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

53" The copper coinage in circulation is also hereby declaredto be continued until a sufficient quantity of copper pice can beprepared, adapted in weight to its relative value with the superiordenomination of coinits fractional parts."It appears from the records that, in the course of the year 1817,an order was passed directing Collectors not to receive Pondicherryrupees in payment of revenue, but this order was rescinded on thereceipt of a letter from the Collector of South Arcot to the effectthat the old Poudicherry rupees, fanams, and cash had alwaysbeen received into the district treasuries of that division, andwould tend much to impede thethat, if they were not received, itcollections both in the Land and Sai/cr department besides -which;it would fall very hard on the cultivators, for they would beobliged to pay a certain vutitm, in order to get the village shroffsto exchange the Pondicherry coins for the Company's, and thiswould completely put the ryots at the mercy of the village bankers.It was accordingly resolved that the old Pondicherry rupee shouldbe received in payment of revenue, so long as it continued to bedistinguishable from the new one, specimens of which had beenassayed, and found to manifest a striking variation both in theirweight and fineness. The prohibition of the circulation of thePondicherry rupeeis referred to in a letter from the Collector ofSalem regarding the receipt and payment of revenue in Cantaroyfanams, in reply to which it was stated in a letter, dated 24thFebruary 181$, that " The Collector refers to the orders prohibitingthe circulation of the Pondicherry rupee in the territoriesof the Hon'ble Company, and we are aware of no reason why a preferenceshould be given the currency of the Mysore Government,particularly when theHon'ble Company are at the grsat expenseof mint establishments and recoinage. We would therefore recommendthat the Collector of Salem be instructed not to receive infuture Cantaroy fanams in payment of revenue, they being thecoinage of the Mysore mint, which has issued so large a quantityof late, encouraged no doubt by the fallacious value given to themin the Hon'ble Company's territory, as to have proved a greatsource of inconvenience in the Ceded Districts. The same ordersshould be extended to the other Collectors in that quarter."In the preamble of Eegulation XIV, 1818, " for altering the 1818.standard of the Calcutta sicca rupee and } gold mohur, and forfurther modifying some of the rules in force respecting thesecoins," it is stated that " the high standards established for thegold mohur and sicca rupee, having been found productive ofmany inconveniences, both to individuals and the public, inasmuchas they are ill-calculated to resist the wear and defacementto which coins are necessarily exposed, and as they are only to beobtained by having recourse to the expensive process of refining,1Extract from a letter from the Assay Master, Fort St. George, dated 4thJanuary 1821 :" The people of these territories appear to call all coins which are issued bythe Bengal Government sicca rupees; thus there are Cutke siccas, Nag;apoor siccas,Jfiynpoor siccas, Bajeeron siccas, Narainpetta siccas, Benares, FarrnkhabSd,ami others, but the Wallis rupees are understood to be the Calcutta sicca, thefinest arid heaviest of all."