Word: acted
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Dates: during 1890-1899
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...either on the afternoon of June 25 or the morning of June 26, over a two-mile course. The course will be identical with that used by the 'varsity crews on June 26. It is probable that either Mr. Richards or George L. Rives, an old Columbia oarsman, will act as referee...
...Bimetallism. His subject for the evening was: "France and the United States from the Close of the Eighteenth Century to the Gold Discoveries of 1848-1851." The lecturer first outlined the history of the relative changes in the value of gold and silver in France, showing that the act of 1808, which provided for the free coinage of silver at a ratio of 15.5 to 1, was successful in maintaining a stable monetary basis in Europe...
...America bimetallism has never had a fair trial, partly because of the small amount of specie in existence. The act of 1789, in making the ratio 15 to 1 enabled us to get cheap silver from Mexico and the Indies, but threw gold aside. It was underbidding the ratio which should have been upheld. Again the act of 1834, the "Gold Bill," as it was called, making the ratio 16 to 1, went to the other extreme and drove all the silver out of the country. The United States acting merely for itself, instead of joining forces with France, made...
General Walker now directed his attention to England at this period. Before the close of the seventeenth century her monetary literature was enriched by the writings of such men as Somers, Montague, Locke, and Newton. In 1666 and act of Charles II opened the mint to coinage of both metals gratuitously. This law continued in force till 1798. It was the policy of the government to treat gold as subsidiary to silver, and leave the guinea to find its own value in silver money...
...late; twenty years of the outgo of silver had taken away her power to exercise this check. The discovery of the mines of Brazil still further reduced the value of gold in relation to silver, and facilitated the progress of England toward a predominant gold-circulation. In 1816 an act was passed making gold the sole legal tender for large payments...