Word: gold
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Dates: during 1910-1919
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...fields and forests. Behind them rests even the skill, the enterprise and ingenuity of our people. If property is safe, if the nation is safe, if life is safe, then those bonds are safe. And if those bonds are not safe, then a man had as well consign his gold to the sea and his existence to oblivion, for the world...
Those men who may not, or are not going to war, have in the Liberty Loan a way of showing their confidence in those who pay their irredeemable lives for the nation's being. They cannot fail to equal in cheaply gained gold that sacrifice which others make and may not regain, having made...
...Nation has been prospering largely in a financial sense through this war, and perhaps the farmers, as a class, have prospered more than anybody, but many manufacturers also have prospered. In consequence, we have the largest pile of gold that the world ever saw, according to the statisticians, it being $3,600,000,000. A great deal of gold or gold paper is in the pockets of people all over the country and doing no good. The large banks, corporations, and capitalists are buying these bonds in large blocks, but, inasmuch as this is a democracy, every man having...
...their services to their nation. They will give them to the very death. They are called on now to render the second and the lesser duty, in person and by influence to entrust their savings to the government for its uses, that our nation, in making war may lack gold no more than men. We can believe that the response will be generous, the result inspiring...
...June 17, 1864, the Federal Congress passed an act designed to stop "speculation in the Government's money." The value of greenbacks had been very unstable, and that fact had been manifesting itself in a rising price of gold in terms of greenbacks in "futures" in the gold exchange in New York. Congress, therefore, by law closed the gold exchange, and forbade "futures" in gold and foreign exchange. Buying and selling went on--in small, demoralized markets. Gold was worth 198 in green-backs on the day the law passed. The next day it went to 208; the next...