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Paper money   /pˈeɪpər mˈəni/   Listen
Paper money

noun
1.
Currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie.  Synonyms: folding money, paper currency.






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"Paper money" Quotes from Famous Books



... of paper money; but the circulating notes of banks and bankers are the species which is best known, and which seems best ...
— An Inquiry into the Nature and Causes of the Wealth of Nations • Adam Smith

... to this slight review of the resources, means of defence of and methods of attack on that colony. I conclude by observing that scarcely any coinage is to be found in circulation there. They use a currency of copper with which they pay the troops, and some paper money." (* Compare Peron's remark concerning the little time at his disposal. Both reports were written only a few days before Le Geographe left Ile-de-France ...
— The Life of Captain Matthew Flinders • Ernest Scott

... a tip," cried a man with a frock-coat and a straw hat. "Blest if I've got a single coin left—nothing but paper money. That's good enough for me. I ...
— Punch, or the London Charivari, Vol. 156, June 11, 1919 • Various

... pocket for some greasy rags of paper money which I pressed into his honourable hand. He bowed and departed. I ...
— The Mountebank • William J. Locke

... abstract economic theory is concerned. Activity in that department was confined to Webb and myself. Later on, Pease's interest in banking and currency led him to contribute some criticism of the schemes of the currency cranks who infest all advanced movements, flourishing the paper money of the Guernsey Market, and to give the Society some positive guidance as to the rapid integration of modern banking. But this was an essay in applied economics. It may be impossible to draw a line between the old abstract deductive economics and the modern historical ...
— The History of the Fabian Society • Edward R. Pease

... forms of indebtedness in obligations of the United States. His aim was to restore the value of the worthless continental dollar (a pound of tea sold for $90; a pair of shoes for $100; a barrel of flour for $1,500 in paper money) but it was pointed out that the assumption of State debts by the Government would result in most benefits to the Northern States where there was most of the trade, while mostly agriculture was in the South.... Thus we come to the ...
— A Portrait of Old George Town • Grace Dunlop Ecker

... a sort of chill settling upon him even while he reached. The crackle of the envelope in his hands was loud. Green paper money ...
— Sister Carrie • Theodore Dreiser

... wealth. The late simple farmers are to become bank directors and drink claret and champagne; and their wives and daughters to figure in French hats and feathers; for French wines and French fashions commonly keep pace with paper money. How can I hope that even Sleepy Hollow can escape the general inundation? In a little while, I fear the slumber of ages will be at end—the strum of the piano will succeed to the hum of the spinning-wheel; the trill of the Italian opera to the nasal ...
— Wolfert's Roost and Miscellanies • Washington Irving

... at this time inundated by a flood of paper money. The administration, for several years past, had paid in due bills all the supplies they had obtained, and they had been suffered to accumulate to an immense amount. A consequent depreciation had left them almost without any ...
— The American Quarterly Review, No. 17, March 1831 • Various

... them to see; and when they proceeded to the vault, Smith told them that the church had $200,000 in specie; and he opened one box and they saw that it was silver; and they were seemingly satisfied, and went away for a few days until the elders were packed off in every direction to pass their paper money."* ...
— The Story of the Mormons: • William Alexander Linn

... kind, that's all I c'n tell," he admitted. "But of course, they'd need a press of some sort to work off the paper money on. Now, chances are, it's bein' put up right in that long shed yonder, that we c'n see. Question is, how're we goin' to get close enough to peek through a crack, and find out what's ...
— The Banner Boy Scouts Afloat • George A. Warren

... constant use of silver money has had something to do with the matter. Paper money can be tucked away. Silver is more spendable, everyone knows that. Break a five-dollar bill into "iron men," and it's gone, gone. And yet it can't be the use of silver money alone that accounts for it. Reno has silver money, and yet there is little of the old, free Western ...
— Vignettes of San Francisco • Almira Bailey

... coins. Later Russian money was also prohibited, and there is now a purely national currency. On the outbreak of the war in 1913 a moratorium was declared, and the internal finance of the country was managed on a paper currency. The confidence of the people kept this paper money at its full value. I was never able to get any concession in exchanging ...
— Bulgaria • Frank Fox

... so contrary with me. I've some good news for you. (He takes out some paper money. Louka, with an eager gleam in her eyes, comes close to look at it.) See, a twenty leva bill! Sergius gave me that out of pure swagger. A fool and his money are soon parted. There's ten levas more. The Swiss gave me that ...
— Arms and the Man • George Bernard Shaw

... meat. We followed this business till about January first, when the game began to get poor, when we hung up our guns for a while. I had a little money left yet. The only money in circulation was American silver and British sovereigns. They would not sell lead ore for paper money nor on credit. During the spring I used my traps successfully, so that I saved something ...
— Death Valley in '49 • William Lewis Manly

... vehicle of this confusion, the instrument of this unconscious fraud, and all evils of the kind are enormously increased by universal education, by the periodical press, and by all the other processes of vulgarization in use at the present time. Every one deals in paper money; few have ever handled gold. We live on symbols, and even on the symbols of symbols; we have never grasped or verified things for ourselves; we judge ...
— Amiel's Journal • Mrs. Humphry Ward

... successful step, and it was only by gradual stages and from unwise measures that it eventually failed. In April 1790, assignats were made legal tender; a few months later they ceased to bear interest,—in other words, though still bonds on their face they really became paper money. In September 1790, another 800 millions were issued, and in June another 600, and in small denominations, and from that moment they began to sink in value rapidly. Until the month of January 1791 ...
— The French Revolution - A Short History • R. M. Johnston

... had died and left his country beggared and in want. The Duke of Orleans now ruled as Regent for little Louis XV. He was at his wit's end to know where to find money, when a clever Scots adventurer names John Law came to him with a new and splendid idea. this was to use paper money instead of gold and silver. The Regent was greatly taken with the idea, and he gave Law leave to issue the paper money. It was quite a good idea had it been kept within bounds. But it was not kept within bounds. All France went mad with eagerness to get ...
— This Country Of Ours • H. E. Marshall Author: Henrietta Elizabeth Marshall

... replying directly, Benjamin drew the silver from his pocket, and spread it out before them. It was quite a curiosity to them, as they used only paper money in Boston; and, besides, it caused them to think that their old associate had ...
— The Printer Boy. - Or How Benjamin Franklin Made His Mark. An Example for Youth. • William M. Thayer

... through a period of low exchange. Paper money fell below par. The exaggerated issues of it, which provoked the collapse of exchange, suddenly endowed Brazil with an abundant circulation of money. Production was enormously stimulated. New undertakings sprang up on every hand. ...
— All About Coffee • William H. Ukers

... while one was sufficient for the man. He then ransacked the house, and, between some blankets underneath the straw-bed upon which the old folks were sleeping, he found a small bag, which contained some gold, silver and paper money, amounting to over one thousand dollars. In a cold-blooded manner he further stated (and as I pen his words my blood nearly freezes in my veins), in order to search the bed upon which his victims were lying, it became necessary for him to remove the bodies; so he ...
— The Twin Hells • John N. Reynolds

... purpose of obtaining a public expression of opinion in favor of the Canal policy for connecting the Erie and the Hudson, and this at a period when the spirit of party strife had widely scattered doubts and ridicule on the contemplated movement. In the war of 1812, when paper money in small bills largely became our currency, Mr. Pintard was the person who caused those well-known mottoes, "Mind your own business," "Never despair," "Economy is wealth," and others of a like import, chiefly drawn from Franklin, to surround the ...
— The International Monthly Magazine - Volume V - No II • Various

... oftentimes great lies. They are the paper money of society, for which, on demand, there frequently proves to be no gold in ...
— Many Thoughts of Many Minds - A Treasury of Quotations from the Literature of Every Land and Every Age • Various

... effect of those I have already mentioned. He had never suffered an account to stand in his life, always providing the money before he purchased anything; and, if possible, paying in gold and silver. He had a great dislike to paper money, and seldom went without a considerable sum in gold about him. On my observing that it was a wonder he had never been waylaid and robbed, the young fellow smiled at the idea of any one venturing upon such an exploit, for I believe ...
— Bracebridge Hall • Washington Irving

... The expenditure of uncounted millions, the distribution of epaulets and military commissions for an army of half a million of men, the immense patronage involved in the letting of army contracts, the inflation of prices and the rise of property which would follow the excessive issue of paper money, made necessary by the lavish expenditure;—these, indeed, are the enormous bribes which the Republican ...
— A Report of the Debates and Proceedings in the Secret Sessions of the Conference Convention • Lucius Eugene Chittenden

... years," replied Mr. Stevens. "England did not resume specie payment the year after the wars with France. The Bank of England issued paper money, but the Government had L14,000,000 in the stock of that bank to give it security, and the Government prevented it from resuming specie payment until it thought it best. Now, when that great war of twenty-five years was over, did England attempt, in 1814 and ...
— History of the Thirty-Ninth Congress of the United States • Wiliam H. Barnes

... successful as he had previously suggested. I was interested in his reference to the double purpose of the tax and in the reasons he gave for its comparative failure. The tax had a fiscal purpose, partly to cover deficit, partly by drawing in paper money to raise the value of the rouble. It had also a political purpose. It was intended to affect the propertied classes only, and thus to weaken the Kulaks (hard-fists, rich peasants) in the villages and to teach the poorer peasants the meaning of the revolution. ...
— Russia in 1919 • Arthur Ransome

... head of 2,000 cavalry, and soon became a terror to the farmers in that vicinity by his heavy exactions in the way of horses, cattle, grain, etc. It must be confessed he paid for what he took in Confederate scrip, but as this paper money was not worth ten cents a bushel, there was very little consolation in receiving it. His followers made it a legal tender at the stores for everything they wanted. Having had some horses stolen, he sternly called on the city ...
— Chancellorsville and Gettysburg - Campaigns of the Civil War - VI • Abner Doubleday

... Dubois, of D'Argenson, my very good friends. This is what they will counsel you to do. And I will counsel you at the same time to avail yourself of their advice. Tell all France to bring in its gold, to enable you to put something essential under the value of all this paper money which you have been sending out so lavishly, so unthinkingly, ...
— The Mississippi Bubble • Emerson Hough

... freight-room in the galleon was regulated by the issue of boletas—documents which, during a long period, served as paper money in fact, for the holders were entitled to use them for shipping goods, or they could transfer them to others who wished to do so. The demand for freight was far greater than the carrying power provided. Shipping warrants were delivered gratis to the members of the Consulado, ...
— The Philippine Islands • John Foreman

... providing a monthly surplus of nearly five million dollars; and it was this revenue which kept China alive during a troubled transitional period when every one was declaring that she must die. By husbanding this hard cash and mixing it liberally with paper money, the Central Government has been able since June, 1916, to meet its current obligations and to keep the ...
— The Fight For The Republic in China • Bertram Lenox Putnam Weale

... there will come a demand for some measure of inflation in order that rising prices may forever continue. Adding silver to the currency would, as we have seen, accomplish this purpose only temporarily. In the long run this metal is bound to appreciate like gold. Using paper money would have a temporary effect and would be a more dangerous measure. Waiting for a short time for a new adjustment of loan interest to the trend of prices would be the only rational course. Will the further fall of prices rob the entrepreneurs? They must pay only the ...
— Essentials of Economic Theory - As Applied to Modern Problems of Industry and Public Policy • John Bates Clark

... on the monopoly law of value and varies with the quantity but not proportionately to the quantity. Kublai-Khan, using a Chinese device, got possession of all the gold and silver and issued paper. His empire was so great that all trade was intragroup trade, and his power made his paper money pass.[313] The Andamanese made inferior pots to be used as a medium in barter.[314] They have very little trade; are on a stage of mutual gift making.[315] Token money is an aberration of the folkways, due to misapprehension of the peculiarity ...
— Folkways - A Study of the Sociological Importance of Usages, Manners, Customs, Mores, and Morals • William Graham Sumner

... invoke the power of the nation, as was done in that great civil war of 1861, and issue paper money, receivable for all taxes, and secured by the guarantee of the faith and power of five hundred million people; and make advances to carry these ruined peasants beyond the first years of distress—that money to be a loan to them, without interest, ...
— Caesar's Column • Ignatius Donnelly

... of paper money. Something about the feel of it aroused his suspicions. He called Elmer, and when that exponent of reform entered the ...
— The Cruise of the Jasper B. • Don Marquis

... the first day of mobilization, and developed into real tragedy as the days slipped by. For although at first there was something a little ludicrous in the plight of the well-to-do, brought down with a crash to the level of the masses and loaded with paper money which was as worthless as Turkish bonds, so that the millionaire was for the time being no richer than the beggar, pity stirred in one at the sight of real suffering ...
— The Soul of the War • Philip Gibbs

... a great measure induced by the impolitic interference of that court in the dispute between England and her American colonies. Such was the deplorable condition of the French treasury in 1780, that a national bankruptcy was only avoided by the issue of paper money, which by a royal edict was enforced on the people, who were enjoined to receive it as gold or silver. Added to this a scarcity was threatened, and many of the people were actually perishing for want ...
— The History of England in Three Volumes, Vol.III. - From George III. to Victoria • E. Farr and E. H. Nolan

... bank of deposit and circulation based upon fine silver bars. The deposits were confined to silver. The Bank of England is more than 200 years old and is to-day acknowledged to be the greatest financial institution in the world. Nearly all the paper money of England is issued by this bank. This currency is based partly upon securities and partly upon deposits of coin. There are three or four banks in the United States more than one hundred years old. In 1781 Robert Morris, then superintendent of finance, submitted ...
— Up To Date Business - Home Study Circle Library Series (Volume II.) • Various

... it is best to burn them. Paper will hold germs for several weeks. Recent experiments show that certain pathogenic bacteria, including the bacilli of diphtheria, will live for twenty-eight days on paper money.—EDITOR. ...
— The Home Medical Library, Volume V (of VI) • Various

... long a time have we been using paper money in this country that it seemed almost useless to have mints to make coins, when ordinary people never saw any of them, excepting those made of ...
— St. Nicholas Magazine for Boys and Girls, Vol. 5, May, 1878, No. 7. - Scribner's Illustrated • Various

... of promise he thought it, and he enlisted the aid of Thomas Jefferson. The result was that when Clark set out on his return journey, it was with orders not only to defend Kentucky, but to attack Kaskaskia and the other British posts, and he carried with him L1,200 in paper money, and an order on the commander of Fort Pitt for such boats and ammunition as he ...
— American Men of Action • Burton E. Stevenson

... whole as to matters spiritual than her sister of the shield and trident, rolled with exceeding smoothness down hill, making paper money and spending it. Under the guidance of her Christian pastors, she entertained herself, besides, with such humane achievements as sentencing a youth to have his hands cut off, his tongue torn out with pincers, and his ...
— A Tale of Two Cities - A Story of the French Revolution • Charles Dickens

... baile, dance. barra, bar of wood or iron. batea, a wooden basin corresponding to the gold-pan. bejuco, thin filament, growing on tropical trees. Also, vine. bendita virgen, Blessed Virgin. bien, well. bien pues, well, then. billetes, bank notes, government notes, paper money. bodega, warehouse. Also, depot, supply house, cellar. boga, boatman, rower. boveda, vault, or arched enclosure. Burial vault, tomb. bueno, ...
— Carmen Ariza • Charles Francis Stocking

... of the National Government in connection with the currency of the country is to coin money and declare its value. Grave doubts have been entertained whether Congress is authorized by the Constitution to make any form of paper money legal tender. The present issue of United States notes has been sustained by the necessities of war; but such paper should depend for its value and currency upon its convenience in use and its prompt redemption in coin at the will of the holder, ...
— U.S. Presidential Inaugural Addresses • Various

... France dates from the French Revolution. Through reckless management it soon rose to $700,000,000, which sum was cut by paper money, confiscation and other repudiations to $160,000,000. This process of easing the government at the expense of the people spread consternation and bankruptcy far and wide. A great program of public expenditure following the costly war and its soon repaid indemnity raised ...
— Popular Science Monthly Volume 86

... to the Banking Business.—Nicanor has no paper money to handle, no stocks, no bonds,—and the line between legitimate interest and scandalous usury is by no means clearly drawn. There is at least one good excuse for demanding high interest. It is notoriously hard to ...
— A Day In Old Athens • William Stearns Davis

... Government and the people will derive great benefit from this change in the banking systems of the country can hardly be questioned. The national system will create a reliable and permanent influence in support of the national credit and protect the people against losses in the use of paper money. Whether or not any further legislation is advisable for the suppression of State-bank issues it will be for Congress to determine. It seems quite clear that the Treasury can not be satisfactorily conducted unless the Government can exercise a restraining power over the bank-note ...
— A Compilation of the Messages and Papers of the Presidents: Lincoln - Section 1 (of 2) of Volume 6: Abraham Lincoln • Compiled by James D. Richardson

... bankers inform me that every dollar of this and fifty percent more was gone before January 1, 1915. This is also indicated by the expansion of her paper money and her efforts to maintain the ...
— The Audacious War • Clarence W. Barron

... concerns us little. The real economic strength of the North was immense, for immigration and development were going on so fast, that, for all the strain of the war, production and exports increased. But the superficial disturbance caused by borrowing and the issue of paper money was great, and, though the North never bore the pinching that was endured in the South, it is an honourable thing that, for all the rise in the cost of living and for all the trouble that occurred in business when the premium on gold often fluctuated between 40 ...
— Abraham Lincoln • Lord Charnwood

... side. Many of the people were friendly and hundreds now renewed their oath of allegiance to the King. Washington complained that the people gave Howe information denied to him. They certainly fed Howe's army willingly and received good British gold while Washington had only paper money with which to pay. Over the proud capital floated once more the British flag and people who did not see very far said that, with both New York and Philadelphia taken, the ...
— Washington and his Comrades in Arms - A Chronicle of the War of Independence • George Wrong

... effects of Mississippi, South Sea, and such schemes were not owing to an abuse of paper money or credit, in making it a means for idleness and gaming, instead of a motive ...
— The Querist • George Berkeley

... morals, the ignorant man stands on a par with the best informed as a legislator. We might cite any number of the results of these illusions. A member of a recent House of Representatives declared that we "can repair the losses of the war by the issue of a sufficient amount of paper money." An intelligent mechanic of our acquaintance, a leader among the Nationals, urging the theory of his party, that banks should be destroyed, and that the government should issue to the people as much "paper money" as they need, denied the ...
— Baddeck and That Sort of Thing • Charles Dudley Warner

... the landing of the British troops in Boston, in 1774. There were then but three engravers, besides Revere, in America. In 1775, he engraved the plates, made the press, and printed the bills of the paper money, which was ordered by the Provincial Congress of Massachusetts. He was sent by this Congress to Philadelphia, to obtain information respecting the manufacture of gunpowder, and on his return was able, simply from having seen ...
— Tea Leaves • Various

... in town, or at least at Hammersmith. He is writing or going to write in the Courier against Cobbett, and in favour of paper money. ...
— The Works of Charles and Mary Lamb, Vol. 5 • Edited by E. V. Lucas

... mostly intelligent volunteers, had similar difficulty in passing time. They had, however, one successful thing which interested them for a time. The money then in circulation in Richmond consisted entirely of paper money, in the form of Corporation notes, and those of business firms, plank roads, or private ...
— Ball's Bluff - An Episode and its Consequences to some of us • Charles Lawrence Peirson

... Nothing less than the national credit is sufficiently solid and enduring to be the basis of a paper currency throughout the vast extent of our country. It is eminently fit that this perfect solidarity of the central government with those who furnish paper money for the people of every locality, should be required and maintained on a proper basis. But the currency thus provided is not liable to any of the objections properly urged against a paper circulation issued by the Government itself; it is issued by individuals ...
— Continental Monthly, Vol. 5, Issue 2, February, 1864 • Various

... Changarnier, "you are right. Since the 2d of December words of honor and oaths are no more than worthless paper money." ...
— The History of a Crime - The Testimony of an Eye-Witness • Victor Hugo

... like the Union, Treasury did not have the courage to force the issue upon taxation and leaned throughout the war largely upon loans. It also had recourse to the perilous device of paper money, the gold value of which was not guaranteed. Beginning in March, 1861, it issued under successive laws great quantities of paper notes, some of them interest bearing, some not. It used these notes in payment of its domestic obligations. The purchasing value of the notes soon ...
— The Day of the Confederacy - A Chronicle of the Embattled South, Volume 30 In The - Chronicles Of America Series • Nathaniel W. Stephenson

... believe it had any value. We spent it as though it were paper. One would as soon have thought of collecting old newspapers as of playing the miser with it. That is probably the true secret of the fall in the value of money. Economists explain it in other ways. But it seems likeliest that paper money lost its value because we did not value it. Shopkeepers took advantage of our foolish innocence, and the tailor demanded sums in paper that he would never have dared to ask in gold. I doubt if the habit of thrift will ever be ...
— The Pleasures of Ignorance • Robert Lynd

... it so. But away from their control some deeds of truculence occurred. The prison warders, as the spirit moved them, forced the Slavs there to be quiet, or to shout "Viva Italia!" Most of the Slavs were in the gaol for having had in their possession Austrian paper money stamped by the Yugoslav authorities; these notes were subsequently declared by the Italians to be illegal; but if a man came from Croatia, for example, and had nothing else, it was a trifle harsh to lock him up and confiscate the money. ...
— The Birth of Yugoslavia, Volume 2 • Henry Baerlein

... Revolution, by the feudal privileges of a noble caste which no longer gave any equivalent service to the state; trade was strangled by the system of high tariffs at the frontier and internal octrois; and finally public credit was shaken to its foundations by lavish issues of paper money and the neglect ...
— Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 1 - "Austria, Lower" to "Bacon" • Various

... longer make any use of their enormous military strength! This lesson ought to be taught in every school-house in the United States, until every child is made to understand that there is no such thing in the world as paper money; that the only real money in the world is standard gold and silver; that paper can be used in the place of money only when it represents the real gold or silver in which it can at any time be redeemed; that ...
— Forty-Six Years in the Army • John M. Schofield

... on the sober treatment of the West, where no joss-stick is burnt, and no paper money is offered on the altar of some favourite P'u-sa; though, if they knew the whole truth, they would discover that intercessory prayers for the recovery of sick persons are considered by many of us to be of equal importance with the administration ...
— Chinese Sketches • Herbert A. Giles

... instead of taking in New York, watched the spendthrift contrivance yelping for her dollars, she remembered that she owned but two hundred. She had had to be "decent" about tips on board. But forty pounds—two hundred dollars—had looked magnificent in her hand bag that morning. Paper money spread itself in such a lordly manner and seemed able to buy so many separate things. But by the time the merciless taxi had bumped her through devious ways up to Fifty-Fourth Street, three of the beautiful green dollar bills ...
— Winnie Childs - The Shop Girl • C. N. Williamson

... dear. But why don't the boys prick their horses and jog a trot? The mare is mighty un'asy, and it's no warm in this cursed valley, riding as much like a funeral party as old rags is to continental." [Footnote: The paper money issued by congress was familiarly called continental money. This term "continental" was applied to the army, the congress, the ships of war, and in short, to almost everything of interest which belonged to the new government. It would seem to have ...
— The Spy • James Fenimore Cooper

... of Vendean paper money had been nailed to the wall by the preceding gardener, an old Chouan, who had died in the convent, and whose place ...
— Les Miserables - Complete in Five Volumes • Victor Hugo

... us? Oh hell, we've got to ride plugs, that's all, and not one of them good enough to stagger round a water well. You see, don't you, partner? You see what I mean? You know, the men on the other side-they get shiny new silver coins while we get only lousy paper money printed in that murderer's factory, that's what we get, yes, that's ours, I ...
— The Underdogs • Mariano Azuela

... the Bank of Bengal, the Bank of Madras, and the Bank of Bombay, in which the Indian Government is interested, are the leading Indian banks. The Bank of Bengal was opened in 1806. No bank in India is allowed to issue notes. The paper money in use is issued by the Paper Currency Department of the Government of India, and the notes are known as 'currency notes'. The issue of these notes began in 1862-3. (Balfour, Cyclopaedia, 3rd ed., s.v. 'Bank and Paper Currency'). Much Indian capital ...
— Rambles and Recollections of an Indian Official • William Sleeman

... lack of good money in the County and industry was paralyzed. The gold and silver that remained was carefully hoarded, and for months none was in circulation except in the towns. The people had no faith in paper money of any description and thought that greenbacks would become worthless in the same way as had Confederate currency. All sense of values had been lost, which fact may account for the fabulous and fictitious prices obtaining in the South for several years after the war, and the liberality of appropriations ...
— History and Comprehensive Description of Loudoun County, Virginia • James W. Head

... weather beaten, and his men almost in a state of mutiny from having received no pay. In these straits the colonial government found it impracticable to raise money, and resorted to "bills of credit," the first paper money which had ever been ...
— The Conquest of Canada (Vol. 1 of 2) • George Warburton

... the Imperial authorities, for ship- building, transport service, and army supplies, and the free circulation of the paper money issued by the Canadian Government, greatly stimulated the material prosperity of the country. [Footnote: The paper money of the United States was not redeemed till it had greatly depreciated in value, to the often ruinous loss of the holders.] Its peaceful industries, agriculture, ...
— Neville Trueman the Pioneer Preacher • William Henry Withrow

... puts his hand in his pocket and pulls out a lot of fine cut, and some keys and a knife and some paper money, and ...
— The Man Next Door • Emerson Hough

... him spring up as though he heard the rustling of paper money. His information was very precise. The signora Talberg very seldom ate at the hotel. She had some friends who were occupying a furnished flat in the district of Chiaja, with whom she usually passed almost the entire day. Sometimes ...
— Mare Nostrum (Our Sea) - A Novel • Vicente Blasco Ibanez

... necessity for regular soldiers, trained to fight and experienced enough to know that a single defeat does not mean the loss of all hope, and that "ability and constancy correct misfortune." He denounced the misuse of public funds and declared himself against state paper money not guaranteed, pointing out that such a currency was a clear violation of the right of property, since men who had objects of real value had to exchange them for paper, the price of which was uncertain and even imaginary. Acknowledging that the federal system was the best, he declared ...
— Simon Bolivar, the Liberator • Guillermo A. Sherwell

... ideals—produced an antagonism between interior and coast, which worked itself out in interesting fashion. In general this took these forms: contests between the property-holding class of the coast and the debtor class of the interior, where specie was lacking, and where paper money and a readjustment of the basis of taxation were demanded; contests over defective or unjust local government in the administration of taxes, fees, lands, and the courts; contests over apportionment in the legislature, whereby the coast was able to dominate, even when its white population was in ...
— The Frontier in American History • Frederick Jackson Turner

... is melted and remelted, all scraps are used, even the sweepings from the mint and from manufacturing goldsmiths' shops are saved and the gold used. The waste of the world's gold and silver would be much greater but for the use of paper money, bank checks, and notes. Their very general use keeps the gold as a reserve, held in banks and storage vaults much of the time. If it were in constant use, the continual rubbing together of the coins would mean a no less steady, though slight, wearing away of their surface. This is very noticeable ...
— Checking the Waste - A Study in Conservation • Mary Huston Gregory

... fallen to you. Your taxes would not have been lessened, because she would have been in no condition to have paid any towards your relief. We are rich by contrivance of our own, which would have ceased as soon as you became masters. Our paper money will be of no use in England, and silver and gold we have none. In the last war you made many conquests, but were any of your taxes lessened thereby? On the contrary, were you not taxed to pay for ...
— The Writings Of Thomas Paine, Complete - With Index to Volumes I - IV • Thomas Paine

... regarded as good Democratic authority, seems to have differed in opinion from the gentleman who has addressed us on the part of the minority. Those who are opposed to this proposition tell us that the issue of paper money is a function of the bank, and that the Government ought to go out of the banking business. I stand with Jefferson rather than with them, and tell them, as he did, that the banks ought to go out of the ...
— One Thousand Secrets of Wise and Rich Men Revealed • C. A. Bogardus

... being flung on to a lifeless market when Hawtrey walked out of the mortgage jobber's place of business in the railroad settlement one bitter afternoon. He had a big roll of paper money in his pocket, and was feeling particularly pleased with himself, for prices had steadily fallen since he had joined in the bear operation Edmonds had suggested, and the result of it had proved eminently ...
— Hawtrey's Deputy • Harold Bindloss

... the Assembly for raising fifty thousand pounds for the King's use by a tax which included the proprietary lands. The Governor, constrained by his instructions and his bonds, rejected it. "I can only say," he told them, "that I will readily pass a bill for striking any sum in paper money the present exigency may require, provided funds are established for sinking the same in five years." Messages long and acrimonious were exchanged between the parties. The Assembly, had they chosen, could easily have raised money enough by methods not involving ...
— Montcalm and Wolfe • Francis Parkman

... The currencies of the different colonies were in great confusion, on account of the various and extensive issues of paper money, which was greatly depreciated in value. Apparently a pound in New York currency was in 1741 worth about 2.25 Mexican silver dollars, a pound in Rhode Island currency about .85 of a dollar. Douglass, Summary ...
— Privateering and Piracy in the Colonial Period - Illustrative Documents • Various

... requisites became very scarce or failed altogether as time went on. We could buy an infinitesimal piece of stolen toilet soap for a not infinitesimal price, and were rationed as to washing soap and matches. The currency on board was a very mixed one, consisting of Japanese yen, both in silver and paper money, English, Spanish, and German silver, and German canteen tokens—all marked S.M.S. Victoria Louise—ranging in value from ...
— Five Months on a German Raider - Being the Adventures of an Englishman Captured by the 'Wolf' • Frederic George Trayes

... without a moment's delay, in order that all arrangements might be completed by the time that the boat sailed. He was almost sure he had acknowledged taking the small rolls of silver that were on the table; he was quite sure that he had left the full value in paper money in exchange. There could be no mistake about it, and he had never doubted but his father had ...
— The Inglises - How the Way Opened • Margaret Murray Robertson

... of the war a paper dollar was worth only about half its face value in gold. An attempt was made to raise the relative value of the greenbacks and to prepare for the resumption of specie payments by retiring the paper money from circulation as rapidly as possible. This policy meant, of course, a contraction of the volume of currency and consequently met with immediate opposition. In February, 1868, Congress prohibited the further ...
— The Agrarian Crusade - A Chronicle of the Farmer in Politics • Solon J. Buck

... any march could be made toward Schooley's Mountain, or any definite directions given in regard to the whereabouts of the treasure, each member should pay to the spirits, through Mr. Rogers, who would kindly act as agent, the sum of twelve pounds. And, moreover, this must not be paid in the paper money then current in New Jersey, which was called "loan money", and which would not pass outside of the State, but in gold or silver. When every member had paid in his twelve pounds, then the party would be led to the place ...
— Stories of New Jersey • Frank Richard Stockton

... All my white folks come back from de war and didn't git kilt. Nobody ever telt me I's free. I's happy dere and never left dem till 1872. All de others gone befo' dat, but I gits all I wants and I didn't need no money. I didn't know what paper money was and one time massa's son give me a paper dime to git some squab and I didn't know what money was and ...
— Slave Narratives: a Folk History of Slavery in the United States From Interviews with Former Slaves - Texas Narratives, Part 1 • Works Projects Administration

... the last communication she was destined to receive from her accomplished nephew. There was a Note attached to it, which cannot fail to enhance its value in the estimation of all right-minded persons who assist the circulation of paper money. ...
— My Lady's Money • Wilkie Collins

... of business to do at the theatre that night. For a week he had not banked the theatre's takings, but had converted them into paper money, and now he took from his safe the last penny he could carry. It was half-past eleven when he came to his Club, where supper had been prepared for him. He paid the bill from notes he had taken from the bank that day. Presently ...
— Jack O' Judgment • Edgar Wallace

... Strand and across Trafalgar Square did a good deal toward restoring the poise of her wits. For safety, she had pinned the envelop containing her paper money and tickets inside her blouse. The mere presence of the solid little parcel reminded her at every movement that she was truly bound for the wonderful Engadine, and, now that the notion was becoming familiar, she was the more astonished that the choice of "The Firefly" ...
— The Silent Barrier • Louis Tracy

... thing, however, Mrs. Wagner was well aware—a certain sum of money, in notes and securities, was always kept in this safe as a reserve fund. She took the tin box in which the paper money was placed close to the light, and counted its contents. Then, replacing it in the safe, she opened the private ledger next, to compare the result of her counting with the entry relating ...
— Jezebel • Wilkie Collins

... sou, penny, shilling, tester, groat, guinea; rouleau^; wampum; good sum, round sum, lump sum; power of money, plum, lac of rupees. major coin, crown; minor coin. monetarist, monetary theory. [Science of coins] numismatics, chrysology^. [coin scholar or collector] numismatist. paper money, greenback; major denomination, minor denomination; money order, postal money order, Post Office order; bank note; bond; bill, bill of exchange; order, warrant, coupon, debenture, exchequer bill, assignat^; blueback [U.S.], hundi^, shinplaster ...
— Roget's Thesaurus of English Words and Phrases: Body • Roget

... flourishing state in England is owing to that bank-paper, and not the bank-paper to the flourishing condition of our commerce, to the solidity of our credit, and to the total exclusion of all idea of power from any part of the transaction. They forget that in England not one shilling of paper money of any description is received but of choice,—that the whole has had its origin in cash actually deposited,—and that it is convertible at pleasure, in an instant, and without the smallest loss, into cash again. Our paper is of value in commerce, because in law it is of none. It is powerful ...
— The Works of the Right Honourable Edmund Burke, Vol. III. (of 12) • Edmund Burke

... him. "On February twelfth your father left money, marked coin and paper money, as if by accident, on the top of the liquor cabinet; not exposed, but dropped in under the edge of the big ash tray so it might look as though it were forgotten—in ...
— The Million-Dollar Suitcase • Alice MacGowan

... bowing his head before the image of the Lord of Light, the Buddha, or the peasant woman with her paper money alight in the brazier at the feet of Kwan-yin, we ought to feel that the place where he who worships stands, is holy ground. We hear it said that he is worshipping an image, an idol, a thing of stone or wood or clay. It is not so; he is thinking far beyond the statue, he is seeing ...
— My Lady of the Chinese Courtyard • Elizabeth Cooper

... main street, which, like all the highways in Mangi, is paved with stone on each side, and in the midst full of gravel, with passages for the water, which keeps it always clean." Salt, silk, fruit, precious stones, and cloth of gold are the chief commodities; the paper money of the Great Khan is used everywhere; all the people, except a few Nestorians and Moslems, are "idolaters, so luxurious and so happy that a man would think ...
— Prince Henry the Navigator, the Hero of Portugal and of Modern Discovery, 1394-1460 A.D. • C. Raymond Beazley

... whole country was overrun with paper money. Mr. Sherman published in that year a little pamphlet, entitled, "A Caveat Against Injustice, or An Inquiry Into the Evil Consequences of a Fluctuating Medium of Exchange." He stated with great clearness and force the arguments ...
— Autobiography of Seventy Years, Vol. 1-2 • George Hoar

... just to add that the count de Tendilla redeemed his promises like a loyal knight; and this miracle, as it appeared in the eyes of Fray Antonio Agapida, is the first instance on record of paper money, which has since inundated the civilized ...
— Chronicle of the Conquest of Granada • Washington Irving

... except glorious victories, honorable wounds, and a knowledge of the power and bravery of its enemy. Both had serious burdens to bear, which, for many years to come, would be painful reminders of the past. Austria, to cover the expenses of the war, had invented paper money, and had flooded the empire with millions of coupons. Prussia had coined base money, and all the employes of the state had received notes, which were nicknamed "Beamtenscheine." After the war these notes ...
— Joseph II. and His Court • L. Muhlbach

... it is simple," he continued with animation in spite of his foreign accent. "On this island a plant to print paper money, to coin silver. With that we shall land, pay our men as they flock to us, collect forces, seize cities, appropriate the customs. Once we start, ...
— Constance Dunlap • Arthur B. Reeve

... father, "our paper money and government notes are fine examples of accurate and perfect workmanship. I suppose, as they pass through our hands, we seldom consider the labor that goes into making them. From the time the designer begins his work to the moment ...
— Paul and the Printing Press • Sara Ware Bassett

... only those in the public service; and gold, silver or copper money will not be accepted in payment for the things sold. At first, all public servants will continue to be paid in metal money, but those who desire it will be paid all or part of their wages in paper money of the same nominal value, which will be accepted in payment for their purchases at the National Stores and at the National Hotels, Restaurants and other places which will be established for the convenience of those in the State service. The money ...
— The Ragged Trousered Philanthropists • Robert Tressell

... pocket was some change, a little English silver and coppers, some Dutch silver and paper money. In the right-hand trouser pocket ...
— The Man with the Clubfoot • Valentine Williams

... sir," he answered much more civilly, for, pretending to look for something in my pocket, I had intentionally pulled out my leather wallet, containing two hundred pounds or more in notes, and opened it for an instant. There is nothing like the sight of paper money to ensure civility from a policeman disposed to be impertinent—I should like, in justice, to add that most policemen ...
— The Four Faces - A Mystery • William le Queux

... time and/or storage handed to students at the beginning of a computer course; also called 'play money' or 'purple money' (in implicit opposition to real or 'green' money). In New Zealand and Germany the odd usage 'paper money' has been recorded; in Germany, the particularly amusing synonym 'transfer ruble' commemmorates the funny money used for trade between COMECON countries back when the Soviet Bloc still existed. When your funny ...
— The Jargon File, Version 4.0.0

... very poor," said Alaire, and opened her purse; but Longorio would not permit her to give. Extracting a large roll of paper money from his own pocket, he tossed it, without counting, to Juan, and then when the onlookers applauded he loudly called to one of his ...
— Heart of the Sunset • Rex Beach

... with its enormous increase in the national debt and the volume of paper money, gold had gone to a high premium; and, as ever, by its fluctuations in price the value of all other commodities was determined. This led to the creation of a "Gold Room" in Wall Street, where the precious metal could be dealt in; while for dealings in stocks there ...
— Edison, His Life and Inventions • Frank Lewis Dyer and Thomas Commerford Martin

... not reply immediately. Reaching under the rear corner of the mats, he drew forth a large cash-box. Grief noted and wondered that it was not locked. The Samoan had always been fastidiously cautious in guarding cash. The box seemed filled with paper money. He skinned off the top note and passed ...
— A Son Of The Sun • Jack London

... country, resulting from years of a fluctuating currency. This depression contributed largely to the revival movement, and helped to spread the enthusiasm of the Great Awakening. Connecticut's currency had been freer from inflation than that of other New England colonies. But her paper money experiments in the years from 1714 to 1749 grew more and more demoralizing. Up to 1740, Connecticut had issued L156,000 in paper currency. At the time of the Great Awakening she had still outstanding L39,000 for which the colony was responsible. Of this, all but L6000 had been covered ...
— The Development of Religious Liberty in Connecticut • M. Louise Greene, Ph. D.

... rising prices. As the rise has taken place not only in commodities of which there is a shortage, but in others such as sugar, it may be concluded that it is due largely to the inflation of the currency, owing to the adoption of the fatally easy expedient of issuing large masses of paper money. ...
— The War and Democracy • R.W. Seton-Watson, J. Dover Wilson, Alfred E. Zimmern,

... was at first at some loss to account for. But a moment's reflection told me that it was to assist in the fulfilment of our share of the bargain. So, taking a five-pound note from the secret pocket in which I carried my paper money, I tied the string to it, and it was instantly withdrawn. A minute could not have elapsed before I was at work upon the staple of my collar, and in less than half an hour it was filed through and the iron was off ...
— A Bid for Fortune - or Dr. Nikola's Vendetta • Guy Boothby

... road. At ten he came and a very sensible man I found him; said the bank had registered certain wealthy individuals improperly, and therefore the charter had been refused; this more than the removal of the deposits had injured the credit and business of the country; admitted that there was too much paper money but thought it should have been lessened gradually; Hindle & Co. should have been called to account. The President had no right to renew the deposits without consent of the Senate, and hence their displeasure; the Representatives support him on account of popularity. A most interesting ...
— A Journey to America in 1834 • Robert Heywood

... ordered a large amount of paper money issued. The banks have been obliged to obey him; but as every one knows that no coin has been deposited in the Treasury to make the paper notes good, people do not ...
— The Great Round World and What Is Going On In It, Vol. 1, No. 30, June 3, 1897 - A Weekly Magazine for Boys and Girls • Various

... point out wherein his hostility exceeded constitutional limits. The consequences were most disastrous to the immediate interests of the country, but probably not to its ultimate interests. The substitution of "pet banks" for government deposits led to a great inflation of paper money, followed by a general mania for speculation. When the bubble burst these banks were unable to redeem their notes in gold and silver, and suspended their payments. Then the stringency of the money market equalled the previous inflation. In consequence there ...
— Beacon Lights of History, Volume XII • John Lord

... right and I'm going down for the size of his bankroll." The speaker was evidently a miner, for he carried a bulky pack upon his shoulders. He placed a heavy palm over the back of Phillips' hand, then extracted from the depths of his overalls a fat roll of paper money. ...
— The Winds of Chance • Rex Beach

... dollars, wrapped in a warm shawl, much to pussy's disgust. A number of women had dogs and were weeping, probably at leaving other canines behind. Several persons carried little grips so heavy that they tugged along—evidently "Chechako," or paper money, was more scarce with ...
— A Woman who went to Alaska • May Kellogg Sullivan

... any new Louis. No paper money or assignats is known in the Mint; I bought some coins here, and paid for them in guineas, which are currant for twenty-five livres. There are twelve or fourteen mills, which were all at work in coining crown pieces, and likewise several hammering machines, one of which ...
— A Trip to Paris in July and August 1792 • Richard Twiss

... distress, and would have furnished far better grounds than exist at present for that gloomy representation of our condition which has been presented. Mr. Speaker has alluded to the strong inclination which exists, or has existed, in various parts of the country, to issue paper money, as a proof of great existing difficulties. I regard it rather as a very productive cause of those difficulties; and the committee will not fail to observe, that there is, at this moment, much the loudest complaint of distress precisely where there has been the greatest attempt to relieve ...
— The Great Speeches and Orations of Daniel Webster • Daniel Webster

... Northern States was drinking mescal and gambling for the paper money Pasquale had issued and rolling about in the dust with joyous whoops from each squirming mass. It was a happy Legion, though a dirty one. It let its chief do all the worrying about how it was to be fed and transported. ...
— Steve Yeager • William MacLeod Raine

... fourteen titled estates, paying for them in paper; and the public hailed these sudden and vast acquisitions of landed property as so many proofs of the soundness of his system. In one instance he met with a shrewd bargainer, who had not the general faith in his paper money. The President de Novion insisted on being paid for an estate in hard coin. Law accordingly brought the amount, four hundred thousand livres, in specie, saying, with a sarcastic smile, that he preferred paying in money as its weight rendered it a mere encumbrance. As it happened, the president could ...
— The Crayon Papers • Washington Irving

... the Yankee has always manifested a disposition for making money, but he never struck a proper field for the display of his genius until we got to making paper money. [Laughter.] Then every man who owned a printing-press wanted to try his hand at it. I remember that in Washington ten cents' worth of rags picked up in the street would be converted the next day into ...
— Modern Eloquence: Vol III, After-Dinner Speeches P-Z • Various

... countered the Cap., "Germany can print money and keep on paying; as long as the war lasts paper money will be honored; it has to be if the Government says so. Only when the end comes and there is no gold to honor the paper will the crash come: Germany hopes to be in the position to obtain compensation when the war ends. I believe that Germany is deliberately ...
— On the Fringe of the Great Fight • George G. Nasmith

... home! For our ravished one you will, I suppose, permit his beloved country to pay—in its new paper money at 'most any discount—and call it square, eh?" Half the bitterness of her tone was in ...
— Kincaid's Battery • George W. Cable

... government. From John Adams to Lincoln, only three important measures remain: The acquisition of Louisiana, the acquisition of California, and the Independent Treasury Bill. The war of 1812 was unwise, and in conduct it was weak. The policy of that middle period in regard to paper money, to internal improvements, in regard to the protection of domestic industry, and in regard to slavery has been set aside or overthrown by the better judgment of recent years. Yet so much are statesmen and parties the servants or victims of events, ...
— Reminiscences of Sixty Years in Public Affairs, Vol. 1 • George Boutwell

... retirement, in November, 1768, of the last issues of the old Bills of Credit, according to the terms of the Paper Currency Act passed by Parliament during Mr. Grenville's administration. As a result of this retirement of all the paper money in the province, money of any sort was exceedingly scarce during the years 1769 and 1770. Lyon dollars were rarely seen; and the quantity of Spanish silver brought into the colony through the trade with the foreign islands, formerly considerable ...
— The Eve of the Revolution - A Chronicle of the Breach with England, Volume 11 In The - Chronicles Of America Series • Carl Becker

... electricity, for such as can afford them. Men are brisk and alert even in the summer heats, and there are shops of a very good kind, though a trifle showy. There are many newspapers to help the Milanese to be better men and to cultivate charity and humility; there are banks full of paper money; there are soldiers, good pavements, and all that man requires to fulfil him, soul and body; cafes, arcades, mutoscopes, and every sign of the perfect state. And the whole centres in a splendid open square, in the midst of which is the cathedral, ...
— The Path to Rome • Hilaire Belloc

... by a large issue of paper money, the delusion was kept up longer than it would otherwise have been. The first symptom of something wrong was the turning of the exchange against England. A diminution of issues at the bank followed. Merchants began to experience difficulties in meeting pecuniary ...
— Diaries of Sir Moses and Lady Montefiore, Volume I • Sir Moses Montefiore

... spitting, "gouging," and bowie-knives—for monster hotels, steamboat explosions, railway collisions, and repudiated debts. It is believed also that this nation is renowned for keeping three millions of Africans in slavery—for wooden nutmegs, paper money, and "fillibuster" expeditions—for carrying out nationally and ...
— The Englishwoman in America • Isabella Lucy Bird

... are not nice things to put in your pocket! I speak of those of moderate value, say 100 dollars. I believe those of higher denominations, not so much in use, are better. Accustomed to our clean and crisp notes, I was surprised that the go-ahead Americans had such paper money, for bad as it is in some parts of the continent, I have never seen such offensive notes as the American. I believe, here in England, all paper money paid into the bank is destroyed, and new issued in its stead, and that this accounts for our clean, crisp, and undilapidated ...
— The Truth About America • Edward Money

... only very little; because the universal friend is too obtuse to mind anybody's faults, and too obtuse, also, to mind anybody's great virtues? In short, do not such women pay people merely in the paper money of attention, which can be multiplied at pleasure, rather than in the gold coin of sympathy, of which the supply is ...
— The Countess of Albany • Violet Paget (AKA Vernon Lee)

... commercial promoter. After killing an antagonist in a duel in London, he escaped the gallows by fleeing to the Continent, where he followed gaming and at the same time devised financial schemes which he proposed to various governments for their adoption. His favorite notion was that large issues of paper money could be safely circulated with ...
— The Great Events by Famous Historians, v. 13 • Various

... country, which seemed to dread its natural defenders only less than its enemies. In the fall of 1780, however, in the general depression which followed upon the disasters at Charleston and Camden, the collapse of the paper money, and the discovery of Arnold's treason, there was serious danger that the army would fall to pieces. At this critical moment Washington had earnestly appealed to Congress, and against the strenuous opposition of Samuel Adams had at length ...
— The Critical Period of American History • John Fiske

... trained to take them into action. "Our steamers," Gordon said, "are blinded and bullet proof, and do splendid work, for you see they cannot run away, and must go into action." The food supply, such as it was, was regulated so that nothing should be wasted, and paper money was issued, redeemable in six months. So great was the faith of the inhabitants in Gordon's ultimate success that L2500 worth of this paper money was in circulation by the end of April, and L26,000 worth was issued before the end of July. In addition, the merchants advanced ...
— General Gordon - A Christian Hero • Seton Churchill

... merely remarked that such things were never allowed to occur in the British Empire, though, doubtless, they were to be expected under governments which had injured the market so greatly in the past by repudiating their bargains. Their debased silver currency and their worthless paper money were an ...
— People of Position • Stanley Portal Hyatt

... o'clock this morning, Monsieur Nanteuil accompanied the little hand-cart used for transferring the bullion and paper money to the station, from whence it was to be despatched. According to custom, six of the bank clerks and three plain clothes men went with Monsieur Nanteuil. But, at the very moment when the hand-cart passed out of the place de l'Opera and turned the corner of the rue du Quatre Septembre, that is to ...
— Messengers of Evil - Being a Further Account of the Lures and Devices of Fantomas • Pierre Souvestre

... Delaherche asserted on his word of honor that Sedan could never have weathered the crisis produced by the exportation of all their specie had it not been for the wisdom of the local magnates in emitting an issue of paper money, a step that had saved the city from ...
— The Downfall • Emile Zola

... which my minister of finance will submit to you are in conformity with the system of finance I have established. We will meet all demands without borrowing, which uses up the resources of the future, and without paper money, which is the ...
— Widger's Quotations from The Memoirs of Napoleon • David Widger

... does not issue bank-notes, which would be regarded with suspicion among the people, but it is interesting to find that the monopoly granted to the Imperial Bank of Persia for the issue of paper money has had excellent results, in Teheran particularly, where the Bank is held in high esteem and the notes have been highly appreciated. In other cities of Persia which I visited, however, the notes did not circulate, ...
— Across Coveted Lands - or a Journey from Flushing (Holland) to Calcutta Overland • Arnold Henry Savage Landor

... who issued the token in question in 1809, carried on the business of bankers in Guernsey under the style of "The Guernsey Bank." This Bank was in existence for about ten years in the beginning of the present century, and was, I am told, the first to issue paper money (L1 notes) in Guernsey. It came to grief, however, after this ...
— The Coinages of the Channel Islands • B. Lowsley



Words linked to "Paper money" :   bank bill, Federal Reserve note, bank note, banker's bill, note, banknote, government note, fractional currency, bill, greenback, currency, fiat money



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