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 Local / United Kingdom / 2111
  Re: Educate me!
 
On Wed, 1 Dec 1999 16:17:25 GMT, Larry Pieniazek uttered the following profundities... (...) Yes, 'tis the same symbol. Now, for the history, why a pound? The Roman soldiers that occupied our land were paid in salt, one pound of it. The "L"-like (...) (25 years ago, 1-Dec-99, to lugnet.loc.uk)
 
  Re: Educate me!
 
(...) And to this day, Roman roads in Britain are still covered in salt. Richard (25 years ago, 1-Dec-99, to lugnet.loc.uk)
 
  Re: Educate me!
 
(...) Not just in the UK, that apparently was an empire wide thing, although I hadn't heard the bit about it being one pound's worth. Salt and Salary have the same latin root. Now you know why. However your explanation doesn't explain why it's a (...) (25 years ago, 1-Dec-99, to lugnet.loc.uk)
 
  Re: Educate me!
 
On Wed, 1 Dec 1999 20:04:17 GMT, Larry Pieniazek uttered the following profundities... (...) Guessing time. Transition from the "salt" standard, to silver standard? (25 years ago, 2-Dec-99, to lugnet.loc.uk)
 
  Re: Educate me!
 
Pretty good guess. A quick search on www.eb.com then reveals... "the basic monetary unit of Great Britain, divided (since 1971) decimally into 100 new pence. The term is derived from the fact that, about 775, silver coins known as "sterlings" were (...) (25 years ago, 2-Dec-99, to lugnet.loc.uk)

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