New Guinea’S New
Shillings
From Our Own Correspondent
Rabaul, Nov. 1.
NEW GUINEA shillings will be put into circulation in the Territory on De cember 2. After that date it will be il legal for the banks to issue any shillings other than the new coins.
The local currency has a nondescript design and is perforated in the centre with a small hole for the purpose of en abling natives to carry their wealth on a string. The size is approximately the same as the Australian shilling.
