IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-95925-8_17.html
   My bibliography  Save this book chapter

American Monetary Standard

In: Essays in Economic History

Author

Listed:
  • Lawrence H. Officer

    (University of Illinois at Chicago)

Abstract

The U.S. unit of account changed from the states’ specific British-based system to national decimal accounting. There was no functioning national mint until 1794. The gold and silver contents of the dollar were altered several times over 1786–1934, and the effective monetary standard 1791–1973 was subject to change nationally and/or with geographic exception, as well as (ultimately) internationally. The legal-tender status of foreign coin and coinage of private bullion are issues of importance. Suspensions of specie payments (convertibility of paper money into gold or silver) on the part of banks or the Treasury or Federal Reserve gave rise to paper-standard episodes.

Suggested Citation

  • Lawrence H. Officer, 2022. "American Monetary Standard," Springer Books, in: Essays in Economic History, chapter 0, pages 303-339, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-95925-8_17
    DOI: 10.1007/978-3-030-95925-8_17
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-030-95925-8_17. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.