Author: Francis Wrigley HirstPublisher:
ISBN:
Category : Currency question
Languages : en
Pages : 64
Book Description
The Paper Moneys of Europe
Author: Francis Wrigley HirstPublisher:
ISBN:
Category : Currency question
Languages : en
Pages : 64
Book Description
The Paper Moneys of Europe Their Moral and Economic Significance
Author: Francis Wrigley HirstPublisher: Createspace Independent Publishing Platform
ISBN: 9781548414221
Category :
Languages : en
Pages : 44
Book Description
THEIR MORAL AND ECONOMIC SIGNIFICANCE No more severe reflection could be passed upon the moral and political capacity of the human species than this: Five thousand years after the invention of writing, three thousand after the invention of money, and (nearly) five hundred since the invention of printing, governments all over the world are employing the third invention for the purpose of debasing the second; thereby robbing millions of innocent individuals of their property on a scale so extensive that previous public confiscations of private property through the adulteration of money-in ancient Rome, in Ireland under James the Second, in Prussia during the Seven Years' War, in the American colonies and the United States, in Portugal, in Greece, in various republics of Central and South America, even the assignats of the French Revolution-seem pigmy frauds in comparison with the present vast inundation of counterfeit paper money. In these times, when so much attention is given to what I may call the prehistoric history of mankind, it would ill become me, a mere adventurer in anthropology, to discuss the origin of money or to attempt an explanation of the curious fact that the art of coining money was invented and perfected a thousand years before the art of printing. The coins struck by the best cities of ancient Greece are a model and a reproach to our modern mints; and being for the most part of good silver, they fulfilled the two main functions of currency-as a measure of value and a medium of exchange. Silver was well adapted for the purposes of currency by its ductility, durability, divisibility, portability, and value. Its value depended on three things. In the first place, it was scarce; in the second, it was much in demand for the arts and manufactures; and in the third place, its intrinsic value was increased and stabilized by the needs and demands of the mints. Gold had similar qualifications, but it was too scarce and too precious until the nineteenth century, in the course of which (for reasons which I need not enter upon here), most of the great commercial nations adopted a gold standard. Copper possessed in a less degree the qualifications of gold and silver, but it was the first metal to be coined into money in ancient Rome. The Roman as or pondo weighed a Roman pound of good copper, therefore possessed the two principal attributes of good money, a definite weight and a definite fineness. It was divided like our troy pound into twelve ounces of good copper. The English Troyes or Troy pound was first used in the English mint in the time of Henry the Eighth. Edward the First's pound sterling was a Tower pound of silver of a definite fineness. Charlemagne's livre was a Troyes pound of silver of definite fineness. The old English Scotch pence or pennies contained originally a real pennyweight of silver, one twentieth of an ounce and one two hundred and fortieth of a pound. The famous pre-war English sovereign, now demonetized and misrepresented by the depreciated paper pound, was itself also a weight; but the twenty shillings and two hundred and forty pence which exchanged for it were token coins depending for their value upon the gold sovereign....
The Paper Moneys of Europe; Their Moral and Economic Significance
Author: Francis Wrigley HirstPublisher: Hardpress Publishing
ISBN: 9781290880787
Category :
Languages : en
Pages : 66
Book Description
Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.
The Paper Moneys of Europe
Author: Francis Wrigley HirstPublisher: Forgotten Books
ISBN: 9781528572798
Category : Business & Economics
Languages : en
Pages : 56
Book Description
Excerpt from The Paper Moneys of Europe: Their Moral and Economic Significance In these times, when so much atten tion is given to what I may call the pre historic history of mankind, it would ill become me, a mere adventurer in anthro. 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.
The Paper Moneys of Europe, Their Moral and Economic Significance
Author: Francis W. HirstThe Paper Moneys of Europe: Their Moral and Economic Significance
Author: Francis W. HirstPublisher: Good Press
ISBN:
Category : Fiction
Languages : en
Pages : 34
Book Description
Written around a century ago, this work provides an exciting basis for understanding the concept of money and sheds light on the financial issues in Europe at the time. A must-read for anyone enthusiastic about history and finance.
The Papir Moneys of Europe
Author: Francis W. HirstThe Paper Moneys of Europe
Author: Francis W. HirstPublisher: Alpha Edition
ISBN: 9789357382762
Category : Social Science
Languages : en
Pages : 0
Book Description
The Paper Moneys of Europe, has been considered important throughout human history. In an effort to ensure that this work is never lost, we have taken steps to secure its preservation by republishing this book in a modern format for both current and future generations. This complete book has been retyped, redesigned, and reformatted. Since these books are not scans of the authors' original publications, the text is readable and clear.
The Paper Moneys of Europe
Author: Francis Wrigley HirstPublisher: Createspace Independent Publishing Platform
ISBN: 9781505356892
Category :
Languages : en
Pages : 52
Book Description
"[...]scrupled, for the sake of robbing their creditors, to confer on all other debtors a licence to rob theirs, by the shallow and impudent artifice of lowering the standard; that least covert of all modes of knavery, which consists in calling a shilling a pound, that a debt of a hundred pounds may be cancelled by the payment of a hundred shillings. It would have been as simple a plan, and would have answered just as well, to have enacted that "a hundred" should always be interpreted to mean five, which would have effected the same reduction in all[...]".
Author: Publisher: Univ of California Press
ISBN:
Category :
Languages : en
Pages : 248
Book Description