Nomisma: Or, "Legal Tender." |
Other editions - View all
Common terms and phrases
00 Half calf 15 of silver American Bank of France bank-notes barter bi-metalism bi-metallic money bi-metallic system BOGY bonds bullion cent CHAIRMAN circulation coin silver coinage of silver commercial common money cost of production debt demonetization of silver edition England English Europe everywhere EVOLUTION PHILOSOPHY exchange export favor fixed fractional currency French Germany gold and silver gold coins gold dollar gold mono-metalism gold or silver gold sovereigns Government greenbacks HENRI CERNUSCHI Illustrations India issue Latin Union legal tender legislation loan London ment merchandise metallic money miners mines mints monetary mono-metalists mono-metallic nations ounce paper-money pounds sterling precious metals price of silver production of gold production of silver Prof purchasing-power quantity ratio 16 relative value resume specie payments resumption rupees silver coins silver dollar silver money sterling suppose tender in full thalers tion trade-dollar United value of gold value of silver
Popular passages
Page 73 - And on and after the first day of January, Anno Domini eighteen hundred and seventy-nine, the Secretary of the Treasury shall redeem, in coin, the United States legal-tender notes then outstanding on their presentation for redemption, at the office of the assistant treasurer of the United States in the city of New York, in sums of not less than fifty dollars.
Page 27 - And to compass this last, there seems nothing more requisite than to take off about 10J. or 12d. from the guinea ; so that gold may bear the same proportion to the silver money in England which it ought to do by the course of trade and exchange in Europe. But if only 6d. were taken off at present, it would diminish the temptation to export or melt down the silver coin. And, by the effects, would show hereafter better than can appear at present, what further reduction would be most convenient for...