"Paper currency" Quotes from Famous Books
 ... furnishing a paper circulation for commercial transactions, was as bold and magnificent as it has proved successful. Nothing less than the national credit is sufficiently solid and enduring to be the basis of a paper currency throughout the vast extent of our country. It is eminently fit that this perfect solidarity of the central government with those who furnish paper money for the people of every locality, should be required and maintained on a proper basis. But the currency thus ...
— Continental Monthly, Vol. 5, Issue 2, February, 1864 • Various
... Note, silver certificate [obsolete], gold certificate [obsolete]; long bit, short bit [U.S.]; moss, nickel, pile*, pin money, quarter [U.S.], red cent, roanoke[obs3], rock*; seawan[obs3], seawant[obs3]; thousand dollars, grand[coll.]. [types of paper currency, U.S.] single, one-dollar bill; two-dollar bill; five-dollar bill, fiver[coll.], fin [coll.], Lincoln; ten-dollar bill, sawbuck; twenty-dollar bill, Jackson, double sawbuck; fifty-dollar bill; hundred-dollar bill, C-note. ...
— Roget's Thesaurus
... of March 14, 1900, put our paper currency, save the silver certificates, and also all national bonds, upon a gold basis, providing an ample gold reserve. Silver certificates were to replace the treasury notes, and gold certificates to be issued so long as the reserve was not under the legal minimum. ...
— History of the United States, Volume 5 • E. Benjamin Andrews
... in the increase of pay? Are the curates to be secluded from their bishops, by holding out to them the delusive hope of a dole out of the spoils of their own order? Are the citizens of London to be drawn from their allegiance by feeding them at the expense of their fellow-subjects? Is a compulsory paper currency to be substituted in the place of the legal coin of this kingdom? Is what remains of the plundered stock of public revenue to be employed in the wild project of maintaining two armies to watch over and to fight with each other? If these are the ends and means of the Revolution Society, ...
— Selections from the Speeches and Writings of Edmund Burke. • Edmund Burke
... Kentucky, the eminent Chancellor dissenting. There was scarcely a Republican lawyer or a Republican judge in the country who doubted the constitutional power of Congress to impose such a quality upon the paper currency if, in the opinion of Congress, the public safety should ...
— Autobiography of Seventy Years, Vol. 1-2 • George Hoar
... millions of human lives were sacrificed; three hundred billion dollars' worth of property was destroyed; more than two hundred billion dollars of indebtedness was added to the burden that the world was already carrying. The paper currency of the nations was swollen from seven billions to fifty-six and the gold reserve dwindled from seventy ...
— In His Image • William Jennings Bryan
... along in his superb manner, looking right over the heads of the congregation, and disdaining to cast a glance at the "filthy lucre" that was being heaped up in the box which from obedience he carried. What were silver and gold, let alone the cheap paper currency of the times, to him, who had given up wealth and princely rank to become a religious! Yet, in fact, they were a great deal, since they meant help for the needy—a church built, a hospital for the sick poor. In this sense none appreciated more ...
— Apples, Ripe and Rosy, Sir • Mary Catherine Crowley
... Batesville that I became enlightened as to the western paper currency, which was fortunate, as I purchased one hundred and forty dollars in "shin plasters," as they call them, for an English sovereign; and for my travelling expenses they answered just as well. In the White River ferry-boat I met with one of those itinerant ...
— Monsieur Violet • Frederick Marryat
... which had increased in this unsettled state of affairs; the third, encouraging the bringing provisions for his army; the fourth, creating a currency of such metal as he had, conceiving it preferable to a paper currency (a gold or silver currency was out of his power, for of the two millions promised him by France, he only got L150,000); the fifth proclamation summoned a parliament for the 7th ...
— Thomas Davis, Selections from his Prose and Poetry • Thomas Davis
... be found in the correspondence of the emigrants. The substitution in 1827 of the English for the Dutch language in the colonial courts of law was certainly generally felt as a grievance. The alteration in 1813 of the system of land tenure, the redemption in 1825 of the paper currency at only thirty-six hundredths of its nominal value, and the abolition in 1827 of the courts of landdrost and heemraden, unquestionably caused much dissatisfaction, though all of these measures are now admitted by everyone to have been beneficial. The long delay ...
— The Transvaal from Within - A Private Record of Public Affairs • J. P. Fitzpatrick
... be, The writer's being [Footnote: The participle may be modified not only, as here, by a noun in the possessive but by the articles a and the—-as said in Lesson 37. Whether it be the imposing a tax or the issuing a paper currency.—Bagehot. Not a making war on them, not a leaving them out of mind, but the putting a new construction upon them, the taking them from under the old conventional point of view.—Matthew Arnold. Poltroonery is the ...
— Higher Lessons in English • Alonzo Reed and Brainerd Kellogg
... indeed put but a scepter of straw in the legislative hand of the Confederation—what wonder that it soon wore a crown of thorns! The paper currency ere long dissolved to nothingness; for four days the army was without food, and whole regiments drifted from the ranks of our hard-pressed defenders. "I see," said Washington, "one head gradually changing into thirteen; I see one army gradually branching into thirteen, ...
— America First - Patriotic Readings • Various
... if there's a further depreciation of the paper currency, we shall none of us have much chance of digesting or assimilating either—if I know at all ...
— The Shaving of Shagpat • George Meredith
... such is not our intention. We aim at experience in the particular centres in which alone it is evil. We avoid classification. We do not deny it. But when a man is classified something is lost. The majority of mankind live on paper currency: they use terms which are merely good for so much reality, ...
— Eeldrop and Appleplex • T.S. Eliot
... in our terms. I believe indeed, that if my 100 louis d'or could have been poured from a bag upon the table, as "argent-comptant," the owner of the MS. could not have resisted the offer: but he seemed to think that, if paper currency, in the shape of a bill, were resorted to, it would not be prudent to adopt that plan unless the sum of 120l. were written upon the instrument. The conference ended by the MS. being carried back to be again deposited in the family where it had so long taken up its abode. It is, however, ...
— A Bibliographical, Antiquarian and Picturesque Tour in France and Germany, Volume Three • Thomas Frognall Dibdin
... French among the Indians.... War with the savages.... Peace.... Controversy with the governor.... Decided in England.... Contests concerning the governor's salary.... The assembly adjourned to Salem.... Contest concerning the salary terminated.... Great depreciation of the paper currency.... Scheme of a land bank.... Company dissolved by act of Parliament.... Governor Shirley arrives.... Review of ...
— The Life of George Washington, Vol. 1 (of 5) • John Marshall
... joined by the troops who had conquered Burgoyne, his own reputation, the reputation of his army, the opinion of Congress and of the nation required some decisive blow on his part; and that the rapid depreciation of the paper currency, by which the resources for carrying on the war were dried up, rendered indispensable some grand effort to bring it to a ...
— Life And Times Of Washington, Volume 2 • John Frederick Schroeder and Benson John Lossing
... three hundred thousand men in the field, and successfully to resist, in some cases, the advance of the Federal Army. While these resources lasted, while the blockade was ineffective, while the Confederacy could produce men to replace all who fell, while a paper currency and scrip could be floated, and while the nation hesitated to put forth its strength, the South was able to maintain a strong front, although driven successively from Maryland, Missouri, Kentucky, Western Virginia, and Tennessee, ...
— The Atlantic Monthly, Volume 10, Number 60, October 1862 • Various
... treasure in the world,' said Sidonia, 'because we use paper currency; and there is not less passion than of old, though it is bon ton to ...
— Coningsby • Benjamin Disraeli |
