Collier's New Encyclopedia

A complete general encyclopedia of 1921 — the world as it was understood just after the Great War, from Aachen to Zwingli, across twelve volumes and six thousand pages.

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Latin Union

THE, a political 1868, Spain in 1871, and subsequently Serbia and Rumania also became members. Some of the South American States also used the Latin Union coinage.

Spain alone of the countries of the union coins a gold piece not used by the others.

The unit of coinage in the Latin Union is the franc; it has different names elsewhere, as, in Italy, the lira; in Serbia, the dinar; in Spain, the peseta; but the value is always the same. system of France is also used, and the convenience of the coinage has led to its wide adoption. It is the most widely circulated coinage system in Europe, being used by about 148,000,000 people. The perfect decimal

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