AUSTRALIA MAY HAVE FIVE SHILLING NOTE
Received Alondav, 7.50 p.m. CAXBERR A, May 20. Beeause of the rising price of silver. preparations are being niade to issue a , live shiHiug note iu Australia. Th'- j note has been designed and saniple quotas printed, but no specifie decision to issue has yet been made. Tlie increasing price of silver tlireat- ! ens to make silvc? currencv uneconomical. Before the war, the Treasury made a profit of up to 50 per cent. on the face value of everv coin issued, but tlie price of silver has now risen to a point where Ihe production cust is praetically equal to tlie face value of the coin.
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Chronicle (Levin), 21 May 1946, Page 5
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112AUSTRALIA MAY HAVE FIVE SHILLING NOTE Chronicle (Levin), 21 May 1946, Page 5
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