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3
votes
0answers
24 views

How much would votes sell for in early America?

I am reading an essay by Alfred F. Young right now in which the author mentions that Gouverneur Morris said of enfranchising those without property: Give the vote to people who have no property ...
27
votes
1answer
3k views

How much were telegraphists in the 1950s paid?

I'm doing some research for a small project, and am having some difficulty finding information on telegraphists as a whole. The information I'm trying to find is rather specific, and I can't seem to ...
8
votes
2answers
791 views

How can the value of older currencies be expressed in modern units? How is the conversion rate calculated? [duplicate]

We can pretty often read something like.. "He owned this sum of silver/gold which is equal to this sum of dollars in our time." But how is this calculated? How can you know what a 1000 dollars was in ...
0
votes
1answer
138 views

How much money did the participating nations spend in the Napoleonic Wars? [closed]

How much money did Great Britain, Russia and France collect per year during Napoleonic wars as total revenue, and how much money did each one spend in total on that war?
0
votes
1answer
123 views

What was used to pay taxes in Medieval England [closed]

Was coinage issued by the Kings (Queen) used to pay taxes in Medieval England? If so were these silver or gold coins or base metal ? And how did the use of tally sticks fit into the tax system
7
votes
1answer
404 views

What did the paper money of the Ilkhanate look like?

In the 1200s the Mongols conquered Persia (and a few other places). The portion of the empire in Persia was known as the Ilkhanate, ruled over by the ilkhan. Influenced by Chinese paper money, the ...
4
votes
0answers
120 views

Does Patonce Cross symbol have any record of use in Hungary?

In Hungary they introduce new notes of 10000 HUF which contains a symbol I couldn't relate to Hungary's history, there were no official note known to me why do they use Patonce Cross on Hungarian ...
16
votes
4answers
694 views

How can prices be compared over time?

I've just asked a question where Tyler Durden wrote in his answer that paper was expensive at Euclids time. So I wanted to ask the question: How did the price of paper / papyrus develop over ...
10
votes
2answers
1k views

Purpose of Guinea in British monetary history

I read about Guinea itself, how it was made, but I don't really understand why would anybody keep a money worth 5% more than an existing denomination like Pound. I can accept the 1/20 and 1/12 ...
5
votes
3answers
129 views

Why did overestimated coins led to inflation and well-estimated coins to deflation?

It is said in Debt, the first 5,000 years by David Graeber (chapter 4, note 2) that when the value of metal coins represented exactly their weight, the result was deflation. The author says that when ...
15
votes
3answers
536 views

What were the factors that caused the world to move away from the Gold Standard in the 20th century?

For most of the world's history for thousands of years, gold was used as the medium of exchange for money. The world gradually moved off the gold standard in the 20th century. What were the factors ...
5
votes
1answer
413 views

What happened to the wealth of the Roman Catholic Church accumulated over the ages?

At one point in history, the Roman Catholic Church was the largest land owner in Europe. Given the power of compounding, the length of time for the compounding to take effect plus the huge principal ...
3
votes
1answer
139 views

When did Germany begin to store it's gold deposits abroad? [closed]

I just learned from this question that Germany is storing it's gold reserves around the globe. When did this practice start? What was occurring at that time that drove the decision? And an ...
7
votes
3answers
395 views

Until 1600, was it legal to counterfeit money?

Forging money or currency is more often called counterfeiting and, as is well known, the counterfeiting of money is usually attacked aggressively by today's governments. But, generally speaking, was ...
3
votes
1answer
142 views

How was money transferred before digital transactions?

Take, for example, the late 18th century and pre-French Revolution. The American War of Independence (1775 - '83) and the Seven Years War (1754 - '63) were financially ruinous for Louis XVI's France, ...
36
votes
6answers
1k views

Has a state ever “attacked” another one by printing fake money?

Has any state ever performed an "economic attack" against another state, by printing fake money of the victim's currency? Or, is it known if someone ever considered doing it, and which were the ...