a measure of protection to their gold, to alter the ratio, and for that purpose to reduce the thaler from 96 to 90 kreutzers again, while leaving the ducat = 3 florins, and the gold gulden = 2 florins 20 kreutzers.
| The mark of fine | silver | was thus | = 3 | fl. 30 kr. |
|---|---|---|---|---|
| " | gold | " | = 204 | " |
| (Ratio = 15 1 ⁄ 9 .) |
The divisional coins were to be minted on a graduated and enhanced standard. Thus—
| 6-kr. and 4-kr. pieces (Batzen), | at 13 fl. 55 | kr. | to the mark fine. |
|---|---|---|---|
| Groschen (3 kr.) | at 14 fl. 10 | " | " |
| Kreutzer | at 14 fl. 40 | " | " |
| Pfennige (3760 to the mark fine), | at 15 fl. 43 | " | " |
There were thus three contemporary systems in Germany in 1670—
| 1. | Reichs thaler, | at 90 | kr. | , mark of fine silver | at 13 fl. 30 | kr. |
|---|---|---|---|---|---|---|
| 2. | " | at 96 | " | " | at 14 fl. 24 | " |
| 3. | " | at 105 | " | " | at 15 fl. 45 | " |
The three Upper Circles, however, could not maintain their last enacted order. In spite of its enactment, the Reichs thaler rose again to 96 kreutzers, and the ducat to 3 florins 12 kreutzers. Page 373
The confusion and general harm which resulted has been referred to in the text (p. 199), and it is to be regarded simply as a stop-gap at any cost that the measure proposed by the