Note 62 — Chapter XI · FROM MONARCHY TO REPUBLIC
Reading edition
Republican Ministers of Finance have taken up this project. On the 22nd of March, 1912, Snr. Sidonio Paes introduced a Bill, proposing that all duties, excepting those on corn, rice, sugar and colonial products, should be paid in gold. The idea, however, meets with opposition in the Lisbon commercial world. Snr. Anselmo de Andrade’s project referred to payment in gold of one half of the duty only.