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单词 free coinage
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free coinage
free coinage n. now historical the conversion of privately owned bullion into legal coinage free of charge at a government mint.Free coinage of silver was a prominent issue in debate over the U.S. monetary system in the late 19th cent. (cf. free silver n.).
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1695 Laws & Acts 5th Session 1st Parl. William xvii. 34 The foresaid Expense of a free Coinage, and several matters relating to the Mint were indeed settled.
1710 I. Newton Mint Rep. in Corr. (1975) V. 16 It is ordeined that considering that by the Act of Parliament 1686 anent a free coinage there is only allowed eighteen pounds Scots upon the stone weight of silver for defraying the whole charge wast expences & loss upon its coinage.
1891 Daily News 23 Feb. 5/7 The popular reaction against free coinage continues, extending even to the silver-producing States.
1897 N. Amer. Rev. Nov. 552 Some of the countries which suspended the free coinage of silver..will take advantage of the new gold supplies for replacing some of their overvalued silver.
2006 N.Y. Times (Nexis) 11 June vi. 13/3 Desperate for relief from creditors, they [sc. 19th-cent. farmers] demanded an expansion of the money supply through the free coinage of silver.
extracted from freeadj.n.adv.
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