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Oppressions of the Sixteenth Century in the Islands of Orkney and Zetland

Note 3 — APPENDIX.

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About £5000 Sterling—a princely revenue in those days, when the general scarcity of coin, and poverty of kings and kingdoms had been met by a debasement of the coinage gradual and universal; but in Scotland so rapid, that the £ Scots, equivalent to the £ English in 1366, was worth only 8s. in 1468—6s. 8d. in 1540—3s. 4d. in 1568—and 1s. 8d. in 1600.

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