AGENT
Coun
Off
217
of the weight and composition of these coins, his attention had been drawn to the course generally followed in the case of token coins issued in virtue of the Prerogative of the Crown, or to the conditions under which such coins circulate.
In this country the token silver coinage is regulated by Act of Parliament because silver was formerly the standard of value, and had become the subject of Legislation before the coinage was reduced to its present subsidiary condition by the Act of 1816.
But the composition and weight of the copper coinage are not so regulated, and the recent change in that coinage was effected by the authority of ... without any public notification of the composition of the new coins.
And there is reason for this reserve. A token is the representative in exchange of a given value, which the token itself does not intrinsically possess, and may consist of paper, or any other worthless material. The only object of using available metal is that its debasement below ...
AGENT
Coun
Off
}
217
of the weight and composition of
these
coins, his attention had been drawn
to the conse
generally followed in
the case of token coins issued
in virtue of the Prerofative of
the Crown, or to the conditions under which such comis corculate-
In this country
the token
silver comage is regulated by Mit
of
Farliament because filver was
formerly the standard of bakre, and had become the subject of Legislation before the coniage
D
reduced to its present subsidiary condition by the Act of 1816.
Bul
But the composition and
weight of the cother comage are
not to refulated
in that
change in
, and
the recent
that comiage was effected
by the authonty of
without any
of
the Crown
public notification
the composition of
the ww juices;
And there is reason for this
reserve
A token is the representative
in exchange of a given value. which the token itself does not
intrinsically popes,
may
consist of haper, or my
other worthless material
and the
only abreit of using avabole enital is that its debasement
below
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