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Pittman Act
The Pittman Act was a United States federal law The law of the United States comprises many levels of Codification (law), codified and uncodified forms of law, of which the supreme law is the nation's Constitution of the United States, Constitution, which prescribes the foundation of the ... sponsored by United States Senate, Senator Key Pittman of Nevada and enacted on April 23, 1918. The Act authorized the conversion of up to 350,000,000 standard Dollar coin (United States), silver dollars into bullion and its sale or use for subsidiary silver coinage, and directed purchase of domestic silver for recoinage of a like number of dollars. For each silver dollar converted into bullion, the Act also called for the temporary removal from circulation of an equivalent value of Silver certificate (United States), Silver Certificates. These certificates were to be temporarily replaced with a new issuance of Federal Reserve Bank Notes, including and denominations for the first ti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fineness
The fineness of a precious metal object (coin, bar, jewelry, etc.) represents the weight of ''fine metal'' therein, in proportion to the total weight which includes alloying base metals and any impurities. Alloy metals are added to increase hardness and durability of coins and jewelry, alter colors, decrease the cost per weight, or avoid the cost of high-purity refinement. For example, copper is added to the precious metal silver to make a more durable alloy for use in coins, housewares and jewelry. Coin silver, which was used for making silver coins in the past, contains 90% silver and 10% copper, by mass. Sterling silver contains 92.5% silver and 7.5% of other metals, usually copper, by mass. Various ways of expressing fineness have been used and two remain in common use: ''millesimal fineness'' expressed in units of parts per 1,000 and '' karats'' or ''carats'' used only for gold. Karats measure the parts per 24, so that 18 karat = = 75% gold and 24 karat gold is considered ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1919 In American Law
Events January * January 1 ** The Czechoslovak Legions occupy much of the self-proclaimed "free city" of Bratislava, Pressburg (later Bratislava), enforcing its incorporation into the new republic of Czechoslovakia. ** HMY Iolaire, HMY ''Iolaire'' sinks off the coast of the Hebrides; 201 people, mostly servicemen returning home to Lewis and Harris, are killed. * January 2–January 22, 22 – Russian Civil War: The Red Army's Caspian-Caucasian Front begins the Northern Caucasus Operation (1918–1919), Northern Caucasus Operation against the White Army, but fails to make progress. * January 3 – The Faisal–Weizmann Agreement is signed by Faisal I of Iraq, Emir Faisal (representing the Arab Kingdom of Hejaz) and Zionism, Zionist leader Chaim Weizmann, for Arab–Jewish cooperation in the development of a Jewish homeland in Palestine (region), Palestine, and an Arab nation in a large part of the Middle East. * January 5 – In Germany: ** Spartacist uprising in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Executive Order 6814
On August 9, 1934, U.S. President Franklin D. Roosevelt implemented the seizure of all silver situated in the continental United States with Executive Order 6814 - Requiring the Delivery of All Silver to the United States for Coinage. Executive Order 6814 closely mirrors Executive Order 6102, which FDR signed on April 5, 1933, "forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates within the continental United States" with some differences. A key difference was that EO 6814 excluded the seizure of all silver coins, whether foreign or domestic, while EO 6102 only exempted from seizure certain types of collectible or numismatic coins. See also * Executive Order 6102 - Requiring Gold Coin, Gold Bullion and Gold Certificates to Be Delivered to the Government * Executive Order 6260 - On Hoarding and Exporting Gold * Gold Standard Repeal 1933 * Silver Purchase Act of 1934 * Gold Reserve Act of 1934 * Silver Coinage Act of 1939 * Silver Purchase Act of 1946 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Executive Order 6102
Executive Order 6102 is an executive order signed on April 5, 1933, by US President Franklin D. Roosevelt "forbidding the hoarding (economics), hoarding of gold coin, gold bar, gold bullion, and Gold certificate (United States), gold certificates within the continental United States." The executive order was made under the authority of the Trading with the Enemy Act of 1917, as amended by the Emergency Banking Relief Act in March 1933. At the time and in the years that followed, this policy was highly controversial and faced criticism from those who asserted it was "completely immoral" and "a flagrant violation of the solemn promises made in the Gold Standard Act, Gold Standard Act of 1900" and promises made to purchasers of Liberty and Victory Loans during World War I. The critics also claimed this Executive Order would lead to an inflation of supply of credit and currency, which would cause a fraudulent economic boom which would inevitably bust and result in a depression. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agricultural Adjustment Act
The Agricultural Adjustment Act (AAA) was a United States federal law of the New Deal era designed to boost agricultural prices by reducing surpluses. The government bought livestock for slaughter and paid farmers Subsidy, subsidies not to plant on part of their land. The money for these subsidies was generated through an exclusive tax on companies that processed farm products. The Act created a new Government agency, agency, the Agricultural Adjustment Administration, also called "AAA" (1933–1942), an agency of the U.S. Department of Agriculture, to oversee the distribution of the subsidies.Hurt, R. Douglas, ''Problems of Plenty: The American Farmer in the Twentieth Century'', (Chicago: Ivan R. Dee, 2002), 69. The Agriculture Marketing Act, which established the Federal Farm Board in 1929, was seen as an important precursor to this act. The AAA, along with other New Deal programs, represented the federal government's first substantial effort to address economic welfare in the U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Falls, VA
Great Falls is a census-designated place in Fairfax County, Virginia, United States. The population at the 2020 census was 15,953. History Colonial farm settlements began to form in the area as early as the late 1700s. Early on, the village was known as Forestville (unofficially, since there was already a Forestville with a Post Office), but was renamed Great Falls in 1955. Geography Great Falls is located at (38.9981653, −77.2883157) at an elevation of . Located on Virginia State Route 7 in Northern Virginia, Great Falls is west-northwest of downtown Washington, D.C., and north of Fairfax, the county seat. Great Falls lies in the Piedmont upland on the right bank of the Potomac River. The Potomac River forms the northern and eastern borders of the CDP, and several of its tributaries flow north and east through the CDP. From north to south, these include Nichols Run, Clarks Branch, and Difficult Run. Difficult Run (along with Leesburg Pike) forms the southern border o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silver Mining
Silver mining is the extraction of silver by mining. Silver is a precious metal and holds high economic value. Because silver is often found in intimate combination with other metals, its extraction requires the use of complex technologies. In 2008, approximately 25,900 metric tons of silver were consumed worldwide, most of which came from mining. Silver mining has a variety of effects on the environment, humans, and animals. Silver sources Silver-bearing ore typically contains very little silver, with much higher percentages of copper and lead. Specific minerals include argentite (Ag2 S), chlorargyrite ("horn silver," Ag Cl), polybasite (Ag, Cu)16Sb2S11), and proustite (Ag3AsS3). Silver mainly occurs as a contaminant in chalcopyrite and galena, important ores of copper and lead, respectively.Kassianidou, V. 2003. Early Extraction of Silver from Complex Polymetallic Ores, in Craddock, P.T. and Lang, J (eds) Mining and Metal production through the Ages. London, British ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining
Mining is the Resource extraction, extraction of valuable geological materials and minerals from the surface of the Earth. Mining is required to obtain most materials that cannot be grown through agriculture, agricultural processes, or feasibly created Chemical synthesis, artificially in a laboratory or factory. Ores recovered by mining include Metal#Extraction, metals, coal, oil shale, gemstones, limestone, chalk mining, chalk, dimension stone, rock salt, potash, gravel, and clay. The ore must be a rock or mineral that contains valuable constituent, can be extracted or mined and sold for profit. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even fossil water, water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, and final mine reclamation, reclamation or restoration of the land after the mine is closed. Mining ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ounce
The ounce () is any of several different units of mass, weight, or volume and is derived almost unchanged from the , an Ancient Roman unit of measurement. The avoirdupois ounce (exactly ) is avoirdupois pound; this is the United States customary and British imperial ounce. It is primarily used in the United States. Although the avoirdupois ounce is the mass measure used for most purposes, the ' troy ounce' of exactly is used instead for the mass of precious metals such as gold, silver, platinum, palladium, rhodium, etc. The term 'ounce' is also used in other contexts: * The ounce-force is a measure of force (see below). * The fluid ounce is a measure of volume. Historically, a variety of different ounces measuring mass or volume were used in different jurisdictions by different trades and at different times in history. Etymology ''Ounce'' derives from the Ancient Roman (meaning: a twelfth), a unit in the Ancient Roman units of measurement weighing about 27 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Britain
Great Britain is an island in the North Atlantic Ocean off the north-west coast of continental Europe, consisting of the countries England, Scotland, and Wales. With an area of , it is the largest of the British Isles, the List of European islands by area, largest European island, and the List of islands by area, ninth-largest island in the world. It is dominated by a maritime climate with narrow temperature differences between seasons. The island of Ireland, with an area 40 per cent that of Great Britain, is to the west – these islands, along with over List of islands of the British Isles, 1,000 smaller surrounding islands and named substantial rocks, comprise the British Isles archipelago. Connected to mainland Europe until 9,000 years ago by a land bridge now known as Doggerland, Great Britain has been inhabited by modern humans for around 30,000 years. In 2011, it had a population of about , making it the world's List of islands by population, third-most-populous islan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
