of 1551 was constructed as a double basis—
1. Of the gulden groschen (*i.e.* thaler) = 1 gold gulden = 72 kr. 2. Of the gulden groschen (*i.e.* thaler) = 1 gold gulden = 60 kr.
The tale was altered from 8 to 7 1⁄2 to the mark, but the Page 364 standard was lowered still further to 14 loth 2 grs. fine (= 8 120⁄254 to the mark of fine silver). But in the accompanying tariff the actual specie thaler-piece was set at 22 groschen, or 66 kreutzers.
The third Imperial Mint Ordinance established an important difference from this system. The actual thaler or silver gulden (= 72 kreutzers) was ordered to be discontinued, and no more minted, and a different basis adopted of silver Reichs guldens = 60 kreutzers, at a tale of 9 1⁄2 to the mark, 14 loth 16 grs. fine.
This intended exclusion of the thaler, however, proved quite ineffectual. Protestations were raised against it, and in the Reichstag at Augsburg the minting of