One Nation Under Gold: How One Precious Metal Has Dominated the American Imagination for Four Centuries

One Nation Under Gold: How One Precious Metal Has Dominated the American Imagination for Four Centuries
Author: James Ledbetter
Publisher: Liveright Publishing
Total Pages: 205
Release: 2017-06-13
Genre: History
ISBN: 1631493965

One Nation Under Gold examines the countervailing forces that have long since divided America—whether gold should be a repository of hope, or a damaging delusion that has long since derailed the rational investor. Worshipped by Tea Party politicians but loathed by sane economists, gold has historically influenced American monetary policy and has exerted an often outsized influence on the national psyche for centuries. Now, acclaimed business writer James Ledbetter explores the tumultuous history and larger-than-life personalities—from George Washington to Richard Nixon—behind America’s volatile relationship to this hallowed metal and investigates what this enduring obsession reveals about the American identity. Exhaustively researched and expertly woven, One Nation Under Gold begins with the nation’s founding in the 1770s, when the new republic erupted with bitter debates over the implementation of paper currency in lieu of metal coins. Concerned that the colonies’ thirteen separate currencies would only lead to confusion and chaos, some Founding Fathers believed that a national currency would not only unify the fledgling nation but provide a perfect solution for a country that was believed to be lacking in natural silver and gold resources. Animating the "Wild West" economy of the nineteenth century with searing insights, Ledbetter brings to vivid life the actions of Whig president Andrew Jackson, one of gold’s most passionate advocates, whose vehement protest against a standardized national currency would precipitate the nation’s first feverish gold rush. Even after the establishment of a national paper currency, the virulent political divisions continued, reaching unprecedented heights at the Democratic National Convention in 1896, when presidential aspirant William Jennings Bryan delivered the legendary "Cross of Gold" speech that electrified an entire convention floor, stoking the fears of his agrarian supporters. While Bryan never amassed a wide-enough constituency to propel his cause into the White House, America’s stubborn attachment to gold persisted, wreaking so much havoc that FDR, in order to help rescue the moribund Depression economy, ordered a ban on private ownership of gold in 1933. In fact, so entrenched was the belief that gold should uphold the almighty dollar, it was not until 1973 that Richard Nixon ordered that the dollar be delinked from any relation to gold—completely overhauling international economic policy and cementing the dollar’s global significance. More intriguing is the fact that America’s exuberant fascination with gold has continued long after Nixon’s historic decree, as in the profusion of late-night television ads that appeal to goldbug speculators that proliferate even into the present. One Nation Under Gold reveals as much about American economic history as it does about the sectional divisions that continue to cleave our nation, ultimately becoming a unique history about economic irrationality and its influence on the American psyche.

Colonial Spanish America

Colonial Spanish America
Author: Leslie Bethell
Publisher: CUP Archive
Total Pages: 484
Release: 1987-05-07
Genre: History
ISBN: 9780521349246

The complete Cambridge History of Latin America presents a large-scale, authoritative survey of Latin America's unique historical experience from the first contacts between the native American Indians and Europeans to the present day. Colonial Spanish America is a selection of chapters from volumes I and II brought together to provide a continuous history of the Spanish Empire in America from the late fifteenth to the early nineteenth centuries. The first three chapters deal with conquest and settlement and relations between Spain and its American Empire; the final six with urban development, mining, rural economy and society, including the formation of the hacienda, the internal economy, and the impact of Spanish rule on Indian societies. Bibliographical essays are included for all chapters. The book will be a valuable text for both students and teachers of Latin American history.

Golden Kingdoms

Golden Kingdoms
Author: Joanne Pillsbury
Publisher: Getty Publications
Total Pages: 331
Release: 2017-09-26
Genre: Art
ISBN: 1606065483

This volume accompanies a major international loan exhibition featuring more than three hundred works of art, many rarely or never before seen in the United States. It traces the development of gold working and other luxury arts in the Americas from antiquity until the arrival of Europeans in the early sixteenth century. Presenting spectacular works from recent excavations in Peru, Colombia, Panama, Costa Rica, Guatemala, and Mexico, this exhibition focuses on specific places and times—crucibles of innovation—where artistic exchange, rivalry, and creativity led to the production of some of the greatest works of art known from the ancient Americas. The book and exhibition explore not only artistic practices but also the historical, cultural, social, and political conditions in which luxury arts were produced and circulated, alongside their religious meanings and ritual functions. Golden Kingdoms creates new understandings of ancient American art through a thematic exploration of indigenous ideas of value and luxury. Central to the book is the idea of the exchange of materials and ideas across regions and across time: works of great value would often be transported over long distances, or passed down over generations, in both cases attracting new audiences and inspiring new artists. The idea of exchange is at the intellectual heart of this volume, researched and written by twenty scholars based in the United States and Latin America.

Pyrite

Pyrite
Author: David Rickard
Publisher: Oxford University Press
Total Pages: 329
Release: 2015-04-08
Genre: Science
ISBN: 0190203684

Most people have heard of pyrite, the brassy yellow mineral sometimes known as fool's gold. Pyrite behaves like stone and shines like metal, and its dual nature makes it a source of both metals and sulfur. Despite being the most common sulfide mineral on the earth's surface, pyrite's bright crystals have attracted the attention of many different cultures, and its nearly identical visual appearance to gold has led to tales of fraud, trickery, and claims of alchemy. Pyrite occupies a unique place in human history: it became an integral part of mining culture in America during the 19th century, and it has a presence in ancient Sumerian texts, Greek philosophy, and medieval poetry, becoming a symbol for anything overvalued. In Pyrite, geochemist and author David Rickard blends basic science and historical narrative to describe the many unique ways pyrite is integral to our world. He explains the basic science of oxidation, showing us why the mineral looks like gold, and inspects death zones of present oceans where pyrite-related hydrogen sulfide destroys oxygen in the waters. Rickard analyzes pyrite's role in manufacturing sulfuric acid and discusses the significant appearance of the mineral in literature, history, and the development of societies. The mineral's influence extends from human evolution and culture, through science and industry, to our understanding of ancient, modern, and future earth environments. Energetic and accessible, Pyrite is the first book to show readers the history and science of a mineral that helped make the modern world.

Gold Warriors

Gold Warriors
Author: Peggy Seagrave
Publisher: Verso Books
Total Pages: 668
Release: 2020-05-05
Genre: History
ISBN: 1789605237

In 1945, US intelligence officers in Manila discovered that the Japanese had hidden large quantities of gold bullion and other looted treasure in the Philippines. President Truman decided to recover the gold but to keep its riches secret. These, combined with Japanese treasure recovered during the US occupation, and with recovered Nazi loot, would create a worldwide American political action fund to fight communism. This 'Black Gold' gave Washington virtually limitless, unaccountable funds, providing an asset base to reinforce the treasuries of America's allies, to bribe political and military leaders, and to manipulate elections in foreign countries for more than fifty years.

Dirty Gold

Dirty Gold
Author: Jay Weaver
Publisher: Hachette UK
Total Pages: 344
Release: 2021-03-02
Genre: True Crime
ISBN: 1541762916

The explosive story of the illegal gold trade from South America, and the three Miami businessmen who got rich on it—until it all came crashing down. In March of 2017, a team of federal agents arrested Juan Pablo Granda, Samer Barrage, and Renato Rodriguez, or as they came to be known, "the three amigos." The trio—first identified publicly by the authors of this book—had built a $3.6 billion dollar business in metals trading, mostly illegal Peruvian gold mined in the rain forest. Their arrest and subsequent prosecution laid bare more than a scheme between a few corrupt traders. Dirty Gold lifts the veil on a massive and very illegal international business that is more lucrative than trafficking cocaine, and often just as dangerous. As this award-winning team of current and former Miami Herald reporters shows, illegal gold mines have become a haven for Latin American drug money. The gold is sold to metals traders, and ultimately to scores of unwitting Americans in their jewelry and phones. By following the trail of these three traders, Dirty Gold leads us into a sprawling criminal underworld that has never before been in full view.

Gold, Oil and Avocados

Gold, Oil and Avocados
Author: Andy Robinson
Publisher: Melville House
Total Pages: 353
Release: 2021-08-17
Genre: History
ISBN: 1612199356

The past decade has seen major political upheaval in Latin America--from Brazil to Chile to Venezuela to Bolivia--but to understand what happened, ask first where your quinoa and lithium batteries came from... The 21st century began optimistically in Latin America. Left-leaning leaders armed with programs to reduce poverty and reclaim national wealth were seeing results—but as the aughts gave way to the teens, they began to fall like dominos. Where did the dreams of this "pink tide" go? Look no further than the original culprits of Latin American disenfranchisement: resource-rich land and unscrupulous extraction. Recounting the story commodity by commodity, Andy Robinson reveals what oxen have to do with the rise of Jair Bolsonaro, how quinoa explains the mob that descended on Evo Morales, and why oil is the culprit behind the protracted coup in Venezuela. In addition to the usual suspects like gold and bananas which underscored the original plunder of the Americas, Robinson also shows how a new generation of valuable resources—like coltan for smartphones, lithium for electric cars, and niobium for SpaceX rockets—have become important players in the fate of Latin America. And as the energy transition sets mineral prices soaring, Latin America remains at the mercy of the rollercoaster of commodity prices. In Gold, Oil, and Avocados, Robinson takes readers from the salt plains of Chile to the depths of the Amazonian jungle to stitch together the story of Latin America's last decade, showing how the imperial plunder of the past carries on today under a new name.

Mines of Silver and Gold in the Americas

Mines of Silver and Gold in the Americas
Author: Peter Bakewell
Publisher: Routledge
Total Pages: 380
Release: 2020-02-13
Genre: History
ISBN: 1351917358

This volume focuses on Latin America, since it was mainly there that Europeans (or their colonial descendants) actually engaged in mining in the 16th-19th centuries; elsewhere they traded metals mined by others. The principal metals produced, and in prodigious quantities, were silver, in the Spanish colonies, and gold, mainly in Brazil in the 18th century. These articles analyse the volume and pattern of production and the forms of labour found in mining. Particular attention is given to the technologies of extraction and refining, notably the adoption of the mercury amalgamation process: this had a major impact, driving down silver production costs; because the mercury mines were a royal monopoly, it also handed control to the Spanish crown.

New World Gold

New World Gold
Author: Elvira Vilches
Publisher: University of Chicago Press
Total Pages: 375
Release: 2010-05-15
Genre: History
ISBN: 0226856194

The discovery of the New World was initially a cause for celebration. But the vast amounts of gold that Columbus and other explorers claimed from these lands altered Spanish society. The influx of such wealth contributed to the expansion of the Spanish empire, but also it raised doubts and insecurities about the meaning and function of money, the ideals of court and civility, and the structure of commerce and credit. New World Gold shows that, far from being a stabilizing force, the flow of gold from the Americas created anxieties among Spaniards and shaped a host of distinct behaviors, cultural practices, and intellectual pursuits on both sides of the Atlantic. Elvira Vilches examines economic treatises, stories of travel and conquest, moralist writings, fiction, poetry, and drama to reveal that New World gold ultimately became a problematic source of power that destabilized Spain’s sense of trust, truth, and worth. These cultural anxieties, she argues, rendered the discovery of gold paradoxically disastrous for Spanish society. Combining economic thought, social history, and literary theory in trans-Atlantic contexts, New World Gold unveils the dark side of Spain’s Golden Age.

Treasure Hunter

Treasure Hunter
Author: Robert MacKinnon
Publisher: Penguin
Total Pages: 350
Release: 2013-08-06
Genre: Biography & Autobiography
ISBN: 0425253635

For more than four decades, world-renowned diver and treasure hunter Captain Robert MacKinnon has reclaimed sunken caches from the dangerous shallow waters along the Atlantic coast of Cape Breton Island, Nova Scotia. Known as the Death Coast for its treacherous reefs and violent currents, the area’s rocky bottom is layered with shipwrecks and untold riches. In short—a treasure hunter’s paradise. In Treasure Hunter, Robert MacKinnon recounts the risks and challenges—both nautical and legal—in exploring shipwrecks dating back to the War of 1812 and before the Revolutionary War. As he salvages the secrets of the sea, MacKinnon vividly captures the excitement of discovery and conveys his passion for preservation in the still-developing field of underwater archeology. A compelling chronicle of modern-day adventure, Treasure Hunter is a fascinating voyage into an amazing undersea world.