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Coinage Act Of 1965
The Coinage Act of 1965, , eliminated silver from the circulating United States Dime (United States coin), dime (ten-cent piece) and Quarter (United States coin), quarter dollar coins. It also reduced the silver content of the Half dollar (United States coin), half dollar from 90 percent to 40 percent; silver in the half dollar was subsequently eliminated by a 1970 law. There had been coin shortages beginning in 1959, and the United States Mint, United States Bureau of the Mint expanded production to try to meet demand. The early 1960s was a time of increased use of silver both in the coinage and in Industrial sector, industry, putting pressure on the price of silver, which was capped at just over $1.29 per ounce by government sales at that price. The silver in a dollar's worth of quarters would be worth more as bullion than as money if the price of the metal rose past $1.38 per ounce, and there was widespread hoarding of silver coins. Demand for the Kennedy half dollar as a coll ...
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Democratic Party (United States)
The Democratic Party is a Centre-left politics, center-left political parties in the United States, political party in the United States. One of the Major party, major parties of the U.S., it was founded in 1828, making it the world's oldest active political party. Its main rival since the 1850s has been the Republican Party (United States), Republican Party, and the two have since dominated American politics. The Democratic Party was founded in 1828 from remnants of the Democratic-Republican Party. Senator Martin Van Buren played the central role in building the coalition of state organizations which formed the new party as a vehicle to help elect Andrew Jackson as president that year. It initially supported Jacksonian democracy, agrarianism, and Manifest destiny, geographical expansionism, while opposing Bank War, a national bank and high Tariff, tariffs. Democrats won six of the eight presidential elections from 1828 to 1856, losing twice to the Whig Party (United States) ...
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Dime (U
DIME'', ''Dime or Dimes may refer to: Coins * Dime (United States coin) * Dime (Canadian coin) Acronyms (DIME) * Dark Internet Mail Environment * Dense inert metal explosive * Detroit Institute of Music Education ** DIME Denver, a branch of the Detroit Institute of Music Education * DIME (diplomacy, information, military and economic) — concept of instruments of national power * Direct Internet Message Encapsulation * Distributed Internet Measurements and Simulations, DIMES * Dropping in a Microgravity Environment * Dual Independent Map Encoding Banks * Dime Community Bank, in Brooklyn, New York * Dime Bank Building, Scranton, Pennsylvania * Dime Savings and Trust Company, a historic bank building in Allenstown, Pennsylvania * Dime Savings Bank (other), various banks Music * The Dimes, an American musical group * ''Dime'' (album), an album by Guardian * ''Dimes'', an album by Deporitaz * "Dime" (Beth song) * "Dime" (Ivy Queen song) * "Dime" (Pitbull song), ...
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Federal Reserve Note
Federal Reserve Notes are the currently issued banknotes of the United States dollar. The United States Bureau of Engraving and Printing produces the notes under the authority of the Federal Reserve Act of 1913 and issues them to the Federal Reserve Banks at the discretion of the Federal Reserve Board of Governors, Board of Governors of the Federal Reserve System. The Reserve Banks then circulate the notes to their member banks, at which point they become liabilities of the Reserve Banks and obligations of the United States. Federal Reserve Notes are legal tender, with the words "this note is legal tender for all debts, public and private" printed on each note. The notes are backed by financial assets that the Federal Reserve Banks pledge as collateral, which are mainly United States Treasury security, Treasury securities and agency security, mortgage agency securities that they purchase on the open market by fiat money, fiat payment. History Following the enactment of the Cons ...
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The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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Associated Press
The Associated Press (AP) is an American not-for-profit organization, not-for-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association, and produces news reports that are distributed to its members, major U.S. daily newspapers and radio and television broadcasters. Since the award was established in 1917, the AP has earned 59 Pulitzer Prizes, including 36 for photography. The AP is also known for its widely used ''AP Stylebook'', its AP polls tracking National Collegiate Athletic Association, NCAA sports, sponsoring the National Football League's annual awards, and its election polls and results during Elections in the United States, US elections. By 2016, news collected by the AP was published and republished by more than 1,300 newspapers and broadcasters. The AP operates 235 news bureaus in 94 countries, and publishes in English, Spanish, and Arabic. It also operates the AP Radio Network, which provides twice ...
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Cherry
A cherry is the fruit of many plants of the genus ''Prunus'', and is a fleshy drupe (stone fruit). Commercial cherries are obtained from cultivars of several species, such as the sweet '' Prunus avium'' and the sour '' Prunus cerasus''. The name 'cherry' also refers to the cherry tree and its wood, and is sometimes applied to almonds and visually similar flowering trees in the genus ''Prunus'', as in " ornamental cherry" or " cherry blossom". Wild cherry may refer to any of the cherry species growing outside cultivation, although ''Prunus avium'' is often referred to specifically by the name "wild cherry" in the British Isles. Botany True cherries ''Prunus'' subg. ''Cerasus'' contains species that are typically called cherries. They are known as true cherries and distinguished by having a single winter bud per axil, by having the flowers in small corymbs or umbels of several together (occasionally solitary, e.g. ''P. serrula''; some species with short racemes, ...
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Federal Reserve Banks
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913. The banks are jointly responsible for implementing the monetary policy set forth by the Federal Open Market Committee, and are divided as follows: Some banks also possess List of Federal Reserve branches, branches, with the whole system being headquartered at the Eccles Building in Washington, D.C. History The Federal Reserve Banks are the most recent institutions that the United States government has created to provide functions of a central bank. Prior institutions have included the First Bank of the United States, First (1791–1811) and Second Bank of the United States, Second (1818–1824) Banks of the United States, the Independent Treasury (1846–1920) and the National Bank Act, National Banking System (1863–19 ...
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Denver Mint
The Denver Mint is a branch of the United States Mint that struck its first coins on February 1, 1906. The mint is still operating and producing coins for circulation, as well as mint sets and commemorative coins. Coins produced at the Denver Mint bear a D mint mark (as did the Dahlonega Mint, which closed before the Denver branch opened). The Denver Mint is the single largest producer of coins in the world. History Clark, Gruber & Co. The predecessors of the Denver Mint were the men of Clark, Gruber and Company. During the Pikes Peak Gold Rush, they coined gold dust brought from the gold fields by the miners. In 1858, Austin M. Clark, Milton E. Clark and Emanuel Henry Gruber founded a brokerage firm in Leavenworth, Kansas, and then established an office in Denver at the beginning of the Colorado Gold Rush. Desiring to save on shipping and insurance costs associated with shipping gold back east, the firm opened a private mint. On July 25, 1860, the mint opened in a ...
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San Francisco Mint
The San Francisco Mint is a branch of the United States Mint. Opened in 1854 to serve the gold mines of the California gold rush, in twenty years its operations exceeded the capacity of the first building. It moved into a new one in 1874, now known as the Old San Francisco Mint. In 1937 Mint operations moved into a third building, the current one, completed that year. History Original United States Mint and Subtreasury (1854) The San Francisco Mint began operations in 1854 at 608 Commercial Street, just west of Montgomery Street. The building sat between Commercial and Clay Streets and a California Historical Landmark (number 87) plaque can be found today on Commercial. Since June 14, 1970, the building has been listed as a San Francisco Designated Landmark. The mint was established in response to the California gold rush. Within the first year of its operation, the San Francisco mint turned $4 million in gold bullion into coins. Because of the scale of its incre ...
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Silver Certificate (United States)
Silver certificates are a type of representative money issued between 1878 and 1964 in the United States as part of its circulation of paper currency. They were produced in response to silver agitation by citizens who were angered by the Fourth Coinage Act, which had effectively placed the United States on a gold standard.Leavens, p. 24. The certificates were initially redeemable for their face value of silver dollar coins and later (for one year from June 24, 1967, to June 24, 1968) in raw silver bullion. Since 1968 they have been redeemable only in Federal Reserve Notes and are thus obsolete, but still valid legal tender at their face value and thus are still an accepted form of currency. Large-size silver certificates, generally longer and wider than modern U.S. paper currency, (1878 to 1923) were issued initially in denominations from to (in 1878 and 1880)Friedberg & Friedberg, p. 74. and in 1886 the , , and were authorized.Knox, p. 155. In 1928, all United Stat ...
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Lend-lease
Lend-Lease, formally the Lend-Lease Act and introduced as An Act to Promote the Defense of the United States (),3,000 Hurricanes and >4,000 other aircraft) * 28 naval vessels: ** 1 Battleship. (HMS Royal Sovereign (05), HMS Royal Sovereign) ** 9 Destroyers. ** 4 Submarines. ** 5 Motor mine-sweepers. ** 9 Mine-sweeping trawlers. * 5,218 tanks (including 1,388 Valentines from Canada) * >5,000 anti-tank guns ** 1,000 PIAT, P.I.A.T's ** 636 2-pounder gun, 2-Pdr's ** 96 6-pounder gun, 6-Pdr's ** 3,200 Boys anti-tank rifle, Boys anti-tank rifles * 4,020 ambulances and trucks * 323 machinery trucks (mobile vehicle workshops equipped with generators and all the welding and power tools required to perform heavy servicing) * 1,212 Universal Carriers and Loyd Carriers (with another 1,348 from Canada) * 1,721 motorcycles * £1.15bn ($1.55bn) worth of aircraft engines * 1,474 radar sets * 4,338 radio sets * 600 naval radar and sonar sets * Hundreds of naval guns * 15 million pairs of ...
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Dollar (U
Dollar is the name of more than 25 currencies. The United States dollar, named after the international currency known as the Spanish dollar, was established in 1792 and is the first so named that still survives. Others include the Australian dollar, Brunei dollar, Canadian dollar, Eastern Caribbean dollar, Hong Kong dollar, Jamaican dollar, Liberian dollar, Namibian dollar, New Taiwan dollar, New Zealand dollar, Singapore dollar, Trinidad and Tobago Dollar, and several others. The symbol for most of those currencies is the dollar sign $; the same symbol is used by many countries using peso currencies. The name "dollar" originates from the "thaler" which was the name of a 29 g silver coin called the Joachimsthaler minted in Bohemia, the western part of Czech Kingdom (now the Czech Republic). The word itself comes from the word ''thal'', German for valley. Economies that use a "dollar" Other countries that use the "United States dollar" Other territories that use a "dolla ...
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