Page:Modern Hyderabad (Deccan).djvu/154

142 as the rupee for Hyderabad and fixed the official rate of exchange between it and the British Government rupee at Rs. 16-14-6.

In 1894 a rupee with a milled edge was manufactured by machinery and at that time the Char Minar pattern of rupee was introduced, and with this pattern the present currency of the State is minted.

In 1905, Sir George Casson Walker moved the State Mint to Saifabad, and brought out from England up-to-date machinery for it, some of which has lately been used to open up an Electricity Department. Ever since 1905, silver and copper coins have been minted, and the silver and copper coinage for 1321 Fasli (1911-1912 A.D.) was as follows : —

Rupees. . . . 72,39,461

Eight anna silver coins. . 2

Four anna "    "    .. 2

Two anna  "    "   .. 2

Half anna copper coins. . 9,53,002

Two pie   „     „      2,59,88,200

One pie   „     "         2

Gold coins are now used only for presentation purposes. And there is in the State no paper money. Salaries and wages are paid in O. S. rupees, and the consequences of this sort of payment are sometimes