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Paris Monetary Conference (1881)
The International Monetary Conference of 1881 was the third of a series of international monetary conferences, convened in Paris on and adjourned in July of that year. Like the previous iteration in 1878, it failed to achieve a cooperative outcome. Overview Due to the continuing fall in the value of silver, the conference was convened jointly by France and the United States. The previous conference in 1878 had been attended by delegates from Austria-Hungary, Belgium, France, Italy, the Netherlands, Russia, Sweden (jointly with Norway), Switzerland, the United Kingdom and the United States. In 1881, five additional nations sent delegates: Denmark, Germany, Greece, Portugal, and Spain, making 15 participating nations in total. The 1881 conference was chaired by French finance minister Pierre Magnin. At the conference France and the United States gave stronger support to the proposal to restore bimetallism, while the delegates of the smaller European countries were opposed, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bimetallism
Bimetallism, also known as the bimetallic standard, is a monetary standard in which the value of the monetary unit is defined as equivalent to certain quantities of two metals, typically gold and silver, creating a fixed rate of exchange between them. For scholarly purposes, "proper" bimetallism is sometimes distinguished as permitting that both gold and silver money are legal tender in unlimited amounts and that gold and silver may be taken to be coined by the government mints in unlimited quantities. This distinguishes it from "limping standard" bimetallism, where both gold and silver are legal tender but only one is freely coined (e.g. the moneys of France, Germany, and the United States after 1873), and from "trade" bimetallism, where both metals are freely coined but only one is legal tender and the other is used as "trade money" (e.g. most moneys in western Europe from the 13th to 18th centuries). Economists also distinguish ''legal'' bimetallism, where the law guarantees ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Standard
A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971 when the United States unilaterally terminated convertibility of the US dollar to gold, effectively ending the Bretton Woods system. Many states nonetheless hold substantial gold reserves. Historically, the silver standard and bimetallism have been more common than the gold standard. The shift to an international monetary system based on a gold standard reflected accident, network externalities, and path dependence. Great Britain accidentally adopted a ''de facto'' gold standard in 1717 when Sir Isaac Newton, then-master of the Royal Mint, set the exchange rate of silver to gold too low, thus causing silver coins to go out of circulation. As Great Britain became the world's leading financ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diplomatic Conferences In France
Diplomatics (in American English, and in most anglophone countries), or diplomatic (in British English), is a scholarly discipline centred on the critical analysis of documents: especially, historical documents. It focuses on the conventions, protocols and formulae that have been used by document creators, and uses these to increase understanding of the processes of document creation, of information transmission, and of the relationships between the facts which the documents purport to record and reality. The discipline originally evolved as a tool for studying and determining the authenticity of the official charters and diplomas issued by royal and papal chanceries. It was subsequently appreciated that many of the same underlying principles could be applied to other types of official document and legal instrument, to non-official documents such as private letters, and, most recently, to the metadata of electronic records. Diplomatics is one of the auxiliary sciences of hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1881 In France
Events from the year 1881 in France. Incumbents *President: Jules Grévy *President of the Council of Ministers: Jules Ferry (until 14 November), Charles de Freycinet (starting 14 November) Events * 13 February – First issue of the feminist newspaper ''La Citoyenne'' is published by Hubertine Auclert. * 23 March – A fire caused by a gas explosion destroys the Opéra de Nice with fatalities. * 12 May – Treaty of Bardo is signed between the French Republic and Tunisian bey Muhammed as-Sadiq. Tunisia becomes a French protectorate. * 29 July – Law on the Freedom of the Press passed. Births * 11 January – Lucien Rosengart, engineer (died 1976) * 21 January – André Godard, archeologist and architect (died 1965) * 19 February – Paul Tournon, architect (died 1964) * 20 February – Julien Maitron, cyclist (died 1972) * 21 February – Marc Boegner, theologist, pastor, French Resistance member and essayist (died 1970) * 18 March – Paul Le Flem, composer and musician ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1881 Conferences
Events January–March * January 1–January 24, 24 – Siege of Geok Tepe: Russian troops under General Mikhail Skobelev defeat the Turkmen people, Turkomans. * January 13 – War of the Pacific – Battle of San Juan and Chorrillos: The Chilean army defeats Peruvian forces. * January 15 – War of the Pacific – Battle of Miraflores: The Chileans take Lima, capital of Peru, after defeating its second line of defense in Miraflores. * January 24 – William Edward Forster, chief secretary for Ireland, introduces his Coercion Bill, which temporarily suspends habeas corpus so that those people suspected of committing an offence can be detained without trial; it goes through a long debate before it is accepted February 2. * January 25 – Thomas Edison and Alexander Graham Bell form the Oriental Telephone Company. * February 13 – The first issue of the feminist newspaper ''La Citoyenne'' is published by Hubertine Auclert. * Febru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
19th-century Diplomatic Conferences
The 19th (nineteenth) century began on 1 January 1801 ( MDCCCI), and ended on 31 December 1900 ( MCM). The 19th century was the ninth century of the 2nd millennium. The 19th century was characterized by vast social upheaval. Slavery was abolished in much of Europe and the Americas. The First Industrial Revolution, though it began in the late 18th century, expanding beyond its British homeland for the first time during this century, particularly remaking the economies and societies of the Low Countries, the Rhineland, Northern Italy, and the Northeastern United States. A few decades later, the Second Industrial Revolution led to ever more massive urbanization and much higher levels of productivity, profit, and prosperity, a pattern that continued into the 20th century. The Islamic gunpowder empires fell into decline and European imperialism brought much of South Asia, Southeast Asia, and almost all of Africa under colonial rule. It was also marked by the collapse of the la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conferences In Paris
A conference is a meeting of two or more experts to discuss and exchange opinions or new information about a particular topic. Conferences can be used as a form of group decision-making, although discussion, not always decisions, are the main purpose of conferences. History The first known use of "conference" appears in 1527, meaning "a meeting of two or more persons for discussing matters of common concern". It came from the word "confer", which means "to compare views or take counsel". However the idea of a conference far predates the word. Arguably, as long as there have been people, there have been meetings and discussions between people. Evidence of ancient forms of conference can be seen in archaeological ruins of common areas where people would gather to discuss shared interests such as "hunting plans, wartime activities, negotiations for peace or the organisation of tribal celebrations". Since the 1960s, conferences have become a lucrative sector of the tourism indus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paris Monetary Conference (1867)
The International Monetary Conference was held in Paris from 17 June to 6 July 1867, the first of a series of international monetary conferences. The conference was the brainchild of French statesman Félix Esquirou de Parieu, who had been instrumental in the creation two years before of the Latin Monetary Union. Overview The Paris Exhibition of 1867 furnished the occasion for summoning the conference, which was attended by Austria, Baden, Bavaria, Belgium, Denmark, Greece, France, Italy, the Netherlands, the Ottoman Empire, Portugal, Prussia, Russia, Spain, Sweden (jointly with Norway), Switzerland, the United Kingdom, the United States, and Württemberg. The inaugural session was chaired by French foreign minister Lionel de Moustier, then the next three by Parieu. As the conference was viewed as having had a successful start, Napoleon III, as a sign of imperial approbation, deisgnated Prince Napoléon-Jérôme Bonaparte to take the chair; the prince cha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pierre Magnin
Pierre Magnin (1 January 1824 – 22 November 1910) was a French politician of the Second French Empire and French Third Republic. He was born in Dijon, France. He was a member of the Chamber of Deputies of France from 1863 to 1870. He was a member of the National Assembly of 1871 from 1871 to 1875. He was a member of the Senate of France from 1875 until his death. He was governor of the Banque de France from 1881 to 1897. He was minister of agriculture and commerce (4 September 1870 – 18 February 1871). He was minister of finance (28 December 1879 – 13 November 1881) in the governments of Charles de Freycinet and Jules Ferry. He died in Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), ma .... Sources * {{DEFAULTSORT:Magnin, Pierre 1824 births 1910 deaths Politicians ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary And Economic Conferences
The international monetary and economic conferences were a series of assemblies held between 1867 (first) and 1933 (last), unless the Bretton Woods Conference of 1944 is included. The first four conferences in the 19th century were held with a view to reaching agreement on matters relating to international relationships between national monetary systems. After World War I, the scope of the conferences was expanded to matters of financial stability, then trade and economics more broadly; the last two iterations, in 1927 and 1933, were branded World Economic Conference. The latter London Economic Conference, conference in London, however, ended in significant failure, and the formula of periodical international conferences was subsequently abandoned in favor of the permanent international financial institutions of the post-World War II order. Background The conferences were a manifestation of a decided tendency towards securing reforms by concerted international action. The disorgani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Empire
The German Empire (),Herbert Tuttle wrote in September 1881 that the term "Reich" does not literally connote an empire as has been commonly assumed by English-speaking people. The term literally denotes an empire – particularly a hereditary empire led by an emperor, although has been used in German to denote the Roman Empire because it had a weak hereditary tradition. In the case of the German Empire, the official name was , which is properly translated as "German Empire" because the official position of head of state in the constitution of the German Empire was officially a "presidency" of a confederation of German states led by the King of Prussia who would assume "the title of German Emperor" as referring to the German people, but was not emperor of Germany as in an emperor of a state. –The German Empire" ''Harper's New Monthly Magazine''. vol. 63, issue 376, pp. 591–603; here p. 593. also referred to as Imperial Germany, the Second Reich, as well as simply Germany, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
