Letter

Cramer to Hamilton Fish, September 5, 1874

Author

Cramer

Recipient

Hamilton Fish

Date

September 5, 1874

Type

Letter

Language

English

No. 192. Mr. Cramer to Mr. Fish.

Legation of the United States, Copenhagen, September 5, 1874. (Received September 22.)

No. 276.]

Sir: Referring to my No. 159, and its inclosure, of December 28, 1872, in relation to the introduction into the three Scandinavian kingdoms of a common money system based upon a common gold standard, I have now the honor to inform you that the said common money system described in inclosure A of the said dispatch, having by law been adopted by the kingdom of Denmark, will be introduced and take effect on the 1st of January, 1875.

The Danish minister of finance has, on the 1st of this month, caused an official notice to be published, to the effect that all financial obligations entered into on and after January 1, 1875, shall be done on the basis of the said new money system, and that from and after that date all public and private payments shall be made in accordance with the unit of calculation of that system, namely, the gold crown, containing 100 öre, (or about 26¼ cents gold.)

It might, perhaps, be well to inform the financial and commercial world of the United States of the foregoing notice.

I have, &c.,

M. J. CRAMER.

Notes

1. See u201cForeign Relationsu201d for 1873, Part 1, page 215.

Topics

19th Century Diplomacy Reconstruction

Sources

FRUS u2014 Papers Relating to the Foreign Relations of the United States, Transmitted to Congress, With the Annual Message of the P View original source ↗

U.S. Department of State, Office of the Historian. Papers Relating to the Foreign Relations of the United States, Transmitted to Congress, With the Annual Message of the P.