Word: moneyed
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Dates: during 1890-1899
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...quantity theory of the value of money sound...
With the invasion of Spain by the Moors began a renewal of silver mining which soon extended to Germany and Austria. Still, the amount of money was insufficient and this lack tended to demoralize industry during the Middle Ages...
...Crusades brought about a great improvement for they were the means of bringing to Europe the immense amounts of gold hoarded in the East. The good results of the renewed coining of gold were marred, however, by the fact that much debased money was issued by different governments...
...very little fortune. Johnson was besides encumbered by several pensioners, even poorer than he, whose misfortunes had excited his pity. "The Rambler," "The Lives of the Poets," and the Dictionary-finished in 1755 after a Jacobean struggle of seven years-had brought the doctor fame, but comparatively little money. In 1759, however, came a pension of three hundred pounds from the government and it is from the subsequent brighter days of leisure and competence, when Johnson was able to go about the world of London and indulge his passion for talk, that we know him best. Boswell is the clear...
...force of arms not only had Rome acquired possession of nearly all the mines throughout the world, but a large proportion of the gold and silver produced during the past centuries. Mr. Jacob estimates the stock of money in the empire on the Accession of Augustus at L385,000,000 sterling. The Romans, however, were unskilled in mining. They adopted a system of "farming" the mines which greatly reduced their productiveness, as only the best ores were extracted and the works were of a temporary nature. The mines were worked by slaves and convicts. Suddenly the Barbarians appeared...