A Quote by Laurence Sterne
Titles of honour are like the impressions on coin; — which add no value to gold and silver, but only render brass current.
Related Quotes
Titles of honor are like the impressions on coins, which add no value to gold or silver, but only render brass current.
Silver and gold are not the only coin; virtue too passes current all over the world.
If anybody has any idea of hoarding our silver coins, let me say this. Treasury has a lot of silver on hand, and it can be, and it will be used to keep the price of silver in line with its value in our present silver coin. There will be no profit in holding them out of circulation for the value of their silver content.
The available supply of gold and silver being wholly inadequate to permit the issuance of coins of intrinsic value or paper currency convertible into coin of intrinsic value or paper currency convertible into coin in the volume required to serve the needs of the People, some other basis for the issue of currency must be developed, and some means other than that of convertibility into coin must be developed to prevent undue fluctuation in the value of paper currency or any other substitute for money intrinsic value that may come into use.
Prior to 1968, the gullible gentiles could take a one dollar Federal Reserve note into any bank in America and redeem it for a dollar which was by law a coin containing 412 1/2 grains of 90 per cent silver. Up until 1933, one could have redeemed the same note for a coin of 25 4/5ths grains of 90 per cent gold. All we do is give the goy more non-redeemable notes, or else copper slugs. But we never give them their gold and silver. Only more paper.
Practically and commercially speaking, a dollar is not necessarily a specific thing, made of silver, or gold, or any other single metal, or substance. It is only such a quantum of market value as exists in a given piece of silver or gold.
Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges.
In the commerce of language use only coin of gold and silver.
It has therefore been justly observed that however honestly the coin of a country may conform to its standard, money made of gold and silver is still liable to fluctuations in value, not only to accidental, and temporary, but to permanent and natural variations, in the same manner as other commodities.
Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.
Virtue and learning, like gold, have their intrinsic value: but if they are not polished, they certainly lose a great deal of their luster: and even polished brass will pass upon more people than rough gold.
Specie [gold and silver coin] is the most perfect medium because it will preserve its own level; because, having intrinsic and universal value, it can never die in our hands, and it is the surest resource of reliance in time of war.
In the interchange of thought use no coin but gold and silver.
It was important that people come to value light as we value gold, silver, paintings, objects.
I went to America in the winter of 1872-73, authorised to secure, if I could, the passage of a bill demonetising silver. It was in the interest of those I represented - the governors of the Bank of England - to have it done. By 1873, gold coins were the only form of coin money.
Flattery is a base coin which is current only through our vanity.
Related Authors
Charles Bukowski Quotes
American
Novelist
Charles Dickens Quotes
English
Novelist
Chuck Palahniuk Quotes
American
Novelist
Ernest Hemingway Quotes
American
Novelist
George Eliot Quotes
British
Novelist
George Orwell Quotes
British
Novelist
George R. R. Martin Quotes
American
Novelist
Jane Austen Quotes
British
Novelist
Johann Wolfgang von Goethe Quotes
German
Novelist
Margaret Atwood Quotes
Canadian
Novelist
Nicholas Sparks Quotes
American
Novelist
Paulo Coelho Quotes
Brazilian
Novelist
Sarah Dessen Quotes
American
Novelist
Stephenie Meyer Quotes
American
Novelist
Veronica Roth Quotes
American
Novelist
Victor Hugo Quotes
French
Novelist