The Physics And Metaphysics of Money With a Sketch of Events Relating to Money
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The value measure of gold coins was esti- mated with more accuracy than in the mining dis- tricts, but that of silver was not, except at the banks. No merchant refused India rupees as equivalents of half dollars Several private assaying and gold- coining establishments sprang up at San Francisco, and one at Salt Lake City, to meet the exigencies of the Pacific coast trade. The Mormon coins of nominal five- and ten-dollar pieces, and those of similar de- nomination issued by two or three concern...s at San Francisco, were bankable at face value, although none ^^conformed to the government standard of fineness, and only those of one establishment contained a full measure of fine gold. In i85i the government established an assay office at San Francisco which coined the octagonal fifty- dollar ingots commonly called "slugs. " Each piece contained a fifty-dollar measure of gold, stamped with the srovernment certificate of its weight and fineness. THE PI/YSICS AND METAPHYSICS OF MONEY. 21 The " Pioneers, " who kept no bank account, com- plained that the "confounded things" wore out their pockets ; but they were a great conv^enience to trade, and served as the principal money in large transactions for many months.
What to read after The Physics And Metaphysics of Money With a Sketch of Events Relating to Money?
You can find similar books in the "Read Also" column, or choose other free books by Rodmond Gibbons to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The value measure of gold coins was esti- mated with more accuracy than in the mining dis- tricts, but that of silver was not, except at the banks. No merchant refused India rupees as equivalents of half dollars Several private assaying and gold- coining establishments sprang up at San Francisco, and one at Salt Lake City, to meet the exigencies of the Pacific coast trade. The Mormon coins of nominal five- and ten-dollar pieces, and those of similar de- nomination issued by two or three concern...s at San Francisco, were bankable at face value, although none ^^conformed to the government standard of fineness, and only those of one establishment contained a full measure of fine gold. In i85i the government established an assay office at San Francisco which coined the octagonal fifty- dollar ingots commonly called "slugs. " Each piece contained a fifty-dollar measure of gold, stamped with the srovernment certificate of its weight and fineness. THE PI/YSICS AND METAPHYSICS OF MONEY. 21 The " Pioneers, " who kept no bank account, com- plained that the "confounded things" wore out their pockets ; but they were a great conv^enience to trade, and served as the principal money in large transactions for many months.
What to read after The Physics And Metaphysics of Money With a Sketch of Events Relating to Money?
You can find similar books in the "Read Also" column, or choose other free books by Rodmond Gibbons to read onlineMoreLess
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