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Specie Payment Resumption Act
The Specie Payment Resumption Act of January 14, 1875 was a law in the United States that restored the nation to the gold standard through the redemption of previously unbacked United States Notes and reversed inflationary government policies promoted directly after the American Civil War. The decision further contracted the nation's money supply and was seen by critics as an exacerbating factor of the so-called Long Depression, which struck in 1873. History Late in 1861, seeking to raise revenue for the American Civil War effort without exhausting its reserves of gold and silver, the United States federal government suspended specie payments, or the payments made in gold and silver in redemption of currency notes. Early in 1862, the United States issued legal-tender notes, called greenbacks. By war's end, a total of million in greenbacks had been issued, and authorization had been given for another million in small denominations, known as fractional currency or "shin plasters." ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Collis P
Collis may refer to: People * Collis (surname) * Collis (given name) Other uses * Collis (planetary geology), a term used in planetary geology for a small hill or knob * Collis, Minnesota, an unincorporated community, United States * Collis, former name of Kerman, California, United States *'' Collis'', a genus of Asian funnel weavers *'' Collis'', a genus of trilobites See also * Collis Mill, Great Thurlow, Suffolk, England, a Grade II* listed smock mill {{disambiguation, geo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jennifer 8 Lee
Jennifer 8. Lee ( Chinese name: ; pinyin: '; POJ: '; born March 15, 1976) is an American journalist who previously worked for ''The New York Times''. She is the co-founder and president of the literary studio Plympton and a producer of '' The Search for General Tso'', which premiered at the 2014 Tribeca Film Festival. Lee is a vice-chair of the Unicode Emoji Subcommittee, which is responsible for making recommendations relating to emoji to the Unicode Technical Committee. Inspired by the universality of the dumpling across cultures and cuisines (e.g., jiaozi in China, ravioli in Italy, pierogi in Poland, empanadas in various Latin American countries), she helped to make the dumpling emoji a candidate. She also co-authored the proposal for a hijab emoji. Early life and education Lee was born on March 15, 1976, in New York City, to immigrants from Kinmen, a group of islands off the coast of China's Fujian province governed by Taiwan. Lee was not given a middle name at birth so ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anna J
Anna may refer to: People Surname and given name * Anna (name) Mononym * Anna the Prophetess, in the Gospel of Luke * Anna of East Anglia, King (died c.654) * Anna (wife of Artabasdos) (fl. 715–773) * Anna (daughter of Boris I) (9th–10th century) * Anna (Anisia) (fl. 1218 to 1221) * Anna of Poland, Countess of Celje (1366–1425) * Anna of Cilli (1386–1416) * Anna, Grand Duchess of Lithuania (died 1418) * Anne of Austria, Landgravine of Thuringia (1432–1462) * Anna of Nassau-Dillenburg (died 1514) * Anna, Duchess of Prussia (1576–1625) * Anna of Russia (1693–1740) * Anna, Lady Miller (1741–1781) * Anna Russell, Duchess of Bedford (1783–1857) * Anna, Lady Barlow (1873–1965) * Anna (feral child) (1932–1942) * Anna (rapper) (born 2003) * Anna (singer) (born 1987) * C. N. Annadurai (1909–1969), Indian politician, known as Anna (elder brother) * Sunil Shetty (born 1961), Indian actor, known by his nickname Anna Places Australia * Hundred of Anna, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Milton Friedman
Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism before shifting their focus to new classical macroeconomics in the mid-1970s. Several students, young professors and academics who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, and Robert Lucas Jr. Friedman's challenges to what he called "naive Keynesian theory" began with his interpretation of consumption, which tracks how consumers spend. He introduced a theory w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Edmunds
George Franklin Edmunds (February 1, 1828February 27, 1919) was an American attorney and Republican politician who represented the state of Vermont in the United States Senate from 1866 to 1891. He was a candidate for the Republican presidential nomination in 1880 and 1884 as a leading representative of New England and of the faction favoring civil service reform. Edmunds was born in Richmond, Vermont and began to study law while still a teenager; he proved an adept student, and was admitted to the bar as soon as he reached the minimum required age of 21. He practiced in Burlington and became active in local politics and government. Before entering the Senate, he served in a number of high-profile positions in state government, including Speaker of the Vermont House of Representatives and President pro tempore of the Vermont State Senate. Edmunds was appointed to the U.S. Senate in 1866, filling the vacancy caused by the death of Solomon Foot. He was subsequently elected ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Sherman
John Sherman (May 10, 1823October 22, 1900) was an American politician from Ohio who served in federal office throughout the Civil War and into the late nineteenth century. A member of the Republican Party, he served in both houses of the U.S. Congress. He also served as Secretary of the Treasury and Secretary of State. Sherman sought the Republican presidential nomination three times, coming closest in 1888, but was never chosen by the party. Born in Lancaster, Ohio, Sherman later moved to Mansfield, Ohio, where he began a law career before entering politics. He was the younger brother of Union general William Tecumseh Sherman, with whom he had a close relationship. Initially a Whig, Sherman was among those anti-slavery activists who formed what became the Republican Party. He served three terms in the House of Representatives. As a member of the House, Sherman traveled to Kansas to investigate the unrest between pro- and anti-slavery partisans there. He rose in party ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rutherford B
Rutherford may refer to: Places Australia * Rutherford, New South Wales, a suburb of Maitland * Rutherford (Parish), New South Wales, a civil parish of Yungnulgra County Canada * Mount Rutherford, Jasper National Park * Rutherford, Edmonton, neighbourhood * Rutherford House, in Edmonton, Alberta * Rutherford Library, University of Alberta United Kingdom * Rutherford Appleton Laboratory, Oxfordshire United States * Rutherford, California, in Napa County * East Rutherford, New Jersey * Rutherford, New Jersey * Rutherford, Pennsylvania * Rutherford, West Virginia * Rutherford County, North Carolina Rutherford County is a County (United States), county in the southwestern area of the U.S. state of North Carolina. As of the 2020 United States census, 2020 census, the population was 64,444. Its county seat is Rutherfordton, North Carolina, R ... * Rutherford County, Tennessee People * Rutherford (name), people with the surname or given name Fiction * Rut ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seigniorage
Seigniorage , also spelled seignorage or seigneurage (), is the increase in the value of money due to money creation minus the cost of producing the additional money. Monetary seigniorage is where government bonds are exchanged for newly created money by a central bank, allowing debt monetization ("borrowing" without repaying). The increased purchasing power of the government at the expense of public purchasing power imposes what is known as an inflation tax on the public. Seignorage can also refer to: * Seigniorage derived from specie (metal coins) is a tax added to the total cost of a coin (metal content and production costs) that a customer of the mint had to pay, and which was sent to the sovereign of the political region. * Seigniorage derived from banknotes is the difference between interest earned on securities acquired in exchange for banknotes and the cost of printing and distributing the notes. Seigniorage is the positive return, or carry, on issued notes and coin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Bonds
A government bond or sovereign bond is a form of bond issued by a government to support public spending. It generally includes a commitment to pay periodic interest, called coupon payments'','' and to repay the face value on the maturity date. For example, a bondholder invests $20,000, called face value or principal, into a 10-year government bond with a 10% annual coupon; the government would pay the bondholder 10% interest ($2000 in this case) each year and repay the $20,000 original face value at the date of maturity (i.e. after 10 years). Government bonds can be denominated in a foreign currency or the government's domestic currency. Countries with less stable economies tend to denominate their bonds in the currency of a country with a more stable economy (i.e. a hard currency). All government bonds carry default risk; that is, the possibility that the government will be unable to pay bondholders. Bonds from countries with less stable economies are usually considered t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Secretary Of The Treasury
The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the Cabinet of the United States, president's cabinet and, by law, a member of the United States National Security Council, National Security Council, and fifth in the U.S. presidential line of succession. Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, and, following a confirmation hearing before the United States Senate Committee on Finance, Senate Committee on Finance, will take the office if confirmed by the majority of the full United States Senate. The United States Secretary of State, secretary of state, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lame Duck Session (United States)
A lame-duck session of Congress in the United States occurs whenever one Congress meets after its successor is elected, but before the successor's term begins. The expression is now used not only for a special session called after a ''sine die'' adjournment, but also for any portion of a regular session that falls after an election. In current practice, any meeting of Congress after election day, but before the next Congress convenes the following January, is a lame-duck session. Prior to 1933, when the 20th Amendment changed the dates of the congressional term, the last regular session of Congress was always a lame-duck session. Congress has held 16 lame-duck sessions since 1940. Recesses preceding lame-duck sessions have usually begun by mid-October and typically lasted between one and two months. Congress typically reconvened in mid-November and adjourned before Christmas, so that the lame-duck session lasted about a month. Some recesses, however, have begun as early as Augus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
