Word: silver
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Dates: during 1890-1899
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...arranged in groups of four of about equal strength. To the winner in each group will be given a silk banner as a college trophy; and each member of the winning team will be given a gold watch. The prizes for members of the team finishing second will be silver cups. If but three colleges are entered in any group no second prizes will be given. If but two are entered the prizes will be silver cups...
...reality is not so bad as the sound; for although there is a wealth of allusions, there is little in the elasical literature of antiquity that bears importantly upon the subject. The Hebrew Scriptures abound in these allusiouns. Abraham paid the children of Heth four hundred shekels of silver of the cave of Machpelah. Job says, "Surely there is a vein for silver; the earth hath dust of gold." In the book of Daniel there is an account of the great image which Nebuchadnezzar set up on the plains of Dura, three score cubits in height and six cubits...
...this, however, contributes little towards understanding the nature and uses of money; still less towards comprehending the relations between gold and silver in the performance of that function. Until more is known about the cave of Machpelah than history has banded down, the statement that Abraham paid four hundred shekels for it throws but a faint light on the purchasing power of money in his time; while the proud boast that King Solomon "made silver to be in Jerusalem as stones," though enough to make Senators Jones and Stewart rank infidels, does not even suggest a ratio...
...motive to continued production on the same scale. The new metal going into circulation drowns the mines, or all but the mines. Such is the economic condition under which the production of the precious metals is carried on. In the early ages the production was non-economic. Gold and silver were regarded...
...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...