Paper-money Sentence Examples

Partial relief was sought in the continual issue of debased currency (beshlik, altilik and their subdivisions), of which the excess of nominal value over intrinsic value ranged between 33 and 97%, and finally paper money (kaime) which was first issued in 1839, bearing an interest of 8%, reduced in 1842 to 6%, such interest being paid on notes of 500 piastres, but not on notes of 20 or 10 piastres, which were issued simultaneously.

On the 31st of August of the same year a series of proposals upon the currency question was submitted to congress by the president, whose real object was to counteract the too rapid appreciation of the inconvertible paper money.

The success of the issue was undoubted, and, possibly, if the assignats had been restricted, as Mirabeau at first desired, to the extent of one-half the value of the lands sold, they would not have shared the usual fate of inconvertible paper money.

Finally, usage of paper money was restricted to the capital only, and in 1842 this partial reform of the paper currency was followed by a reform of the metallic currency, in the shape of an issue of gold, silver and copper currency of good value.

In 1851 further attempts were made to withdraw the paper money from circulation, but these were interrupted by the Crimean War, and the government was, on the contrary, obliged to issue notes of 20 and io piastres.

There is no gold in circulation, however, and gold duties are paid with gold cheques purchased at certain banks with paper money.

Before the adoption of the Federal constitution Rhode Island was badly afflicted with the paper money heresy.

He was an excellent compositor and pressman; his workmanship, clear impressions, black ink and comparative freedom from errata did much to get him the public printing in Pennsylvania and New Jersey, and the printing of the paper money a and other public matters in Delaware.

The first book with his imprint is The Psalms of David Imitated in For the prevention of counterfeiting continental paper money Franklin long afterwards suggested the use on the different denominations of different leaves, having noted the infinite variety of leaf venation.

At Pittsfield and at Dalton is centred the manufacture of fine writing papers, including that of paper used by the national government for bonds and paper money.

The struggle which the frontier settlers of Pennsylvania had made in the state legislature to secure unlimited issues of paper money and the enactment of laws favourable to the debtor class prejudiced him against the West, and he tried to introduce into the constitution a clause guaranteeing forever the political supremacy of the states east of the Alleghanies.

In development of this consideration, Smith goes on to explain the gain to the community arising from the substitution of paper money for that composed of the precious metals; and here occurs the remarkable illustration in which the use of gold and silver money is compared to a highway on the ground, that of paper money to a wagon way through the air.

The paper money issues are by banks and not by the government, and the national treasury keeps no cash in its vaults and has no sinking funds to offset this indebtedness.

As a means of relief a number of citizens demanded of the legislature the issue of paper money equal in amount to the state's debt, and as this was refused, an armed mob numbering about 200 surrounded the meeting-house in Exeter in which the legislature was in session, towards evening on the loth of September 1786.

Thus Clement XI., at war with Austria in 1708, debased the currency; Clement (1730-1740) issued paper money and set up a government lottery, excommunicating all subjects who put their money into the lotteries of Genoa or Naples; Benedict XIV.

During the provincial period Pennsylvania, in common with the other colonies, was affected with the paper money craze.

The Constitutional party in 1785 secured the annulment by the state assembly of the charter of the Bank of North America, which still retained a congressional charter; and the cause of this action also seems to have been party feeling against the anti-Constitutionalists, among whom Robert Morris of the bank was a leader, and who, especially Morris, had opposed the paper money policy of the Constitutionalists.

In the same year the gold and silver coinage of Paraguay were legally standardized as identical with those of Argentina (5 gold dollars or pesos = £ 1); but paper money is about the only circulating medium, and gold commands a high premium (1600% in December 1908).

His efforts to secure a permanent fixed salary for himself (of 1000) were unsuccessful; and his attempt to prevent the further issue of paper money also involved him in a controversy with the General Court; but their relations were not unfriendly after 1743.

When the confederation was almost in a state of collapse because of the failure of the states to respond to requisitions of Congress for supplies for the federal treasury, Madison was among the first to advocate the granting of additional powers to Congress, and urged that congress should forbid the states to issue more paper money.

Facing the Mall on the south is the home of the Bureau of Engraving and Printing, in which the United States paper money and postage stamps are made.

At the opening of 1901 the country was chiefly interested in the forthcoming presidential election, for which the candidates were Don Pedro Montt (Conservative and Clerical) currency once more on an inconvertible paper money P P Y basis until 1902.

On October 16, 1899 - the outstanding circulation then amounting to 46,000,000 pesos, - the government decreed an unlimited issue to meet its expenditures in suppressing the revolution, and later on the departments of Antioquia, Bolivar, Cauca, and Santander were authorized to issue paper money for themselves.

The only paper money consists of the notes of the Bank of Spain.

He wrote in 1729 A Modest Enquiry into the Nature and Necessity of a Paper Currency, which argued that a plentiful currency will make rates of interest low and will promote immigration and home manufactures, and which did much to secure the further issue of paper money in Pennsylvania.

The state debt was large, taxation was heavy, and industry was unsettled; worthless paper money was in circulation, yet some men demanded more; debtors were made desperate by prosecution; the state government seemed weak, the Federal government contemptibly so; the local courts would not, or from intimidation feared to, punish the turbulent, and demagogues encouraged ideas of popular power.

In his large study, the walls of which were hung to the ceiling with Persian rugs, bearskins, and weapons, sat Dolokhov in a traveling cloak and high boots, at an open desk on which lay an abacus and some bundles of paper money.

The price of weapons, of gold, of carts and horses, kept rising, but the value of paper money and city articles kept falling, so that by midday there were instances of carters removing valuable goods, such as cloth, and receiving in payment a half of what they carted, while peasant horses were fetching five hundred rubles each, and furniture, mirrors, and bronzes were being given away for nothing.

The genuine as well as the false paper money which flooded Moscow lost its value.

Not only was the paper money valueless which Napoleon so graciously distributed to the unfortunate, but even silver lost its value in relation to gold.

The biographies and special national histories are like paper money.

This type of origami uses paper money to create artistic objects.

Money origami, also known as dollar bill origami, is the art of folding paper money into creative designs.

It is unknown when paper money origami started.

However, origami expert David Lister noted that paper money origami may have started as early as the 19th century.

Learning how to make a paper money ring is fun and even easy.

Origami artists often turn to paper money to create origami designs.

The paper money ring is just one of the options available to you.

For a fun accessory to any wardrobe, consider a paper money ring.

Select a crisp bill, if possible, to make the paper money ring.

While the steps above outline how to make a paper money ring, know that rings are not all you can do with paper money.

Take a few minutes to consider some of these paper money creations.

If you don't want to use 100 dollar bills to create your lei, you can alternate using paper money and pretty origami paper.

With the electronic card reader, you no longer need to try and arrange your paper money or keep a watchful eye on Aunt Matilda.

The biggest change is the electronic banking as you no longer need paper money or a cash tray.

Before paper money was commonplace, bartering was crucial to a family's survival.