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[Page 6]
for the first time it will be easy to arrange it on a Decimal Scale assuming the Farthing as the Monetary unit, & the following set of Tokens will answer this very important purpose.
one piece of 20 farthings or 5d
One of piece of 50 farthings or 1.0½
One of piece of 100 farthings or 2.1
10 of these last will be twenty Shillings & ten pence, very near a Guinea.
They ought to be struck in Silver & if the Dollar Standard is assumed they cannot in any shape interfere with the present arrangements of British Coin. They ought also to be rather lighter than their real value, sufficiently so to defray the expence of Coinage, but not light enough to tempt the Birmingham Artists to supply the Colony with Counterfeits.
To this should be added the establishment of a Government Bank of Exchange, upon a principle somewhat similar to that of Amsterdam, not for the issue of Bank Notes as in a Bank of circulation, but with permission to those who lodge Money with the Bank to draw upon the balance of their account in favour of the Bearer.
Consequently if A who has credit