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Show The Adoption of the Dollar-and-Cent System by the British Empire By J. RUSSELL GUBBINS, in the English Review. The main reasons for giving the preference to the dollar-and-cent system (over the existing English coinage, or a pound subdivided into a thousand "mils") may be summed up as follows: . . . Its adaptability for every-day transactions, and its greater simplicity for the keeping of accounts. If we are to aim at one uniform empire currency, that object is more likely to be attained through the dollar than through pound and mil. In not many years from now the number of people using the dollar will be much larger than the number of those using any other coin. This will make the dollar- the predominant 3tandard. The adoption of the dollar by the British empire would bring us into line with the'great English-speaking communities of North America, and strengthen ties between Anglo-Saxon nationalities. |
