By James Powell
ISBN-10: 0660195712
ISBN-13: 9780660195711
Книга посвящена истории канадского доллара. Отлично проиллюстрирована цветными изображениями.
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Additional resources for A History of the Canadian Dollar
Example text
In contrast, between 1900 and 1913, Canada g r e w r a p i d l y, a n d i n f l a t i o n a r y p r e s s u r e s mounted as huge amounts of foreign capital (as a percentage of Canadian GDP) entered the country. S. greenback (1862–79) In 1862, the American Civil War began to affect currency in the United States. S. S. Treasury notes (government-issued paper money) into gold. S. ” While little was said officially regarding the future convertibility of greenbacks into gold, it was widely assumed that convertibility would be restored when the war was won (Willard et al.
48. 28 United States, half-dollar, 1859 Images representing Liberty figured prominently on American coins during the nineteenth century. ” first lien on the issuing bank’s assets in the event of failure. 47 ) The government preserved the issuance of smaller notes for itself. It also issued notes in larger denominations to be used mainly for transactions between banks. S. silver fractional coins—dimes, quarters, and half-dollars—circulated freely in Canada, alongside British shillings and, after 1858, Canadian coins minted by the Province of Canada.
It was not until 1876 that the Dominion of Canada issued its own 1-cent coin (Cross 2003, 53). S. and British silver coins from circulation in Canada, along with the reorganization of Canada’s copper coinage, did much to promote the circulation of a distinctive Canadian currency. Dominion of Canada, 5, 10, 25, and 50 cents, 1870 The Dominion of Canada’s first coinage consisted of these four denominations. It was modelled on the provincial issue of 1858. One-cent coins were not ordered until 1876, since there were still adequate numbers of provincial cents on hand.
A History of the Canadian Dollar by James Powell
by Paul
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