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JSSISI: Journal of The Statistical and Social Inquiry Society of Ireland, 1847- >
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Title: A suggestion on coinage
Author: Murphy, Joseph John
Keywords: Coinage
Coin replacement
Issue Date: 1889
Publisher: Statistical and Social Inquiry Society of Ireland
Citation: Murphy, Joseph John. 'A suggestion on coinage'. - Dublin: Journal of the Statistical and Social Inquiry Society of Ireland,Vol. IX Part LXIX, 1888/1889, pp381-383
Series/Report no.: Journal of The Statistical and Social Inquiry Society of Ireland
Vol. IX Part LXIX 1888/1889
Abstract: The work of the British Mint is done gratuitously; the expense of coining gold into sovereigns is borne, not by the merchant or banker, or other person who sends the gold to the mint, but by the payers of taxes. It is difficult to see the justice of this. No doubt it is a matter of national concern that sovereigns should have a national stamp which guarantees their purity and their weight. But it is no part of the functions of a government to supply the country with its currency; trade must supply the currency by means of which it is to be carried on; the legitimate function of government in the matter is limited to authenticating the coinage. Another closely kindred function of government consists in enforcing the accuracy of weights and measures. This ought to be done, so far as possible, at the expense of those who use the weights and measures; and it would be equally reasonable to require that those who take gold to the mint for coinage should be charged with the expense of its coinage.
Description: Read 18th December, 1888
ISSN: 00814776
Appears in Collections:Archive JSSISI: 1847- Complete Collection
JSSISI: 1885 to 1893, Vol. IX, Parts LXIV to LXXIII

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