![]() In 1940, the Pound was pegged to the US Dollar at a rate of 1 Pound to $4.03 US Dollars and many other countries followed, by pegging their respective currencies. However, as the British economy started to decline the US Dollar grew in dominance. The countries that used the Pound became to be known as the Sterling Area and the Pound grew to be globally popular, held as a reserve currency in many central banks. The British Pound was not only used in Great Britain, but also circulated through the colonies of the British Empire. The strength of the Sterling that came with the gold standard led to a period of major economic growth in Britain until 1914. Great Britain officially adopted the gold standard in 1816, though it had been using the system since 1670. A gold standard was created, which allowed conversion between different countries' currencies and revolutionized trading and the international economy. In the early 20th century, more countries began to tie their currencies to gold. All Sterling notes were handwritten until 1855, when the bank began to print whole notes. The Bank of England, one of the first central banks in the world, was established a year later, in 1695. The first paper notes were introduced in 1694, with their legal basis being switched from silver to gold. Silver pennies were the sole coinage used in England until the shilling was introduced in 1487 and the pound, two years later, in 1489.īritish Pound Notes and the Gold Standard In 1158, the design was changed and rather than pure silver the new coins were struck from 92.5% silver and became to be known as the Sterling Pound. With its origins dating back to the year 760, the Pound Sterling was first introduced as the silver penny, which spread across the Anglo-Saxon kingdoms. The Falkland Islands, Gibraltar, and Saint Helena are all pegged at par to the GBP. The British Pound is the oldest currency still in use today, as well as one of the most commonly converted currencies. ![]() Common names for the British Pound include the Pound Sterling, Sterling, Quid, Cable, and Nicker. As the fourth most traded currency, the British Pound is the third most held reserve currency in the world. Idaho Co., ID Clearwater Co., ID Latah Co., ID Lewis Co., IDĪsotin Co., WA Garfield Co., WA Whitman Co.The United Kingdom's central bank is the Bank of England. (Libraries Linking Idaho) for Heritagequest indexed census images and more Idaho State Historical Society Digital Collections Search the entire site, or choose a specific area from the drop-down menuīiographies from "The 1903 History of Idaho" Unsigned e-mails & submissions will be ignored. If you send something that you want me to add to this site, please include your first and last name. If you find some useful or interesting information on this site, please take a moment to thank the person who contributed it! Towns are Culdesac, Lapwai, Lewiston, Peck and Spalding, and the communities are Lenore, Leland, Gifford, Myrtle, Waha, Cameron, Southwick and Sweetwater. The county is comprised of 855 square miles. The Port of Lewiston was formed in 1958 by the voters of Nez Perce County. The county seat is Lewiston, which is located on the confluence of the Snake and Clearwater Rivers. ![]() The Lewiston Station Normal School, now Lewis-Clark State College, was founded in 1893. The Nez Perce Indian Agency was established at Lapawai in 1860, and Lewiston was founded in 1861 as a trading center for the north Idaho mines. Spaulding and his wife Eliza Hart Spalding, established a mission in 1863 near the confluence of Lapawai Creek and the Clearwater River. The first missionaries to settle in Idaho, The Rev. The county is rich in the history of the Nez Perce Indians and the arrival of the first white men with Lewis and Clark in 1805. Lewiston served as the territorial capital for twenty-two months before the capital was moved to Boise. The present boundaries of Nez Perce County were set in 1911. This was one of the four original Idaho counties in 1863. Nez Perce County was previously established by the Washington Territorial Legislature in 1861. Named for the Nez Perce Indians who already occupied the area when the white settlers arrived. Nez Perce County was established Februby the Idaho Territorial Legislature with its county seat at Lewiston. My name is Natalie, and I am the volunteer coordinator for Nez Perce County. ![]() Welcome to the Nez Perce County Idaho site. Nez Perce County Idaho Genealogy NEZ PERCE COUNTY ![]()
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