Word: function
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Dates: during 1890-1899
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...this, however, contributes little towards understanding the nature and uses of money; still less towards comprehending the relations between gold and silver in the performance of that function. Until more is known about the cave of Machpelah than history has banded down, the statement that Abraham paid four hundred shekels for it throws but a faint light on the purchasing power of money in his time; while the proud boast that King Solomon "made silver to be in Jerusalem as stones," though enough to make Senators Jones and Stewart rank infidels, does not even suggest a ratio...
...political prospects, however, point not in this direction, but towards a contraction of the currency. There is a reasonable hope, too, that the two functions of the treasury will be separated, but that, contrary to the English system, the government will retain the function of issuing currency...
...practically as good as legal tenders and the national bank notes are convertible into the latter. But the United States has never been able to find an effective method for maintaining the gold reserve. In fact, the trouble lies in the fact that the U. S. treasury performs two functions that should never be united, (a) that of financial agent to the government, (b) the duty of maintaining a gold reserve. The latter function should not be made to depend upon the revenues of the government. The present low condition of the treasury has been the result...
Lectures on Social Problems. VI. Function of the University relative to Social Evils. Dr. Frederick H. Wines, of Springfield, Ill. Sever...
...Function of the University relative to Social Evils...