Publications of the Scottish History Society, Volume 36 - Journals of Sir John Lauder Lord Fountainhall with His Observations on Public Affairs and Other Memoranda 1665-1676 by Sir John Lauder
page 48 of 544 (08%)
page 48 of 544 (08%)
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The New Peice[37] 12.00.00 12.16.00 The Halfe 6.00.00 6.08.00 The Quarter 3.00.00 3.04.00 The Rose Noble, Scots and English. 10.13.04 11.07.04 The Hary Noble 9.06.08 9.19.00 [36] Lauder's Jacobus. [37] Lauder's Carolus. (3) _Dollar_. In Lauder's accounts the reader is struck by the prominent position of the dollar. While debts and obligations were calculated in pounds Scots or merks, dollars supplied the currency for household and other payments, just as pounds do at the present day. They were foreign coins of various denominations and various intrinsic value, but of inferior fineness to the Scots standard of silver money, which was eleven penny fine--eleven parts silver to one part alloy. They passed current for more than their intrinsic value, and the native silver money was withdrawn from the country. All through the reigns of Charles I. and Charles II. the subject gave great concern to the Mint, the Parliament, the Privy Council, and bodies with commercial interests like the Convention of 'Burrowis.' In 1631 the Privy Council issued a proclamation 'considering the greit skarsitie of His Majestie's proper coynes ... occasioned by the frequent transport theirof and importing of dollours in place of the same,' prohibiting the receipt of any dollars for coal or salt after 1st November next to come. 'That in the mean tyme the maisters and owners of the |
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