1934 gold certificate : Free gold miner game download : 1 10 oz gold bullion.
1934 Gold Certificate
- (GOLD CERTIFICATES) Written confirmation of ownership of gold without necessarily having to take physical delivery of the metal.
- (GOLD CERTIFICATES) With the increase of gold in America partially brought on by the rush of the mid 1800’s, this metal became a prevalent asset for exchange.
- A gold certificate in general is a certificate of ownership that gold owners hold instead of storing the actual gold. It has both a historic meaning as a US paper currency (1882–1933) and a current meaning as a way to invest in gold.
- Year 1934 (MCMXXXIV) was a common year starting on Monday (link will display full 1934 calendar) of the Gregorian calendar.
1934 gold certificate – The Art
United States Custom House interior
The celebrated interior of the United States Custom House, a magnificent Beaux-Arts design by architect Cass Gilbert, holds a special place as one of the finest examples of government architecture in the United States. The exterior was designated a New York City Landmark on October 14, 1965.
Begun in 1905, the interior was essentially completed in 1909. 1 Gilbert’s design incorporated the motifs of an interior rotunda and an exterior colonnade, both elements of earlier New York custom houses by Town f* Davis and by Isaiah Rogers. He also created a building to satisfy both the practical needs of the Custom Service, at this its busiest location, and to symbolize artistically the unique position which the New York Custom House held in the eyes of the nation and the world.
In the days before income and corporate taxes the national government was run largely on the tariff revenues from imported goods. In 1852 it was estimated that fully 80 percent of the entire country’s customs revenue came from the New York Custom House.
The powers and staff of the Collector of the Port of New York grew with the increasing volume of trade, and because the Collector drew his salary as a percentage of the annual revenue, he boasted a yearly income which was greater than the President’s. In addition, he had about 1,000 well-paying government positions at his disposal and was, in fact, the largest dispenser of Federal patronage in the State of New York. With this immense political Power the Collector achieved a national stature second only to that of the Secretary of the Treasury. In 1884 one reporter summed up the situation:
Three things are perfectly clear to citizens of New York: first, the United States of America constitute the greatest country on earth; second, New York is the greatest city in the country; third, the Custom-House is the greatest institution in the city.
Since 1789 when the Custom Service established, the New York Custom House had moved from one location to another in the lower end of Manhattan. When a fire in 1815 swept through Government House on Bowling Green, where the custom service had been located since 1799, the facility was moved to Wall Street. The first building to be built specifically as a custom house was the well-known Greek Revival structure by Town & Davis at the corner of Wall and Nassau Streets. Now known as Federal Hall, the Town § Davis building was built in 1834. Within thirty years the New York Custom Service had outgrown this building, and 1863 it moved into the former Third Merchants’ Exchange by Isaiah Rogers near the corner of Wall and William Streets. Cass Gilbert’s custom house was built to replace the Rogers building. Indeed Rogers’ classical colonnade and his central rotunda are echoed in Gilbert’s design.
In 1888 a report was sent to the Supervising Architect of the Treasury Department registering a complaint against the custom house at Wall and William which was described as "old, damp, ill-lighted, badly ventilated" with much wasted space. it was pointed out that the Federal government was in the process of paying $75,000 a year to rent office space in New York City and that by building a new Federally-owned facility it could save a considerable sum. Previously one argument for keeping the custom house in the Wall Street area had been the convenience in transporting gold to the Sub-Treasury.
By the end of the 19th century, however, payments on revenue were commonly made by check or certificate. A recommendation was therefore made to build a new custom house on "the three small blocks immediately south of Bowling Green, at the foot of Broadway, fronting on the Battery, between Whitehall and State Streets.”
As the business of the New York Custom House was tightly bound to the political climate of the city, so too was the construction of a new custom house. The Republican political machine wanted exclusive rights in the spending of large sums for construction. In 1892 the Secretary of the Treasury had decided upon the Bowling Green site but work on the custom house could not begin until the old facility was sold which was not until 1899. In the early years of the Republic the President had taken the responsibility for overseeing the construction of Federal buildings, but by 1865 the work was taken over by the Office of the Supervising Architect of the Treasury Department.
Over the years because of the tremendous increase in Federal construction, many felt that better buildings would be achieved if private architects were invited to compete for the design and construction of the Federal work. In 1893 after much pressure from the American Institute of Architects, the Tarsney Act was passed. This act authorized the Secretary of the Treasury, at his discretion, to invite no fewer than five architects to compete for the design of any Federal building. The general supervision of the construction was, however, left to
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423: The Invention of Money • This American Life
Originally aired 01.07.2011
"Five reporters stumbled on what seems like a basic question: What is money? The unsettling answer they found: Money is fiction."
"Silver Certificates are a type of representative money printed from 1878 to 1964 in the United States as part of its circulation of paper currency. They were produced in response to silver agitation by citizens who were angered by the Fourth Coinage Act, which had effectively placed the United States on a gold standard. The certificates were initially redeemable in the same face value of silver dollar coins, and later in raw silver bullion. Since 1968 they have been redeemable only in Federal Reserve Notes and are thus obsolete, but are still valid legal tender."
1934 gold certificate