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| | Decimal Day (Site not responding. Last check: 2007-10-20) |
 | | Under the old currency of pounds, shillings, and pence, the pound was made up of 240 "old pence" (denoted by the symbol d), or 20 shillings (denoted by the symbol s). |
 | | New, different coinage was issued alongside the old coins, many of which still remained legal tender at their old value, although the penny (1d) and threepenny (3d) coins were removed from circulation immediately and could only be exchanged at banks. |
 | | The Royal Commission on Decimal Coinage (1918–1920), chaired by Lord Emmott, reported in 1920 that the only feasible scheme was to divide the pound into 1000 mills (the pound and mill system), first proposed in 1824, but that this would be too inconvenient. |
| encyclopedia.vestigatio.com /Decimal_Day (1033 words) |
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