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100 centavos American dollar American gold American money Austrian Austrian Krone bankers banks bills British British British East Africa British Pound buyers Centesimos cents American Ceylon circulation Colonies COMMERCIAL RATES divided into 100 divided into hundredths drafts drawn Egyptian Pound exported fixed fluctuation foreign money France French Gold Exchange Standard gold points Gold Standard gold value Government notes grammes grammes fine gold grammes of silver guaranteed Honduras Hongkong inconvertible paper money India Indian Rupee Indo-China INTRINSIC EQUIVALENTS intrinsic gold Italian Somaliland Krone legal tender London Milreis monetary system Montenegro Netherlands Newfoundland NNUN Oceania ounce Panama Peso Peso divided Philippines Piastre Portugal Portuguese Portuguese British Pound is divided pound sterling price of silver profit quoted rates of exchange Rouble Salvador Shillings shipping papers sight drafts Silver coins Silver Standard Straits Settlements theoretical unit tion trade Turkey U. S. CURRENCY units are divided weighs Zanzibar
Page 17 - GOLD EXCHANGE STANDARD wherein gold and other forms of money are legal tender, the conversion of the latter into gold being guaranteed directly by the Government by means of a conversion fund or otherwise, there being an artificial way of providing foreign exchange at fixed rates.
Page 23 - Circulation is composed of silver coins and Government notes, both of which are guaranteed by the British Government at the rate of 16 pence per Rupee. The theoretical unit, like in India, represents 0.48816 gramme of fine gold, equivalent to
Page 5 - INTRODUCTION TO THE SECOND EDITION The first edition of this book appeared a few months before the European War disturbed the entire financial structure of the world.
Page 23 - This guarantee is made effective by means of a conversion fund that provides for exchange of silver and notes into gold or foreign bills at said rate.
Page 86 - COMMERCIAL RATES OF EXCHANGE MAXIMUM AND MINIMUM RATES FOR EXCHANGE ON FOREIGN COUNTRIES IN THE UNITED STATES GOLD STANDARD...
Page 89 - Exchange on Liberia is nominal. It is figured on a gold basis, but its circulation is not gold.
Page 23 - ... conversion fund which provides for exchange at 15 Rupees per £1. The theoretical unit, then, weighs 0.48816 gramme of fine gold, equivalent to (') 0.32 4
Page 26 - But this law is not in operation and the circulation is composed of Government notes which are quoted on the market at rates fluctuating between 10 and 11 pence per PESO.