Money in Politics
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In our eReader you can find the full English version of the book. Read Money in Politics Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Money in Politics
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The coinage act of April 2, 1792, which em- bodied the recommendations of Mr. Hamilton, pro- vided for the manufacture of certain gold coins, as follows : Eagles, each to be of the value of ten units or dollars, and to contain 247A grains of pure gold, or 270 grains of standard, thus making these coins eleven-twelfths fine ; and half-eagles and quarter-eagles, of the same fineness and of proportional weight. The act also provided for the coinage of silver dollars or units, each to be of the val...ue of the Spanish milled dollar, con- taining 371] grains of pure silver, or 41G grains of standard silver ; and of halves, quarters, and dimes or tenths, of the same fineness and propor- tionate weight. Coinage of both gold and silver coin was to be free to all persons bringing bullion to the mint for that purpose. All the coins were to be legal tender in all payments for their face value.
171 172 MONEY IN POLITICS.
The legal relation in weight of pure gold to pure silver was thus fixed by this act at 1 to 15.
What to read after Money in Politics?
You can find similar books in the "Read Also" column, or choose other free books by J K Jacob Kendrick Upton to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The coinage act of April 2, 1792, which em- bodied the recommendations of Mr. Hamilton, pro- vided for the manufacture of certain gold coins, as follows : Eagles, each to be of the value of ten units or dollars, and to contain 247A grains of pure gold, or 270 grains of standard, thus making these coins eleven-twelfths fine ; and half-eagles and quarter-eagles, of the same fineness and of proportional weight. The act also provided for the coinage of silver dollars or units, each to be of the val...ue of the Spanish milled dollar, con- taining 371] grains of pure silver, or 41G grains of standard silver ; and of halves, quarters, and dimes or tenths, of the same fineness and propor- tionate weight. Coinage of both gold and silver coin was to be free to all persons bringing bullion to the mint for that purpose. All the coins were to be legal tender in all payments for their face value.
171 172 MONEY IN POLITICS.
The legal relation in weight of pure gold to pure silver was thus fixed by this act at 1 to 15.
What to read after Money in Politics?
You can find similar books in the "Read Also" column, or choose other free books by J K Jacob Kendrick Upton to read onlineMoreLess
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