| 单词 | paper currency |
| 例句 | Familiar examples include standardized weights and measures, electrical voltages and cables, computer file formats, and paper currency. The Sense of Style 2014-09-04T00:00:00Z Lockton reached into the chest and pulled out two handfuls of paper currency. Chains 2008-01-01T00:00:00Z Imagine a true economic apocalypse, one that makes the German hyperinflation of the 1920s, with its wheelbarrows of near-worthless paper currency, look like a hiccup. How to Survive the Apocalypse 2017-09-23T04:00:00Z The alternative, as showcased by a few other Cabinet secretaries, seemed to be overexposure by way of dubious usage of private jets, undisclosed conflicts of interest and photos in front of sheets of paper currency. Ben Carson, or the tale of the disappearing Cabinet secretary 2018-02-05T05:00:00Z Colonies issued their own type of paper currency, but it wasn’t reliable to use when trading and traveling. U.S. currency has a rich history 2019-04-01T04:00:00Z Insecurity, jealousy and adoration bled over everything like the invisible ink they put on paper currency to catch bank robbers. He Had to Leave So I Could Breathe 2019-01-11T05:00:00Z As part of the deception, the Nazis allowed the creation of a Bank of Jewish Self-Administration, which issued paper currency depicting Moses holding the Ten Commandments. The Antiquarian Book Fair: From 1750s True Crime to Warhol’s Cats 2023-04-27T04:00:00Z To stimulate purchases, the government began issuing a paper currency called assignat. What the French Revolution can teach us about inflation 2023-09-18T04:00:00Z Add one more to the roster: his early work in printing colonial paper currency designed to counter a constant threat of counterfeiting. How Benjamin Franklin laid groundwork for the US dollar by foiling early counterfeiters 2023-07-17T04:00:00Z The use of paper currency was a major contributor to inflation. World History: to 1500 2023-04-19T00:00:00Z Protesters targeted facilities of some banks accused of withholding the new banknotes ahead of the Feb. 10 deadline for people to deposit their old paper currency and use the redesigned version instead. Protests over cash shortage as Nigeria banknote switch looms 2023-02-07T05:00:00Z Today, the 92-year-old Democrat’s signature appears on more U.S. paper currency than that of any other person. Historic US treasurer’s memorabilia on display in Ohio 2022-12-12T05:00:00Z Colonists relied on their own paper currency to conduct trade and, with gold and silver in short supply, they found their finances tight. U.S. History 2014-12-30T00:00:00Z Britain’s Central Bank will remove bank notes worth 14.5 billion pounds, or nearly $18 billion, from circulation by Sept. 30, as it seeks to retire its remaining paper currency in favor of polymer bills. Britain to pull $18B in bank notes as it switches from paper to polymer 2022-06-24T04:00:00Z This meant the population could not escape increasing inflation, however, as successive Yuan governments issued more paper currency to pay their bills and forced the population to obtain such money to pay their taxes. World History: to 1500 2023-04-19T00:00:00Z State banks would continue to supply the nation’s paper currency, while states and private investors would fund most transportation development. Building the American Republic, Volume 2 2018-01-18T00:00:00Z These traders also carried with them such Chinese products and inventions as printing, gunpowder, the compass, paper currency, and playing cards. World History: Patterns of Interaction 2012-01-01T00:00:00Z Congress did not create a national paper currency, and make it legal tender, until 1862. Magruder's American Government 2016-01-01T00:00:00Z Australia, which began issuing polymer bills in 1992, was the first economy to switch from paper currency. Britain to pull $18B in bank notes as it switches from paper to polymer 2022-06-24T04:00:00Z In 2016, the Indian government removed much of the paper currency in circulation to combat corruption, but the move sparked widespread turmoil in the economy and a flurry of criticism. In a reversal, India says it will tax cryptocurrency and create a ‘digital rupee’ 2022-02-01T05:00:00Z The government paid its own debts in gold and silver, but citizens relied on paper currency from 1,600 state banks of wildly differing dependability. Building the American Republic, Volume 2 2018-01-18T00:00:00Z On paper currency, the abolitionist Harriet Tubman is expected to replace Andrew Jackson on the $20 bill by 2030, according to the Treasury Department. Maya Angelou Becomes First Black Woman on a Quarter 2022-01-11T05:00:00Z Its new national notes, known as Greenbacks, had to compete with other paper currencies already in the marketplace. Magruder's American Government 2016-01-01T00:00:00Z Ms. Yellen sat for her currency signing in March, meeting with the Bureau of Engraving and Printing director, Leonard Olijar, and providing her official signature for printing on the new 2021 series of paper currency. Why Janet Yellen’s Signature Is Not on U.S. Currency 2021-12-22T05:00:00Z In 2016, he abruptly eliminated much of the paper currency in circulation in an effort to combat corruption and tax evasion — but instead sparked widespread panic and massive unemployment among India’s poorest. After scoring victory, India’s farmers see an opening to stymie Modi’s economic agenda 2021-12-03T05:00:00Z The federal mint issued some gold and silver coins but no paper currency, so legally privileged corporations issued most of the country’s cash. Building the American Republic, Volume 2 2018-01-18T00:00:00Z It’s the vehicle for it, much like cash — yet no one is blaming paper currency. Locked out of traditional financial industry, more people of color are turning to cryptocurrency 2021-12-01T05:00:00Z A year later, the government stuck to its guns after small businesses were slammed by Mr. Modi’s sudden move to scrap old paper currency. In Rare Show of Weakness, Modi Bows to India’s Farmers 2021-11-18T05:00:00Z The new note, which is laden with high-level security features and is made of longer-lasting polymer, completes the bank’s rejig of its paper currencies over the past few years. WWII codebreaker Turing honored on UK’s new 50-pound note 2021-03-25T04:00:00Z The new note, which is laden with high-level security features, completes the bank’s rejig of its stable of paper currencies over the past few years. WWII codebreaker Alan Turing honored on new UK bank note 2021-03-25T04:00:00Z Federal Reserve, there is currently no federal law mandating that businesses or individuals accept paper currency or coins for payment. Bill would bar North Dakota businesses from refusing cash 2021-01-14T05:00:00Z State legislatures commanded by what was derisively referred to as the "democratical element" declared moratoria on, or cancelled, debts or issued paper currencies effectively devaluing the assets of creditors. The United States of Paranoia: Was American history a conspiracy? 2020-10-17T04:00:00Z “People use this for rope, paper currency, even clothes,” Shreyf said, adding: “We use it for nothing.” Lebanon's economy is going to pot — in a good way, it hopes 2020-09-29T04:00:00Z Four years ago he suddenly wiped out nearly 90 percent of India’s paper currency to tamp down corruption and encourage digital payments. Coronavirus Crisis Shatters India’s Big Dreams 2020-09-05T04:00:00Z As the G30 report describes in greater detail than previously available, China’s approach involves eventually replacing most paper currency, but not replacing banks. Will Covid make countries drop cash and adopt digital currencies? | Kenneth Rogoff 2020-08-06T04:00:00Z Lawmakers also note that there is currently no federal law mandating that businesses or individuals accept paper currency. Delaware lawmakers eye ban on cashless stores 2020-03-11T04:00:00Z A branch of China’s central bank is gathering old paper currency from areas deemed high-risk for the coronavirus and destroying the cash to prevent the contagion from spreading, reports said Sunday. Coronavirus triggers China to destroy, quarantine cash in outbreak hotspots, reports say 2020-02-17T05:00:00Z On public outings, she grandly demonstrates her benevolence by distributing crisp paper currency to small, impoverished children. Review | A soul-chilling portrait of Imelda Marcos, in the documentary ‘The Kingmaker’ 2019-12-10T05:00:00Z Bartering at the pump has taken off as hyperinflation makes Venezuela’s paper currency, the bolivar, hard to find and renders some denominations all but worthless, so that nobody will accept them. Venezuelans buy gas with cigarettes to battle inflation 2019-10-22T04:00:00Z This framework does take away the anonymity of paper currency, but many monetary authorities, including the European Central Bank, have discussed ideas for introducing anonymous low-value payments. Will Covid make countries drop cash and adopt digital currencies? | Kenneth Rogoff 2020-08-06T04:00:00Z The present moment in financial invention therefore has some similarities with the period when money in the form we currently understand it—a paper currency backed by state guarantees—was first created. The Invention of Money 2019-07-29T04:00:00Z Tubman was selected following a massive grass-roots campaign to include a woman on U.S. paper currency. Opinion | Mnuchin’s excuse for delaying the Harriet Tubman $20 bill is insulting 2019-05-23T04:00:00Z Traffic was halted on a Michigan roadway Thursday night after $30,000 in cash fell off the back of a truck and the paper currency went flying all over the road, according to reports. Driver’s $30G in cash spills on Michigan roadway, prompting call for return of the money 2019-04-27T04:00:00Z In the first game, a chemical terrorist attack spread via paper currency led to chaotic unrest in New York. Review | ‘Tom Clancy’s The Division 2’ is a fun place to visit but you won’t want to live there 2019-03-28T04:00:00Z Coins and paper currency remain the most popular ways to pay in most countries. This Legislation Could Force Stores to Take Your Cash 2019-02-20T05:00:00Z In corporate mergers, for example, we’ll often see references to “cash,” but it doesn’t refer to literal paper currency. Billionaire's support for EPA's Pruitt was 'believed to be in cash' 2018-12-07T05:00:00Z “The Grand Watermelon note is one of the rarest and most sought-after pieces of American paper currency,” said Stack’s Bowers President Brian Kendrella, in a statement. 'Holy Grail of paper money' sells at auction for $2M 2018-10-26T04:00:00Z In 1957, the motto “In God We Trust” began appearing on U.S. paper currency. Today in History 2018-10-01T04:00:00Z He also showed Smith a paper-clipped charred stack of paper currency that had faint signatures of U.S. money. As fires rage statewide, a burned out California mining town looks to rebuild 2018-08-10T04:00:00Z I just checked: Every unit of paper currency in my wallet says, “This note is legal tender for all debts, public and private.” Opinion | Going cashless is a cheap shot at consumers 2018-07-13T04:00:00Z In 2015, Russian authorities cracked down on his experiment to introduce his own paper currency—also called the kolion—into the region. Russian Farmer Alters Rural Economy With Virtual Currency, as Moscow Watches Warily 2018-04-22T04:00:00Z India’s last cash crisis was caused in November 2016, when Mr. Modi decided to suddenly void most of India’s paper currency. India’s A.T.M.s Are Running Out of Cash. Again. 2018-04-20T04:00:00Z When nothing tangible backs the value of a paper currency, that currency is only worth what people think it is worth. Russians are hoarding gold while U.S. piles up debt 2018-02-22T05:00:00Z They realize paper currency will be a novelty of the past. What to Expect from Cryptocurrency in 2018 2018-01-12T05:00:00Z Many retailers in Mexico, including e-commerce giant Amazon.com Inc., are competing for online sales in a country where shoppers are wary of credit card fraud and often earn their living in paper currency. Walmex expands Wi-Fi in Mexican stores, pushing online shopping 2017-12-07T05:00:00Z His collection featured “fractional” paper currency - bills in an amount less than a whole dollar - which was only issued from 1862 to 1876. Coin collectors show off passion for collection, history 2017-11-25T05:00:00Z Despite good reason to question the federal government’s stewardship of money, an increasing number of policymakers want to further solidify the government’s control over money by banning the use of paper currency. Government money policy might be better handled by private sector 2017-07-24T04:00:00Z A: It’s technically the Bureau of Printing and Engraving that produces the paper currency, officially known as Federal Reserve notes. The Motley Fool: Useful tips on investing 2017-07-08T04:00:00Z They're stuffed with paper currency, analog identification cards, and credit cards that are easily emulated by your phone. This smart wallet has a built-in camera for catching thieves 2017-07-05T04:00:00Z Many retailers in Mexico, including e-commerce giant Amazon.com Inc., are competing for online sales in a country where shoppers are wary of credit card fraud and often earn their living in paper currency. Walmex expands Wi-Fi in Mexican stores, pushing online shopping 2017-12-07T05:00:00Z As treasurer, Carranza will oversee the Bureau of Engraving and Printing, which produces the nation’s paper currency, and the Bureau of the Mint, which producers U.S. coins. UPS to add surcharges on packages during the holiday season 2017-06-19T04:00:00Z As Treasurer, Carranza will oversee the Bureau of Engraving and Printing, which produces the nation’s paper currency, and the Bureau of the Mint, which producers U.S. coins. Jovita Carranza sworn in as 44th US Treasurer 2017-06-19T04:00:00Z Tubman will be the first woman featured on an American paper currency since Martha Washington in the late 19th century. Lady Liberty Will Be a Black Woman on a U.S. Coin 2017-01-13T05:00:00Z Recent economic surprises in China, India and Venezuela that threatened to destabilize those countries’ paper currencies sparked an interest in the digital alternative as well. Why bitcoin just had an amazing year 2017-01-03T05:00:00Z Most immediately, tiny stores, street vendors and other operations that depend almost entirely on paper currency are feeling the squeeze as customers avoid spending small notes for fear they are growing scarce. Currency Swap Pinches India’s Cash Economy 2016-11-15T05:00:00Z Printing paper currency is hugely profitable for the federal government: The $100 bill is one of the nation’s most valuable exports. Why Doesn’t the United States (Finally) Get Rid of the Penny? 2016-10-10T04:00:00Z Sweden seems nearest to stamping out paper currency, but Denmark and Norway are trailing close behind. Imagining a Cashless World 2016-10-03T04:00:00Z Last year, some students misplaced their paper currency, so Lewandowski plans to introduce a banking system in his classroom economy this year with a few fourth-graders serving as bankers. How Teachers Are Bringing Financial Literacy Lessons to the Classroom 2016-08-24T04:00:00Z Wednesday’s sale is part of a five-day public auction of ancient world coins, U.S. coins and paper currency expected to bring $30 million, Bradley said. 2 early US 1-cent coins expected to sell for total of $1M 2016-08-09T04:00:00Z Tubman would become the first African American on U.S. paper currency. Visium asset manager found dead in apparent suicide 2016-06-21T04:00:00Z American innovations in paper currency, double-entry bookkeeping and commercial banking and finance made all the other innovations possible. Readers’ Turn: The Inventions That Mattered Most 2016-05-18T04:00:00Z Throughout sub-Saharan Africa, where only about a third of the population have bank accounts but at least sixty per cent have cell phones, mobile payments have begun to leapfrog over paper currency. Imagining a Cashless World 2016-10-03T04:00:00Z The new designs represent the most sweeping changes to the nation’s paper currency since 1929. Lew says currency design plan winning rave reviews 2016-05-03T04:00:00Z The new designs represent the most sweeping changes to the nation's paper currency since 1929. Treasury Secretary Jacob Lew says the reaction to his plan to put Harriet Tubman on the $20 bill and add civil rights and suffragette leaders to U.S. currency has been "overwhelmingly positive." 2016-05-03T04:00:00Z Finally, a woman - and indeed, a woman of color - will be honored on the front of American paper currency, and only 240 years after our nation’s founding! Editorials from around Pennsylvania 2016-04-27T04:00:00Z The society – a non-profit educational organisation founded in 1961 – bills its aims as promoting, stimulating and advancing the study and knowledge of worldwide banknotes and paper currencies. New Zealand's 'stunning' $5 bill named best banknote of the year 2016-04-26T04:00:00Z Jackson shouldn’t be on any federal coins or paper currency, components of a monetary system he deplored and tried to kill. The real reason to kick Jackson off the $20 bill 2016-04-25T04:00:00Z Harriet Tubman will be the first African-American to feature on paper currency in the US and will replace former slave owning president Andrew Jackson, though he will remain on the reverse of the note. Former slave to be face of US $20 bill - BBC News 2016-04-21T04:00:00Z Numerous groups have been campaigning to have a woman honored on the nation's paper currency, which has been an all-male domain for more than a century. US paper money is getting a historic makeover: Harriet Tubman, an African-American abolitionist born into slavery, will be the new face on the $20 bill. 2016-04-21T04:00:00Z Numerous groups have been campaigning to have a woman honored on the nation’s paper currency, which has been an all-male domain for more than a century. Historic makeover: Harriet Tubman to be face on $20 bill 2016-04-21T04:00:00Z The choice involved questions of who, on millions of pieces of paper currency, would represent the achievements of women and minorities in American history, and which historical figures to displace to make room for them. Harriet Tubman to appear on $20 bill, while Alexander Hamilton remains on $10 bill 2016-04-20T04:00:00Z This marks a big win for Woman on 20, the movement to put a woman on the face of US paper currency for the first time in nearly a century. Harriet Tubman will replace Andrew Jackson on the $20 bill 2016-04-20T04:00:00Z Speaking of money, Grassley says he doesn’t notice who’s pictured on paper currency. Grassley mulls skipping national GOP convention to campaign 2016-04-20T04:00:00Z Many who objected said the only woman on the nation’s paper currency should be featured alone on the bill, rather than sharing space with a man. Harriet Tubman chosen as new face of $20 bill, replacing Andrew Jackson 2016-04-20T04:00:00Z U.S. officials were committed to featuring a woman on American paper currency, but it was a matter of choosing the person and the denomination. The significance of Harriet Tubman on the $20 bill 2016-04-20T04:00:00Z Harriet Tubman will become the first African American woman featured on U.S. paper currency when she replaces former president Andrew Jackson on the $20 bill, Treasury Secretary Jack Lew is expected to announce on Wednesday. Harriet Tubman to replace Andrew Jackson on $20 bill; Hamilton to stay on $10 after appeal from Broadway star 2016-04-20T04:00:00Z Lew announced last summer that the government was going to incorporate a woman on the $10 bill, which would mark the first appearance of a female portrait on U.S. paper currency in 100 years. Are Andrew Jackson's days on the $20 bill numbered? 2016-04-18T04:00:00Z It began with the best of intentions: Put a woman on the front of America’s paper currency. Musical Chairs for Currency: Broadway’s ‘Hamilton’ Scrambles Plan for Woman on $10 2016-04-14T04:00:00Z Another reason for the resistance to removing Jackson she’s heard is that he is the only Democrat currently on American paper currency, although the party he fronted in no way resembles the modern one. How 'Hamilton' reignited $20 bill fight 2016-03-17T04:00:00Z China will continue to build islands while buying us off in the paper currency of climate agreements and other liberal hobbyhorses. America’s Year of Living Dangerously 2016-01-05T05:00:00Z For a niche of currency collectors, the value of paper currency goes beyond that assigned by the full faith and credit of the U.S. government. These Collectors Hunt for Dollars With ‘Fancy’ Serial Numbers 2015-12-15T05:00:00Z When Iraq needs more paper currency, the money is drawn from the country’s account at the Fed, funded largely by oil reserves, and flown to Baghdad. U.S. Cut Cash to Iraq on Iran, ISIS Fears 2015-11-03T05:00:00Z Mr. Jackson, the nation’s seventh president, led a successful campaign to kill off the nation’s central bank and stridently argued against the dangers of a paper currency. Musical Chairs for Currency: Broadway’s ‘Hamilton’ Scrambles Plan for Woman on $10 2016-04-14T04:00:00Z Police say numerous methods are used to produce counterfeit paper currency. Counterfeit bills circulating in Sheridan 2015-10-04T04:00:00Z "When a currency depreciates, hard assets tend to appreciate, because people take flight from paper currency deprecation into hard asset." BlackRock sees new opportunity in China real estate 2015-09-07T04:00:00Z Why take him off the ten, and leave Andrew Jackson, who brutalized Native American communities, defended slavery, and opposed a national paper currency, on the twenty? Keep Hamilton on the Ten. Put Tubman on the Twenty. 2015-07-14T04:00:00Z The New York Times wrote in a Fourth of July editorial that it’s a much better idea to bump Jackson, an undistinguished president who, ironically, hated the idea of paper currency. Alexander Hamilton’s descendant rankled at $10 bill change 2015-07-10T04:00:00Z But Mr. Lew, at Brookings, reiterated that the $10 note was chosen so that a woman would be on paper currency for the first time in more than a century “as soon as possible.” Treasury Sticks to Plans for a Woman on the $10 Bill, Despite Hillary Clinton's Displeasure 2015-07-08T04:00:00Z There has been lots of chatter this month about who should become the first woman on U.S. paper currency. Your Monday Briefing 2015-06-29T04:00:00Z On the other hand Andrew Jackson, whose image is on the $20 bill, was an outspoken opponent of a central bank and paper currency. Alexander Hamilton fans are upset about his demotion on $10 bill 2015-06-27T04:00:00Z It’s for that reason that our first Treasury secretary backed his paper currency with a tiny fraction of gold, when gold still carried its magical aura. Alexander Hamilton Was Robbed 2015-06-22T04:00:00Z Though the news of Alexander Hamilton’s possible ousting is unwelcome, including women on United States paper currency is a first step forward and should not be the last. Shortchanging women no longer on America’s currency 2015-06-19T04:00:00Z Some people took to social media to express elation over the decision to feature a woman on paper currency — for only the third time in U.S. history and the first in more than a century. Plan for woman on $10 bill is praised, but Andrew Hamilton has backers 2015-06-18T04:00:00Z But more significantly, Ortiz Howard and Ades Stone felt that of all the faces on paper currency, Andrew Jackson’s was the one whose made the most sense to replace. A Woman Will Appear On The $10 Bill, But Treasury Decision Is A Lukewarm Victory 2015-06-18T04:00:00Z Jackson also distrusted paper currency, and as President took steps that undermined its value. Here's Why Andrew Jackson Stays and Alexander Hamilton Goes 2015-06-18T04:00:00Z “It’s been our goal from the beginning to see the face of a woman on our paper currency,” Susan Ades Stone, the group’s executive director, said in a phone interview. A woman will appear on redesigned $10 bill in 2020 2015-06-17T04:00:00Z For the first time in more than 120 years, a woman is set to appear on US paper currency. US Treasury says a woman will appear on $10 bills in 2020 2015-06-17T04:00:00Z For the first time in more than a century, U.S. paper currency will feature the face of a woman. Redesigned $10 U.S. bill to feature a woman, democracy 2015-06-17T04:00:00Z The Women on 20s campaign “aims to compel historic change by convincing President Obama that now is the time to put a woman’s face on our paper currency.” Voters pick Harriet Tubman to replace Andrew Jackson on the $20 bill 2015-05-13T04:00:00Z The group also said Jackson was an "ironic" choice for immortalization on the $20 bill given his opposition to paper currency. Harriet Tubman wins poll to replace Andrew Jackson on $20 bill 2015-05-12T04:00:00Z Banknotes are a hobby for Rogers, who is a member of the International Bank Note Society, a nonprofit organization that promotes the study and knowledge of banknotes and paper currencies worldwide. Writer proposes local currency named after city’s namesake 2015-05-04T04:00:00Z Secretary of the Treasury Jack Lew said the timing was "a happy coincidence," with the government body usually redesigning paper currency every seven to ten years to restrict forgeries. US Treasury says a woman will appear on $10 bills in 2020 2015-06-17T04:00:00Z “Our paper currency is an important part of our everyday lives and reflects our values, traditions and history as Americans,” Shaheen said in a statement. Should a woman replace Andrew Jackson on the $20 bill? 2015-04-17T04:00:00Z Whose mug would you like to see on the $20 bill? Voters in an online poll picked abolitionist Harriet Tubman to replace Andrew Jackson as the face of the paper currency. Voters pick Harriet Tubman to replace Andrew Jackson on the $20 bill 2015-05-13T04:00:00Z No woman has appeared on U.S. paper currency since Martha Washington, the nation's first lady, graced the $1 Silver Certificate for a few years in the 19th century. Show us (on) the money: Campaign promotes a female face on U.S. currency 2015-04-14T04:00:00Z We now turn to a second drawback to paper currency. The Ludicrous Idea Of Trying To Abolish Cash 2015-03-25T04:00:00Z “Women on 20s” picked Jackson to depose mainly because of his horrific history with Native Americans, although there’s also the rather blissful note that Jackson disapproved of paper currency. A woman’s place is on the $20 bill 2015-03-23T04:00:00Z Louis XV found that his paper currency became oversupplied, i.e., inflation took over and people demanded real coins that were made of gold and silver. A Few Words About Bitcoin... Because Fiat Is Not Just A Car 2015-03-08T05:00:00Z A true monetary economy must therefore be using a token money, which is nowadays a paper currency. What Is Money And How Is It Created? 2015-02-28T05:00:00Z In the history of money, coins of gold and other precious metals, which first circulated around 500 B.C., predate the introduction of paper currency by roughly 1,300 years. Islamic State Says It Plans to Issue Its Own Currency 2014-11-14T05:00:00Z It issued its own paper banknotes, convertible into coin, which provided a uniform paper currency throughout the two-year-old United States. Let's Meet the Hard Money Extremists 2014-11-13T05:00:00Z According to Hurt, the family biographer, Mr. Hunt was also acting on his evangelical Christian faith, believing that a looming apocalypse would render paper currency worthless. Nelson Bunker Hunt, Texas oil baron who lost much of his fortune, dies at 88 The dollar is just an irredeemable paper currency. Goethe Predicted Dollar Slavery 2014-10-21T04:00:00Z Congress established the Secret Service as a division of the Treasury Department in 1865; its mission was to combat counterfeiting of the new paper currency issued during the Civil War. In the 19th century, a different Secret Service, but not without controversy The Stampede sells rubber stamps online, essentially at cost, and people buy one of those stamps and then they stamp messages on paper currency that says one of three major statements. “From the beginning, I was in it for real”: Ice cream legend’s plan to radically up-end America 2014-09-04T04:00:00Z Their contributions qualified them for "doodlum," a paper currency not unlike scrip offered in company towns. Depression colony cashing in on Johnny Cash's fame 2014-08-15T04:00:00Z This is exactly what you would expect, given a flexible paper currency, and the siren song to abuse it for political expediency. Why Did Ron Paul Say Gold Could Go To Infinity? 2014-08-02T04:00:00Z Except cash is quickly becoming a relic of the past, and college students aren’t likely to be dealing with paper currency. The Case for College Students to Have Credit Cards 2014-07-11T04:00:00Z Genoa authorized a deformed pastiche of gold and paper currency as official central bank reserve assets. Signs Of The Gold Standard Emerging From Great Britain? 2014-06-30T04:00:00Z Even if other countries remain tethered to failing paper currencies, America should adopt the gold standard. America Needs The Gold Standard More Than Ever 2014-06-24T04:00:00Z The monetary measure came care of the Sherman Silver Purchase Act, whereby the United States was mandated to buy, with new paper currency, an additional 4.5 million ounces in silver per month. The Gold Standard Had Nothing To Do With Panics And Busts 2014-05-19T04:00:00Z They stopped at a Walmart for some energy drinks and to find one of those machines that converts coins to paper currency. Teen convicted in 2010 slaying crafts new dreams 2014-05-17T04:00:00Z Last month, Canada abandoned the last of its paper currency in favor of plastic money, following the example of Australia and about two dozen other countries. Britain to Join Ranks of Nations Using Plastic Currency 2013-12-18T15:44:18Z In 1957, “In God We Trust” was added to U.S. paper currency. Air Force Takes God Out of the Heavens 2013-10-28T17:05:25Z Yes, you could issue Bitcoin paper currency – see Liberty Dollars.Sketchy origins and security. 10 Reasons Bitcoin is the MySpace of Money - and What Might Save It 2013-08-30T14:40:00Z The Treasury Secretary is also responsible for the design of currency, including the portraits that appear on paper currency, according to the Bureau. US Treasury chief revamps signature 2013-05-08T10:51:10Z Over time, the Fed’s brief broadened to include responsibility for maintaining the stable value of paper currency. Ben Bernanke, Enabler of America's Fiscal Dysfunction 2013-05-08T11:05:25Z Some seek safety in gold, which functions more like a currency than a commodity and has the advantage of being a finite resource that cannot be created out of nothing like paper currencies. Bitcoin's promise of freedom 2013-04-26T16:47:22Z That is the pseudonym adopted by Sir Walter Scott when, in March 1826, he launched a spirited and sustained attack against an earlier effort to interfere with Scotland's paper currency. Malachi Malagrowther and the Scottish banknote 2013-04-22T11:54:23Z The former bang on about an intrinsic store of value, the debasement of paper currencies, and the wickedness of central bankers' money-printing machines. Treasury commitee struggles to hide scorn over Osborne's Help to Buy plan 2013-04-19T23:01:09Z New Scientist reports that the idea is a spinoff of the technology that hides patterns in paper currency to deter counterfeiting. Encrypted thread may doom fashion fakes; unraveling the piping plover mystery 2012-11-26T19:19:17Z President Barack Obama was taken as a sign that quantitative easing will continue, increasing the demand for alternatives to paper currencies. Asian Shares Extend Losses On U.S. Fiscal Cliff Worries 2012-11-09T04:29:05Z Cigarettes are widely used in prisons as a medium of exchange, and paper currencies have been accepted as money even when they no longer had government backing. Bitcoin's promise of freedom 2013-04-26T16:47:22Z Of course, these "Salmon notes", the first to use computer to printing plate technology, are very different from the first paper currency. A new sign of the financial times 2012-09-11T23:00:37Z That would allow receivers to distinguish fake signals from real ones, as watermarks in paper currency do. Attack of the Zombie Drones 2012-07-09T10:00:21Z U.S. currency paper is the most durable banknote paper in the world--with the longest life span of any paper currency. Why We're Made in USA 2012-07-02T19:00:34Z We spent about two years working with companies that produce machines which dispense, accept and sort paper currency, providing test notes and staff from the bank to help them. How would Greece switch currencies? 2012-06-11T23:47:50Z Thus Queensland was saved from the double peril of paralysed credit and a debased paper currency. Our First Half-Century: A Review of Queensland Progress Based Upon Official Information 2012-04-22T02:00:09.320Z Gold still is benefiting from concerns that the global economy remains fragile and a belief that governments will launch new rounds of stimulus, undercutting paper currencies. Bullion's Bulls Pulling Back 2012-04-16T00:14:25Z New England was at this time cursed with an irredeemable paper currency. The Loyalists of Massachusetts And the Other Side of the American Revolution 2012-04-02T02:00:25.387Z Hard to kill USE of a paper currency is normally taken to be an expression of faith in the government that issues it. Somalia?s mighty shilling: Hard to kill 2012-03-29T15:03:28Z There is also a large paper currency in the form of notes issued by the Chartered Bank of India, Australia and China, the Hong-Kong and Shanghai Banking Corporation and the National Bank of China, Limited. Encyclopaedia Britannica, 11th Edition, Volume 13, Slice 6 "Home, Daniel" to "Hortensius, Quintus" 2012-03-15T02:00:32.250Z The legal tender acts and decisions, in effect, provide an irredeemable paper currency for the people, and coin for the government. Monopolies and the People 2012-03-12T03:00:23.687Z It is substantial, for he wishes to give no countenance to the paper buildings that correspond with other worthless paper currency of a credit system. Life Without and Life Within or, Reviews, Narratives, Essays, and poems. 2012-03-05T03:00:13.070Z I for one am not willing that my name shall be linked to the fate of a paper currency. Famous American Statesmen 2012-03-01T03:00:26.167Z Lord Overstone further declared that: The value of the paper currency results from its being kept at the same amount the metallic currency would have been. 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 They had paper money in those days—shin-plasters—and some of the Democrats of those times had legal doubts about this paper currency. The Works of Robert G. Ingersoll, Vol. 8 (of 12) Dresden Edition?Political 2012-02-11T03:03:48.503Z The discussion in the Junto on paper currency induced Franklin to publish a paper entitled "The Nature and Necessity of a Paper Currency." Heroes of Science: Physicists 2012-01-17T03:00:17Z Another institution of great importance is the Government Printing Office, the so-called Insatsu Kyoku, its scope including much besides printing, the paper currency of the country being manufactured here too. Empires and Emperors of Russia, China, Korea, and Japan Notes and Recollections by Monsignor Count Vay de Vaya and Luskod 2012-01-08T03:00:16.523Z It had no money with which to pay its soldiers; its paper currency was nearly worthless; dissatisfaction was apparent on every hand. Famous American Statesmen 2012-03-01T03:00:26.167Z The neo-chartalists believe that because paper currency is a creature of the state, governments enjoy more financial freedom than they recognise. Wonkbook: How the economy could come back in 2012 2011-12-29T13:22:21Z It has more resemblance to an over-issued and depreciated paper currency. The History of Currency, 1252 to 1896 2011-12-24T03:07:52.717Z More than one pair of greedy eyes saw the thick wad of paper currency; and from that moment Gerald was a marked man in the room. Harding of Allenwood 2011-12-21T03:00:21.617Z Half an hour later, Vane landed his passengers, and it was not until he had left them they discovered that he had thrust a roll of paper currency into the little girl’s hand. The Protector 2011-12-14T03:00:17.460Z The new notes were therefore for the time being an inconvertible paper currency, and, since they were made legal tender, were really a form of fiat money. Encyclopaedia Britannica, 11th Edition, Volume 12, Slice 5 "Greek Law" to "Ground-Squirrel" 2011-12-05T03:00:51.527Z The prices of goods in, not altered by paper currency, 133. An Inquiry Into the Nature and Causes of the Wealth of Nations 2011-12-05T03:00:41.403Z The paper currency consists of notes for 1000 dr., Encyclopaedia Britannica, 11th Edition, Volume 12, Slice 4 "Grasshopper" to "Greek Language" 2011-11-28T03:00:19.517Z Why should we waste our time working out systems of "credit-cards," when we already have a system in the form of gold and silver coins and paper currency? The Book of Life 2011-11-25T03:00:13.343Z Carroll set about preparing the meal, which the two Siwash partook of and afterwards departed, with some paper currency. The Protector 2011-12-14T03:00:17.460Z He received, on retiring from the army, about two hundred dollars in paper currency, which was so depreciated that he could not purchase with the whole of it a decent coat. Nature and Culture 2011-11-17T03:00:34.107Z Those metals are said to have become more abundant in America, since the suppression or some of their paper currencies. An Inquiry Into the Nature and Causes of the Wealth of Nations 2011-12-05T03:00:41.403Z The notes issued by these two banks constitute the forced paper currency circulating throughout the kingdom. Encyclopaedia Britannica, 11th Edition, Volume 12, Slice 4 "Grasshopper" to "Greek Language" 2011-11-28T03:00:19.517Z Paper Currency.—In addition to the metallic money described above there is a vast amount of paper currency in the United States. Government in the United States National, State and Local 2011-11-16T03:00:28.590Z The country was still labouring under the curse of an inconvertible Second presidency. paper currency originating with the Legal Tender Act of 1862. Encyclopaedia Britannica, 11th Edition, Volume 12, Slice 3 "Gordon, Lord George" to "Grasses" 2011-11-13T03:00:13.177Z The medium of exchange was a vastly inflated and fluctuating paper currency. The South American Republics Part I of II 2011-11-06T02:00:14.827Z It officially became the national motto in 1956 and began appearing on paper currency the following year. House reaffirms ?In God We Trust? as national motto 2011-11-02T06:47:37Z "Perhaps," he writes Jefferson, "the excess of paper currency, and the wish to find objects for realizing it, is one of the motives for promoting the plan of the Bridge." The Life Of Thomas Paine, Vol. I. (of II) With A History of His Literary, Political and Religious Career in America France, and England; to which is added a Sketch of Paine by William Cobbett 2011-10-12T02:00:38.787Z I did not join in putting down the currency of a national bank to put up a national paper currency of a thousand local banks. Thomas Hart Benton 2011-10-09T02:00:26.053Z The señora made signs which Evelyn supposed to mean that Gomez had gone away, and then she took out some silver and paper currency. The Coast of Adventure 2011-10-03T02:00:25.810Z Gold is up more than 40% over the past year, largely on fears that paper currencies like the dollar won't retain their value. Is Gold Cheap? Who Knows? But Gold-Mining Stocks Are 2011-09-16T23:39:26Z Gold is increasingly seen as a valuable portfolio diversifier for the official sector and a safe store of value at a time paper currencies are under pressure. Analysis: Gold sales would not solve Europe's debt troubles 2011-09-02T07:54:44Z On Apr. 5, Roosevelt issued Executive Order 6102, which prohibited the hoarding of gold and required citizens to exchange their gold coins for paper currency. Gold Coins: The Mystery of the Double Eagle 2011-08-25T20:45:29Z At Denver there are six hundred million dollars of gold deposited in the vaults beneath the foundations of the Mint, and upon this reserve the paper currency of the Government has been issued. Colorado?The Bright Romance of American History 2011-08-25T02:00:28.183Z While she wondered whether all this had any sinister meaning, Evelyn felt for a packet of paper currency which she had, at her father's advice, sewn into her dress. The Coast of Adventure 2011-10-03T02:00:25.810Z Gold, which some investors consider a substitute for paper currencies, hit a record high of $1,881.40. Dollar hits postwar low vs yen as safety rules; slightly weaker vs most other currencies 2011-08-19T20:33:37Z In America, this undoubtedly was a paper currency, even though issued as real, and not representative, money. Benjamin Franklin; Self-Revealed, Volume II (of 2) A Biographical and Critical Study Based Mainly on his own Writings 2011-08-16T02:00:39.793Z Another strategy he favors is investing in natural resources and precious metals like gold that will preserve their worth even if paper currencies decline in value. Investors, Worried About Debt Talks, Look for Havens 2011-07-28T02:16:07Z Debasement of paper currencies “is forcing people to start to look at gold,” Boyd said. Gold Trades Near Record as U.S. Leaders Strive to Avert Default 2011-07-28T01:22:04Z Grahame wrote a check and put it on the table with some American paper currency. The Coast of Adventure 2011-10-03T02:00:25.810Z In other words, it was an arrangement for the issue of an irredeemable paper currency. The Works of Daniel Webster, Volume 1 2011-07-27T02:00:32.830Z The relations sustained by Franklin to the Continental paper currency we have already seen. Benjamin Franklin; Self-Revealed, Volume II (of 2) A Biographical and Critical Study Based Mainly on his own Writings 2011-08-16T02:00:39.793Z Spain, which should stand at about the same rate, still has a depreciated paper currency. Encyclopaedia Britannica, 11th Edition, Volume 10, Slice 1 "Evangelical Church Conference" to "Fairbairn, Sir William" 2011-07-16T02:00:16.387Z The DNA profiles of organisms found on paper currencies sent in from a dozen countries. The Bioweathermap Sees The Germs Around Us 2011-07-13T18:01:34Z “The faith in paper currency is rapidly ebbing.” Gold Rises to Record, Silver Jumps on Dollar’s Slump, Debt Woes 2011-07-13T16:56:41Z It will doubtless afford good local currencies; but will it give the country any proper and safe paper currency, of equal and universal value? The Works of Daniel Webster, Volume 1 2011-07-27T02:00:32.830Z It is easy to look down the slope of this trend and predict the end of paper currency. As Plastic Reigns, the Treasury Slows Its Printing Presses 2011-07-06T14:31:12Z Already his gains are secured about his person, carefully sewn up in his clothes—a large sum, partly in gold, partly in the paper currency of several nationalities. The Fire Trumpet A Romance of the Cape Frontier 2011-07-05T02:00:23.353Z The visualizations of which bugs they’re finding on paper currency are pretty cool. The Bioweathermap Sees The Germs Around Us 2011-07-13T18:01:34Z But if, like Paul, you believe paper currency is doomed, then the price of gold is surely still headed up. Ron Paul Reality Check: Should America Sell Fort Knox's Gold? 2011-05-19T00:35:00Z Federal Reserve print cash to stimulate their economies, potentially devaluing paper currencies. Silver-Coin Sales Booming at Perth Mint on Demand for Haven 2011-06-22T05:03:38Z Production of paper currency is declining much more quickly than actual currency use because the bills are lasting longer. As Plastic Reigns, the Treasury Slows Its Printing Presses 2011-07-06T14:31:12Z That appeals to those who distrust paper currencies. Digital currencies: Bits and bob 2011-06-16T10:56:09Z The town and country getting at this time prodigiously excited about a paper currency, Ben came out with a most luminous pamphlet, on "The advantages and disadvantages of a paper currency." The Life of Benjamin Franklin With Many Choice Anecdotes and admirable sayings of this great man never before published by any of his biographers 2011-06-15T02:00:17.903Z I have been writing, in my unconnected and confused style, my opinions on the profits of the Bank and on the advantages of a paper and nothing but a paper currency. Letters of David Ricardo to Thomas Robert Malthus, 1810-1823 2011-06-09T02:00:21.460Z The wealthy inhabitants opposed any addition, being against all paper currency, from an apprehension that it would depreciate, as it had done in New England, to the prejudice of all creditors. Franklin's Autobiography (Eclectic English Classics) 2011-05-20T02:00:26.573Z The excessive issues of Treasury bonds and paper currency are proving prejudicial to the true interests of the country. The International Monthly, Volume 4, No. 1, August, 1851 2011-05-18T02:00:11.200Z This large increase is to be accounted for by the fact that during the Napoleonic r�gime the government steadily refused to issue inconvertible paper currency or to meet war expenditure by borrowing. Encyclopaedia Britannica, 11th Edition, Volume 10, Slice 7 "Fox, George" to "France" 2011-05-15T02:00:07.897Z The Swiss franc is usually seen as a very strong paper currency. Buttonwood: Gilt-edged argument 2011-04-28T10:55:18Z The metals are increasingly considered attractive as a permanent store of value that doesn't diminish like paper currencies. Day Traders Ride Silver Streak 2011-04-26T22:27:31Z The money thus saved was partly used for the redemption of the over-issued paper money, and partly to accumulate reserve funds for making the paper currency convertible. A Fantasy of Far Japan Summer Dream Dialogues 2011-04-09T02:00:13.677Z “What’s looming ahead is the fear that if there is a shutdown in government, who’s going to want to own paper currency?” Gold Surges to Record on Hedge Against ‘Chaos;’ Silver Tops $39 2011-04-05T18:33:01Z This project, however, being thus rejected, another was immediately introduced into the senate, the basis of which was to be laid, like that of the first bank proposed, in a paper currency. The American Quarterly Review No. XVIII, June 1831 (Vol 9) 2011-04-02T02:00:12.460Z So its strength may simply be down to a lack of confidence in paper currencies rather than its own merits. Buttonwood: Gilt-edged argument 2011-04-28T10:55:18Z Afterward the club took up such pertinent issues as—Should there be an emission of paper currency for the District? Voices; Birth-Marks; The Man and the Elephant 2011-03-28T02:00:27.040Z Money and the paper currency are nothing but pledges of exchange. Voltaire's Romances, Complete in One Volume 2011-03-20T02:00:21.247Z In spite of powerful pressure the paper currency was not increased a dollar during his tenure of the office. Encyclopaedia Britannica, 11th Edition, Volume 10, Slice 3 "Fenton, Edward" to "Finistere" 2011-03-14T03:01:00.580Z Not so with the evils of a debased coin, a depreciated paper currency, or a depressed and falling public credit. The American Quarterly Review No. XVIII, June 1831 (Vol 9) 2011-04-02T02:00:12.460Z Meanwhile, his absence is not without its inconveniences; and if he remain much longer away, I am sorely afraid, we shall be reduced to a paper currency, not "convertible" at will. The Dodd Family Abroad, Vol. I 2011-03-03T03:00:56.130Z Nearly all the banks, one after another, suspended specie payment, "and gold and silver rose in value in direct ratio with the depreciation of paper currency." Life of Heber C. Kimball, an Apostle The Father and Founder of the British Mission 2011-02-21T03:00:08.060Z Ellsworth also made a determined stand against a national paper currency. Encyclopaedia Britannica, 11th Edition, Volume 9, Slice 3 "Electrostatics" to "Engis" 2011-02-06T03:00:53.093Z If the paper currency tempted the Government to reckless expenditures, it also predisposed the people to submit more willingly to heavy taxation. Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z In England bills have developed into a paper currency of perfect flexibility. Encyclopaedia Britannica, 11th Edition, Volume 3, Slice 7 "Bible" to "Bisectrix" 2010-12-20T17:12:05.780Z Backing paper currencies with gold at a fixed rate, as its countries had done before the war, seemed to offer Europe a return to prosperity. Economics focus: Paper chains 2010-08-19T11:47:00Z If governments print more money to pay off their debts, the logic goes, inflation will destroy the value of the dollar, the euro and other paper currencies — thus enhancing the value of gold. Worried About Their Dollars, More Are Turning to Gold 2010-06-12T16:26:00Z Moreover, the flight into gold reflects investors' concerns about the potential for paper currencies to depreciate because of central banks' looser lending policies. Money managers go for the gold in market rout - and beyond 2010-05-25T22:27:00Z Moreover, the paper currency itself tended to obtain full employment for the laborer, for the very reason that it diminished his real income. Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z Flight into gold can also reflect investors' concerns about the potential for paper currencies to depreciate because of central banks' money printing and worries that inflation could gain momentum. PIMCO's El-Erian sees U.S. inflation in medium term 2010-05-13T13:51:00Z He drew out a handful of the silver and spread it before the workmen, to their great surprise, for at that time Massachusetts was afflicted with a paper currency. The True Benjamin Franklin There is such a thing as a depreciated paper currency. A New Banking System The Needful Capital for Rebuilding the Burnt District He wrote and published a highly interesting pamphlet on the necessity of paper currency. Sages and Heroes of the American Revolution All the paper currency in the hands of the people, excepting $1 and $2 bills, is in the form of bank notes. Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z The paper currency of Brazil consists of both treasury issues and bank-notes, the latter issued under government supervision. Encyclopaedia Britannica, 11th Edition, Volume 4, Slice 4 "Bradford, William" to "Brequigny, Louis" The idea that paper currency must be redeemed in gold, as money, or silver, as money, is erroneous. The Arena Volume 18, No. 93, August, 1897 Neither can any possible amount of paper currency reduce gold below its only true and natural value, viz.: its value as a metal, for uses in the arts. A New Banking System The Needful Capital for Rebuilding the Burnt District The paper currency of the republic consists of bank-notes issued by four private banks, and is therefore no part of the public debt. Encyclopaedia Britannica, 11th Edition, Volume 4, Slice 2 "Bohemia" to "Borgia, Francis" Finally, additional supplies of gold, secured through imports, were useless for ordinary banking purposes because the business of the country was then carried on by means of an inconvertible and depreciated paper currency. Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z If that chest had been full of valuable securities, even paper currency, it wouldn’t have left such a red trail from Rio to Florida. Kastle Krags A Story of Mystery That period of crisis witnessed two great changes in American financial policy, the establishment of a national banking system and the issue of a legal tender paper currency. Encyclopaedia Britannica, 11th Edition, Volume 5, Slice 8 "Chariot" to "Chatelaine" It is of no appreciable importance that a paper currency should be payable on demand with specie. A New Banking System The Needful Capital for Rebuilding the Burnt District The silver boliviano, however, is rarely seen in circulation because of the cheaper paper currency. Encyclopaedia Britannica, 11th Edition, Volume 4, Slice 2 "Bohemia" to "Borgia, Francis" Otherwise the paper currency of England and Wales consists wholly of notes of the Bank of England.... Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z All the large payments were probably made in silver, particularly as paper currency, and the operations of banking, were then little understood. On The Principles of Political Economy, and Taxation A person is willing to receive paper currency in exchange for goods, if he believes that other people will take it from him again. Political economy This is the universal assertion of those who oppose a solvent paper currency; or a paper currency that is equal in value to gold. A New Banking System The Needful Capital for Rebuilding the Burnt District In the thirteenth century the Chinese government issued some paper currency. Harper's Round Table, August 27, 1895 Chili has the gold standard, but her paper currency is not maintained at a parity with gold; her unit is the peso, of 100 centavos, of the value of 18d.... Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z They claimed, further, that it was the duty of the government to provide a national paper currency, based not on specie, but on bonds bearing a low rate of interest. The Greater Republic A History of the United States Commerce was almost extinct; there was not sufficient natural wealth on which to found a revenue; paper currency had depreciated through want of funds for its redemption until it was nearly worthless. The Student's Life of Washington; Condensed from the Larger Work of Washington Irving For Young Persons and for the Use of Schools It is wholly untrue that an abundant paper currency—that is equal in value to gold—raises the prices of all commodities—relatively to gold—in a proportion corresponding to the increase of the currency. A New Banking System The Needful Capital for Rebuilding the Burnt District The face value of the notes is about a dollar, and that issue of paper currency was the only one ever guaranteed by the Chinese government. Harper's Round Table, August 27, 1895 The paper currency imposed upon wage-earners a heavier tax—amounting to confiscation of perhaps a fifth or a sixth of real incomes. Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z The Mormons have a paper currency of their own—ecclesiastical bank-notes which are exchanged for local produce. From Sea to Sea Letters of Travel Measures were taken for enlisting troops, erecting forts, providing military stores, and issuing a paper currency. History of the Colony and Ancient Dominion of Virginia After describing the efforts of the old alchemists to transmute the baser metals into gold, he represents all attempts to make a useful paper currency as attempts "to transmute paper into gold." A New Banking System The Needful Capital for Rebuilding the Burnt District On Mr. Lowe's “most doleful vaticinations that ever were heard,” about the new voters repudiating the national debt and adopting an inconvertible paper currency, he poured easy ridicule. The Life of William Ewart Gladstone (Vol 2 of 3) The rural landowner suffered serious injury from the paper currency when he let his land for a money rent. Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z The issue of paper currency, while universally welcomed by the most wasteful of investors, makes those who still have property more doubtful as to the future. Rural Health and Welfare The British merchants complained to the government of the heavy losses entailed upon them by the depreciated colonial paper currency. History of the Colony and Ancient Dominion of Virginia This admission, coming from so violent an opponent of paper currency, may reasonably be set down as the highest commendation that he could be expected to pay to any paper system. A New Banking System The Needful Capital for Rebuilding the Burnt District And like his paper currency, it was of all nations. Command As a purchaser of supplies in a paper currency for a million of wasteful and extravagant men in the field, the government again augmented prices to its own hurt. Belford's Magazine, Vol 2, December 1888 Slang is infinitely more conducive to the propagation of vice than is generally believed; it is the "paper currency" of iniquity, and each man issues as much as he likes. Confessions Of Con Cregan An Irish Gil Blas Finance.—In financial matters Colombia is known abroad chiefly through repeated defaults in meeting her bonded indebtedness, and through the extraordinary depreciation of her paper currency. Encyclopaedia Britannica, 11th Edition, Volume 6, Slice 6 "Cockaigne" to "Columbus, Christopher" Iowa was flooded with a depreciated paper currency from other States. History of the Constitutions of Iowa During these years of fiscal prosperity the country suffered much from financial crises caused by industrial stagnation, an excessive and depreciated paper currency and political disorder. Encyclopaedia Britannica, 11th Edition, Volume 6, Slice 2 "Chicago, University of" to "Chiton" It is certain that Franklin’s pamphlet exerted a powerful influence at the time, and a new issue of paper currency was ordered. Benjamin Franklin A Picture of the Struggles of Our Infant Nation One Hundred Years Ago American Pioneers and Patriots Series The flood of irredeemable and heavily depreciated paper currency which had been issued under stress of war necessities, was producing the usual effect of inflation. A Captain in the Ranks A Romance of Affairs Previous to that time the law required all contracts to specify payments in paper currency. Encyclopaedia Britannica, 11th Edition, Volume 6, Slice 6 "Cockaigne" to "Columbus, Christopher" I had lost so much money by exchange from the paper currency of Peru to the gold of California, that I needed time to replenish my almost depleted purse. Where Strongest Tide Winds Blew Much of this speculation, however, was due to an inflated paper currency. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy The citizens were compelled by law to accept inflated Virginia paper currency as legal tender for debts which they had contracted in pounds sterling. The Road to Independence: Virginia 1763-1783 "Not worth a Continental" is an expression which brings us to the next chapter in American experience of inconvertible paper currencies. The Paper Moneys of Europe Their Moral and Economic Significance The circulation in England became metallic, with what success it is not for us to say, whilst Scotland was allowed to retain her paper currency with at least most perfect satisfaction to herself. Blackwood's Edinburgh Magazine, Volume 56, Number 350, December 1844 The majority met all the prejudices against taxation, indebtedness, paper currency, draft, and other similar cases. Diary from November 12, 1862, to October 18, 1863 In a country with an inconvertible paper currency, how can it be determined whether the issues are excessive or not, and why? Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy A new issue did develop when Governor Fauquier announced that all outstanding Virginia paper currency must be redeemed by March 1st, after which it no longer would be legal tender. The Road to Independence: Virginia 1763-1783 The rise of prices since the war, in each country where reliable statistics are available, has been in proportion to the expansion of the paper currency, allowance being made for the scarcity of commodities. The Paper Moneys of Europe Their Moral and Economic Significance The lower the value of the notes, or paper currency, the greater will become the scarcity of the coin. The Coinages of the Channel Islands When the estimate for the coming year was under consideration, he proposed to Congress that the States should be advised to abandon the issue of this paper currency. James Madison A paper currency issued by Government in the payment of its ordinary expenses, in however great excess it may be issued, affects the rate of interest in no manner whatever. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy The British merchants carried the day to their own hurt by securing an Act of Parliament in 1764 forbidding the future issue of paper currency in the colonies. The Road to Independence: Virginia 1763-1783 In Manchuria the Japanese have forced the introduction of several hundred million dollars of paper currency, nominally, of course, based on a gold reserve. China, Japan and the U.S.A. Present-Day Conditions in the Far East and Their Bearing on the Washington Conference Foreign merchants, doubting the value of the new paper currency and the stability of the new Socialist Government, would of course refuse to part with their goods. British Socialism An Examination of Its Doctrines, Policy, Aims and Practical Proposals We notice, however, an occurrence, especially worthy of our attention at this time, when a project is entertained of introducing a government paper currency into the United States.— The American Quarterly Review, No. 17, March 1831 During our recent experiment of depreciated paper, the depreciation was such as to drive out the subsidiary silver coins, by July, 1862, and we were forced to supply their place by a fractional paper currency. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy These notes received the appellation of paper currency. Austral English A dictionary of Australasian words, phrases and usages with those aboriginal-Australian and Maori words which have become incorporated in the language, and the commoner scientific words that have had their origin in Australasia To the surprise of many, Grant sharply vetoed the act, adhering to his views of 1869 on the evils of an irredeemable paper currency. The New Nation In a country where paper currency is largely in vogue people often send money by post in the form of notes in unregistered letters, trusting to the thin note not being observed. India and the Indians But Hume and Smith, concurring in this general principle, drew very different inferences from it as to the paper currency of banks. The American Quarterly Review, No. 17, March 1831 Then prices will relapse to what they were at first, and there will be nothing changed, except that a paper currency has been substituted for half of the metallic currency which existed before. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy And we have no reason to doubt but that it may be restored, when we reflect on the fate which paper currencies have formerly sustained. The Diplomatic Correspondence of the American Revolution, Vol. XI Stocks of gold, however, accumulated by governments and banking interests, form the essential foundation of paper currency and of the vast modern system of credit relations. The Economic Aspect of Geology Hence, it would be a great mistake in countries where there is an irredeemable paper currency with compulsory circulation, to measure its purchasing power at a special discount as compared with the precious metals. Principles Of Political Economy The notes, therefore, formed an inconvertible paper currency. Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 1 "Austria, Lower" to "Bacon" The quantity of a paper currency not convertible into the metals at the option of the holder can be arbitrarily fixed, especially if the issuer is the sovereign power of the state. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy To all these causes of poverty there was added the hopeless confusion due to an inconvertible paper currency. The Critical Period of American History A financial panic had been caused by worthless paper currency issued by so-called "wildcat" banking institutions. A History of the Nineteenth Century, Year by Year Volume Two (of Three) Hence, for short periods of time, it may be said in a paper currency country, that business transactions based on cash money have a great element of variation in them. Principles Of Political Economy One of these was the abortive attempt of Attwood, the radical member for Birmingham, to reverse the policy of 1819 by inducing parliament to initiate the return to a paper currency. The Political History of England - Vol XI From Addington's Administration to the close of William IV.'s Reign (1801-1837) The phenomenal increase of specie exports during the war, and until 1879, was due to the fact that we had a depreciated paper currency, which sent the metals out of the country as merchandise. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy "Thus," says Madison, in his narrative of the proceedings, "the pretext for a paper currency, and particularly for making the bills a tender, either for public or private debts, was cut off." The Critical Period of American History The document of honest debt, not transferred, is merely to paper currency as gold withdrawn from circulation is to that of bullion. The Crown of Wild Olive also Munera Pulveris; Pre-Raphaelitism; Aratra Pentelici; The Ethics of the Dust; Fiction, Fair and Foul; The Elements of Drawing That country people in general suffer more from a bad paper currency than the towns people and inhabitants of cities, see Bonamy Price, Currency and Banking, 175, seq. Principles Of Political Economy Fractional paper currency, nickels, and cents 684.63 Lawful money reserve in bank, viz.: Frenzied Finance Vol. 1: The Crime of Amalgamated Up to this point the effects of a paper currency are substantially the same, whether it is convertible into specie or not. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy "But they have lent us much money at a time when our paper currency is practically worthless, and the assistance of their fleet is now momentarily expected," the General went on to explain. The Loyalist A Story of the American Revolution She would have known more about the properties of a rectangle or the dangers of a paper currency. Hopes and Fears or, scenes from the life of a spinster The holders of the old paper money have now lost confidence in all paper currency. Principles Of Political Economy The National Assembly resolved to issue a paper currency for which the newly acquired lands should serve as security. An Introduction to the History of Western Europe There is no longer any coin in circulation; but, if the paper currency is convertible, coin may still be obtained from the issuers in exchange for notes. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy With Madeira selling at eight hundred pounds a pipe and other things in proportion to the depreciation of the paper currency, the wonder was often expressed as to the source of so much munificence. The Loyalist A Story of the American Revolution “You must get the check back, anyhow,” said Bethune, who opened a drawer and took out a roll of paper currency. Brandon of the Engineers “But wait a moment: I’d better look for a dry place to put this paper currency.” The Long Portage The Assembly refused to provide funds for such a purpose, but Tryon got over this difficulty by issuing a paper currency. Historical Tales, Vol. 2 (of 15) The Romance of Reality One of the commonest is, that a paper currency can not be issued in excess so long as every note issued represents property, or has a foundation of actual property to rest on. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy The “Ohio idea” was originally associated with an inflation of the paper currency, but by extension it came to mean an abundance of cheap money, whether paper or silver. Historical Essays As early as 1902, important fiscal changes were introduced: one was the closing of the mints to free silver, and the other an issuance of paper currency notes. Travels in the Far East The paper currency ere long dissolved to nothingness; for four days the army was without food, and whole regiments drifted from the ranks of our hard-pressed defenders. America First Patriotic Readings It was half filled with American paper currency, as he knew—currency neatly parcelled and carefully packed by his own hands. Jack O' Judgment In so far as this notion has any connection at all with reason, it seems to originate in confounding two entirely distinct evils, to which a paper currency is liable. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy All the Colonies used paper currency, until in some the English government restricted its issue by law to a fixed amount. Achenwall's Observations on North America I had rather let it go than see them paid in the paper currency which they can't read or judge of. Letters from Port Royal Written at the Time of the Civil War (1862-1868) Law proposed, in substance, to increase the paper currency of the country, and thus supersede the necessity for the use of the precious metals. A Modern History, From the Time of Luther to the Fall of Napoleon For the Use of Schools and Colleges During our sojourn at Tom's Brook the Confederates labored hard to induce us to exchange our greenbacks for their paper currency. Lights and Shadows in Confederate Prisons A Personal Experience, 1864-5 Trace the effects of large and continuous issues of inconvertible paper currency on the prices of commodities, on importation and exportation, and on the foreign exchanges. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy The islands of Scotland possessed a small paper currency, and to that origin were we probably indebted for our own. The History of Tasmania, Volume I The sum he obtained amounted to about twenty thousand dollars, in the depreciated paper currency of that day. Daniel Boone The Pioneer of Kentucky The depreciation of paper currency, or Continental money, had by this time brought the serious burden of high prices upon the people. A Short History of Pittsburgh In this connection may be noted also the influence of frontier conditions in permitting lax business honor, inflated paper currency and wild-cat banking. The Frontier in American History Compare the advantages and disadvantages of a metallic and paper currency. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy The Insular Government sought to reduce the amount of its paper currency, which was alleged to be three times the amount of its cash capital. The Philippine Islands The whole apparatus, presses and everything, had been set up there to print the war paper currency of Great Britain! The Doctor of Pimlico Being the Disclosure of a Great Crime We shall have, beyond question, the ordinary collapse of speculation that follows a sudden expansion of paper currency. The Writings of James Russell Lowell in Prose and Poetry, Volume V Political Essays It is incomprehensible that any one could imagine that our paper currency system is fraudulent because there are a few "green-goods" men in the country, or because counterfeit bills appear every now and then. Book-Lovers, Bibliomaniacs and Book Clubs What is the error in the common notion that “a paper currency can not be issued in excess so long as every note represents property, or has a foundation of actual property to rest on”? Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy On the outbreak of the war in 1913 a moratorium was declared, and the internal finance of the country was managed on a paper currency. Bulgaria He had about him one thousand florins, in paper currency, which he delivered to his confessor, requesting him to divide it impartially among his unfortunate countrymen. The Best of the World's Classics, Vol. V (of X) - Great Britain and Ireland III The objections to an inflated and irredeemable paper currency are so many that I do not attempt to state them all. The Life, Public Services and Select Speeches of Rutherford B. Hayes The only answer to this was that history taught us that the public faith of a nation alone is not sufficient to maintain a paper currency. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. His cheeks had an angry flush, his hands trembled as he hastily constructed some paper currency of considerable value. The Mark Of Cain There is a paper currency in the settlement, which obviates the necessity of having coin afloat. Hudson Bay "Unless we are allowed a paper currency," Daniel Coxe wrote to Reed, "they need not send tax gatherers, for they can gather nothing—never was money so very scarce as now." Beginnings of the American People An irredeemable and inflated paper currency promotes speculation and extravagance, and at the same time discourages legitimate business, honest labor, and economy. The Life, Public Services and Select Speeches of Rutherford B. Hayes It is singular how strong the feeling in favor of an irredeemable paper currency was in many of the western towns and among the farming people. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. His paper currency was coming back to him. The Mark Of Cain Later his articles in favor of the issue of a sum of paper currency were so largely instrumental in carrying that measure that the profitable job of printing the money became his reward. Benjamin Franklin Mr. Gallatin condemned paper currency as an artificial stimulus, and the ultimate object of his essays was to annihilate what he termed the “dangerous instrument.” Albert Gallatin American Statesmen Series, Vol. XIII A depreciation of ten per cent diminishes the value of the present paper currency from fifty to one hundred millions of dollars. The Life, Public Services and Select Speeches of Rutherford B. Hayes The effect of the abolition of the legal tender quality of greenbacks upon the paper currency. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. Law made himself sole creditor of this debt, and was allowed to issue ten times the amount in paper money, and to open “the Royal Bank of France,” empowered to issue this paper currency. Character Sketches of Romance, Fiction and the Drama A Revised American Edition of the Reader's Handbook, Vol. 3 But as Congress could not tax anybody, it had no means of raising a revenue, except to beg, borrow, or issue its promissory notes, the so-called Continental paper currency. The War of Independence It acted as a regulator upon the state banks, checked excessive issues on their part, and brought the paper currency of the country down from sixty-six to less than forty millions, before the year 1820. Albert Gallatin American Statesmen Series, Vol. XIII "And after that infernal deluge of unsecured paper currency thirty years ago ..." The Cosmic Computer Mr. Beck next inquired what effect the abolition of the legal tender quality of the greenbacks would have on our paper currency. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. On my departure he would hand me solemnly two of the pieces of paper currency known as "shin plasters," and bid me always hold my grandfather's memory in reverence. The Confessions of Artemas Quibble But, now, Mr. Speaker, suppose for the sake of argument, we admit that the Government may fairly and legally pay the Five-twenty bonds in paper currency, what then? Hidden Treasures Or, Why Some Succeed While Others Fail The Democratic party thus determined, through its platform and partially through its candidates, to fight its battle on the two issues of paying the debt in depreciated paper currency and overthrowing Reconstruction. Twenty Years of Congress, Volume 2 From Lincoln to Garfield, with a Review of the Events Which Led to the Political Revolution of 1860 Successes on paper have so long done duty for successes in the field, that no one, even yet, can believe that this paper currency has been so depreciated that bankruptcy must ensue. Diary of the Besieged Resident in Paris For nearly twenty years the country had been under the uncontrolled influence of a paper currency. The Continental Monthly, Vol. 5, No. 4, April, 1864 He had also contrived to turn his savings into the paper currency. The Mark of the Beast Payment of the Five-twenty bonds in paper currency involves therefore a limitless issue of greenbacks, with attendant evils of gigantic magnitude and far-reaching consequence. Hidden Treasures Or, Why Some Succeed While Others Fail They advocated the coinage of silver dollars of 345-6/10 grains, to be legal-tender for sums not over twenty dollars, and to take the place of all paper currency of less denomination than five dollars. Twenty Years of Congress, Volume 2 From Lincoln to Garfield, with a Review of the Events Which Led to the Political Revolution of 1860 In complying with this requisition, one Spanish milled dollar was to be received in lieu of forty dollars of the paper currency. The Life of George Washington, Vol. 3 Commander in Chief of the American Forces During the War which Established the Independence of his Country and First President of the United States That the rapid depreciation of the paper currency, by which the resources for carrying on the war were dried up, rendered indispensable some grand effort to bring it to a speedy termination. The Life of George Washington, Vol. 2 Commander in Chief of the American Forces During the War which Established the Independence of his Country and First President of the United States Nothing less than the national credit is sufficiently solid and enduring to be the basis of a paper currency throughout the vast extent of our country. The Continental Monthly, Vol. 5, No. 2, February, 1864 Devoted To Literature And National Policy The Board of Trade justly denominates their resource for that year "the sinking credit of a paper currency, laboring, from the uncommon scarcity of specie, under disadvantages scarcely surmountable." The Works of the Right Honourable Edmund Burke, Vol. 08 (of 12) Once more the country was flooded by paper currency of uncertain value. History of the United States To divide the wealth of the country they have only to subtract a paper currency from an inflated national debt. Marzio's Crucifix and Zoroaster Counterfeit coin is more readily detected than a fictitious paper currency, yet no sane man would advocate the repeal of the laws which prohibit it. The Continental Monthly, Vol. 4, No. 4, October, 1863 Devoted to Literature and National Policy When they spoke of fifty or twenty-five cents, they meant a piece of paper currency, printed like a bank-note, of no value in itself, but only a promise to pay. St. Nicholas Magazine for Boys and Girls, Vol. 5, May, 1878, No. 7. Scribner's Illustrated The remedy for our financial troubles," said he, "will not be found in a superabundance of depreciated paper currency. The Bay State Monthly — Volume 2, No. 1, October, 1884 A paper currency, almost as unstable and irritating as the worthless notes of revolutionary days, flooded the country, hindering the easy transaction of business. History of the United States The copper plates for our visiting cards are familiar examples of this style of work and our national paper currency presents very beautiful and elaborate results of the process. What Philately Teaches A Lecture Delivered before the Section on Philately of the Brooklyn Institute of Arts and Sciences, February 24, 1899 The Governments of France and England have both assumed control of the paper currency of their respective countries. The Continental Monthly, Vol. 4, No. 4, October, 1863 Devoted to Literature and National Policy As soon as a nation compels a creditor to take paper currency in discharge of his debt, there is a bankruptcy. The Works of the Right Honourable Edmund Burke, Vol. 04 (of 12) So violent an outrage upon credit, property, and liberty, as this compulsory paper currency, has seldom been exhibited by the alliance of bankruptcy and tyranny, at any time, or in any nation. The Works of the Right Honourable Edmund Burke, Vol. 03 (of 12) As heavy borrowers of money in the North, they were generally in favor of "easy money," if not paper currency, as an aid in the repayment of their debts. History of the United States Leaving on one side the questions of taxation and banking, the financial discussion has presented itself under two aspects,—the issue and redemption of Government paper currency, and the Government policy toward silver coinage. American Eloquence, Volume 4 Studies In American Political History (1897) This feature of the paper currency of the country is one that has long been needed. The Continental Monthly, Vol. 4, No. 4, October, 1863 Devoted to Literature and National Policy On reading notices of a meeting to be held in favor of Protection and of the government issuing paper currency instead of gold, we decided to attend. The Narrative of Gordon Sellar Who Emigrated to Canada in 1825 They issued this paper currency to satisfy in the first instance chiefly the demands made upon them by the bank of discount, the great machine or paper-mill of their fictitious wealth. The Works of the Right Honourable Edmund Burke, Vol. 03 (of 12) Armies were raised, money was borrowed, a huge volume of paper currency was issued, and foreign aid was summoned. History of the United States Again.—The paper currency was issued for the express purpose of carrying on the war. A Letter Addressed to the Abbe Raynal, on the Affairs of North America, in Which the Mistakes in the Abbe's Account of the Revolution of America Are Corrected and Cleared Up It has been said truly, that nothing is so desirable as to see the country carrying on its mercantile transactions with a paper currency founded on, and supported by, a metallic basis. Maxims and Opinions of Field-Marshal His Grace the Duke of Wellington, Selected From His Writings and Speeches During a Public Life of More Than Half a Century It saves thought and provides us with a kind of paper currency conventionally accepted, though of no real value. Rebuilding Britain A Survey of Problems of Reconstruction After the World War The first is the confiscation, with the compulsory paper currency annexed to it; the second is the supreme power of the city of Paris; the third is the general army of the state. The Works of the Right Honourable Edmund Burke, Vol. 03 (of 12) Its notes drove out of circulation the paper currency of unsound banks chartered by the states, to the great anger of local financiers. History of the United States And twice, once in the thirties and again in the sixties, an irredeemable paper currency moved up the water mark of prices to tremendous heights followed by reactions of corresponding depth. A History of Trade Unionism in the United States But it is not true that the excess of prices was occasioned solely by the paper currency. Maxims and Opinions of Field-Marshal His Grace the Duke of Wellington, Selected From His Writings and Speeches During a Public Life of More Than Half a Century All your wants shall be supplied as fast as possible, except money, of which I have so little, as to be obliged to have recourse to a paper currency. The Life and Correspondence of Sir Isaac Brock On the whole, we should grow rapidly poorer; for prices would rise, and we should have a paper currency instead of a metallic one. Saracinesca What were silver and gold, let alone the cheap paper currency of the times, to him, who had given up wealth and princely rank to become a religious! Apples, Ripe and Rosy, Sir This rise in prices was coincident with the "wild-cat" prosperity, which followed a rapid multiplication of state banks with the right of issue of paper currency—largely irredeemable "wild-cat" currency. A History of Trade Unionism in the United States They, therefore, favored an institution of large capital, non-specie-paying, and obliged to make heavy loans to the government, which involved, of course, an irredeemable paper currency. Daniel Webster It is possible that the world may some day evolve an international paper currency that will be everywhere acceptable. War-Time Financial Problems And now for a time affairs went on swimmingly; money became as plentiful as in the modern days of paper currency, and, to use the popular phrase, "a wonderful impulse was given to public prosperity." Knickerbocker's History of New York, Complete There is no provision preventing the fluctuation in the value of the paper currency. A Compilation of the Messages and Papers of the Presidents Volume 7, part 1: Ulysses S. Grant They form an unnecessary addition to the paper currency, a sufficient amount of which may be readily supplied by the national banks. A Compilation of the Messages and Papers of the Presidents Volume 8, part 2: Chester A. Arthur The paper currency of the nations was swollen from seven billions to fifty-six and the gold reserve dwindled from seventy per cent. to twelve. In His Image I have studied by close observation the laws of paper currency, as they have exhibited themselves in this and in other countries, from 1811 down to the present time. The Great Speeches and Orations of Daniel Webster With an Essay on Daniel Webster as a Master of English Style Many countries—Russia, Austria, Portugal, Italy, and most of the South and Central American republics—have had or still have depreciated paper currencies. Modern Economic Problems Economics Volume II It looked to me like a bill, a piece of paper currency. O. Henry Memorial Award Prize Stories of 1919 There was no cash in the land, the paper currency was nearly worthless, every one was heavily in debt, and no one was able to collect what was owing to him. The Winning of the West, Volume 2 From the Alleghanies to the Mississippi, 1777-1783 The depreciation of the paper currency during the Revolution proved disastrous to him in several ways. George Washington: Farmer In June, 1863, just before the battle of Gettysburg, the depreciation of this paper currency, which represented of course the appreciation of gold, was in the ratio of 100 to 290. Abraham Lincoln Money was scarce, and the paper currency—an ill-omened device of Mahmud's—was depreciated, distrusted, and regarded as an imperial betrayal of confidence. The Balkans A History of Bulgaria—Serbia—Greece—Rumania—Turkey Early in his administration a convenient form of paper currency, receivable at the Society's store, was introduced, and proved most useful in trade with the natives. History of Liberia Johns Hopkins University Studies in Historical and Political Science After that time, with the weary prolonging of the war, the increase of the public debt, and the collapse of the paper currency, its reputation steadily declined. Civil Government in the United States Considered with Some Reference to Its Origins But experience has now proved the mischiefs and dangers of a paper currency, and it rests with you to determine whether the proper remedy shall be applied. A Compilation of the Messages and Papers of the Presidents Volume 3, part 1: Andrew Jackson (Second Term) In the meantime it is our duty to provide all the remedies against a depreciated paper currency which the Constitution enables us to afford. A Compilation of the Messages and Papers of the Presidents Volume 3, part 2: Martin Van Buren The project he said had some advocates, but they had not yet succeeded, and he hoped never would succeed in the introduction of that system of paper currency which prevailed in the United States. Letters of a Traveller Notes of Things Seen in Europe and America That mysterious paper currency which circulates in London when the wind blows, gyrated here and there and everywhere. Our Mutual Friend It was not an easy matter, on the spur of the moment, to raise ten millions in paper currency, and there were vexatious delays. Burning Daylight These views alone of the paper currency are sufficient to call for immediate reform; but there is another consideration which should still more strongly press it upon your attention. A Compilation of the Messages and Papers of the Presidents Volume 3, part 1: Andrew Jackson (Second Term) With this redundancy of the paper currency there arose in that country also a spirit of adventurous speculation embracing the whole range of human enterprise. A Compilation of the Messages and Papers of the Presidents Volume 3, part 2: Martin Van Buren He soon became intimately acquainted with the extent of the trade and resources of each, and daily more confirmed in his opinion that no country could prosper without a paper currency. Memoirs of Extraordinary Popular Delusions — Volume 1 As necessity beckoned, the Secret Service moved from fighting the counterfeiting of paper currency and the forging of checks, to the protection of funds transferred by wire. The Hacker Crackdown, law and disorder on the electronic frontier By devoting our attention chiefly to the smaller copper coin, the larger denominations represented by paper currency will require no surveillance. Punchinello, Volume 1, No. 08, May 21, 1870 It was necessary for the sake of a secure paper currency. The Great Events by Famous Historians, Volume 12 These securities were purchased with depreciated paper currency but increased very greatly in value after the successful outcome of the struggle, and formed an investment whose value it is extremely difficult to estimate. The United States Since the Civil War Half an hour later Vane landed his passengers, and it was not until he had left them that they discovered he had thrust a roll of paper currency into the little girl's hand. Vane of the Timberlands When bank-notes are passed for two-pence and become thick with use, a man may have a great mass of paper currency in his pocket without being rich. Nina Balatka "Why, away with paper currency altogether!" says one. The Atlantic Monthly, Volume 01, No. 01, November, 1857 A Magazine of Literature, Art, and Politics To refuse the payment of taxes, to depreciate the paper currency, and feed the enemy, was a certain method of attaining wealth; privations and misery were only experienced by good citizens. Memoirs, Correspondence and Manuscripts of General Lafayette Bankers obtained gold to purchase bonds by presenting paper currency to the government for redemption. The United States Since the Civil War Carroll merely smiled and set about preparing the meal, which the two Siwash partook of and afterward departed with some paper currency. Vane of the Timberlands From this time forward there was a gradual rise in exchange and produce, owing, as many thought, to the emission and establishment of paper currency in the province. An Historical Account of the Rise and Progress of the Colonies of South Carolina and Georgia, Volume 1 The troops were ill clothed, their pay was in arrear, and that of the officers, owing to the great depreciation of the paper currency, was wholly unequal to their decent maintenance. Life and Times of Washington, Volume 2 Revised, Enlarged, and Enriched The regent was the evil spirit of the system, that forced Law on to an expansion of his paper currency far beyond what he had ever dreamed of. The Crayon Papers The proposal to repay the debt in paper currency, the "Ohio idea," gained considerable ground in the Middle West, as has already been explained. The United States Since the Civil War The notes of State banks were used for the purchase of public lands from the United States, and the treasury was thus accumulating paper currency of doubtful value. Select Speeches of Daniel Webster, 1817-1845 To answer the public exigences of the province, large emissions of paper currency were also requisite. An Historical Account of the Rise and Progress of the Colonies of South Carolina and Georgia, Volume 1 By the depreciation of the paper currency their pay was little more than nominal, and it was many months in arrear. Life and Times of Washington, Volume 2 Revised, Enlarged, and Enriched Paraguay is a poor land; the value of its paper currency, like that of most South American countries, fluctuates almost daily. Through Five Republics on Horseback, Being an Account of Many Wanderings in South America If paper currency was to supplement the precious metals, what amount of it should be in circulation? The United States Since the Civil War For many years, Connecticut was shrewd enough to steer clear of the disastrous inflation of paper currency which overtook her sister colonies. The Development of Religious Liberty in Connecticut I find some are jealous and uneasy on account of rumours spread, that you design to alter the tax-act, for sinking your paper currency. An Historical Account of the Rise and Progress of the Colonies of South Carolina and Georgia, Volume 1 The pay even of the officers, in the depreciated paper currency, was wholly unequal to the maintenance of their rank. Life and Times of Washington, Volume 2 Revised, Enlarged, and Enriched After changing the little gold I carried for the greasy paper currency of the country, I started out in search of something to eat. Through Five Republics on Horseback, Being an Account of Many Wanderings in South America Wentworth was ready to do his part, but his province had no money, and the King had ordered him to permit the issue of no more paper currency. A Half-Century of Conflict - Volume II Austria: fluctuations in the value of the paper currency of Napoleon's policy as regarded. After Waterloo: Reminiscences of European Travel 1815-1819 At the same time, Governor Johnson had instructions to reduce the paper currency circulating in the Province, of which the mercantile interest loudly complained, as injurious to trade. An Historical Account of the Rise and Progress of the Colonies of South Carolina and Georgia, Volume 1 To relieve this pressure, many wanted an inflated paper currency, which should stimulate trade. Beacon Lights of History, Volume 12 American Leaders He condemned a compulsory paper currency,--not a paper currency, but a compulsory one,--and predicted bankruptcy. Beacon Lights of History, Volume 09 European Statesmen What is more, they were paid in clinking gold, whereas the Turks, when paid at all, got paper currency. With the Turks in Palestine They issue a very large paper currency on a very small gold reserve. England and the War The price soon became four to five for a shilling in cash, though the Turks wanted five times that number for an equivalent sum in depreciated paper currency. How Jerusalem Was Won Being the Record of Allenby's Campaign in Palestine No country in the world has ever more abused paper currency; her paper money is probably the most greatly depreciated of any country on earth. Peaceless Europe The pecuniary resources of the South for carrying on this war have thus far consisted principally of a paper currency and bonds, with a forced circulation. The Atlantic Monthly, Volume 10, No. 60, October, 1862 One of the results of the financial embarrassments of the Confederacy was the great and growing depreciation of its paper currency. Military Reminiscences of the Civil War, Volume 2 November 1863-June 1865 It records the most gigantic attempt ever made in the history of the world by a government to create an inconvertible paper currency, and to maintain its circulation at various levels of value. Fiat Money Inflation in France These being the circumstances, the governor, auditor, and treasurer, issued a circular forbidding the payment of state taxes in this paper currency of the state. The Life of Abraham Lincoln June 22 it ordered an issue of two million dollars in continental paper currency, and subscriptions to national loans were opened both at home and abroad. Formation of the Union, 1750-1829 These islands, like California, have repudiated greenbacks, and the only paper currency is a small number of treasury notes for large amounts. The Hawaiian Archipelago In America during the Civil War paper currency was issued and made legal tender. Round the World Why not have an unlimited paper currency? or a decimal system and coinage? or a one-pound note? Without Prejudice Again he called for the bottle, again he filled his glass, again he carelessly displayed his handful of paper currency. The Winds of Chance In what form the best paper currency can be supplied to a country is a question of economical theory with which I do not meddle here. Lombard Street : a description of the money market Neither could the circumstances of America admit of system, till either the paper currency was fixed or laid aside. Writings of Thomas Paine — Volume 1 (1774-1779): the American Crisis Those metals are said to have become more abundant in America, since the suppression of some of their paper currencies. An Inquiry into the Nature and Causes of the Wealth of Nations She would not have sent the familiar paper currency of the United States that way; but, this money was in Argentine notes. The Re-Creation of Brian Kent The French and British armies circulated immense sums of money in gold and silver coin, which had the effect of driving out of circulation the wretched paper currency which had till then prevailed. The Fathers of the Constitution; a chronicle of the establishment of the Union Bullion is the cash' of international trade; paper currencies are of no use there, and coins pass only as they contain more or less bullion. Lombard Street : a description of the money market That was now a dead issue, for on January 1, 1879, resumption became an accomplished fact, and the paper currency was worth its face value in gold. The Agrarian Crusade; a chronicle of the farmer in politics "All wealth," says he, "was tangible and real till paper currency was introduced." Critical and Historical Essays — Volume 2 The pile of paper currency occupied the whole table. The Gambler Then we had a paper currency and dangerous inflation, now we are on a gold standard and with an excellent banking and credit system. My Memories of Eighty Years The gold of the country is hiding itself as though it had returned to its mother earth, and the infancy of a paper currency has been commenced. North America — Volume 2 At one moment the energetic minister conceived the project of creating a fictitious capital by inflating the paper currency; but this idea proved unpopular. Russia Your paper currency has already depreciated much and will depreciate more and more; all bonds and notes, State and National, issued to continue this fratricidal war will be whirled into the common vortex of repudiation. Autobiography of Andrew Dickson White — Volume 1 |
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