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Paper money   /pˈeɪpər mˈəni/   Listen
Paper money

noun
1.
Currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie.  Synonyms: folding money, paper currency.






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"Paper money" Quotes from Famous Books



... of natural and historical curiosities, and many of its houses are now well stocked with such things. Among these collections we may mention Mr. Geo. R. Curwen's antique family portraits, china, clothing, and furniture; Mr. M.A. Stickney's rare coins, old paper money, and books, autographs, etc.; Mr. H.F. Waters's rare ancient furniture (Mr. Waters is now in London, engaged in historical research in reference to American families); Mr. John Robinson's remarkable collection of Chinese coins, and scarce ...
— The Olden Time Series, Vol. 4: Quaint and Curious Advertisements • Henry M. Brooks

... in the Southern states of the Mississippi Valley. The opening of the Civil War swept this trade away and left on the books of the firm in Cincinnati many accounts not then collectible. The continuance of the war and the constant fluctuations in the price of materials, due to the use of paper money, joined to advancing age and ill health, all combined to lead Mr. Smith to withdraw ...
— A History of the McGuffey Readers • Henry H. Vail

... contemplated the regulation with a view to unity of the monetary system of the east, where great masses of coarse silver money—much of which too easily admitted of being debased or worn away—and to some extent even, as in Egypt, a copper coinage akin to our paper money were in circulation, and the Syrian commercial cities would have felt very severely the want of their previous national coinage corresponding to the Mesopotamian currency. We find here subsequently the arrangement that the -denarius- has everywhere legal currency and is the only medium of official ...
— The History of Rome (Volumes 1-5) • Theodor Mommsen

... the appropriation of so large a part of the income from the import and excise taxes to the payment of interest on the state debt was met by the appropriation of one-third of those taxes to government expenses. To be sure the Legislature had refused to provide for the emission of any more paper money, and this, in the opinion of many, was unpardonable but it had shown a disposition to make up in some degree for this failure by passing a law to establish a mint in Boston. These concessions practically ...
— The Duke of Stockbridge • Edward Bellamy

... clear and unmistakable, but its personal choice and the tone of its declarations would determine how bold a stand it would take before the country. Would it openly proclaim the doctrine of paying the public debt in depreciated paper money, and emphasize its action by nominating Mr. George H. Pendleton, the most distinct and conspicuous champion of the financial heresy? Would it attempt a discussion and review of its tendency and designs, and make what would approach a new departure, in appearance if not in fact, by going outside ...
— Twenty Years of Congress, Volume 2 (of 2) • James Gillespie Blaine

... the incense. Chia Ch'ang and Chia Ling distributed the hassocks and looked after the receptacles for the ashes of joss-sticks. The black clad musicians discoursed music. The libation-cups were offered thrice in sacrifice. These devotions over, paper money was burnt; and libations of wine were poured. After the observance of the prescribed rites, the band stopped, and withdrew. The whole company then pressed round dowager lady Chia, and repaired to the main hall, where the images were placed. The embroidered ...
— Hung Lou Meng, Book II • Cao Xueqin

... would have furnished far better grounds than exist at present for that gloomy representation of our condition which has been presented. Mr. Speaker has alluded to the strong inclination which exists, or has existed, in various parts of the country, to issue paper money, as a proof of great existing difficulties. I regard it rather as a very productive cause of those difficulties; and the committee will not fail to observe, that there is, at this moment, much the loudest complaint of distress ...
— The Great Speeches and Orations of Daniel Webster • Daniel Webster

... accounts there is not even the will to govern well and make the new Austria into a going concern. Hence arises the economic problem of Austria, which is certainly grave. Here is a State which persistently refuses to live on its income, and prints off paper money to make up its deficiency. A highly expensive bureaucracy five times as large as is needed for little Austria pays itself first, and as for the rest of the population the devil can take the hindmost. The money-printing press works night ...
— Europe—Whither Bound? - Being Letters of Travel from the Capitals of Europe in the Year 1921 • Stephen Graham

... it only palaces which Marco Polo describes, for he tells of the great canal and inland river trade of China, the exports and imports at its harbours, the paper money, the system of posts and caravanserais, which linked it together. He gives an unsurpassed picture of that huge, rich, peaceful empire, full of wealth and commerce and learned men and beautiful things, and of its ruler Kublai Khan, one of the noblest monarchs who ever ...
— Medieval People • Eileen Edna Power

... money. He was always jingling silver in his pocket. Gold was rather scarce just then in Witanbury, but whenever Anna saw a half-sovereign, she always managed somehow to get hold of it. In fact she kept a store of silver and of paper money for that purpose, for she knew that Mr. Head, as he was now universally called, would give her threepence over its face value if it was ten shillings, and fivepence if it was a sovereign. She had already made several shillings in this very ...
— Good Old Anna • Marie Belloc Lowndes

... Europe all of the various countries supplied were called on to pay for the food at cost, plus transportation, to the extent of their possibilities. Gold, if they had it—all of Germany's supply was paid for in gold—paper money at current exchange, government promissory notes, and commodities which could be sold to other countries, made up the payments. The charity was in making loans, providing the food, getting ships and barges and ...
— Herbert Hoover - The Man and His Work • Vernon Kellogg

... under a bondage from which none dared to emancipate himself by omitting the prescribed rites. Night after night, at the medium's command a table was spread at the cross-roads, on which were laid the fantastic foods suitable to the requirements of the departed spirit. Gold and silver paper money was plentifully burned, crackers were fired, and following the medium, a party of men left to place earthen bowls containing grains at various ...
— The Fulfilment of a Dream of Pastor Hsi's - The Story of the Work in Hwochow • A. Mildred Cable

... parish minister, may be conveyed in very few words. In lieu of what was due him under the law for his year's services, namely, 16,000 pounds of tobacco, the market value of which for the year in question proved to be about L400 sterling, it compelled him to take, in the paper money of the colony, the sum of about L133. To make matters still worse, while the tobacco which was due him was an instant and an advantageous medium of exchange everywhere, and especially in England whence nearly all his merchant supplies were obtained, this paper money that ...
— Patrick Henry • Moses Coit Tyler

... Los Angeles dry of paper money," Andy Green asserted facetiously, thumbing his small fortune gloatingly. "Holding out anything for yourself, Luck? We don't want to ...
— The Heritage of the Sioux • B.M. Bower

... therefore deserving of special punishment. But even those regions which had been touched but little or not at all by military operations were laboring under dire distress. The Confederate money in the hands of the Southern people, paper money signed by the Confederate government without any security behind it, had by the collapse of the Confederacy become entirely worthless. Only a few individuals of more or less wealth had been fortunate enough to save, and to keep throughout the war, small hoards of gold and silver, which ...
— McClure's Magazine, Vol. 31, No. 1, May 1908 • Various

... kinder one; besides his own declarations coincide with it. There was what is called a Bullion Committee in 1811, and another in 1819, Sir Robert (then Mr.) Peel being chairman of the latter. The former was called Mr. Hooner's Committee. In 1819, speaking of the inconvertible paper money, he recanted his views of 1811, as his opinions with regard to the question had undergone "a material change." "He had," he said, "voted against Mr. Hooner's resolutions in 1811, he would now vote for them if they were brought forward." In his Memoirs, speaking of ...
— The History of the Great Irish Famine of 1847 (3rd ed.) (1902) - With Notices Of Earlier Irish Famines • John O'Rourke

... on occasion; I made the ink; I was warehouse man and everything, and in short quite a factotum." Nevertheless, he was dismissed before long by his incompetent employer, who, however, was glad to re-engage him a few days later on obtaining a job to print some paper money for New Jersey. Thereupon Franklin contrived a copperplate press for this job—the first that had been seen in the country—and cut the ornaments for the bills. Meantime Franklin, with one of the apprentices, had ordered a press and types from ...
— Four American Leaders • Charles William Eliot

... in town, or at least at Hammersmith. He is writing or going to write in the Courier against Cobbett, and in favour of paper money. ...
— The Works of Charles and Mary Lamb, Vol. 5 • Edited by E. V. Lucas

... regard to the whereabouts of the treasure, each member should pay to the spirits, through Mr. Rogers, who would kindly act as agent, the sum of twelve pounds. And, moreover, this must not be paid in the paper money then current in New Jersey, which was called "loan money", and which would not pass outside of the State, but in gold or silver. When every member had paid in his twelve pounds, then the party would be led to the ...
— Stories of New Jersey • Frank Richard Stockton

... money is all good now, but its value must not further be threatened. It should all be put on an enduring basis, not subject to easy attack, nor its stability to doubt or dispute. Our currency should continue under the supervision of the Government. The several forms of our paper money offer, in my judgment, a constant embarrassment to the Government and a safe balance in the Treasury. Therefore I believe it necessary to devise a system which, without diminishing the circulating medium ...
— Messages and Papers of William McKinley V.2. • William McKinley

... some time thereafter. They were in the nature of promissory notes, issued by the authority of the state, and on the credit of the state, and put in circulation by the continental congress and the states as money. This paper money, having no funds set apart to redeem it, became almost worthless. Bank bills issued upon the credit of private individuals, do not come under the prohibition. It is also held that the prohibition does not apply to the notes or bills of a state bank, drawn on the credit ...
— The Government Class Book • Andrew W. Young

... feeling in the province was one of suspicion, and the combination of financial and legislative monopoly was certainly dangerous. Soon some other citizens endeavoured to found another bank and to have it regularly incorporated by provincial charter, with the proviso that all paper money issued by it should be redeemable in coin. The directors of the Halifax Banking Company fought this proposal fiercely, both in business circles and in the Council, arguing that as the balance of trade was against Nova Scotia, there would rarely be enough 'hard money' in the province ...
— The Tribune of Nova Scotia - A Chronicle of Joseph Howe • W. L. (William Lawson) Grant

... National Government in connection with the currency of the country is to coin money and declare its value. Grave doubts have been entertained whether Congress is authorized by the Constitution to make any form of paper money legal tender. The present issue of United States notes has been sustained by the necessities of war; but such paper should depend for its value and currency upon its convenience in use and its prompt redemption in coin at the will of the holder, and not ...
— Messages and Papers of the Presidents, Vol. VIII.: James A. Garfield • James D. Richardson

... course,) have been created. The currency is now at 22 per cent. discount as compared with gold, and further depreciation is apprehended. (It has since reached 50 per cent. discount.) It is modelled on our American paper money, and is actually printed in New York. Let us hope that Japan may soon be able to follow the Republic farther by making it convertible—as good as gold. Notwithstanding its wide "base"—in short, our greenbackers' "base"—it doesn't seem to work ...
— Round the World • Andrew Carnegie

... his hand in his pocket and pulls out a lot of fine cut, and some keys and a knife and some paper money, and says he: ...
— The Man Next Door • Emerson Hough

... on to a lifeless market when Hawtrey walked out of the mortgage jobber's place of business in the railroad settlement one bitter afternoon. He had a big roll of paper money in his pocket, and was feeling particularly pleased with himself, for prices had steadily fallen since he had joined in the bear operation Edmonds had suggested, and the result of it had proved eminently satisfactory. This was why he had just given the latter a further draft on Wyllard's bank, ...
— Hawtrey's Deputy • Harold Bindloss

... childhood. Some way had always been provided, and she had a sort of blind faith that some way always would be. Mr. Jocelyn also had fallen into rather soldier-like ways, and after being so free with Confederate scrip, with difficulty learned the value of paper money of a ...
— Without a Home • E. P. Roe

... was promulgated. The Finance Minister, during 1916, was still Turkish, but the official immediately under him was a German. He was authorised to deposit with the Controllers of the Ottoman National Debt German Imperial Bills of LT30,000,000, and to issue German paper money to the like amount. This arrangement insures the circulation of the German notes, which are redeemable by Turkey in gold two years after the declaration of peace. Gold is declared to be the standard currency, and no creditor is obliged to accept in payment of a ...
— Crescent and Iron Cross • E. F. Benson

... reached St Johns towards the end of April the commissioners sent on a courier to announce their arrival and prepare for their proper reception in Montreal. But the ferryman at Laprairie positively refused to accept Continental paper money at any price; and it was only when a 'Friend of Liberty' gave him a dollar in silver that he consented to cross the courier over the St Lawrence. The same hitch occurred in Montreal, where the same Friend of ...
— The Father of British Canada: A Chronicle of Carleton • William Wood

... more attractive than platinum, but is of little use in the laboratory. It has been found in recent years to be so much more abundant than gold that its value has decreased greatly as a commercial article. In our country when coined it has, like paper money, been given a value ...
— The Western United States - A Geographical Reader • Harold Wellman Fairbanks

... "On February twelfth your father left money, marked coin and paper money, as if by accident, on the top of the liquor cabinet; not exposed, but dropped in under the edge of the big ash tray so it might look as though it were ...
— The Million-Dollar Suitcase • Alice MacGowan

... of the lake frontier of the United States, better than Rochester, a more manufacturing mill-power place; a specimen of what enterprise, energy, and paper money credit can do: a specimen of the border population, where hatred to England reigns supreme among the lower classes, and where a residence of six months would quite cure any English ultra-radical destructive of good education; an ultra-radical destructive ...
— Canada and the Canadians, Vol. 2 • Richard Henry Bonnycastle

... in addition to the coinage of silver, the issuance of paper money in two, five, and ten peso notes. All of the coins and bills were readily interchangeable with the United States coins in common use, the dollar being worth two pesos, the half dollar one peso, the twenty-five cent piece a half peso, the ten-cent ...
— The Philippines: Past and Present (vol. 1 of 2) • Dean C. Worcester

... nature of money has not changed. Its material and form and denominations have been modified but the functions of money as a storage of values and as a measure of values and as a medium of exchange remain the same. Our gold and silver and paper money may be more convenient and more exact, but its functions are just the same as the ...
— Usury - A Scriptural, Ethical and Economic View • Calvin Elliott

... me, that things stood precisely as they did before the receipt of the dispatches from London and Vienna. There was, evidently, a great disappointment at not getting money from England. That they want, is certain; nor do the ministers, I believe, know how to get it. Their paper money is at forty per cent. discount. I long ago told the queen, I did not think Mr. Pitt would go to parliament, and ask money of the country, in the present moment; that, if England saw every exertion made, in this country, to save themselves, John Bull was never backward in supporting his friends ...
— The Life of the Right Honourable Horatio Lord Viscount Nelson, Vol. I (of 2) • James Harrison

... hand lay on her lap; the thumb of it began to move against the forefinger rapidly, the motion a woman makes in feeling the texture of cloth—or the trick of a bank clerk separating paper money. ...
— No Clue - A Mystery Story • James Hay

... of collecting old newspapers as of playing the miser with it. That is probably the true secret of the fall in the value of money. Economists explain it in other ways. But it seems likeliest that paper money lost its value because we did not value it. Shopkeepers took advantage of our foolish innocence, and the tailor demanded sums in paper that he would never have dared to ask in gold. I doubt if the habit of thrift will ever be restored till the gold ...
— The Pleasures of Ignorance • Robert Lynd

... "bivouacked" with his tail round your office and threatened to "kill you as he would a fly." Mr. Brassey managed notwithstanding to illustrate the civilizing power of railways by teaching the Basques the use of paper money. ...
— Lectures and Essays • Goldwin Smith

... been in trouble, or rather if she had known the troubles he had been through, and which had made his crooked mouth shut so firmly, Rachel might possibly have been able to give him something more valuable than the paper money of her friendship. But Dick was obviously independent. He could do without her, while Hugh had a claim upon her. Rachel's thoughts turned to Hugh again and ever again. Did he see his conduct as she saw it? A haunting fear ...
— Red Pottage • Mary Cholmondeley

... and as such the Yankees are bound to supply us with all necessaries, and consequently any one sending us aid or comfort or provisions from the country will be severely punished. Only Moore is fool enough for such an order. Held down by the Federals, our paper money so much trash, with hardly any other to buy food and no way of earning it; threatened with starvation and utter ruin, our own friends, by way of making our burden lighter, forbid our receiving the means of prolonging life, and after generously warning us to leave town, which ...
— A Confederate Girl's Diary • Sarah Morgan Dawson

... have his arrangements with the men in his corner cinched at last to his satisfaction. He walked a little unsteadily across the room, apparently to make his peace with Suliman ben Saoud. He held brazenly in one hand a leather wallet that bulged with paper money—doubtless the "documents" that he had sent for. He nodded to me as he passed with more familiarity than he had any right to, since he had so ostentatiously dismissed me to the dogs. I suppose he felt so sure of "convincing" Suliman ben Saoud, and was so bent on offsetting ...
— Jimgrim and Allah's Peace • Talbot Mundy

... Assembly resolved to issue a paper currency for which the newly acquired lands should serve as security. Of these assignats, as this paper money was called, we hear a great deal during the revolutionary period. They soon began to depreciate, and ultimately a great part of the forty billions of francs issued during the next seven years ...
— An Introduction to the History of Western Europe • James Harvey Robinson

... sudden plunge downward, and in every incompleted contract, great and small, the robbery of Peter to pay Paul is to be fore-ordained. The whole measure looks to me like a fearful assault upon the public credit. The losses it will inflict upon the holders of paper money and many others will be large, and if the bill, without further radical amendments, obtains the approval of the Senate, it will give the death-blow to the cardinal policy of the country, which now seeks a large reduction of the rate of interest upon our national ...
— American Eloquence, Volume IV. (of 4) - Studies In American Political History (1897) • Various

... anticipation, and the expenses to meet were 200,251,447 livres. In 1709 a famine reduced still more the returns from taxes. Yet Desmarets's reputation renewed the credit of the state, and financiers consented to advance money they had refused to the king. The emission of paper money, and a reform in the collection of taxes, enabled him to tide over the years 1709 and 1710. Then Desmarets decided upon an "extreme and violent remedy," to use his own expression,—an income tax. His "tenth" was based on Vauban's plan; but the ...
— Encyclopaedia Britannica, 11th Edition, Volume 8, Slice 2 - "Demijohn" to "Destructor" • Various

... his bankroll." The speaker was evidently a miner, for he carried a bulky pack upon his shoulders. He placed a heavy palm over the back of Phillips' hand, then extracted from the depths of his overalls a fat roll of paper money. ...
— The Winds of Chance • Rex Beach

... government. "Ask an American if a certain act be constitutional," says Paine, "he pulls out his pocket volume, turns to page and verse, and gives you a correct answer in a moment." Poor Mr. Paine! if you had lived fifty years longer, you would have seen that paper constitutions, like the paper money you despised so justly, depend upon honesty and confidence for their value, and are at a sad discount in hard times of fraud and corruption. Unprincipled men find means of evading the written agreement upon their face by ingenious subterfuges ...
— Atlantic Monthly, Vol. 4, No. 21, July, 1859 • Various

... supply; that the medium of exchange should be of material so plentiful that blind nature or designing men cannot reduce the supply of it below the government demand for it; that the money so created should be durable, easy of transportation, and difficult of counterfeiting; that paper money is the easiest of transportation, the most difficult to be counterfeited, and in a sense the most durable, because so easily replaced when lost; that to base the medium of exchange upon value is as effectual ...
— The Arena - Volume 4, No. 21, August, 1891 • Various

... and a knowledge of the power and bravery of its enemy. Both had serious burdens to bear, which, for many years to come, would be painful reminders of the past. Austria, to cover the expenses of the war, had invented paper money, and had flooded the empire with millions of coupons. Prussia had coined base money, and all the employes of the state had received notes, which were nicknamed "Beamtenscheine." After the war these notes were exchanged for this base currency, which soon ...
— Joseph II. and His Court • L. Muhlbach

... Mississippi Scheme which, in 1719, was at the height of its stock-jobbing success, gave glorious accounts of fortunes made in a night, and of thousands who had become rich and were living in unheard of luxury. Schemes were floated on every possible kind of ventures, and so plentiful was the "paper money" that nothing was too absurd for speculators. All these schemes, which soon came to nought, went, later, by the name of "Bubbles," and this essay of Swift's touches the matter ...
— The Prose Works of Jonathan Swift, D.D., Vol. VII - Historical and Political Tracts—Irish • Jonathan Swift

... of a few months he purchased fourteen titled estates, paying for them in paper; and the public hailed these sudden and vast acquisitions of landed property as so many proofs of the soundness of his system. In one instance he met with a shrewd bargainer, who had not the general faith in his paper money. The President de Novion insisted on being paid for an estate in hard coin. Law accordingly brought the amount, four hundred thousand livres, in specie, saying, with a sarcastic smile, that he preferred paying in money as ...
— The Crayon Papers • Washington Irving

... depreciated since the panic of 1857, they were the money of the people when the Civil War began. Before the end of 1861 the banks gave up the pretense of redeeming their notes in coin. The United States Treasury suspended the payment of specie early in 1862, and thereafter for seventeen years the paper money in circulation depended for its value on the hope that it would some day ...
— The New Nation • Frederic L. Paxson

... having had the strength to resist the Bolshevik troops, Poland is now in a state of permanent anarchy; consumes and does not produce; pays debts with a fantastic bigness and does not know how to regulate the incomings. No country in the world has ever more abused paper currency; her paper money is probably the most greatly depreciated of any country on earth. She has not succeeded in organizing her own production, and now tends to dissolve ...
— Peaceless Europe • Francesco Saverio Nitti

... infinitesimal piece of stolen toilet soap for a not infinitesimal price, and were rationed as to washing soap and matches. The currency on board was a very mixed one, consisting of Japanese yen, both in silver and paper money, English, Spanish, and German silver, and German canteen tokens—all marked S.M.S. Victoria Louise—ranging in value from ...
— Five Months on a German Raider - Being the Adventures of an Englishman Captured by the 'Wolf' • Frederic George Trayes

... cried a man with a frock-coat and a straw hat. "Blest if I've got a single coin left—nothing but paper money. That's good enough for me. I ...
— Punch, or the London Charivari, Vol. 156, June 11, 1919 • Various

... universe is really a paying concern, or whether it is an inflated bubble that must burst sooner or later, this is another matter. If people were to demand cash payment in irrefragable certainty for everything that they have taken hitherto as paper money on the credit of the bank of public opinion, is there money enough behind it all to stand so great a drain even on so great a reserve? Probably there is not, but happily there can be no such panic, for even ...
— The Humour of Homer and Other Essays • Samuel Butler

... as far as abstract economic theory is concerned. Activity in that department was confined to Webb and myself. Later on, Pease's interest in banking and currency led him to contribute some criticism of the schemes of the currency cranks who infest all advanced movements, flourishing the paper money of the Guernsey Market, and to give the Society some positive guidance as to the rapid integration of modern banking. But this was an essay in applied economics. It may be impossible to draw a line between the old abstract deductive economics and ...
— The History of the Fabian Society • Edward R. Pease

... count as many as Sixty Places of Dancing. (Mercier. ii. 124.) The Playwright manufactures: pieces of a strictly Republican character. Ever fresh Novelgarbage, as of old, fodders the Circulating Libraries. (Moniteur of these months, passim.) The 'Cesspool of Agio,' now in the time of Paper Money, works with a vivacity unexampled, unimagined; exhales from itself 'sudden fortunes,' like Alladin-Palaces: really a kind of miraculous Fata-Morganas, since you can live in them, for a time. Terror is as a sable ground, on which the most variegated ...
— The French Revolution • Thomas Carlyle

... effects of Mississippi, South Sea, and such schemes were not owing to an abuse of paper money or credit, in making it a means for idleness and gaming, instead of a motive and help ...
— The Querist • George Berkeley

... the acquaintance of Mdlle. Roche. Meetings were appointed by post-card—always in Patty's hand if the initiative were female; they took place three or four times a week. As it was now necessary for Eve to make payments on her own account, Hilliard despatched to her by post a remittance in paper money, and of this no word passed between them. Three weeks later he again posted the same sum. On the morrow they went by river to St. Cloud—it was always a trio, Hilliard never making any other proposal—and the steam-boat afforded Eve ...
— Eve's Ransom • George Gissing

... and then to turn round and advocate "ten cents per day" for poor folks and laboring men? It will look rather bad; but, then, Sag Nicht Democracy can go any thing! This old "ten cents per day" champion of Democracy advocated, in so many words, the reduction of all paper money prices to the real Cuba standard of solid money! We take extracts from his speech, which will be found in the Appendix to the ...
— Americanism Contrasted with Foreignism, Romanism, and Bogus Democracy in the Light of Reason, History, and Scripture; • William Gannaway Brownlow

... fall was so serious that the man remained lying stunned till the cook and a stable-boy ventured forth at dusk from their hiding-places and picked him up. But by that time the mob had departed, carrying off the tin box, which they supposed to be full of paper money. Some distance from the house, in the middle of a field, they broke it open. They found in side documents engrossed on parchment and the two crosses of the Legion of Honour and For Valour. At the sight ...
— A Personal Record • Joseph Conrad

... Saturday night's sale. One had elderly raisins, another had a few potatoes. We found some onions, bought another cooking pot and kitchen necessaries, and packed them in the carts which had arrived in the town. Nobody would take paper money unless we bought ten francs' worth. After waiting an hour and a half we hunted down the colonel. The telephone official told us he had got leave from the Government. At last we found him in the mayor's office, bristling with papers ...
— The Luck of Thirteen - Wanderings and Flight through Montenegro and Serbia • Jan Gordon

... though that were a joke. Well, it was something of a joke. Stubby got ten cents a week out of his paper money. The ...
— Lifted Masks - Stories • Susan Glaspell

... are oftentimes great lies. They are the paper money of society, for which, on demand, there frequently proves to be no gold in the ...
— Many Thoughts of Many Minds - A Treasury of Quotations from the Literature of Every Land and Every Age • Various

... Islington to Holloway;' the verb is intransitive: if, 'I gallopped my horse from Islington to Holloway;' it is transitive."—Churchill's Gram., p. 238. "The reasonableness of setting a part one day in seven."—The Friend, Vol. iv, p. 240. "The promoters of paper money making reprobated this act."—Webster's Essays, p. 196. "There are five compound personal pronouns, which are derived from the five simple personal pronouns by adding to some of their cases the syllable ...
— The Grammar of English Grammars • Goold Brown

... horror of those fermented drinks which are part of the food of civilised mankind. Doubtless many persons take an extreme line on this matter solely because of some calculation of social harm; many, but not all and not even most. Many people think that paper money is a mistake and does much harm. But they do not shudder or snigger when they see a cheque-book. They do not whisper with unsavoury slyness that such and such a man was "seen" going into a bank. I am quite convinced that the English aristocracy is the curse of England, but I have not noticed ...
— George Bernard Shaw • Gilbert K. Chesterton

... part of the letter was an essay on inflated and depreciated currency, applied personally, the argument based on the three following points: There having been no money in the country, Congress had been unable to avoid the issuance of paper money. The only way to obtain and retire this immense amount of depreciated paper money was to obtain real money. Real money could be obtained in one way only,—by a foreign loan. He then elaborately disposed of the proposed insane methods of applying this projected loan which were agitating ...
— The Conqueror • Gertrude Franklin Atherton

... answer the public expence, which were to be sunk in three years by a duty laid upon liquors, skins, and furs. In this measure all parties acquiesced, as it fell easy on private persons, at the same time that it satisfied the public creditors. This was the first paper money issued in Carolina, and, for five or six years after the emission, it passed in the country at the same value and rate with the sterling money of England. How, in process of time, it increased in quantity and sunk in value; how it was deemed useful by debtors and prejudicial ...
— An Historical Account Of The Rise And Progress Of The Colonies Of South Carolina And Georgia, Volume 1 • Alexander Hewatt

... the token in question in 1809, carried on the business of bankers in Guernsey under the style of "The Guernsey Bank." This Bank was in existence for about ten years in the beginning of the present century, and was, I am told, the first to issue paper money (L1 notes) in Guernsey. It came to grief, however, ...
— The Coinages of the Channel Islands • B. Lowsley

... securities shall be removed by the enemy which can serve as a pledge to the allies for the recovery or repatriation for war losses. Immediate restitution of the cash deposit in the National Bank of Belgium, and in general immediate return of all documents, specie, stocks, shares, paper money, together with plant for the issue thereof, touching public or private interests in the invaded countries. Restitution of the Russian and Roumanian gold yielded to Germany or taken by that power. This gold to be delivered in trust to the allies ...
— America's War for Humanity • Thomas Herbert Russell

... the work of the German financial agents. Warburg, the Hamburg banker, is attached to the German legation in Stockholm. So skilfully has he managed his task, that Swedish firms and Swedish banks have been induced to take German paper money, commercial paper and securities instead of gold, in return for copper, rubber, tin, food, fats, wool and supplies and in this way the Swedish business men, by the touch of self-interest, have been made to ...
— Face to Face with Kaiserism • James W. Gerard

... was pleased as Punch? It was a siller dollar I gie'd him, for it was awa' oot west this happened, where they dinna have the paper money so much ...
— Between You and Me • Sir Harry Lauder

... Keep him close to you and tell no one. Paper money has funny ways." Hugh then prophesied that in a year his wealth in a mass ...
— My Neighbors - Stories of the Welsh People • Caradoc Evans

... employers of labour, paid away considerable sums weekly in wages. But those were times of paper money. All coin was scarce, and in some villages a piece of gold would not be seen in a twelvemonth. Martin and his father paid for labour in part by orders on their own shops; for the rest, and at first for convenience rather than profit, they set up ...
— Shining Ferry • Sir Arthur Thomas Quiller-Couch

... had with him only his clothing and what was left of the wad of paper money from his father's cashbox still pinned to the inside of ...
— The Fourth R • George Oliver Smith

... elicited no comment from dowager lady Chia. Chia Chen therefore withdrew downstairs, and betook himself outside to make arrangements for the offerings to the gods, for the paper money and eatables that had to be burnt, and for the theatricals about to begin. So we will leave him without any further allusion, and take ...
— Hung Lou Meng, Book II • Cao Xueqin

... money right after the Civil War—paper money gotten out by the United States Government and supposed to be good. The Confederate money was no good but this money—these 'shin plasters' as they were called—was good money issued by the government. They did away with it and called it all in. You could get more for it now than it is worth. ...
— Slave Narratives: a Folk History of Slavery in the United States From Interviews with Former Slaves - Arkansas Narratives Part 3 • Works Projects Administration

... comprehension, because each receives only very little; because the universal friend is too obtuse to mind anybody's faults, and too obtuse, also, to mind anybody's great virtues? In short, do not such women pay people merely in the paper money of attention, which can be multiplied at pleasure, rather than in the gold coin of sympathy, of which the ...
— The Countess of Albany • Violet Paget (AKA Vernon Lee)

... of good money in the County and industry was paralyzed. The gold and silver that remained was carefully hoarded, and for months none was in circulation except in the towns. The people had no faith in paper money of any description and thought that greenbacks would become worthless in the same way as had Confederate currency. All sense of values had been lost, which fact may account for the fabulous and fictitious prices obtaining in the South ...
— History and Comprehensive Description of Loudoun County, Virginia • James W. Head

... opportunity to get himself rubber-stamped on behalf of the nation; which on general principles was a good thing, because a large number of people at that time indulged the fiction that as the Government was paying its debts, a good way to do it would be to print more paper money. It was the Finance Minister's opportunity to instruct us, that the Government was not paying debts—but making it possible to pay wages. Unless the surplus of every man's earnings was invested in Victory Bonds there would shortly be no big industries ...
— The Masques of Ottawa • Domino

... a little sack at my side with Zodangan money. The medium of exchange upon Mars is not dissimilar from our own except that the coins are oval. Paper money is issued by individuals as they require it and redeemed twice yearly. If a man issues more than he can redeem, the government pays his creditors in full and the debtor works out the amount upon the ...
— A Princess of Mars • Edgar Rice Burroughs

... particulars concerning his habits, which were pretty much to the effect of those I have already mentioned. He had never suffered an account to stand in his life, always providing the money before he purchased anything; and, if possible, paying in gold and silver. He had a great dislike to paper money, and seldom went without a considerable sum in gold about him. On my observing that it was a wonder he had never been waylaid and robbed, the young fellow smiled at the idea of any one venturing upon such an exploit, for I believe he thinks the old man would ...
— Bracebridge Hall • Washington Irving

... we have (except for some obsolescent survivals) separated the function of issuing paper money from that of keeping current accounts, so we shall separate the function of keeping current accounts from that of money-lending. The habit of the British banker of combining in one and the same concern (a) ...
— War-Time Financial Problems • Hartley Withers

... they did not understand. Not understanding them, they sought in vain to direct the course of events, were exasperated at their failure, and finally committed every species of violence. They decreed that the paper money known as assignats should be accepted as the equivalent of gold, and all their threats could not prevent the fictitious value of such money falling almost to nothing. They decreed the law of the maximum, and it merely increased the evils it was intended ...
— The Psychology of Revolution • Gustave le Bon

... dried and salted. baile, dance. barra, bar of wood or iron. batea, a wooden basin corresponding to the gold-pan. bejuco, thin filament, growing on tropical trees. Also, vine. bendita virgen, Blessed Virgin. bien, well. bien pues, well, then. billetes, bank notes, government notes, paper money. bodega, warehouse. Also, depot, supply house, cellar. boga, boatman, rower. boveda, vault, or arched enclosure. Burial vault, tomb. bueno, good. buen ...
— Carmen Ariza • Charles Francis Stocking

... thousand francs in ducats, and I made him my friend, as he thanked me for receiving the moneys in ducats, and he doubtless made a profit on the transaction, gold being a commodity in Holland, and all payments being made in silver or paper money. ...
— The Memoires of Casanova, Complete • Jacques Casanova de Seingalt

... the celebrity's first impressions of New York—a confused blend of bouquets, automobiles, newspaper interviewers, incredibly high buildings, sumptuous luncheons, barbaric lavishness, bad road surfaces, frenetic hospitality, wild expenditure of paper money—I think it would be more interesting perhaps, certainly more instructive, to have the first impressions of the immigrant, who lands with five pounds, and it may be a wife and a child or two. Then there is the immigrant from the same end of the ship who is not allowed to land, who is rejected ...
— The Record of Nicholas Freydon - An Autobiography • A. J. (Alec John) Dawson

... thought it, and he enlisted the aid of Thomas Jefferson. The result was that when Clark set out on his return journey, it was with orders not only to defend Kentucky, but to attack Kaskaskia and the other British posts, and he carried with him L1,200 in paper money, and an order on the commander of Fort Pitt for such boats and ...
— American Men of Action • Burton E. Stevenson

... it. I am here, he would say, to be the measure and judge of these things. Why should I take them on trust? And, therefore, what he says of religion, of passion, of marriage, of manners, property, of paper money, of periods or beliefs, of omens, of luck, or whatever else, refuses to ...
— Representative Men • Ralph Waldo Emerson

... odour. They are not nice things to put in your pocket! I speak of those of moderate value, say 100 dollars. I believe those of higher denominations, not so much in use, are better. Accustomed to our clean and crisp notes, I was surprised that the go-ahead Americans had such paper money, for bad as it is in some parts of the continent, I have never seen such offensive notes as the American. I believe, here in England, all paper money paid into the bank is destroyed, and new issued in its stead, and that this accounts for our clean, crisp, and ...
— The Truth About America • Edward Money

... Imperial authorities, for ship- building, transport service, and army supplies, and the free circulation of the paper money issued by the Canadian Government, greatly stimulated the material prosperity of the country. [Footnote: The paper money of the United States was not redeemed till it had greatly depreciated in value, to the often ruinous loss ...
— Neville Trueman the Pioneer Preacher • William Henry Withrow

... in order to reduce Russia to chaos. They printed masses of paper money to finance their schemes; the notes, of which I possess specimens, can be easily recognized by a ...
— Secret Societies And Subversive Movements • Nesta H. Webster

... dollars, wrapped in a warm shawl, much to pussy's disgust. A number of women had dogs and were weeping, probably at leaving other canines behind. Several persons carried little grips so heavy that they tugged along—evidently "Chechako," or paper money, was more scarce with ...
— A Woman who went to Alaska • May Kellogg Sullivan

... for the purpose Mr. Hennage inserted in lead-pencil the figures representing the exact amount of coin which he had been informed by the express agent had been taken from each passenger. Next he inserted the exact amount in paper money, together with his letters, in envelopes which he also addressed on the typewriter, stamped them and walked ...
— The Long Chance • Peter B. Kyne

... Dubois, of D'Argenson, my very good friends. This is what they will counsel you to do. And I will counsel you at the same time to avail yourself of their advice. Tell all France to bring in its gold, to enable you to put something essential under the value of all this paper money which you have been sending out so lavishly, so unthinkingly, ...
— The Mississippi Bubble • Emerson Hough

... in that big bank failure that he never would trust a bank again. Every dollar he got above what he needed to use in business, he stored away in an oak chest that he kept in a secret place at home. He had no use for paper money either. He'd take it, of course, when he couldn't get anything else, but the first chance he got he'd change it for gold. Of course it was just a whim of his, but somehow it made him feel safer. Maybe it was a little mental twist left from his siege of brain fever. At any rate ...
— The Rushton Boys at Treasure Cove - Or, The Missing Chest of Gold • Spencer Davenport

... silver bars. The deposits were confined to silver. The Bank of England is more than 200 years old and is to-day acknowledged to be the greatest financial institution in the world. Nearly all the paper money of England is issued by this bank. This currency is based partly upon securities and partly upon deposits of coin. There are three or four banks in the United States more than one hundred years old. In 1781 Robert Morris, then superintendent ...
— Up To Date Business - Home Study Circle Library Series (Volume II.) • Various

... of Mr. Gallatin's actions and opinions in matters of finance. Every one knows that he ranks among the distinguished financiers of the world, and problems which he had to consider are still agitating the present generation. He was opposed alike to a national debt and to paper money. Had the metallic basis of the United States been adequate, he would have accepted no other circulating medium, and would have consented to the use of paper money only for purposes of exchange and remittance. In 1830 he urged the restriction of paper money to notes of one hundred ...
— Albert Gallatin - American Statesmen Series, Vol. XIII • John Austin Stevens

... Government. That the Government and the people will derive great benefit from this change in the banking systems of the country can hardly be questioned. The national system will create a reliable and permanent influence in support of the national credit and protect the people against losses in the use of paper money. Whether or not any further legislation is advisable for the suppression of State-bank issues it will be for Congress to determine. It seems quite clear that the Treasury can not be satisfactorily conducted unless the Government can exercise a restraining power over ...
— A Compilation of the Messages and Papers of the Presidents: Lincoln - Section 1 (of 2) of Volume 6: Abraham Lincoln • Compiled by James D. Richardson

... and ran through the orchard to look at the Station, and sure enough! the stone was rolled back, the door open and the can lying on the floor. I slid down and picked it up, and there was one sheet of paper money left in it stuck to the sides. It was all plain as a pikestaff. Leon must have thought the money had been spent, and showed the traveller the Station, just to brag, and he guessed there might be something there, ...
— Laddie • Gene Stratton Porter

... present time; the rest are not interesting, except a few which show the spirit of the times; and are mostly long and able constructions of militia laws, now obsolete. About this time he issued a proclamation suspending the acts of assembly, and making paper money* a tender in law, which, although strong, was ...
— A Sketch of the Life of Brig. Gen. Francis Marion • William Dobein James

... of their enormous military strength! This lesson ought to be taught in every school-house in the United States, until every child is made to understand that there is no such thing in the world as paper money; that the only real money in the world is standard gold and silver; that paper can be used in the place of money only when it represents the real gold or silver in which it can at any time be redeemed; that even gold and silver can be used ...
— Forty-Six Years in the Army • John M. Schofield

... the mean time I was to get work, if I could, at the other printing-house. But I found no vacancy there, and so remain'd idle a few days, when Keimer, on a prospect of being employ'd to print some paper money in New Jersey, which would require cuts and various types that I only could supply, and apprehending Bradford might engage me and get the jobb from him, sent me a very civil message, that old friends should not part for a few words, the effect of sudden passion, ...
— The Autobiography of Benjamin Franklin • Benjamin Franklin

... that the constant appearance of money in every exchange has overturned and misled all our ideas; men have ended in thinking that money was true riches, and that to multiply it was to multiply services and products. Hence the prohibitory system; hence paper money; hence the celebrated aphorism, "What one gains the other loses;" and all the errors which have ruined the earth, and imbrued it with blood.[17] After much research it has been found, that in order to make ...
— Sophisms of the Protectionists • Frederic Bastiat

... scraps are used, even the sweepings from the mint and from manufacturing goldsmiths' shops are saved and the gold used. The waste of the world's gold and silver would be much greater but for the use of paper money, bank checks, and notes. Their very general use keeps the gold as a reserve, held in banks and storage vaults much of the time. If it were in constant use, the continual rubbing together of the coins would mean a no less steady, though slight, wearing away of their surface. This is very ...
— Checking the Waste - A Study in Conservation • Mary Huston Gregory

... Government.—Conditions soon proved the articles unsatisfactory. The States were almost independent of the central government. There was no separate executive power to enforce, and no judiciary to interpret the laws. The nation was deep in debt, and without means for payment. Paper money of the period was worthless, and debtors were rebellious. Disputes between the various States brought them to the verge of civil war. Each State had its own system of duties and imposts, which led to great confusion ...
— Our Government: Local, State, and National: Idaho Edition • J.A. James

... ending of the parchment bondage that was heavier than the scepters of kings. It is estimated that certificates of ownership in human beings, or, as you called them, titles to property, to the value of forty billion dollars, together with hundreds of millions of paper money, went up in that great blaze, which we devoutly consider must have been, of all the innumerable burnt sacrifices which have been offered up to God from the beginning, the one that pleased ...
— Equality • Edward Bellamy

... in with that yeoman whose broad face tells its tale, sheepish and down-eyed,—he has come, not to invest, but to borrow. What matters? War is breaking out anew, to bring the time of high prices and paper money and credit. Honest yeoman, you will not be refused. He scratches his rough head, pulls a leg, as he calls it, when the clerk leans over the counter, and asks to see "Muster Mawnering hisself." The clerk points to the little office-room of the new junior partner, who has brought ...
— Lucretia, Complete • Edward Bulwer-Lytton

... turtle-like, within their shells, and, snugly housed, hug their glittering treasure until all fear is removed. The consequence is that a few days' disturbance of the monetary atmosphere brings on a perfect dearth of not only the precious metals, but even of paper money, their representative. Moneyed men never adopt the tactics of mutual support; hence, as soon as a shot is fired into the flock, they scatter, each looking out for himself, each distrustful of the other, and ...
— Scientific American, Volume XXXVI., No. 8, February 24, 1877 • Various

... in a dollar and six twenty-cent pieces, and while there are only eleven coppers in a dime, there are one hundred and thirty-eight in a dollar. Consequently the thrifty always carry a pound or two of big coppers with them to pay 'ricksha men with. Then there are various kinds of paper money. We are going to Western Hills tomorrow night, and under instructions I bought some dollars at sixty-five cents apiece which are good for a whole dollar on this railway and apparently nowhere else. ...
— Letters from China and Japan • John Dewey



Words linked to "Paper money" :   note, government note, banknote, bank note, greenback, fractional currency, bank bill, fiat money, currency, banker's bill, bill, Federal Reserve note, paper currency



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