FREE BOOKS

Author's List




PREV.   NEXT  
|<   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61  
62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   >>   >|  
nt with a peninsula attached by a narrow isthmus. The annual product of gold at the commencement of the Christian era is estimated at eight hundred thousand dollars; at the period of the discovery of America it had diminished to one hundred thousand dollars; after the occurrence of that event it gradually increased, and in 1600 it attained to two millions; and in 1700, to five millions; in 1800, to fifteen millions; in 1843, to thirty-four millions; in 1850, to eighty-eight millions; in 1852, to two hundred and thirty-six millions; but owing to the falling off of the California as well as the Australia mines, the product of the present year will not probably exceed one hundred and ninety millions. Since 1792 to the present time, the gold coinage of the United States mint has amounted to seven hundred and forty millions of dollars, of which six hundred and fifty-five millions have been issued since 1850. The gold coinage of the French mint, since 1726, has amounted to eighty-seven hundred millions of francs, of which fifty-two hundred and fifty millions have been issued since 1850. The gold coinage of the British mint, since 1603, has amounted to two hundred and eighty millions of pounds sterling; of which seventy-five millions have been issued since 1850. The gold coinage of the Russian mint, since 1664, has amounted to five hundred and twenty-six millions of roubles, of which two hundred and sixty millions have been issued since 1850. The sovereign of England contains one hundred and twelve grains of pure metal; the new doubloon of Spain, one hundred and fifteen; the half eagle of the United States, one hundred and sixteen; the gold lion of the Netherlands, and the double ounce of Sicily, one hundred and seventeen grains each; the ducat of Austria, one hundred and six; the twenty-franc piece of France, ninety; and the half imperial of Russia, ninety-one grains. A commissioner has been despatched by the United States Government to England, France, and other countries of Europe, to confer with their respective governments upon the expediency of adopting a uniform system of coinage throughout the world, so that the coins of one country may circulate in any other, without the expense of recoinage--a consummation most devoutly to be wished. The fact that the large amount of gold which has been thrown into the monetary circulation of the world within the last fourteen years, has exercised so little influence upon the mone
PREV.   NEXT  
|<   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61  
62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   >>   >|  



Top keywords:

hundred

 

millions

 

coinage

 

amounted

 
issued
 

States

 

United

 

ninety

 

eighty

 

grains


dollars

 

present

 

product

 
thirty
 
thousand
 
England
 

France

 

twenty

 

fifteen

 

Europe


confer

 

countries

 

despatched

 
Government
 

respective

 

uniform

 
system
 
adopting
 

expediency

 
governments

America
 

commissioner

 
Sicily
 

seventeen

 
double
 

Netherlands

 

imperial

 
Russia
 

diminished

 

Austria


discovery

 
monetary
 

circulation

 

thrown

 
amount
 

influence

 

exercised

 

fourteen

 
wished
 

circulate