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Foreign News
April 22, 1773
The Virginia Gazette
Williamsburg, Virginia
What is this article about?
In London, a silver dealer inspected £100 worth of silver coinage and found only £10 from the official Tower mint, the rest from Birmingham Mint, highlighting government carelessness in producing substandard currency insufficient for public use.
Clipping
OCR Quality
95%
Excellent
Full Text
LONDON, February 13.
A person who deals much in silver had the curiosity, the other day, to tell out one hundred pounds worth of it, and then to inspect it carefully, and see how much of it was really good; and he found that about ten pounds of it only came from the Tower, and all the rest from the Mint at Birmingham. This demonstrates such a carelessness in government, and is such a disgrace to it as cannot be paralleled in any age or nation. Even of this bad coin there is not one half sufficient for the common uses of the subject.
A person who deals much in silver had the curiosity, the other day, to tell out one hundred pounds worth of it, and then to inspect it carefully, and see how much of it was really good; and he found that about ten pounds of it only came from the Tower, and all the rest from the Mint at Birmingham. This demonstrates such a carelessness in government, and is such a disgrace to it as cannot be paralleled in any age or nation. Even of this bad coin there is not one half sufficient for the common uses of the subject.
What sub-type of article is it?
Economic
What keywords are associated?
Silver Coinage
Bad Money
Birmingham Mint
Tower Mint
Government Carelessness
Where did it happen?
London
Foreign News Details
Primary Location
London
Event Date
February 13
Outcome
only about ten pounds of one hundred pounds worth of silver coinage was genuine from the tower; the rest from birmingham mint was bad and insufficient for common use, demonstrating government carelessness.
Event Details
A silver dealer inspected £100 worth of silver, finding most from Birmingham Mint substandard compared to Tower mint output.