Author: Hoke Smith
Publisher:
ISBN:
Category : Bimetallism
Languages : en
Pages : 24
Book Description
Speech of Hon. Hoke Smith at Jefferson, Ga., Tuesday, August 6, 1895
SPEECH OF HON HOKE SMITH AT JE
Author: Hoke 1855-1931 Smith
Publisher:
ISBN: 9781373951625
Category : History
Languages : en
Pages : 20
Book Description
Publisher:
ISBN: 9781373951625
Category : History
Languages : en
Pages : 20
Book Description
Speech of Hon. Hoke Smith, at Jefferson, Ga;, Tuesday, August 6, 1895 (Classic Reprint)
Author: Hoke Smith
Publisher: Forgotten Books
ISBN: 9780656205349
Category : Business & Economics
Languages : en
Pages : 32
Book Description
Excerpt from Speech of Hon. Hoke Smith, at Jefferson, Ga;, Tuesday, August 6, 1895 In a short time it was found that 16 to 1 was not a correct ratio between the value of silver and gold, but that 16 grains of silver were worth more than 1 grain of gold. The Gresham law, the principle for which I am contending, at once came into play and Silver went out of circulation. We went to the gold standard, and silver, if coined at all, was coined for exportation, the object being simply te designate by the stamp of the Government the fact that a piece of silver bullion marked a dollar had 371} grains of silver in it. A silver dollar could be melted down and sold, when melted, for about three cents more than its value as coined money. This fact caused great scarcity in small change, because even the half dollars and the quarters were worth more for bar silver than for money at their coined value. In 1853 it became, therefore, necessary to lessen the amount of silver put in to halves and quarters so that they would not be melted into bar silver. This was done, and all Silver of denominations less than a dollar after 1853 were made subsidiary Silver. That is to say, they were good for the payment of debts only to a limited amount, namely, five dollars. NO man could compel another to accept eleven silver half dollars in payment of five dollars and a half Of debts or in payment of any sum above five dollars. In 1876 subsidiary silver was made legal tender to the amount of $10. 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.
Publisher: Forgotten Books
ISBN: 9780656205349
Category : Business & Economics
Languages : en
Pages : 32
Book Description
Excerpt from Speech of Hon. Hoke Smith, at Jefferson, Ga;, Tuesday, August 6, 1895 In a short time it was found that 16 to 1 was not a correct ratio between the value of silver and gold, but that 16 grains of silver were worth more than 1 grain of gold. The Gresham law, the principle for which I am contending, at once came into play and Silver went out of circulation. We went to the gold standard, and silver, if coined at all, was coined for exportation, the object being simply te designate by the stamp of the Government the fact that a piece of silver bullion marked a dollar had 371} grains of silver in it. A silver dollar could be melted down and sold, when melted, for about three cents more than its value as coined money. This fact caused great scarcity in small change, because even the half dollars and the quarters were worth more for bar silver than for money at their coined value. In 1853 it became, therefore, necessary to lessen the amount of silver put in to halves and quarters so that they would not be melted into bar silver. This was done, and all Silver of denominations less than a dollar after 1853 were made subsidiary Silver. That is to say, they were good for the payment of debts only to a limited amount, namely, five dollars. NO man could compel another to accept eleven silver half dollars in payment of five dollars and a half Of debts or in payment of any sum above five dollars. In 1876 subsidiary silver was made legal tender to the amount of $10. 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.
SPEECH OF HON. HOKE SMITH, AT JEFFERSON, GA;, TUESDAY, AUGUST 6, 1895
Author: HOKE. SMITH
Publisher:
ISBN: 9781033395752
Category :
Languages : en
Pages : 0
Book Description
Publisher:
ISBN: 9781033395752
Category :
Languages : en
Pages : 0
Book Description
Speech Delivered by Honorable Hoke Smith at the Atlanta Memorial Exercises to Honorable William Jennings Bryan
Speech of the Honorable Hoke Smith
Author: Hoke Smith
Publisher:
ISBN:
Category : Neutrality
Languages : en
Pages : 14
Book Description
Publisher:
ISBN:
Category : Neutrality
Languages : en
Pages : 14
Book Description
Speech...
How the Market Price of Cotton was Forced Down by the War Boards in the Fall of 1918
An Address by Hoke Smith, Delivered on July 18th, 1913, Before the Legislature of the State of Georgia
Author: Hoke Smith
Publisher:
ISBN:
Category : Legislation
Languages : en
Pages : 22
Book Description
Publisher:
ISBN:
Category : Legislation
Languages : en
Pages : 22
Book Description
Reports
Author: International Typographical Union
Publisher:
ISBN:
Category : Printers
Languages : en
Pages : 1086
Book Description
Publisher:
ISBN:
Category : Printers
Languages : en
Pages : 1086
Book Description