| Metallic. | |
|---|---|
| 1893. | Dollars. |
| Gold bullion, | 84,631,966 |
| Silver bullion, | 128,479,587 |
| Gold coin, | 582,366,998 |
| Silver dollars, | 419,332,777 |
| Subsidiary silver coins, | 76,267,586 |
| 1,291,078,914 | |
| Paper. | |
| Legal tender notes (old issue), | 346,681,016 |
| Legal Tender Notes Act, 14th July 1890, | 153,160,151 |
| Gold certificates, | 77,487,769 |
| Silver certificates, | 334,584,504 |
| National Bank notes, | 208,538,844 |
| Currency certificates, | 39,085,000 |
| 1,159,537,284 | |
Of the total of silver dollars in the above, only a matter of 57,869,589 are in circulation. The balance, 361,463,188, are in the Treasury vaults.
THE NETHERLANDS IN 1816
Netherlands.
During the eighteenth century the monetary
history of the Netherlands loses its central and determining importance. The details of the Mint laws, which precede the later developments of the nineteenth century, are therefore relegated to the [Appendix (No. IV. Holland).]
When the United Provinces of the Netherlands and Belgium were united under a single sceptre, both countries had an immense variety of coins, for formerly nearly every province claimed a right of coining money. To meet the desire for a simple and single system, a monetary law was passed in 1816 under King William I. Its object was to arrive at a currency having the old florin, called the florin of 200as, as the unit. But at the same time a gold piece of 10 florins was allowed. The florin contained 9.63 grms. of silver and the 10-florin piece 6.056 grms. of gold. The ratio was therefore 15.873, whilst in France it was 15 1⁄2.
Moreover, to respond to the desire of the inhabitants of Belgium, the franc was accepted in the public treasuries, but at too high a rate, viz. at 47 1⁄2 cents, whereas it was worth only 46.8 cents. The result was that the new 3-florin pieces on leaving the Brussels Mint went to the Lille Mint, to come back in the shape of 5-franc pieces.
The law was languidly carried out. Gold pieces were principally coined, and in proportion as gold was coined it became more and more difficult to coin silver.
In 1830 Belgium was separated from Holland, and it was not till 1844 that the recoining of the old