Word: trades
(lookup in dictionary)
(lookup stats)
Dates: during 1890-1899
Sort By: most recent first
(reverse)
...eighth and last lecture in the course on "Bimetallism" was given by Gen. Walker last evening. He began by reviewing at some length the substance of the ground covered in former lectures. He then traced the effects produced on the industry and trade of oriental nations by the demonetization of silver in other countries. While in other countries silver had fallen to one-half its former value, in the east its value remained almost constant. Oriental countries held silver as their greatest metal. This tended to discourage other nations in their trade with the orient. As a consequence, industry...
...main advantage to be gained by bimetallism is the establishment of an approximate par of exchange between the gold-using and the silver-using nations. The group of nations which stand midway between these two, bind them together by the so-called "bimetallic link," which is invaluable in steadying trade...
...commercial activity is so great that it extends to all parts of the world.- (b) The natives soon imitate the conduct of traders who come among them and-(c) Traders do all they can to bring education in some form to them in order that they may learn to trade fairly and to the best advantage of all concerned.- (d) The hunt for new fields for investment and for colonization carries with it Christianity and civilization which the surrounding natives will eventually, of their own accord, and consequently more effectively, adopt...
...fall below 40 to 1. The reason why so great an increase of silver did not diminish its value in terms of gold was because silver was a metal which the world greatly needed. It was in an overwhelming degree the world's money. The expansion of the Oriental trade which resulted would have been impossible, or would have been long delayed but for the great monetary revolution through which the world was then passing...
...discovery of America and the importation of gold and silver in great quantities, made it once more possible to carry on trade to advantage...