A Coin Catechism |
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12 cents 24 cents 50 cents alleged bank bill Bushels capita cent less cheaper metal Chicago COIN CATECHISM coinage of silver coinage ratio Congress cotton creased culation currency debt demands of trade depositors depreciated double duties effect exchange expense exported face value farm products fractional silver free coinage free silver gold and silver gold coins gold standard greatly holders increase issued J. K. UPTON labor mainly market rate measured by gold Mexico millions mint coined mints modities number of dollars paid parity payment pound price of silver purchasing power ratio of 15 reduced one-half revenues Secretary Senate shown silver bullion silver coins silver dollars silver pieces silver standard Spanish dollar specie circulation specific standard of value tained tion trade dollars Treasury notes unit of account United States notes valuation wages wealth WERNER COMPANY wheat worth
Popular passages
Page 55 - ... the established policy of the United States to maintain the two metals on a parity with each other...
Page 25 - In consequence of a representation from the director of the Bank of the United States that considerable purchases have been made of dollars coined at the mint for the purpose of exporting them, and as it is probable further purchases and exportations will be made...
Page 20 - Dollars, or units ; each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and foursixteenth parts of a grain of pure, or four hundred and sixteen grains of standard, silver.
Page 24 - B. said, that the false valuation put upon gold had rendered the mint of the United States, so far as the gold coinage is concerned, a most ridiculous and absurd institution. It has coined...
Page 53 - Treasury should purchase not less than two million nor more than four million dollars' worth of silver bullion monthly, and coin it as purchased.
Page 54 - This certifies that there has been deposited in the Treasury of the United States of America in silver payable to the bearer on demand.
Page 55 - Treasury notes, which were to be redeemable in either gold or silver at the discretion of the Secretary of the Treasury.
Page 37 - To the honorable Senate and House of Representatives of the United States in Congress assembled : The memorial of the subscribers respectfully represents that there .is a vast amount of manuscript material relating to American history in the public archives of Great Britain, Holland, France, and Spain, and other European states, and in libraries and private collections in...
Page 31 - Probably not, but whatever the purpose, silver was taken out of circulation under the operation of the new ratio as effectually as if its further coinage had been prohibited under the penalty of death, and those voting for the measure understood that such would be the result, and when it came they did not plead ignorance or refer to the act as the crime of 1834.
Page 43 - It was printed thirteen times by order of Congress; it was considered during five different sessions of the Senate and House, the debates thereon in the Senate occupying 66 and in the House 78 columns of the Congressional Globe, and it was not finallypassed until February 12, 1873.