History of Monetary Systems a Record of Actual Experiments in Money Made By Var
History of Monetary Systems a Record of Actual Experiments in Money Made By Var
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In other yeai-s the ratio fell between these extremes (" Eep. U. S. I\Ion. Com. , " 1876, i, p. 192. " One hundred and fifty million currency thalers retained in the circulation ; but the legal-tender of all other silver coins limited to 20 marks, or 6| thalers, in any one payment.
GERMANY. 393 It must be remembered that for a great portion of the period embraced in this table we are dealing not -with one government and one law, but with many governments and '. Many laws, and it should be read ...with allowances. The legal or mint ratios shown in the first column are mainly those of Prussia and the North German Bund ; the first ones (llf and 13^ fori) were fixed by Charles V, and the second (15i for 1) by the mint laws of the Bund in 1865. During the interval 1790 to 18G6 there appears to have • been no legal ratio in Prussia, and the value of gold ' followed the conflict ratio, which, however, was mainly governed by the Spanish and French mint ratios of 15^, established in 1775, 1785, and 1803, The Hamburg (and approximately the Lubeck) mint ratio during most of this period was 14"8 for 1 ; but as gokl coins were not legal- tender, they followed the conflict which resulted fi-om the mint ratios adopted by the principal coining states of the period, namely, Spain, England, and France.
What to read after History of Monetary Systems a Record of Actual Experiments in Money Made By Var?
You can find similar books in the "Read Also" column, or choose other free books by Del Mar, Alexander, 1836-1926 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In other yeai-s the ratio fell between these extremes (" Eep. U. S. I\Ion. Com. , " 1876, i, p. 192. " One hundred and fifty million currency thalers retained in the circulation ; but the legal-tender of all other silver coins limited to 20 marks, or 6| thalers, in any one payment.
GERMANY. 393 It must be remembered that for a great portion of the period embraced in this table we are dealing not -with one government and one law, but with many governments and '. Many laws, and it should be read ...with allowances. The legal or mint ratios shown in the first column are mainly those of Prussia and the North German Bund ; the first ones (llf and 13^ fori) were fixed by Charles V, and the second (15i for 1) by the mint laws of the Bund in 1865. During the interval 1790 to 18G6 there appears to have • been no legal ratio in Prussia, and the value of gold ' followed the conflict ratio, which, however, was mainly governed by the Spanish and French mint ratios of 15^, established in 1775, 1785, and 1803, The Hamburg (and approximately the Lubeck) mint ratio during most of this period was 14"8 for 1 ; but as gokl coins were not legal- tender, they followed the conflict which resulted fi-om the mint ratios adopted by the principal coining states of the period, namely, Spain, England, and France.
What to read after History of Monetary Systems a Record of Actual Experiments in Money Made By Var?
You can find similar books in the "Read Also" column, or choose other free books by Del Mar, Alexander, 1836-1926 to read onlineMoreLess
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