A commissioned officer _sixty sols_.
A cavalry soldier _thirty sols_.
A private soldier, with musket (mousquetaire) _twelve sols_.
A private soldier, with halbert or staff
(halbarde ou baston) _eight sols_."
--_Le Quesne_, page 489.
"It is an indication of the little traffic of the Island that payments
were usually made in _liards_--small copper coins of the value of
one-eighth of a penny. There are acts of the States passed at different
periods alluding to the scarcity of money. According to the prevalent
notions of those times, and of a much later period, one chief object of
commercial legislation was to keep as much money or actual coin in the
country as possible; and the balance of trade was to be so regulated as
to insure this result. The exportation of coin has therefore, in various
countries, been occasionally prohibited under severe penalties. The same
notions existed in Jersey, and it was equally believed that coin or
money could be retained, and should be retained, by legislative
enactments. We find an act of the States, of the 3rd of October, 1701,
forbidding all persons to take or send out of the Island to foreign
countries any gold, silver, or other coin, to a larger amount than
_thirty livres tournois_ at a time, on pain of confiscation of the
money, besides a fine; and, in addition to this penalty, confiscation of
the vessel on board of which such moneys should be found, and three
months' imprisonment of the master and crew. This prohibition did not
produce the results anticipated by the States; for we find them, on the
9th of April, 1720, complaining that, although the sending out of the
Island of gold and silver was forbidden, yet very little remained in the
Island. They could not understand that if a profit or benefit was to be
derived in the purchase of commodities or provisions in France with
actual money, such money would unavoidably find its way there. Coins,
being in fact merchandise, will follow the same rules of exchange, and
will be attracted to those parts where they bear a greater exchangeable
or market value. The actual value of a coin in currency must be that of
its intrinsic value; and if temporary circumstances cause it to bear a
greater value elsewhere, thither it will tend, till the balance is
restored, in defiance of any attempts to arrest
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