The Fifty-Cent Dollar
| Preis: | 13.95 EUR* (inkl. MWST zzgl. Versand - Preis kann jetzt höher sein!) |
| Versand: | 0.00 EUR Versandkostenfrei innerhalb von Deutschland |
| Partner: | buecher.de |
| Hersteller: | Forgotten Books (Carothers, Neil W.) |
| Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from The Fifty-Cent Dollar: A Brief History of the Financial Agitation, Legislation and Condition of the United States, From 1890 to 1895 In 1873 silver was demonetized in the United States; that is, silver was denied the right to be coined into money at the mints. Some say this legislation was procured surreptitiously and criminally. However this may be, it is at least certain that the real character of the legislation was unknown to a majority of those responsible for it, including the President himself, General Grant, who approved the act. Neither gold nor silver was then in circulation - paper currency being the almost exclusive circulating medium - and it was sometime before the legislation in question attracted public attention and concern. The financial question in this country had previously been; not how to reduce our money supply, but rather how sufficiently and legitimately to increase it. in order to keep pace with our rapid development and growing commerce. It was far from the minds of the masses to imagine that silver would be demonetized, and it was correspondingly difficult afterwards for them to believe that it had been done. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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