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Updated: May 27, 2025
They said that the pound might be preserved precisely on the present footing, and thus would be maintained in name the price of everything above twenty shillings in value. They remarked that the farthing, which is the 960th part of L.1, might be set down as the 1000th, which would be a variation of 4 per cent. only somewhat less than that to which copper is liable from fluctuation of price.
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