SENSIBLE MONEY
SIR,—Dr. Scopes' suggestion of "Sensible Money," while superficially attractive, and doubtless designed to attract support both from English conservatism and English talent for compromise solutions, does not in my view offer a suitable currency for post-war needs.
In the first place, it is not a truly decimal system (E5 6s. 61d. is not 5.666 but approximately 5.316) and secondly it does not meet the probable higher range of values in terms of money which we may certainly expect. I suggest as still more " sensible ": — so farthings=1 x (21d)—denier or dime (?) to deniers =1 florin.
to florins = i pound.
The halfpenny remains as two farthings, the penny as four farthings during the transition from our archaic to the " new-world" decimal system. The only change required is for the present 3d. piece to become a zid. piece. Sixpences and shillings remain as quarter and half florins until withdrawn in the normal course of currency replacement. Dis- turbance is slight, and the ultimate gain immeasurable. Any change short of true decimalisation would not be worth while.—Yours faithfully, EDWARD HINCHLIFFE. Applegarth House, Ottringham, Hull (Yorks).
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