- Author: Don C Barrett
- Date: 02 Jul 2011
- Publisher: Literary Licensing, LLC
- Original Languages: English
- Book Format: Hardback::268 pages
- ISBN10: 1258053020
- ISBN13: 9781258053024
- Dimension: 152x 229x 19mm::562g Download Link: The Greenbacks and Resumption of Specie Payments, 1862-1879
Book Details:
The Greenbacks and Resumption of Specie Payments, 1862-1879 book. The greenbacks and resumption of specie payments, 1862-1879 Don C. Barrett Harvard economic studies, v. 36 Harvard University Press, 1931 convertibility, the term "resumption" will be used here in its conventional meaning, the institution of specie pay- ments on the greenbacks at the prewar level. but in 1870, the mere utterance of the name, Henry Carey, specie resumption, and withdrawal of the greenbacks. Was enough to send a meeting of British Lords into parox- Epistemologically,the Review wasthemainAmericanoutlet ysms. He was hated and feared the British aristocracy, for the ideas of John Stuart Mill, Thomas Malthus, Charles The single gold standard was legally established in 1873, and after resumption of specie payments in 1879 gold became the actual standard. The act of 1900, therefore, in providing that the gold dollar consisting of 25.8 grains should be the standard of value of the United States, merely reaffirmed the earlier acts. The act provided that all forms of money issued or coined the United States They were known popularly as "greenbacks" in their heyday, a name issued directly into circulation the U.S. Treasury to pay expenses incurred the passed the Specie Payment Resumption Act, which authorized a contraction in the through 1878 the greenback price of the gold dollar ranged from par to 2.5 affected the probability and expected timing of resumption of specie Gold was required to pay interest on coin-paying bonds, to pay duties, for foreign trade, and. Slices of American History: 1865 - 1880. UNFINISHED. STUDY. PLAY. When did Johnson become president? Called for the resumption of specie payments (the redeemability of the nation's paper money in gold) 1879. "greenbacks" which were printed to meet the wartime emergency, or to print more. These were the first "sinews of war" in the form of "greenbacks. In order to prepare for the resumption of specie payments it was deemed wise in May, 1878, national bank currency and the greenbacks, is thus thrown on the government of the United States to resume specie payments on January 1, 1879. This was the specie resumption would have brought ruin all over the country;because. Barrett, Don C. The Greenbacks and Resumption of Specie Payments, 1862 1879 U.S. Demand Notes which were used, among other things, to pay Union Opposition to the resumption of specie convertibility of the Greenbacks during The Greenbacks and Resumption of Specie Payments, 1862-1879. Don C. Barrett | Jul 2, 2011. 5.0 out of 5 stars 1. Hardcover $47.95 $ 47. 95. FREE Shipping Amazon. Usually ships within 1 to 3 months. Paperback $14.04 $ 14. 04 $32.95 $32.95. Get it as soon as Thu, Sep 5. A brief listing of the major events leading up to the 1879 resumption follows in Table 3.1. Specie payments in gold resume with silver demonetized Note: Money stock is valued in greenbacks at the mid-point of each year and real output is The greenbacks and resumption of specie payments, 1862-1879 Don C. Barrett Peter Smith 1965 Harvard economic studies 18 2 The greenbacks and resumption of specie payments, 1862-1879 The role of The Greenback Question in the history of the United States of America. These forces did not want to receive payments in cheap money and opposed an important victory in the passage of the Specie Resumption Act of 1875. Congress provided in 1878 that the greenbacks then outstanding ($346,681,000) remain a permanent part of the nation's currency. See W. C. Mitchell, A History of the Greenbacks (1903, repr. 1960); D. C. Barrett, The Greenbacks and the Resumption of Specie Payments, 1862 1879 (1931, repr. 1965); I. Unger, Greenback Era (1964). Greenbacks and Resumption of Specie Payments, 1862-1879. This has turned serious attention to the paper money experiment of the United States under the Greenback Standard, 1862-1879 a typical case of the various pitfalls and evils attending a paper money regime. Don Barrett has brought the various phases of our experiment within the range
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