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Gold Coinage Act
The Coinage Act of 1849 was an Act of the United States Congress passed during the California Gold Rush authorizing the Mint to produce two new gold coins in response to the increased gold supply: the small gold dollar and the large double eagle worth twenty dollars. The Act also defined permissible variances in gold coinage. Background Legislation House Bill No. 746 was introduced by James Iver McKay on January 25, 1849. On February 20, 1849, the bill was reported by the United States House Committee on Ways and Means and taken up by the House for debate. The bill passed the House the same day and moved to consideration in the Senate. On March 3, 1849, the bill was reported by the United States Senate Committee on Finance and taken up by the Senate for debate. The bill passed the Senate the same day with amendments and was sent back to the House for consideration. The House agreed to the amendments and the bill was signed into law by President James K. Polk. Effects Se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Iver McKay
James Iver McKay (July 17, 1792September 14, 1853) was a member of the United States House of Representatives from North Carolina. He was born in 1792, near Elizabethtown, North Carolina. He pursued classical studies and then law. He was appointed United States attorney for the district of North Carolina on March 6, 1817, and also served in the North Carolina General Assembly (1815–1819, 1822, 1826, and 1830). He was elected as a Jacksonian to the 22nd through 24th congresses (1831–1837) and as a Democrat to the 25th through 30th congresses (1837–1849). He served as chairman of the: Committee on Military Affairs (25th Congress), Committee on the Post Office and Post Roads (26th Congress), Committee on Expenditures in the Department of War (27th Congress), Ways and Means Committee (28th and 29th congresses). He was also the chief sponsor of the Walker Tariff of 1846; and was the favorite son of the North Carolina delegation at the 1848 Democratic National Convention fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Senate Committee On Finance
The United States Senate Committee on Finance (or, less formally, Senate Finance Committee) is a standing committee of the United States Senate. The Committee concerns itself with matters relating to taxation and other revenue measures generally, and those relating to the insular possessions; bonded debt of the United States; customs, collection districts, and ports of entry and delivery; deposit of public moneys; general revenue sharing; health programs under the Social Security Act (notably Medicare and Medicaid) and health programs financed by a specific tax or trust fund; national social security; reciprocal trade agreements; tariff and import quotas, and related matters thereto; and the transportation of dutiable goods. It is considered to be one of the most powerful committees in Congress. History The Committee on Finance is one of the original committees established in the Senate. First created on December 11, 1815, as a select committee and known as the Committee o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1849 In Law
Events January–March * January 1 – France begins issue of the Ceres series, the nation's first postage stamps. * January 5 – Hungarian Revolution of 1848: The Austrian army, led by Alfred I, Prince of Windisch-Grätz, enters in the Hungarian capitals, Buda and Pest. The Hungarian government and parliament flee to Debrecen. * January 8 – Hungarian Revolution of 1848: Romanian armed groups massacre 600 unarmed Hungarian civilians, at Nagyenyed.Hungarian HistoryJanuary 8, 1849 And the Genocide of the Hungarians of Nagyenyed/ref> * January 13 ** Second Anglo-Sikh War – Battle of Tooele: British forces retreat from the Sikhs. ** The Colony of Vancouver Island is established. * January 21 ** General elections are held in the Papal States. ** Hungarian Revolution of 1848: Battle of Nagyszeben – The Hungarian army in Transylvania, led by Josef Bem, is defeated by the Austrians, led by Anton Puchner. * January 23 – Elizabeth Blackwell is awarded her M.D. by the Medi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Federal Currency Legislation
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965-19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coinage Act Of 1965
The Coinage Act of 1965, , eliminated silver from the circulating United States dime (ten-cent piece) and quarter dollar coins. It also reduced the silver content of the half dollar from 90 percent to 40 percent; silver in the half dollar was subsequently eliminated by a 1970 law. There had been coin shortages beginning in 1959, and the United States Bureau of the Mint expanded production to try to meet demand. The early 1960s was a time of increased use of silver both in the coinage and in industry, putting pressure on the price of silver, which was capped at just over $1.29 per ounce by government sales at that price. The silver in a dollar's worth of quarters would be worth more as bullion than as money if the price of the metal rose past $1.38 per ounce, and there was widespread hoarding of silver coins. Demand for the Kennedy half dollar as a collectable drove it from circulation after its debut in 1964. The Bureau of the Mint increased production, helping reduce the coin s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
