Word: macedonia
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Dates: during 1890-1899
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...conditions under which, down to that time, the production of the precious metals had been carried on. Gold had already begun to lose its character as treasure, and take on its character as money. Gold to the value of L40,000,000 sterling was carried by Alexander into Macedonia, and from Macedonia it was carried by Paullus to Rome. Suddenly, violently, the whole mass accumulated unpper non-economic principles came under the control of economic law. The effect upon prices was enormous. It was characteristic of the Roman People that this effect was turned to evil...