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Grand Portage currency
Hist.
DCHP-1 (pre-1967)
Entry from the DCHP-1 (pre-1967)
This entry may contain outdated or offensive information, terms, and examples.
a scale of currency reckoned in French livres and used by the North West Company in their inland fur trade up to 1820, originally used by the French-Canadian traders.
Quotations
1793
. . . the currency of the North west is double that of Canada which currency had its origine, I presume, from the men's wages being formerly paid in peltries and it was supposed that one liver's worth of Furs would be worth two livers to the person that took it to Montreal to be paid.
1930
Grand Portage currency was reckoned as twelve livres to the pound.
1933
Grand Portage currency was reckoned by units designated as G.P.C. Twelve of these units were equal to a pound sterling.