Word: america
(lookup in dictionary)
(lookup stats)
Dates: during 1890-1899
Sort By: most recent first
(reverse)
...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...
Lecture. Bimetallism since the Discovery of America. VI. The International Conference of 1867.- The "Demonitization" of Silver in 1873. Francis A. Walker, LLD. Lecture Room of the Fogg Museum...
...interests of the United States to prevent acquisition of territory in South America by European powers.- (1) Such acquisition would constitute a danger in time of war.- (a) Establishment of coaling stations and occupation of positions of strategic importance would be a menace.- (2) "Entangling alliances" would necessarily result.- (3) Interest in the Nicaragua Canal should be maintained.- (4) Principal rather than the amount of acquisition is dangerous...
Lecture. Bimetallism since the Discovery of America. IV. France and the United States from the Close of the 18th Century to the Gold Discoveries of 1848-51. Francis A. Walker, LL. D. Lecture Room of the Fogg Museum...
...time of the discovery of America gold stood to silver at the ratio of 1 to 11. But as the mining industry of New Mexico and Peru assumed importance, there was a vast preponderance of silver among the metallic supplies. Not till after 1660 did the proportion of silver to gold by weight fall below 40 to 1. The reason why so great an increase of silver did not diminish its value in terms of gold was because silver was a metal which the world greatly needed. It was in an overwhelming degree the world's money. The expansion...