NEW: Pence chief of staff pushes back, says VP Pence *never* had a conversation with Sondland about investigations into Bidens, Burisma or conditional release of military aid. pic.twitter.
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Sixpences continued to be legal tender, with a value of new pence, until 30 June 1980.
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Following Decimal Day in 1971, when the British monetary system changed from pound/shilling/penny to the metric £1 = 100p system, the new currency was known as the "new pound" and therefore the "new pence". By 1982, the use of "new pence" was out of use, and replaced with "penny".
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The Ooregum Gold Mining Co of India issued 120,000 shares at £1 each. Shareholders said they wanted to sell on the shares for 5 shillings, (i.e. 25 new pence) one quarter of the value the shares were issued at, but that the buyers would be credited with a full £1 in the company. This would mean that shareholders would get a 15 shilling (75 new pence) discount.
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Decimal Day was set for 15 February 1971, and a whole range of new coins were introduced. Shillings continued to be legal tender with a value of 5 new pence until 31 December 1990.
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A decimal quarter-penny coin (to be struck in aluminium) was also proposed (which would have allowed the pre- decimal threepence to continue to circulate with a value of new pence), but was never produced.
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It even persisted after decimalisation for those coins which had equivalents and continued to be minted with their values in new pence. The UK finally abandoned it in 1992 when smaller, more convenient, "silver" coins were introduced.
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Still others, notably Ireland, decimalised only when the UK did. The UK abandoned the old penny on Decimal Day, 15 February 1971, when one pound sterling became divided into 100 new pence. This was a change from the system used in the earlier wave of decimalisations in Australia, New Zealand, Rhodesia and South Africa, in which the pound was replaced with a new major currency called either the "dollar" or the "rand". The British shilling was replaced by a 5 new pence coin worth one-twentieth of a pound.
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It was removed from circulation and demonetised on 1 January 1987. The main reason that halfpennies were issued was that when shillings were decimalised they were worth five new pence, so a sixpence (half of a shilling) yielded a value of new pence. Its dimensions and appearance were the same as the British coin of the same denomination as the pounds of Britain and Ireland were pegged until 1979. The coin was designed by the Irish artist Gabriel Hayes and the design is adapted from the manuscript Cologne Collectio Canonum (Cologne, Dombibliothek Cod.
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The shilling was abolished, and the pound was subdivided into 100 "new pence" (abbreviated "p"), each of which was worth 2.4 "old pence" (abbreviated "d"). In Ireland, the Irish pound had a similar £sd currency structure and similar changes took place.
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The face value of Maundy money coins was maintained, increasing all their face values by a factor of 2.4, as the coins continued to be legal tender as new pence. The numismatic value of each coin, though, greatly exceeds face value. All predecimal crowns remain legal tender, with a face value of 25p.
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In 2016, the Royal Mint began minting legal tender decimal sixpence coins in silver, intended to be bought as Christmas presents. These coins are heavier than the pre-1970 sixpences (3.35 grams instead of 2.83 grams), and have a denomination of six new pence instead of six old pence. The new reverse was designed by John Bergdahl..
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The old penny quickly went out of use after Decimal Day, 15 February 1971 - there was no exact decimal equivalent, and the slogan "use your old pennies in sixpenny lots" explained that pennies and "threepenny bits" were accepted in shops only if the total value was six old pence (exactly new pence). The old penny was demonetised on 31 August of that year.
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This series has the inscription '6th Series' written on top of the banknote value number on one of the two faces. It was released because the United Kingdom had changed over to decimal currency. There were three denominations - five pence, ten pence and fifty pence. The denominations were expressed in 'New Pence' to distinguish it from the pre-decimal pence.
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In 1898, the British pound was made sole legal tender, although the Spanish peseta continued in circulation until the Spanish Civil War. Since 1927, Gibraltar has issued its own banknotes and, since 1988, its own coins. Gibraltar decimalised in 1971 at the same time as the UK, replacing the system of 1 pound = 20 shillings = 240 pence with one of 1 pound = 100 (new) pence.
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See David J Groom, The Identification of British 20th Century Coin Varieties (Whitstable, Kent, 2010) In 1947 silver was removed from all circulating British coinage in favour of cupronickel, but as it was felt to be inappropriate to strike Maundy coins in base metal, their fineness was restored to 0.925. On Decimal Day, 15 February 1971, the pound sterling became decimalised, with 100 new pence instead of 20 shillings of 12 pence (240 pence) in a pound. No change was made to the design of the Maundy pieces, and all Maundy pieces, both pre- and post-Decimal Day, are by law deemed denominated in new pence, more than doubling the face value of the pre-1971 pieces. The Maundy pieces continue to use the original obverse design for Queen Elizabeth II by Mary Gillick, although the bust of the Queen on other British coins has been repeatedly replaced as she ages.
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Low-value Irish postage stamps likewise used 'p' rather than 'd'; so a two-penny stamp was marked '2p' in Ireland rather than '2d' as in the UK. After decimalisation, while British stamps switched from 'd' to 'p', Irish stamps (but not coins) printed the number with no accompanying letter; so a stamp worth 2 new pence was marked '2p' in the UK and simply '2' in Ireland.
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The sixpence (6d; ), sometimes known as a tanner or sixpenny bit, is a coin that was worth one-fortieth of a pound sterling, or six pence. It was first minted in the reign of Edward VI, and circulated until 1980. Following decimalisation in 1971 it had a value of new pence. The coin was made from silver from its introduction in 1551 until 1947, and thereafter in cupronickel.
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One stamp was typically issued for each 6d (2½ new pence) spent on goods, so large numbers of stamps had to be stuck into the books. At a later stage, a second denomination of stamp was added, worth 10 of the original stamps, which somewhat alleviated this problem. Finally, towards the end, there was a single large stamp worth 40 standard stamps. This was printed with a carmine background around the traditional green shield logo.
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The fifty pence (50p) coin followed in 1969, replacing the old ten shilling note. The remaining decimal coins – at the time, the half penny (p), penny (1p) and two pence (2p) — were issued in 1971 at decimalisation. A quarter-penny coin, to be struck in aluminium, was proposed at the time decimalisation was being planned, but was never minted. The new coins were initially marked with the wording NEW PENNY (singular) or NEW PENCE (plural).
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Circulation of the Voice never reached 2000, and sales over its lifetime averaged around 1000. The first issue was sold for 4 New Pence in 1973 (it was launched soon after decimalisation), rising, in two decades of high inflation, to 30 pence by the time of the final issue. Unlike some other alternative newspapers in the UK the Voice received an insignificant proportion of its income from paid advertising. Also unlike some similar newspapers it received no outside support.
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This action primed the machine. It could be set to dispense any number of stamps from one to five against the insertion of a single coin, although in practice this was never done and all Type G machines vended a strip of five values. Initially these added up to 1 shilling, then after 1971, 5 new pence and by 1980, 10p. Changes in postal rates introduced in 1980 meant that all surviving 10p machines were withdrawn from service.
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Similarly, in some parts of the country, bob continued to represent one-twentieth of a pound, that is five new pence, and two bob is 10p. The introduction of decimal currency caused a new casual usage to emerge, where any value in pence is spoken using the suffix pee: e.g. "twenty-three pee" or, in the early years, "two-and-a-half pee" rather than the previous "tuppence-ha'penny". Amounts over a pound are normally spoken thus: "five pounds forty".
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They were discontinued in 1971 as there was no need for a New Pence coin. A five- shilling piece was called a crown or a dollar. A ten-shilling note was sometimes known as "half a bar". It was first printed in 1914 by the Treasury during World War One to conserve silver. These early Treasury notes (especially the 1st and 2nd Series from 1914 to 1917) were nicknamed "Bradburys", from the prominent stylized signature of Sir John Bradbury, Permanent Secretary to the Treasury (1913-1919).
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The pie was demonetised in 1947 as it had become practically worthless due to inflation.Until 1966, India was a member of the sterling area, with the rupee pegged to the British pound sterling and having a value of 1s 6d, or 18 (old) pence; a pie was therefore worth 0.09 old pence in 1947. In 1947, however, a single old penny had an estimated purchasing power of 14 new pence (in 2014 values). Therefore, a pie had a value of 1.3 pence in 2014.
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When minting coins, especially low denomination coins, there is a risk that the value of metal within a coin is greater than the face value. This leads to the possibility of smelters taking coins and melting them down for the scrap value of the metal. Pre-1992 British pennies were made of 97% copper; but as of 2008, based on the price of copper, the value of a penny from this period is 1.5 new-pence. Modern British pennies are now made of copper-plated steel.
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This quit is rendered by the Foreman of the City's Court Leet Jury of the "Town and Borough of Southwark", alias Guildable Manor, which is the area as defined in 1327. The continuation of this body is sanctioned under the Administration of Justice Act 1977. The ceremony takes place in the Cathedral library, the Glaziers' Hall or London's City Hall.www.london.gov.uk/city-hall This sum is rendered onto the Exchequer Cloth in the form of Crowns (5 shilling pieces, equivalent to 25 new pence), which remain legal tender.
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Coins with errors in the minting process that reach circulation are often seen as valuable items by coin collectors. In 1983, the Royal Mint mistakenly produced some two pence pieces with the old wording "New Pence" on the reverse (tails) side, when the design had been changed from 1982 to "Two Pence". In 2016, a batch of double dated £1 coins were released into circulation. These coins had the main date on the obverse stating '2017', but the micro-engraving having '2016' on it.
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British decimalisation training stamps in the same colours and values as the upcoming decimal stamps. Under the new system, the pound was retained but was divided into 100 new pence, denoted by the symbol p. New coinage was issued alongside the old coins. The 5p and 10p coins were introduced in April 1968 and were the same size, composition and value as the shilling and two shillings coins in circulation with them. In October 1969, the 50p coin was introduced, with the 10s note withdrawn on 20 November 1970.
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However, both coins remain valid back to 1971, the only circulating coins on Decimal Day that are still valid. In 1982, the word "new" in "new penny" or "new pence" was removed from the inscriptions on coins and was replaced by the number of pence in the denomination (for example, "ten pence" or "fifty pence"). That coincided with the introduction of a new 20p coin, which from the outset bore simply the legend "twenty pence". A £1 coin was introduced in 1983, and a £2 coin in 1997.
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Since decimalisation on Decimal Day in 1971, the pound has been divided into 100 pence (denoted on coinage, until 1981, as "new pence"). The symbol for the penny is "p"; hence an amount such as 50p (£0.50) properly pronounced "fifty pence" is often pronounced "fifty pee" /fɪfti pi/. This also helped to distinguish between new and old pence amounts during the changeover to the decimal system. A decimal halfpenny was issued until 1984 but was removed due to having a higher cost to manufacture than its face value.
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The shilling (1/-) was a coin worth one twentieth of a pound sterling, or twelve pence. It was first minted in the reign of Henry VII as the testoon, and became known as the shilling from the Old English scilling, sometime in the mid-16th century, circulating until 1990. The word bob was sometimes used for a monetary value of several shillings, e.g. "ten-bob note". Following decimalisation on 15 February 1971 the coin had a value of five new pence, which was minted with the same size as the shilling until 1990, after which the shilling no longer remained legal tender.
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The trip to Norwich called for either plumpness or fortitude, for the buses had wooden seats, and one was fitted with solid tyres. The return fare was nine old pence (less than four new pence). At this time the present Grove Lane was called Coal House Hill, the Coal House standing on the site of the first house below the village hall. Here coal carted from Flordon Station was stored for distribution to the poor by the local charities. These charities had, by 1928, been condensed into three, the Fuel Allotment and Meek's Charity, the Poor's Land and the Clabburn and Bateman Charity.
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Examples of the standard reverse designs minted until 2008 (£2 coin is not shown) The standard circulating coinage of the United Kingdom, British Crown Dependencies and British Overseas Territories is denominated in pounds sterling (symbol "£"), and, since the introduction of the two-pound coin in 1994 (issued to celebrate the Bank of England's 300th anniversary), ranges in value from one penny to two pounds. Since decimalisation, on 15 February 1971, the pound has been divided into 100 (new) pence. Before decimalisation, twelve pence made a shilling, and twenty shillings made a pound. British coins are minted by the Royal Mint in Llantrisant, Wales.
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The British decimal halfpenny (p) coin was introduced in February 1971, at the time of decimalisation, and was worth one two-hundredth of a pound sterling. It was ignored in banking transactions, which were carried out in units of 1p. The decimal halfpenny had the same value as 1.2 pre-decimal pence, and was introduced to enable the prices of some low-value items to be more accurately translated to the new decimal currency. The possibility of setting prices including an odd half penny also made it more practical to retain the pre- decimal sixpence in circulation (with a value of new pence) alongside the new decimal coinage.
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These miners had tied accommodation with the job and had to pay rent to the coal pit owner. If they could no longer work due to accidents or ill health, they and their family lost their accommodation. Working conditions were very poor and dangerous. In 1806, two miles to the east of Harthill at Greenrigg, Lord Polkemmet sank a pit which employed thirteen miners, two boys and some labourers. The seam was about below ground and it produced 8,000 tons of coal per year, which was sold for 6 shillings and 4d (33 new pence) per ton into Edinburgh and generated annual revenues of around £1,000 per year.
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Fiske was charged with arranging the changeover from a Pound consisting of 20 shillings, with each shilling containing 12 pence, to a decimalised Pound of 100 new pence. Fiske led an ambitious public campaign in the years leading up to the switch, trying to make sure every business and every consumer was aware of the implications. Public information films were made and shown on television and leaflets were distributed by the Government. The date for the switch, which became known as 'Decimal Day' or 'D day', was set for Monday 15 February 1971 but the new decimal coins (some of which were the same value as existing pre-decimal coinage) were introduced gradually.
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Staff may also be seen performing such diverse tasks as operating stationary steam engines, iron founding and mucking out pigs. A Penny token as used in Blists Hill The first building visitors see in the museum is the bank (modelled on the still- standing Lloyds Bank branch in Broseley), at which they can change modern coinage into token coinage that represents the predecimal farthings, halfpennies, pennies, threepenny bits and sixpences, at an exchange rate of 40 new pence to 1 old penny. They can then use the token coins as an alternative to modern currency for buying goods whilst visiting the museum (the gift shop at the museum entrance operates only in modern currency).
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It has been suggested by some that the greyhound depicted is Master McGrath, a famous coursing greyhound raised in County Waterford. Although the frieze of Master McGrath on the Master McGrath monument in Waterford, the only public monument in Ireland to a greyhound, does bear some similarity to Metcalfe's design, there is no evidence to suggest that the animal on the coin is anything other than a generic depiction. It was expected that this coin would circulate alongside the new decimal coins, with a value of new pence as in the United Kingdom. With this in mind the Central Bank of Ireland continued to have the coin minted, last dated 1969, while minting decimal coins.
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This established the weight of all silver coins (and their cupro-nickel successors), and their decimal new pence replacements, from 1816 until the 1990s, when new smaller coins were introduced. The silver coins initially produced were shillings weighing 87.2727 grains (or 5.655 grams), half-crowns of 218.1818 grains (14.138 grams) and crowns of 436.3636 grains (28.276 grams). Over the many reigns until decimalisation other denominations came and went, such as the threepence, sixpence, florin, and double florin, always weighing exactly one troy pound per 66 shillings (irrespective of fineness, which was reduced to 50% in 1920, and to 0% in 1947). This made 5 sterling silver shillings (which is 1 crown), about the weight of .
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The paper was enlarged to eight pages in 1873. Managers of the paper dropped the price to 1d (half a new pence) in 1891, causing a jump in circulation and in 1892, changed the title to Essex County Standard. A series of changes in editor saw control of the paper ultimately fall into the hands of the Benham family: first Edward, then his wife Mary; next their sons William and Charles; and finally William's son Hervey. In 1964 the paper, then printed by web-offset lithography (a process pioneered by the Benhams and fellow newspaper proprietor Arnold Quick), was described by Printing World (a trade paper) as Britain's best produced weekly newspaper.
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Cash register in Ireland; the keys have values in "new pence" above and "old pence" below. When the old £sd system (consisting of pounds, shillings, and pence) was in operation, the United Kingdom and Ireland operated within the Sterling area, effectively a single monetary area. The Irish pound was created as a separate currency in 1927 with distinct coins and notes, but the terms of the Irish Currency Act obliged the Irish currency commissioners to redeem Irish pounds on a fixed 1:1 basis, and so day-to-day banking operations continued exactly as they had been before the creation of the Irish pound. The Irish pound was decimalised on 15 February 1971, the same date as the British pound.
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The Rucksack was YHA's first magazine. First issued in 1932, it ran until 1956 when it was retitled The Youth Hosteller, although issue numbers continued the same series. Publication varied between quarterly in the early years to monthly in later years. The contents consisted of hostel reviews, travel articles, regional and local group news, a letters column and updates to the handbook. Publication ceased after the February 1972 issue (volume 39, no. 7, priced at five new pence, and reduced to bi-monthly appearance following December 1970), when an editorial explained that the magazine was to be "transmogrified". The successor to The Youth Hosteller, Hostelling News ran from spring 1972 until summer 1985 (issue no. 54). A quarterly newspaper-style publication, free to members, it followed in much the same vein as its predecessors.
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Victoria threepence 1899 During the reign of Queen Victoria, threepences were produced both for Maundy use and for normal circulation in all years between 1838 and 1901 except 1847, 1848, and 1852 (perhaps because of the proposal for a decimal currency at the time (see florin); the 3d at pound would not have fitted within a decimal system). Currency silver threepences from 1838 to 1926 were of identical design and cannot usually be distinguished except in the best conditions when the higher striking standard of the Maundy coins stands out; when the currency was decimalised in 1971, all silver threepences from 1870 onwards were revalued at three new pence, not just the Maundy coins. Threepences were produced both with the "young head" (1838–87) and with the "Jubilee head" (1887–93), inscribed , while those produced with the "old head" (1893–1901) are inscribed .
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When the Goodies attend an art auction at Sotheby's, Tim is interested in a Renoir painting, while Bill is interested in the Monarch of the Glen painting. Tim is horrified to find that a portrait painting is being bid for by Americans, who are all willing to bid huge amounts of money for art treasures, so Tim rushes in to save the priceless work of art for Britain saying: "But they're not art lovers, they're Americans!" Turning to the Americans, he says: "Too many times you've taken too much from us -- London Bridge, the "Queen Mary", Julie Andrews and David Frost -- and we're grateful." Tim ends up bidding the enormous amount of: : one million billion quintillion zillion pounds and two and a half new pence for the painting, and the painting is sold to him, much to the horror of Bill and Graeme.
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Reverse: 1982–2008 The original reverse of the coin, designed by Christopher Ironside, and used from 1971 to 2008, is the Badge of the Prince of Wales: a plume of ostrich feathers within a coronet, above the German motto ("I serve"). The numeral "2" is written below the badge, and either (1971-1981) or (from 1982) is written above. However, a small number of 1983 "New Pence" coins exist. These coins are rather rare, and are considered collectors' items. It was originally planned that an alternative version of the 2p would be minted with a design representing Northern Ireland."50 New Penny Piece", Hansard, 20 December 1968 These plans never came to fruition, however. The design was also re-cut in 1993 producing two minor varieties for that year. To date, five different obverses have been used: four different portraits and the removal of the beaded border in 2008. In all cases, the inscription is , where 2013 is replaced by the year of minting.
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Victoria threepence 1899 During the reign of Queen Victoria, threepences were produced both for maundy use and for normal circulation in all years between 1838 and 1901 except 1847, 1848, and 1852 (probably because of the possible advent of a decimal currency at the time (see florin), when the 3d at 1/80 of a pound would not have fitted within a decimal system). Currency silver threepences from 1838 to 1926 were of identical design and cannot usually be distinguished except in the best conditions when the higher striking standard of the maundy coins stand out; this resulted in the curious legal anomaly that when the currency was decimalised in 1971 all silver threepences from 1870 onwards were revalued at three new pence, not just the maundy coins. Threepences were produced with both the "young head" (1838–1887) and "Jubilee head" (1887–1893), inscribed , while those produced with the "old head" (1893–1901) are inscribed .
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Dimmock served with the British Army during the First World War and was wounded. On his return from military service he became the editor of the magazine The Scout, a position he would hold for 35 years. During his time with the magazine, Dimmock initiated a number of ventures to promote both the magazine and Scouting in general like running a daily Scout newspaper at the 3rd World Scout Jamboree, persuading Ralph Reader to produce his Gang Shows in a West End theatre, organising Scout "Train Cruises" around the United Kingdom, introducing the soap box derby from America, and devising "Bob-a-Job Week", an annual fundraising campaign in which Scouts did small jobs in the community in return for a donation of a shilling or "bob" (equal to 5 new pence). In 1940, publication of The Scout was taken over by the Boy Scouts Association and Dimmock became a member of the Imperial Headquarters staff.
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Cohen p. 37 After years of trial schemes, the Senior Scout Section was officially launched in 1946, allowing Boy Scouts aged fifteen to eighteen years to form separate patrols or troops, with age appropriate activities and badges. Scouts were prominent in their support of the 1948 Summer Olympics, playing leading roles in the open and closing ceremonies at Wembley Stadium and the sailing events at Torbay.Cohen p. 39 The first Bob a Job Week took place in April 1949, in which Scouts did small tasks for the public in return for a "bob" (5 new pence) to raise funds for the association and for C. Arthur Pearson's fund for the blind. In the early 1950s, a handful of Boy Scouts were dismissed or marginalized in their Scout Groups due to their involvement with the Young Communist League or related communist activities - the most high- profile case being that of Paul Garland from Bristol in 1954 which resulted in a media frenzy and debate in the House of Lords, where following a robust defence of the association's position by Lord Rowallan,Moynihan p. 178 the matter was withdrawn without a division.
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Until decimalisation, amounts were stated in pounds, shillings, and pence, with various widely understood notations. The same amount could be stated as 32s 6d, 32/6, £1 12s 6d, or £1/12/6. It was customary to specify some prices (for example professional fees and auction prices for works of art) in guineas (one guinea was 21 shillings) although guinea coins were no longer in use. Formal parliamentary proposals to decimalise sterling were first made in 1824 when Sir John Wrottesley, MP for Staffordshire, asked in the British House of Commons whether consideration had been given to decimalising the currency.Hansard Parliamentary Papers, HC Deb, 25 February 1824, vol 10, cc445–49 Wrottesley raised the issue in the House of Commons again in 1833,Hansard Parliamentary Papers, HC Deb, 10 August 1833, vol 20, cc482–502 and it was again raised by John Bowring, MP for Kilmarnock Burghs, in 1847Hansard Parliamentary Papers, HC Deb, 27 April 1847, vol 92, cc13–23 whose efforts led to the introduction in 1848 of what was in effect the first decimal coin in the United Kingdom, the florin, valued at one-tenth of a pound sterling. However, full decimalisation was resisted, although the florin coin, re-designated as ten new pence, survived the transfer to a full decimal system in 1971, with examples surviving in British coinage until 1993.
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