[303rd-Talk] Coinage

[rex pearce]

Leroy,
>From my earliest memories of currency values, say about
1936, the exchange rate was more or less $4.03 to
£1 sterling. In fact a slang term for five shillings, one quarter of £1, was 
a dollar, and we also spoke of
half a dollar, meaning 2/6d.(two shillings and six pence.)
This remained the same until 1947 when the pound sterling was devalued and 
we started to pay for winning the war.
The American rate of pay for their armed forces was
roughly four times that of the British, meaning that an
American sergeant earned as much as an English captain.
Also higher paid were the troops of Canada and
Australia. Other countries armed forces were more on a
par with British rates, but their governments were ones in exile.
High rates of pay, and access to cigarettes, chocolate,
and nylons from the PX were of some assistance in
pursuing young ladies.
Rex.
----- Original Message ----- 
From: "Leroy Audrey" <royaudrey651 at comcast.net>
To: "303rd Bomb Group Talk Forum" <303rd-talk at 303rdBG.com>
Sent: Thursday, December 14, 2006 3:45 AM
Subject: Re: [303rd-Talk] Coinage


>I seem to recall that during our stay in England the US GI was paid in
> Pounds at the $.05 or was it 4.50? US $'s to buy one  one pound. They 
> didnot
> want the GI's with too much(more than the Brits were able to have)so I had
> most of mine sent home for deposits at the better US $ pay
> LeRoy Chirstenson
>
> ----- Original Message ----- 
> From: "Maurice Paulk" <mjpmtmanenterprises at cccusa.net>
> To: <303rd-talk at 303rdbga.com>
> Sent: Saturday, December 09, 2006 5:00 PM
> Subject: [303rd-Talk] Coinage
>
>
>> This one is aimed at Rex P. - I am using the forum to satisfy my
> curiousity.
>> Just maybe some of you have had the same thoughts as I.
>> The pound as I understand it went decimal [Is that the right word??]
>> [by 10s????]
>> Rex's Xmas card had 2 2nd stamps & 2 2p [pence?]
>> According to the exchange rate on the web -- 1 pound = $1.9564
>> In '45 I think it was worth $4.03
>> Seems to me last year at this time it was $2.75
>> Since shillings, florens & guineas are passe how is the pound divided??
>>
>> I have several 3p silver and also brass 3p.
>>
>> Thank You!
>>
>> Maurice J. Paulk
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