CodalSearch this book — or all of Codal…⌘K
nydus/The History of Currency, 1252 to 1896Public
Page 556 of 764
Table of Contents

APPENDIX V

Convention of 1857 have been already detailed (see text, pp. 209-12).

Ten years later Austria withdrew from this monetary treaty (in accordance with the terms of the treaty of Berlin, 13th June 1867), with the intention of acceding to the contemplated French currency treaty of 31st July 1867. She ceased the coining of German gold crowns and half-crowns, and instead minted 4 and 1-ducat pieces. From 1870 onwards she coined, in conjunction with Hungary, 8 and 4-florin gold pieces, the former 77 1⁄2 to the pound, .900 fine.

By a decree of 6th November 1870, the 8-florin gold piece was tariffed at 8.10 florin. At this it was made legal tender, on the basis of the French ratio of 15 1⁄2; but it was practically nothing more than commercial money, like the preceding crowns and half-crowns of the convention of 1857. The

556