Decimal numeration and decimal coinage

The Report of the Select Committee of the House of Commons on the subject of “Decimal Coinage,” of 1st August 1853, sets entirely at rest any doubt or question as to the great advantages and facilities which would be afforded by the adoption of a system of decimal numeration and decimal coinage. That the change will accordingly be made, I feel confident; and as the basis of the new arrangement, as well as the method of carrying it out, are of vast importance to the public at large, and in business generally, I have considered it a fit subject of deliberation for this Institute. It may be said that we should have taken an earlier and more prominent part in originating and promoting a change of system, of the importance of which we had individually, I may safely assume, been long convinced; but I am inclined to think that we have wisely reserved our opinions, and that they will be more valuable in the present stage of the discussion (now that the Report of the Select Committee, and the evidence taken before them, has been published), than they would have been earlier in the day.