DOI Seite / Zitierlink:
https://doi.org/10.11588/diglit.4651#0325
312 JOURNAL OF A RESIDENCE
press, and was expected at court in twenty days.
He confirmed the accounts of his majesty's displea-
sure and punishment of the whoonghees. From him
Mr. R. also learnt, that the new regulations re-
specting the coinage were as follows:—For 100 ti-
cals weight of silver, two and a half per cent, stan-
dard, delivered into the royal mint, 60 pieces each
weighing one tical, would be given in exchange ;
that 20 of the pice I brought from Bengal were
to be given in exchange for one of those coined
ticals, or 40 pieces of his majesty's coinage.
Now supposing the ticals issued from the mint to
be of the same standard as the silver paid in, or
2^ per cent worse than pure silver, he will gain
at the rate of 66f per cent, on the silver; and as
the copper pice I brought cost him only one tical,
5 per cent, silver, for 81, or 83 for one tical of
2i per cent, silver, and he sells them at the rate
of one tical for 20, his gain on those pice will be
315 per cent., or in plainer language, the pice he
bought for 100 ticals, he will sell for 415 ticals.
His gain on the pice of his own coinage will
amount to about one-third more ; but if we take
into consideration the advanced or nominal value
of his new silver coinage, the profits on the issue
of the Bengal pice will be enormous indeed. On
the lack of pice, he will gain 7,318 ticals, five per
cent, silver, or 8781 sicca rupees, at the rate of
press, and was expected at court in twenty days.
He confirmed the accounts of his majesty's displea-
sure and punishment of the whoonghees. From him
Mr. R. also learnt, that the new regulations re-
specting the coinage were as follows:—For 100 ti-
cals weight of silver, two and a half per cent, stan-
dard, delivered into the royal mint, 60 pieces each
weighing one tical, would be given in exchange ;
that 20 of the pice I brought from Bengal were
to be given in exchange for one of those coined
ticals, or 40 pieces of his majesty's coinage.
Now supposing the ticals issued from the mint to
be of the same standard as the silver paid in, or
2^ per cent worse than pure silver, he will gain
at the rate of 66f per cent, on the silver; and as
the copper pice I brought cost him only one tical,
5 per cent, silver, for 81, or 83 for one tical of
2i per cent, silver, and he sells them at the rate
of one tical for 20, his gain on those pice will be
315 per cent., or in plainer language, the pice he
bought for 100 ticals, he will sell for 415 ticals.
His gain on the pice of his own coinage will
amount to about one-third more ; but if we take
into consideration the advanced or nominal value
of his new silver coinage, the profits on the issue
of the Bengal pice will be enormous indeed. On
the lack of pice, he will gain 7,318 ticals, five per
cent, silver, or 8781 sicca rupees, at the rate of