"A great portion of the yearly revenue consisted of fines, which were paid for grants of land and confirmations of liberties and franchises of various kinds. When the receivers of the public revenue lodged the money in the Exchequer, they received a discharge for the same, called a tally. Tallies were of great and constant use [and] coeval with the... Exchequer... The word tallies is originally French—taillie, cutting. ...The sum of money which it bore was cut in notches in the wood by the cutter of the tallies, and likewise written on both sides of it by the writer of the tallies. ...[O]ne was given to the parties paying money, and the other retained at the Exchequer. It is a mistake to suppose that tallies were a means of keeping accounts. On the contrary, they were official receipts for money paid into the King's Exchequer. ...[T]hey were undoubtedly an effectual protection against forgery or fraud."