"Unconvertible" Quotes from Famous Books
 ... demonetization of silver, which has taken place in various countries. In 1865 Italy adopted unconvertible paper-money, its previous metallic currency, nearly all silver, having been about $90,000,000, Doubtless, nearly all this amount was thrown upon the markets of the world. But this produced no appreciable effect upon the price of silver, which remained as formerly (62 3-4d.) until ...
— The Bay State Monthly, Volume 3, No. 2 • Various |
