Word: rebuff
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Dates: during 1890-1899
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This fall's lesson is, then, not a rebuff, bitter though its, disappointment has been. On the contrary, it should encourage perseverance. If we have the heart to stick to it, with dogged energy and conservatism, ultimate success is inevitable...
...instance cited by the negative, that England had successfully floated paper legal tender, and pointed out the danger, under the present system, of persuading the public that a government can create money. He then showed that the present notes are not actually redeemable, and quoted as an example a rebuff experienced by a Baltimore company trying to redeem notes at Washington...