Word: billing
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Dates: during 1890-1899
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...monetary difficulties of the present were forecast by the opponents of the bill authorizing the notes. At the time of the issue, too, it was stated that these notes would be redeemed and retired as soon as the war pressure was over. They were not intended to be a permanent part of the currency, and in issuing them and thus keeping them in circulation, we are violating the wishes and nullifying the intentions of those who made the law authorizing the issue...
...Since the silver dollar actually possesses some intrinsic value, it furnishes a much more insidious temptation to inflation than do the legal tender. This fact it proved conclusively by recent events; for, although the demand for paper inflation has died out, only a few days ago a free coinage bill passed the United States Senate. So we see that the proposition of our opponents, while it would not remove the danger of inflation, it would direct the inflation movement into a channel a thousand times more dangerous to all the business interests of the country...
speech of ex-Gov. Robinson; H. C. Lodge, p. 16.- (1) They are not a radical change: Biennial Elections, Mr. Pierce, p. 22.- (5) They do not infringe upon the "bill of rights": Biennial Elections, p. 9, Argument of Mr. E. H. Haskell.- (3) They do not curtail the franchise.- (x) The franchise is just as great whether it is exercised every year or every other year.- (b) They create a greater interest; Biennial Elections, Mr. Haskell, pp. 12, 13; ex-Gov. Robinson, pp. 43, 44.- (1) Elections assume more importance.- (2) People have more time to devote to politics...
Meanwhile the United States had continued to coin silver at the ratio 16:1, as provided by the Act of 1876. In 1890 the Sherman Bill, providing for the monthly purchase of 4,500,000 ounces of silver and a corresponding issue of currency, was passed. In 1892 a conference was arranged to be held at Brussells, which but for the unreasonable delay of the United States might have accomplished much. But while the United States delayed for political reasons, Lord Salisbury, Mr. Goshen, then chancellor of the exchequer, and other bimetallists were defeated at the polls, and the English...
...United States the coinage of silver dollars was stopped by legislation in 1873. From this time dates the agition of the "Silver Question." Silver was, however, remonetized by the Bland Bill of 1878. In so far, the step was a wise one, but the unfortunate clause, providing for a minimum coinage of two millions per month was disastrous. The United States was thus made to act as receiver of the surplus foreign silver. Furthermore, this bill had the effect of confusing the whole question, creating the false impression that its evils were due to the principle of bimetallism...