Last edited by Dile
Tuesday, July 14, 2020 | History

3 edition of The currency of the British colonies found in the catalog.

The currency of the British colonies

James Pennington

The currency of the British colonies

by James Pennington

  • 270 Want to read
  • 10 Currently reading

Published by W. Clowes in London .
Written in English

    Subjects:
  • Money -- Great Britain -- Colonies

  • Edition Notes

    Statement[James Pennington].
    The Physical Object
    FormatMicroform
    Pagination3 microfiches (134 fr.).
    Number of Pages134
    ID Numbers
    Open LibraryOL20772451M
    ISBN 100665398093

    Since all Irish coins ( to ) were produced by the Royal Mint, many British collectors also collect the Irish pre-decimal series. Technically, it was a “slave currency” to Sterling – see The Currency Act of and the Currency Commission of Ireland for more information. The following is . THE BRITISH COLONIAL CURRENCY SYSTEM Introduction IT is nlow exactly fifty years since the late Lord Chalmers' great work, The History of Colonial Gurrency, was published. Since that date enormous changes have taken place, and Lord Chalmers' book is n-iow purely of historical interest, but no further comprehensive work on the subject has appeared.

      British colonies often had their own currencies, but the British pound was the primary currency of trade within the British Empire and was generally accepted as legal tender by all British colonies. You are correct in guessing that this is one of. Values, images, and specifications for coins from the UK, Great Britain, England, Ireland, Scotland, Wales, crown dependancies and colonies of the former British Empire. All Coin Values resource. United Kingdom of. Great Britain & Ireland. UK - to UK - to UK - to United Kingdom of. & Northern Ireland.

    The inflationary nature of the currency, wrote Smith, was a "violent injustice" to the creditor; "a scheme of fraudulent debtors to cheat their creditors" (Book II, Chapter II). As a result, the British Parliament passed several Currency Acts to regulate the paper money issued by the colonies. "The British Empire comprised the dominions, colonies, protectorates, mandates and other territories ruled or administered by the United Kingdom." The British Empire was at its greatest expanse in , "holding sway over about million people (one-fifth of the world's population at the time) and covered almost a quarter of the Earth's total.


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The currency of the British colonies by James Pennington Download PDF EPUB FB2

M oney, or the lack thereof, was a persistent problem in colonial America. The colonists were under the control of Great Britain, where the legal tender was both gold and silver, known as a Author: Sharon Ann Murphy. A history of currency in the British colonies Unknown Binding – January 1, by Robert Chalmers (Author) out of 5 stars 2 ratings.

See all 24 formats and editions Hide other formats and editions. Price New from Used from /5(2). History of Currency in the British Colonies [Robert Chalmers] on *FREE* shipping on qualifying offers. In this classic study of the development of British colonial currency up tothe author has drawn for much of his material on official archives.

No other book in the subject has provided such a masterly survey. most numismatic books have treated of the coins rather than of 3/5(1).

Genre/Form: History: Additional Physical Format: Online version: Chalmers, Robert Chalmers, Baron, History of currency in the British colonies. A history of currency in the British colonies by Chalmers, Robert, Sir, b.

Publication date Topics Money Publisher London: Printed for H.M.S.O. Collection robarts; toronto Digitizing sponsor University of Toronto Contributor Robarts - University of Toronto Language English.

Includes index 26 29 Addeddate Pages: Additional Physical Format: Online version: Pennington, James, Currency of the British Colonies. London, W. Clowes, (OCoLC)   CONTINENTAL PAPER CURRENCY, Philadelphia: Printed by Hall & Sellers, Loosely united in the midst of political revolution and war, the British colonies had no unity whatsoever in currency.

Each colony began printing its own paper currency valued both in British-style pounds, shillings, and pence and in the universally familiar Spanish. The term "British Overseas Territory" was introduced by the British Overseas Territories Actreplacing the term British Dependent Territory, introduced by the British Nationality Act Prior to 1 Januarythe territories were officially referred to as British Crown Colonies.

Although the Crown dependencies of Jersey, Guernsey, and the Isle of Man are also under the sovereignty Government: Devolved administrations under. Link to the book Embed a mini Book Reader Finished. A history of currency in the British colonies.

A history of currency in the British colonies ← Back to item details. PDF/ePub Info Share, | Page i of The book touches on the British monetary debates of the early nineteenth century, but to my taste gives insufficient attention to how they influenced British colonial currency policy.

The first currency board was established in New Zealand in by a governor who had absorbed the ideas of what came to be called the Currency School of British. The Thirteen Colonies, also known as the Thirteen British Colonies or the Thirteen American Colonies, were a group of colonies of Great Britain on the Atlantic coast of America founded in the 17th and 18th centuries which declared independence in and formed the United States of America.

The Thirteen Colonies had very similar political, constitutional, and legal systems, and were dominated Status: Part of British America (–). British Honduras. British Honduras, renamed Belize inwas the first British colony in the Caribbean area to replace sterling currency with a US dollar-based currency.

That occurred in as a result of the fact that the dollar of neighbouring Guatemala had driven the sterling coinage out of circulation.

Based on archival research covering more than two centuries and most former British colonies (West Indies, India, Singapore, Malaya, West Africa and East Africa), this book is a revisionist history of the British imperial manipulations of colonial currency systems to facilitate the rise of sterling to world supremacy via the gold standard, and to slow its eventual decline after World War II.

Getting "hard currency" was always a problem for colonies, in part, because mercantilism said that Britain should try to keep as much hard currency as possible, plus the problem of getting it shipped around the world, and then that the colonies were trading with all different nations.

As a result, British colonies were using all sorts of currency. British sterling. Maryland kept its currency at the British standard but in other colonies the currency had lower values. Expressed in terms of the value of a Spanish-American dollar, the exchange rates in the later colonial period would be as follows: 4s6d in Maryland paper money =File Size: 7MB.

"However, the British government was still trying to maintain control so they heavily regulated production of all currency, which kept the colonies subservient to the needs of Britain. Although the colonists had some British pounds, British currency was needed to pay for British imports, which depleted the colonial economy of that currency.

Through extensive trades with the Spanish, the colonists accumulated many more Spanish dollars than British pounds, so Spanish dollars were the main form of commodity money in the colonies.

This book is the story of the early currency of British North America prior to the establishment of the Federal Mint. The pervasive theme of this study is that money, in whatever form—be it commodities, wampum, coin or paper—must be understood in the context of a circulating medium of exchange.

The American colonies and the British Empire, (The Crowell American history series) by Carl Ubbelohde and a great selection of related books, art and collectibles available now at Many different things were used as currency in the American colonies, although monetary value was often expressed using British denominations.

Great Britain outlawed the minting of any official. Colonial Currency of all Thirteen Colonies - 13 Orig. Paper Money Museum Framed $2, 4 Four PENCE Paper Currency Colonial April 3 His Majesty George The 3rd.

Interesting details on a little known aspect of British covert activities during the war. Robert Townsend, aka Culper Jr., sent a report dated Novem to his Case Officer, Benjamin Tallmadge, reporting that the British in New York City had acquired paper stock that matched what Congress was using for its : Stuart Hatfield.Loosely united in the midst of political revolution and war, the British colonies had no unity whatsoever in currency.

Each colony began printing its own paper currency valued both in British-style pounds, shillings, and pence and in the universally familiar Spanish milled dollar. Each colony valued the Spanish dollar at wildly different rates.