Coins In Lucknow Mus. Vol 01 [56 MB - IndianCoins.org

23title of" The United Company of Merchants of England tradingto the East Indies/' whose monogram, V.E I.C., is reproduced onmany of the copper coins of the last, and early part of the present,century. The London Company agreed to transfer to the EnglishCompany, inter atia, their rights to all their several forts andfactories, within the limits of their Charter, in the East Indies,viz., the factories depending on the Presidency of Bombay or;Surat, Swally, Broach, Ahmedhabad, Agra, and Lucknow on;the Malabar coast, the forts and factories of Carwar, Tellicherry,Anjengo, and Calicut the factories on the coast of; Coromandel,Gingee and Orixa, depending on the Presidency of Fort St.George on Fort St. George and the City of Madras, Fort St.;David, Cuddalore, Porto Novo, Pettipolee, Masulipatam, Madapollam,and Vizagapatam the factories dependent on the Presidencyof Fort William, or Fort William, Ballasore, Chutanultee,;Cossimbuzar, Dacca, Hughly, Malda, Rajahmahl, and Patna.From the Records of the year 1705 it appears that 12,000 in 1705.bullion was sent out, to be coined into rupees at Fort St. George,and transmitted to Bengal to clear off all demands, and thatPresident Pitt arid his Council were censured for having allowedthe demands of certain native merchants to be paid, with interest,without having previously ascertained the frauds, which had beencommitted by them in making up their accounts, and for havingallowed Mr. Tillard to draw on the Court for the amount, at therate of ten shillingsand sixpence, instead of the current rate ofnine shillings the pagoda.In his lleport in 1707 Sir Nicholas Waite, General, Bombay, 1707.stated that the Arrack Farms had been placed in the hands ofAgents, who were to manage them, because, when put up to N sale,no person offered to take them ;that the same method had beenadopted with the tobacco farms, by which a gain had been made,this season of 22,328 Xeraphins. Concerning this species of money(Xeraphin), which is frequently mentioned in the early transactionsof the Company, I cannot do better than quote the followingextracts from " Hobson-Jobson" :" Xeraphine, Xerafim, &c. The word in this form representsa silver coin, formerly current at Goa and several other Easternports, in value somewhat less than Is. 6d. It varied in Portuguesecurrency from 300 to 360 re But is. in this case as in so manyothers the term is a corruption applied to a degenerated value.'The original is the Arabic ax/irafi, (or sharifi, noble/) which wasapplied properly to the gold dinar, but was also in India, and stillis occasionally by natives, applied to the gold mohr.1498. " And (the King of Calicut) said that they should tellthe Captain that if he wished to go he must give him 600 Xarifes,and that soon, and that this was the custom of that country, andof those who came thither." Reteiro de V. da G., 79.1523. "Antonio de Saldanha .... agreed with the said KingTuruxa (Turun Shah). . . that the said King .... should payto the King our Lord 10,000 Xarafins more yearly .... in all25,000 Xarafins.Tombo da India, Subsidies, 79.1598. " The chief and most common money (at Goa)is calledPaxdanne Xeraphin. It is of silver, but of small value. They