your question.’ This, however, we cannot
help considering one of the greatest inconveniences
of transatlantic and continental reckonings.
We are accustomed to talk of amounts in as small numbers
as possible; and one of the great advantages we see
in decimal gradations is, that we should never have
a number above 9, except in pounds. There is
something not only troublesome but indefinite, in the
idea of ten and twenty in comparison with one and two;
and a French account in francs bewilders us when it
amounts to thousands and millions. Probably the
half and quarter francs of France, and the half and
quarter dollars of America, have been the means of
exploding the decimals next below them; and on this
ground we differ from those who plead for the continuance
of our present shillings and sixpences, as half and
quarter florins. The shilling is a coin so inseparably
connected with 12 and 20, that no decimal system will
obtain while it exists. It is useless to say,
that it would be retained only as a circulation coin,
and not as a denomination in accounts; for so long
as we have it at all, we will certainly reckon from
it and by it. For purposes of common barter,
there ought to be a two-cent piece, a four-cent, and
perhaps a seven-cent; and thus we shall be compelled
to
think decimally. ‘If it is worth
while to alter at all,’ says Mr Taylor, ’ought
we not to go the whole required length, and aim without
timidity at the possession of a scale complete at once
within itself, and so escape an indefinite prolongation
of the purgatory of transition? In a change like
the one under consideration, the work of pulling down
an old system is far more difficult than that of building
up another, and every prop must be removed before
it will fall.’
With respect to the copper coins, there seems to be
no hurry about disturbing them. It appears that
the Dutch stiver and the French sou have maintained
their place in spite of legislation. So, probably,
would the English penny, and properly enough as a
4-millet piece. We fear our poor people would
feel it to be an attempt to mystify them, were the
government to withdraw this familiar coin and substitute
a 5-millet piece, as some have recommended, for the
sake of establishing a binary division of the cent.
It would, doubtless, be considered desirable, as an
ulterior measure, to have a more exact copper coinage,
marked as one millet, two millets, and four millets;
but when we have, without scruple, passed as the twelfth
part of a shilling the Irish penny, which is really
only the thirteenth part, we may, in the meantime,
use our present copper money, which will differ only
a twenty-fifth from the new value attached to it—a
discrepancy of no consequence, except to the holders
of large quantities, from whom the Mint would be bound
to receive it back at the value it bore when issued.
These coppers, however, ought not to be used beyond
the value of the cent, for then would arise the confusion
of dealing with the 100 millets in the florin, or