单词 | demonetization |
例句 | Older Myanmar residents are especially sensitive to changes affecting the currency, recalling the sudden demonetization of banknotes in 1987 during an earlier dictatorship, which reportedly affected around 80% of the money in circulation. Myanmar Central Bank will issue its highest denomination banknote as the economy suffers 2023-07-23T04:00:00Z After that sudden demonetization, A.T.M.s were overrun, and some retail businesses came to a standstill because customers were hoarding the little cash they had. India Is Scrapping Its Largest Bill. The Race Is On to Spend It. 2023-05-31T04:00:00Z But the way demonetization — withdrawing notes from circulation — has been carried out has left Nigerians struggling to pay for food and supplies. Africa’s largest economy is running out of cash. Here’s why. 2023-03-02T05:00:00Z A lot of it comes down to the algorithm itself, the functions around demonetization, content restriction, or content ID. The videos that don’t work on YouTube and the future of the creator business with Nebula CEO Dave Wiskus 2022-05-17T04:00:00Z The company has used demonetization to both punish risky creators and to keep advertisers happy to avoid an “adpocalypse.” Fringe YouTubers are profiting off-platform 2022-03-22T04:00:00Z It wrote to Google protesting the demonetization of RT and Sputnik. The internet is a force multiplier for Ukraine 2022-03-01T05:00:00Z It claims Alphabet has “significant undisclosed information” concerning how it developed and reviewed its moderation and demonetization rules, as well as details about how it developed policies around false election claims. Congress subpoenas Meta, Alphabet, Twitter, and Reddit over January 6th Capitol attack 2022-01-13T05:00:00Z “India’s strategy of rapid demonetization has obviously fallen short, because it was unnecessarily abrupt and secretive,” wrote Jeffrey Frankel, an economics professor at Harvard’s Kennedy School at the time. Africa’s largest economy is running out of cash. Here’s why. 2023-03-02T05:00:00Z Part of the reason for the Indian market’s rapid ascent can be traced to 2016 and a policy of demonetization. Stocks Soar in India, Luring Investors at Home and Abroad 2021-11-11T05:00:00Z And I watched on the sidelines, the whole demonetization due to cursing, and then I watched the child-friendly ad things, child videos. The quirks and features of YouTube car reviews with Doug DeMuro 2021-08-24T04:00:00Z YouTube now says that Charles has violated its “creator responsibility policy,” resulting in the temporary demonetization of his channel. YouTube halts ads on James Charles videos over messages with minors 2021-04-19T04:00:00Z Google did not immediately respond when asked if it would suspend ads and membership sales on the channels, a penalty commonly known as “demonetization.” YouTube channels making money from ads, memberships amplify Trump voting fraud claims 2020-11-06T05:00:00Z India’s economic pain dates to the demonetization of the nation’s currency in 2016 and a hasty rollout of a goods and services tax the next year. India now 2nd worst-hit country by virus amid economic pain 2020-09-07T04:00:00Z “We apply additional system wide penalties for multiple false ratings, including demonetization and the inability to advertise, unless we determine that one or more of those ratings does not warrant additional consequences.” Facebook reportedly removed strikes from conservative pages after executive intervened 2020-08-06T04:00:00Z One of the most thrown around terms within the YouTube community is “demonetization.” YouTube is experimenting with letting creators sell ads directly to brands 2020-02-27T05:00:00Z The slowdown follows several major shocks brought on by Modi’s government, including a massive demonetization meant to counter widespread tax evasion and corruption and the introduction of a goods and services tax. Onion crisis raises a stink for India’s Prime Minister Modi 2019-12-18T05:00:00Z Two painful periods of demonetization — both following critical but necessary attention on the actions of popular creators Kjellberg and Logan Paul — fragmented the relationship between personalities and the company. YouTube is growing up, and creators are frustrated by growing pains 2019-12-16T05:00:00Z Many economists believe the economy was weakened by the currency demonetization in 2016 and a hasty rollout of a goods and services tax. Former Indian finance minister protests economic policies 2019-12-04T05:00:00Z YouTube is experimenting with placing advertisements for more mature audiences on edgier YouTube videos in an effort to address demonetization woes. YouTube is working to bring advertising to edgier content as demonetization woes grow 2019-11-21T05:00:00Z The demonetization got rid of old 500 and 1,000 rupee banknotes and Modi said that would boost the country’s digital economy, unearth unaccounted wealth and reduce the use of cash. Love of cash hinders India's move to digital economy 2019-11-13T05:00:00Z “It’s simply the result of the probabilistic nature of the machine learning classifiers used by the demonetization bot,” Sealow’s report adds. YouTube moderation bots punish videos tagged as "gay" or "lesbian," study finds 2019-09-30T04:00:00Z The last couple of years have seen YouTubers contending with a number of issues — most notably, demonetization problems, which limited their ability to run ads and make money. Checkmarks mean more to YouTube creators than validation, and removing them has consequences 2019-09-20T04:00:00Z Instead of improving government finances as intended, the GST and demonetization undermined India’s financial stability, economists say. India cuts corporate taxes to counter slowing growth 2019-09-20T04:00:00Z Finally, YouTube once more clarified that Crowder’s demonetization was the result of a “pattern” of behavior and not just about the T-shirt. YouTube’s arbitrary standards: Stars keep making money even after breaking the rules 2019-08-09T04:00:00Z The “doxing” definition spelled publicly as “publically,” and “demonetization” — a noun — was misidentified as a verb. Trump to invite social media companies to White House to discuss ‘free speech’ online 2019-07-11T04:00:00Z YouTube’s systems for automated demonetization are based on many signals, but there is no specific list that’s built into the company’s machine learning system, according to the company. YouTube moderation bots punish videos tagged as "gay" or "lesbian," study finds 2019-09-30T04:00:00Z But Crowder’s response to the situation shows that demonetization is not the same as moderation, especially for the biggest creators on the platform. YouTube looks to demonetization as punishment for major creators, but it doesn’t work 2019-06-25T04:00:00Z In its 2017-2018 financial statement Patanjali complained that demonetization “affected consumers’ spending habits,” while the sales tax hit “costing and pricings of inputs and products”. Dash for growth at company founded by Indian yoga guru leads to... 2019-06-11T04:00:00Z But Crowder's demonetization, in turn, prompted conservatives to renew charges of large-scale censorship and hypocrisy against the big tech giant. YouTube ends monetization of conservative commentator Steven Crowder's channel after left-wing outrage 2019-06-05T04:00:00Z Often, demonetization means content from the channel won’t be recommended either. YouTube revokes ads from Steven Crowder’s channel after mounting pressure 2019-06-05T04:00:00Z Not only did Modi fail to deliver on those promises; he weathered the fallout from his own disastrous demonetization scheme, and he finds himself in office with an ever greater mandate. An Indian Political Theorist on the Triumph of Narendra Modi’s Hindu Nationalism 2019-05-24T04:00:00Z In the first month after demonetization, some business surveys showed that sales of products such as shampoos and soap fell more than 20 percent. Modi’s jobs deficit: J&J’s largest India plant idle three years... 2019-05-19T04:00:00Z The so-called demonetization program was meant to curb the black market and shift the economy from cash. Modi Cut India’s Red Tape. Now He Hopes to Win Votes for His Work. 2019-05-14T04:00:00Z But he slammed its move to invalidate most of India’s bank notes in 2016, a radical step known as “demonetization.” In the world’s biggest election, India’s Narendra Modi pushes fear over hope 2019-04-10T04:00:00Z According to the Centre for Monitoring the Indian Economy, employment contracted in the year following demonetization by 3.5 million jobs. Jobs, caste and giveaways: Indian voters go to the polls 2019-04-09T04:00:00Z The last time Modi suddenly addressed the nation was in November 2016 when he announced the ban on 500- and 1000-rupee notes called demonetization, and plunged the country’s monetary system into chaos for months., India shoots down satellite in test of space defense, Modi announces 2019-03-27T04:00:00Z GST and demonetization were two key reasons the plan didn’t kick off, one of the sources said, adding that lack of consumer demand since then dented company’s plans. Modi’s jobs deficit: J&J’s largest India plant idle three years... 2019-05-19T04:00:00Z YouTubers are almost constantly expressing frustration at the company’s demonetization methods, copyright system, and other moderation and algorithmic recommendation tools that some say threaten their livelihoods. Man arrested for showing up at YouTube and threatening violence over deleted account 2019-03-12T04:00:00Z Even Dawson was prepared to face major demonetization woes. YouTube’s reviewing mistake could cost Shane Dawson thousands of dollars 2019-01-31T05:00:00Z They were staring down the first wave of demonetization — an ongoing issue that pitted creators against the platform where a growing number of people were able to sustain themselves full time. YouTube Rewind 2018 is officially the most disliked video on YouTube 2018-12-13T05:00:00Z Another goal of demonetization was to move Indians away from cash. Modi’s Cash Crackdown Failed, Indian Bank Data Shows 2018-08-30T04:00:00Z But the move, widely known as demonetization, badly hurt India’s cash-dependent economy and caused tremendous hardship to people forced to line up outside banks before the notes ceased to be legal tender. Indian opposition raps Modi over 'failed' ban on high-value notes 2018-08-30T04:00:00Z “We do not have a list of LGBTQ-related words that trigger demonetization, and we are constantly evaluating our systems to ensure they are enforcing our policies without any bias,” a spokesperson said. YouTube is still restricting and demonetizing LGBT videos — and adding anti-LGBT ads to some 2018-06-04T04:00:00Z In his aforementioned “Tried, Frustrated, But Also Excited” video, DeFranco said his show “may not be able to survive” on YouTube due to demonetization and algorithm penalties. One of YouTube’s biggest creators just launched a video-based app off-platform 2018-05-09T04:00:00Z Those changes include pledging to hire more human moderators, mass demonetization and banning of accounts, and updates to its terms of service and site policies. YouTube channels are using bestiality thumbnails as clickbait 2018-04-24T04:00:00Z In the wake of demonetization, millions of Indians opened their first bank accounts. Modi’s Cash Crackdown Failed, Indian Bank Data Shows 2018-08-30T04:00:00Z “The RBI annual report proves that all his objectives failed,” said Gandhi, adding he believed the demonetization was meant to benefit a handful of Modi’s “capitalist friends”. Indian opposition raps Modi over 'failed' ban on high-value notes 2018-08-30T04:00:00Z In a follow-up video posted on June 2nd, Ross pointed out that on top of demonetization and age-restriction, some of his video were also being tagged with anti-LGBT advertisements. YouTube is still restricting and demonetizing LGBT videos — and adding anti-LGBT ads to some 2018-06-04T04:00:00Z After a popular video blogger who posts about news, Philip DeFranco, saw his videos demonetized, he called demonetization “censorship with a different name.” YouTube Attacker’s Complaints Echoed Fight Over Ad Dollars 2018-04-04T04:00:00Z As a result of demonetization, and in tandem with Modi's 'Digital India' strategy, which aims to expand India's online infrastructure, the country now sits on a treasure trove of data. India’s Economic Woes Are Piercing Modi’s Aura of Invulnerability 2018-01-06T05:00:00Z It has promised to strengthen the review process around what videos can make money off advertising and to help small creators who have had their income hurt by waves of demonetization. 2017 was YouTube’s best year it ever. It was also its worst. 2017-12-22T05:00:00Z Even though YouTube acted quickly to fix the issue, YouTubers are still frustrated by the company’s ongoing problems with demonetization and transparency. YouTube creators are frustrated that a bot keeps demonetizing their videos 2017-11-14T05:00:00Z But former Prime Minister Manmohan Singh of the opposition Congress party called the move “reckless” and said that, while India needed to tackle tax evasion and fraud, “demonetization was clearly not the solution.” India lauds last year’s rupee swap, even as economy slows 2017-11-08T05:00:00Z She said demonetization hurt India’s vast informal sector, which dealt primarily in cash, and was unmonitored and untaxed by the government. ‘I’ve never had a year so bad’: How Modi’s big economic changes have hit India’s small businesses 2017-10-19T04:00:00Z "There are also long-term benefits from demonetization in terms of increasing income tax payments going forward and encouraging the use of digital payments over cash, a means of encouraging better tax compliance among businesses," India’s Economic Woes Are Piercing Modi’s Aura of Invulnerability 2018-01-06T05:00:00Z Post demonetization, the reports from data mining astonishingly revealed that there are 3 lakh shell companies dealing in Hawala transactions. Read the Full Transcript of Indian Prime Minister Narendra Modi's Independence Day Speech 2017-08-15T04:00:00Z Soon after, YouTube announced it was releasing a “performance improvement update” that it claimed would result in 30 percent fewer videos being flagged for demonetization. YouTube creators are frustrated that a bot keeps demonetizing their videos 2017-11-14T05:00:00Z However, despite the surge in mobile payments after demonetization, cash in India remains resilient. Cash Is Falling Out of Fashion--Will It Disappear Forever? 2017-06-26T04:00:00Z A fuel glut in China, a hangover from demonetization in India, and an aging, declining population in Japan are holding back crude oil demand growth in three of the world's top four oil buyers. Oil little changed after three-day gain, supply glut weighs 2017-06-26T04:00:00Z However, it added that "demand should recover somewhat soon as some negative factors, such as the demonetization in India or the sharp recessions in Brazil and Russia, are receding". Oil prices edge up in anticipation of extended crude output cut 2017-05-08T04:00:00Z When demonetization was announced, the world was surprised. Read the Full Transcript of Indian Prime Minister Narendra Modi's Independence Day Speech 2017-08-15T04:00:00Z But the iPhone X demonetization error happened after this performance update, and there will likely be similar bugs in the future. YouTube creators are frustrated that a bot keeps demonetizing their videos 2017-11-14T05:00:00Z In March, five months after demonetization, cash withdrawals were actually 0.6 percent higher than a year earlier. Cash Is Falling Out of Fashion--Will It Disappear Forever? 2017-06-26T04:00:00Z Its founder, the burly, bespectacled Sharma, emerged as the undisputed “king of demonetization.” India’s ‘cashless billionaire’: Currency crisis spawns an unlikely magnate 2017-02-09T05:00:00Z Moody’s, meanwhile, has criticized Modi’s demonetization strategy to remove 500 and 1,000 rupee notes, which composed more than 85 percent of the nation’s legal tender, out of the currency market altogether. Editorials from around New England 2017-01-06T05:00:00Z In late November, Finance Minister Arun Jaitley announced a 50 percent income tax on funds uncovered in black markets after demonetization. India’s rupee demonetization policy creates cash crunch 2017-01-04T05:00:00Z He said income tax revenue rose 14.4% up to Dec. 19, though he didn’t specify if he meant for the fiscal year or thus far in the demonetization program. Is India’s War on Cash Paying Off? 2017-01-04T05:00:00Z Modi called India’s massive demonetization drive, which withdrew 86 percent of the country’s currency bills from the system, “a historic purification ritual” to cleanse the system of tax evasion and corruption. World Digest: Dec. 31, 2016 2016-12-31T05:00:00Z The morning after demonetization, he took the audacious step of running newspaper ads with the prime minister’s picture, congratulating him for “taking the boldest decision in the financial history of independent India.” India’s ‘cashless billionaire’: Currency crisis spawns an unlikely magnate 2017-02-09T05:00:00Z Despite those problems, Prime Minister Narendra Modi said his Nov. 8 demonetization decree succeeded in uncovering tax evasion and cracking down on graft. Business Highlights 2016-12-30T05:00:00Z ADB said in a report Tuesday that India’s surprise demonetization of large banknotes will likely dampen growth this year to 7 percent from a previous forecast of 7.4 percent. ADB trims growth forecast for Asia due to slowdown in India 2016-12-12T05:00:00Z Many thought with the economy choking on Prime Minister Narendra Modi’s surprise demonetization launched last month, a rate cut was assured. India’s Central Bank Can’t Cut It 2016-12-07T05:00:00Z On Tuesday, Modi lambasted critics of the demonetization drive by saying they want graft to continue. Indian bureaucrat with 'black money' stash: Bribes not taboo 2016-11-23T05:00:00Z The government used a similar demonetization in the late 1970s. The effects of India's currency reform? 2016-11-17T05:00:00Z And with an important state election just months away, he is again campaigning to justify the demonetization drive. India to use indelible ink to ensure people change cash only once 2016-11-15T05:00:00Z If a smaller round of demonetization in 1978 is any guide, much of that money will flow into government bonds. India’s Black-Money Experiment Shines Bright for Bonds 2016-11-14T05:00:00Z Morgan Stanley hailed the demonetization as a “bold move to curb black money” and bring millions more Indians into the tax regime. India industry say shock currency swap painful but necessary 2016-11-09T05:00:00Z Modi, in his Nov. 8 televised address, announced the demonetization of India’s 500- and 1,000-rupee notes, which made up 86 percent of the country’s currency. Indian bureaucrat with 'black money' stash: Bribes not taboo 2016-11-23T05:00:00Z Hanke was surprised that India would even try a demonetization program, given that its failure in the 1970s is well-known in currency policy circles. The effects of India's currency reform? 2016-11-17T05:00:00Z The process of demonetization is being completed this summer. Cecil the Lion and Robert Mugabe 2015-08-03T04:00:00Z They propose a powerful demonetization strategy: a swiftly updated financial blacklist of institutions for which Western banks will refuse to settle a small subset of transactions. Spam: A Shadow History of the Internet [Excerpt, Part 4] 2013-06-21T17:15:01.653Z In a debate in the French Senate on January 28, 1870, Senator Dumas eloquently pleaded for caution in dealing with a subject of such farreaching importance as the demonetization of one of the money metals. Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 2012-02-29T03:00:21.727Z And to show you the frightful results of that demonetization, that government does not own now above one-third of the globe, and all the winds are busy floating her flags. The Works of Robert G. Ingersoll, Vol. 8 (of 12) Dresden Edition?Political 2012-02-11T03:03:48.503Z An Act went into effect on February 12, 1873, the provisions of which, it was afterwards argued, caused the "demonetization" of silver. A History of the Republican Party 2011-10-14T02:00:29.980Z He's our greatest authority on the demonetization of wampum. The Main Chance 2011-08-26T02:00:27.127Z They propose a powerful demonetization strategy: a swiftly updated financial blacklist of institutions for which Western banks will refuse to settle a small subset of transactions. Spam: A Shadow History of the Internet [Excerpt, Part 4] 2013-06-21T17:15:01.653Z The motive for the demonetization of silver was precisely the same that had previously inspired the demonetization of gold. Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 2012-02-29T03:00:21.727Z Then they say another thing, and that is that the demonetization of silver is responsible for all the hardships we have endured, for all the bankruptcy, for all the panics. The Works of Robert G. Ingersoll, Vol. 8 (of 12) Dresden Edition?Political 2012-02-11T03:03:48.503Z This demonetization had already occurred in 1853, when nothing was said in the Act of that year as to the silver dollar piece which had for some years entirely disappeared from circulation. A History of the Republican Party 2011-10-14T02:00:29.980Z The demonetization of silver, moreover, was accompanied and followed by a great increase in silver production. The Value of Money 2011-01-04T03:01:12.363Z Then came the demonetization of silver in India and the falling rupee, followed by distress amounting almost to the dissolution of society. The Outlook: Uncle Sam's Place and Prospects in International Politics 2010-12-30T03:00:21Z When demonetization was determined on there was no pretense that there was any difficulty in maintaining a parity between the two metals at the established ratio. Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 2012-02-29T03:00:21.727Z It is the fact of monetization for one of the metals, and demonetization for the other. The Arena Volume 18, No. 93, August, 1897 The debasement and underrating of the silver coinage insensibly brought about the demonetization of silver in England as a standard of value and the substitution of gold. Encyclopaedia Britannica, 11th Edition, Volume 8, Slice 2 "Demijohn" to "Destructor" The demonetization of silver has, of course, not entirely displaced silver from the monetary employment. The Value of Money 2011-01-04T03:01:12.363Z This is what is known as the “demonetization” of silver. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy Her income and creditor classes are daily in receipt of an unearned increment to their wealth by reason of that demonetization. Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 2012-02-29T03:00:21.727Z The demonetization of silver became a crime, and justice from the Western standpoint demanded the restoration of the dollar to its old value,—the value of its silver. The New Nation Economists, statesmen, and politicians had told them that, as their trouble had come largely from the demonetization of silver, their relief lay in bimetallism. Historical Essays It has been quite common, during recent discussion about silver, to attribute the alleged demonetization of that metal to the action of the Paris monetary conference. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. The usual causes assigned for that serious fall in value were the greatly increased production from the mines of Nevada; the demonetization of silver by Germany; and the decreased demand for export to India. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy But what shall be said in defense of the demonetization of silver by the United States? Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 2012-02-29T03:00:21.727Z In a letter to Mr. Hooper, which is still in existence, and which is printed in the Congressional Record, Seyd condemned the demonetization of the silver dollar. Reminiscences of Sixty Years in Public Affairs, Vol. 2 The Silver Queen didn't amount to much and when demonetization set in, I quit—you 'll remember, Sheriff—and went away. The Cross-Cut The next 'conspiracy' complained of is the alleged demonetization of silver. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. These direct effects of the demonetization of silver down to 1876 did not of themselves, produce any appreciable effect upon its price, as undoubtedly its very low price in 1876 was greatly due to panic. The Bay State Monthly, Volume 3, No. 2 Instead, therefore, of our demonetization unjustly enriching our creditor-classes at the expense of foreigners, it enabled the creditors at home here to rob and despoil the debtors among their own countrymen. Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 2012-02-29T03:00:21.727Z And is not the inference justified that the profits have been large and tempting, notwithstanding the demonetization of silver in some countries and the suspension of coinage in other countries? Reminiscences of Sixty Years in Public Affairs, Vol. 2 The House or the Senate, I 've forgotten which, had passed the demonetization bill. The Cross-Cut But suppose there had been a general demonetization of gold instead of silver, how would the ratio have stood then? If Not Silver, What? The demonetization of silver, which has taken place in various countries. The Bay State Monthly, Volume 3, No. 2 If it be conceivable that the demonetization of either metal were necessary, why demonetize that which promises the greater and more steady yield? Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 2012-02-29T03:00:21.727Z These—within the limits of a statement—are the reasons for the demonetization of the silver dollar and the adoption of the single gold standard. Reminiscences of Sixty Years in Public Affairs, Vol. 2 If our demonetization were the only cause for the decline in the value of silver, then remonetization would be its proper and effectual cure. American Eloquence, Volume 4 Studies In American Political History (1897) The history of gold demonetization is full of instruction and is here given in detail. If Not Silver, What? What is meant by the word "demonetization"? b. A Short History of the United States Among all the explanations that have been made to account for that demonetization by a Congress of the United States, I have never heard any reason advanced which constituted a justification for it. Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 2012-02-29T03:00:21.727Z The demonetization of groceries is doing as much toward the general wiggly palsy of trade as anything I know of. Remarks This dropping of the silver dollar from the list of coins, or ceasing to coin it, was called the "demonetization of silver." A Brief History of the United States None whatever; in fact, something of the same sort was heard in Europe at the time of the demonetization of gold. If Not Silver, What? Among the six hundred young men whom they put forth every year there are exceptions,—men who resist what may be called their demonetization. The Village Rector What really placed us alongside such barbarous countries as India was the demonetization of silver. Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 2012-02-29T03:00:21.727Z It was well understood at the time by those who had given consideration to the subject that demonetization alone would effect that result. Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 2012-02-29T03:00:21.727Z As I have shown by the figures heretofore cited, gold has risen in value between 30 and 40 per cent. since the demonetization of silver. Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 2012-02-29T03:00:21.727Z And with this the people began to get at the true reason—the general demonetization by so many nations. If Not Silver, What? Indeed, the Secretary of the Treasury who took charge of the finances at the opening of the last Administration, himself a banker, recommended the demonetization of the greenbacks almost as vigorously as he opposed silver. Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 2012-02-29T03:00:21.727Z This was equivalent to buying wheat at 30 per cent. below the price theretofore paid for it, and thus the farmers of the United States were by demonetization placed "alongside" the barbarous people of India. Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 2012-02-29T03:00:21.727Z The financial managers threw gold out of use and then urged its non-use as a reason for its demonetization. If Not Silver, What? All this we know would have taken place from what actually did take place, and this makes important the history of the demonetization of gold. If Not Silver, What? It may also be said that it led logically to the action of 1867, which was but the beginning of a general demonetization of silver. If Not Silver, What? Determined not to admit that demonetization was the cause, they have given so many explanations that, expressed in the briefest words, they would cover many pages like this. If Not Silver, What? And so it was that our cotton planters, by the demonetization of silver, were placed alongside the barbarous people of India. Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 2012-02-29T03:00:21.727Z The very year of demonetization her exports began to decline, and but once since have they reached the old figures. If Not Silver, What? Every step taken towards the further demonetization of silver must tend to the enhancement of the value of gold. If Not Silver, What? |
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