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2262. DOLLAR, Proportion of Alloy.—[continued].

As to the alloy for gold
coin, the British is an ounce in the pound;
the French, Spanish and Portuguese differ
from that, only from a quarter of a grain, to
a grain and a half. I should, therefore, prefer
the British, merely because its fraction
stands in a more simple form, and facilitates
the calculations into which it enters.—
Notes on a Money Unit. Washington ed. i, 168. Ford ed., iii, 452.
(1784)