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In 1868, the British military expedition to Magdala, the capital of Emperor Tewodros II of Ethiopia, under Field Marshal Robert Napier, took MTTs with them to pay local expenses.
In 1890 the Italians introduced the Tallero Eritreo, styled after the MTT, in their new colony Eritrea, also hoping to impose it on the commerce with Ethiopia. In the early 1900s Menelik II unsuccessfully attempted to mint Menilek thalers locally, with his effigy, but styled following the model of the MTT, and force their use.
The Maria Theresa thaler (MTT) is a silver bullion coin that has been used in world trade continuously since they were first minted in 1741, at that time using the then Reichsthaler standard of 9 thalers to the Vienna mark.
The MTT could also be found throughout the Arab world, especially in Saudi Arabia, Yemen, and Muscat and Oman, in Africa, especially in Ethiopia, and in India. The MTT continues to be produced by the Austrian Mint, and is available in both proof and uncirculated conditions.
Hence 20th-century references to this coin in German and Austrian sources are found under "Maria-Theresien-Taler". In 1935 Mussolini gained a 25-year concession over production of the MTT.
The spelling in English-speaking countries was not affected. The Italians blocked non-Italian banks and bullion traders from obtaining the coin and so France, Belgium, and the UK started producing the coin so as to support their economic interests in the Red Sea, Persian Gulf and East Coast of Africa.
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