The Iowa Homemaker

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King John of England in 1216 A. D. called into court the Easterlings, who were traders of the Hanseatic cities of Flanders and the Lowlands, because of the reputation that had been earned by their silver tokens of exchange,-assigned to them the task of reforming the English coinage. Thus the name "sterling" remains a lasting tribute to the commercial integrity of the Easterlings.



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