"Legal tender" Quotes from Famous Books
 ... in addition to brass guns, pieces of grey shirting (belachu) and of Nankin (kain asap) and small bits of iron were legal tender, and I have seen a specimen of a Brunei copper coinage one Sultan tried to introduce, but it was found to be so easily imitated by his subjects that it was withdrawn from circulation. At the present day silver dollars, Straits Settlements small silver pieces, and the copper ...
— British Borneo - Sketches of Brunai, Sarawak, Labuan, and North Borneo • W. H. Treacher
... had almost ceased before. This result was made worse after 1848, when there was a still further appreciation of silver through the discovery of gold in California and Australia. Silver dollars did not again circulate freely in the country until 1878, though they were full legal tender till 1873. Gold, on the other hand, was everywhere seen after 1834, though not abundant in circulation, owing to the large amounts of paper ...
— History of the United States, Volume 3 (of 6) • E. Benjamin Andrews
... Flaccus succeeded Marius as consul, and passed a law making one-fourth of a debt legal tender for payment of it; and probably in the same year the denarius was restored to its standard value. A census was also held, which would include the new Italian citizens, and Philippus, whose opposition ...
— The Gracchi Marius and Sulla - Epochs Of Ancient History • A.H. Beesley
... circulating in the colony before its emission, and its subsequent depreciation had induced the commissary ordonnateur to have recourse to an issue of ordonances, a kind of bills of credit, which although not a legal tender, from the want of a metallic currency, soon became an object of commerce. They were followed by treasury notes, which being receivable in the discharge of all claims of the treasury, soon got into circulation. This ...
— The American Quarterly Review, No. 17, March 1831 • Various
... the financial problems—currency, legal tender, the best forms of money and authority; the whole monetary system of the world is under consideration and analysis. The farmer is learning, through chemistry and other forms of science, new ways of making his farm productive, and the educated agriculturist ...
— The Warriors • Lindsay, Anna Robertson Brown
... with a halfway station intervening. Halfway station, with a new coinage ready, much purer of alloy (and marked HOW much, for the benefit of parties with accounts to settle), is to commence on TRINITATIS (Whitsunday) instant; from and after Whitsunday the improved new coin to be sole legal tender, till farther notice. Farther notice comes accordingly, within a year, March 29th, 1764: "Pure money of the standard of 1750 [honest silver coinage: readers may remember Linsenbarth, the CANDIDATUS THEOLOGIAE, and his sack of Batzen, confiscated at the Paekhof] ...
— History of Friedrich II. of Prussia, Vol. XXI. (of XXI.) • Thomas Carlyle
... wore on it is affirmed by men still living that money rained down in the Capitol Park and elsewhere like manna from the skies, if you were one of a chosen band. If you were, all you had to do was to look in your vest pockets when you took your clothes off in the evening and extract enough legal tender to pay your bill at the Pelican for a week. Mr. Lovejoy having been overheard one day to make a remark concerning the diet of hogs, the next morning certain visitors to the capital were horrified to discover trails ...
— The Crossing • Winston Churchill
... remains heavily dependent on agriculture and government service, which together employ about half of the work force. Moreover, the small, vulnerable economy has suffered because the Turkish lira is legal tender. To compensate for the economy's weakness, Turkey provides direct and indirect aid to ...
— The 2000 CIA World Factbook • United States. Central Intelligence Agency.
... the hall must have heard me, for the key rattled in the lock just as I slipped out of the window. There's Leary's suitcase and I've packed it with our soiled linen and stuck in a pair of shoes for weight. Seebrook's legal tender is neatly rolled up in my best silken hose in my kit bag. Hark! There's Seebrook tumbling into his bed, which is just ...
— Blacksheep! Blacksheep! • Meredith Nicholson
... scarcity of money in the diggings. Gold dust there was in plenty, but no COIN. You can fancy it was a bother to weigh out a pinch of dust every time you wanted a drink of whiskey or a pound of flour; but there was no other legal tender. Pretty soon, however, a lot of gold and silver pieces found their way into circulation in our camp and the camps around us. They were foreign—old French and English coins. Here's one of them that I kept." He took from his pocket a gold coin and ...
— Sally Dows and Other Stories • Bret Harte
... products," full taxation of railroad property, "the rapid extinguishment of the public debt of the United States, by operating the mints to their fullest capacity in coining silver and gold, and the tendering of the same without discrimination to the public creditors," the issue of legal tender notes on a per capita basis and their substitution for bank notes, a national bureau of labor statistics, an interstate commerce law, and the abolition of the contract system of employing convicts. Provision was made for a committee ...
— The Agrarian Crusade - A Chronicle of the Farmer in Politics • Solon J. Buck
... old-fashioned notions in favor of gold and silver, which he considered the true standards of wealth and mediums of commerce, and one of his first edicts was that all duties to government should be paid in those precious metals, and that seawant, or wampum, should no longer be a legal tender. ...
— Knickerbocker's History of New York, Complete • Washington Irving
... January 2000, and after a short-lived junta failed to garner military support, Vice President Gustavo NOBOA took over the presidency. In March 2000, Congress approved a series of structural reforms that also provided the framework for the adoption of the US dollar as legal tender. Dollarization stabilized the economy, and growth returned to its pre-crisis levels in the years that followed. Under the administration of Lucio GUTIERREZ - January 2003 to April 2005 - Ecuador benefited from higher world petroleum prices. However, the government under Alfredo PALACIO has ...
— The 2007 CIA World Factbook • United States
... of sending money, and it therefore will be necessary, in order to procure the one of the higher current value, to pay a premium for it, called the agio. (b) The term is also used to denote the difference in exchange between two currencies in the same country; where silver coinage is the legal tender, agio is sometimes allowed for payment in the more convenient form of gold, or where the paper currency of a country is reduced below the bullion which it professes to represent, an agio is payable on the ...
— Project Gutenberg Encyclopedia
... brought about by the war and the deluge of greenbacks. It extended to mining stocks, and especially to gold mines, as gold was then selling at a high premium—one hundred dollars in gold bringing $260 in legal tender currency. Mr. Ayres offered his plant for sale, went to New York in the summer and disposed of it in Wall street for $30,000. The mill was never afterwards run and I believe, none of the mines ever worked. Twenty years later I visited Leavenworth ...
— A Gold Hunter's Experience • Chalkley J. Hambleton |
