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Why did farmers support bimetallism or free silver in the late 1800?
In the late 1800s, a political party emerged known as the Populists that was comprised dominantly of farmers. This group wanted the free and unlimited coinage of silver. Led by William Jennings Bryan, the Democratic nominee for the 1896 election, free silverites demanded inflation of the silver coin. The farmers supported bimetallism or free silver in the late 1800s because many of them were struggling to make ends meet, and the inflation of silver would add much needed financial respite. For example, if one were to borrow two dollars in gold, this sum could be paid back in two dollars of silver. Silver and gold, under a Populist notion, are considered equal. Yet silver is NOT equivalent to gold, and the true worth of the debt repaid in silver would be equivalent to one dollar.
What was Hawaii's leading export in the late 1800s?
hawaii's leading export in the late 1800s was SUGAR.
Why was there a rush of inventions in the late 1800s?
because there just was that's why there was a rush of inventions in the late 1800s
Who were the rulers in japan from the 1100s to the late 1800s?
The rulers in Japan from the 1100s to the late 1800s were called the "Shoguns" :)
Did french women have jobs in the late 1800s?
yes french woman had jobs in the late 1800s .they worked by cleaning and cooking
Why did farmers support bimetallism or free silver in the late 1800?
In the late 1800s, a political party emerged known as the Populists that was comprised dominantly of farmers. This group wanted the free and unlimited coinage of silver. Led by William Jennings Bryan, the Democratic nominee for the 1896 election, free silverites demanded inflation of the silver coin. The farmers supported bimetallism or free silver in the late 1800s because many of them were struggling to make ends meet, and the inflation of silver would add much needed financial respite. For example, if one were to borrow two dollars in gold, this sum could be paid back in two dollars of silver. Silver and gold, under a Populist notion, are considered equal. Yet silver is NOT equivalent to gold, and the true worth of the debt repaid in silver would be equivalent to one dollar.
What was a symbol representing gold silver and the government's promise to pay in the late 1800s?
Paper Currency
How much are pre 1965 silver half dollars worth?
Pre-1965 silver half dollars, which contain 90% silver, typically have a base value determined by their silver content, which fluctuates with market prices. As of late 2023, the silver value alone is around $7 to $9 per coin, depending on the current silver market. However, numismatic value can increase the worth for certain coins based on rarity and condition, potentially making them worth more to collectors. Always check current silver prices and consult a coin dealer for precise evaluations.
A talent of silver worth in us dollars?
A talent of silver is an ancient unit of weight that typically ranged from about 25 to 40 kilograms. The value of a talent of silver in US dollars varies based on current silver prices, which fluctuate regularly. As of late 2023, if we consider the price of silver to be around $25 per ounce, a talent (approximately 2,204.62 ounces) would be worth around $55,000 to $66,000, depending on the exact weight used for the talent.
Are there any silver dollars that are worth more than a dollar?
Many. Any 90% silver dollar minted before 1936 is worth about 75% of the current spot price of silver just for its silver content. For example, with a troy ounce of silver selling for about $28 in late 2010, a typical silver dollar would have a metal value of around $20 or $21.The metal value is the lowest amount you could get. Most, if not badly worn or damaged, are worth more, and many in high grades are worth hundreds of dollars. Some will trade in the thousands, and a very few can exceed $100,000.
How much Is the late Brian Jones Estate worth?
Net worth about 6 million dollars
How much is a 1893 silver dollar peace worth?
Peace dollars were minted from late 1921 to 1935. The older series is called a Morgan dollar after its designer, George T. Morgan.
How much are uncirculated 1964 Kennedy half-dollars worth?
As of April 2011, about $14, for their silver contentOther dates1965-69 halves are made of 40% silver and are worth about $6 in uncirculated condition.
How much is 100 Philippine piso worth in U.S. dollars?
In late March 2015, 100 Philippine Pisos is worth about 2.23 US Dollars.
What was Hawaii's leading export in the late 1800s?
hawaii's leading export in the late 1800s was SUGAR.
Which financial policy would a rural southern farmer have been most likely to support in the late 1800s?
D) the Free Silver movementv
Why was there a rush of inventions in the late 1800s?
because there just was that's why there was a rush of inventions in the late 1800s
