Abstract

The Week
August 7, 1879 issue

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The article presents information on various social, economic and political developments in the U.S. Perhaps the most important event of the week was the decline in the rates for foreign exchange to very near the point at which gold can be imported. Sterling fell to within 3/4 of a cent of this point, and bills on Paris, France were so low that an importation of $200,000 double-eagles to New York was reported. The War Department has recently published a list of appointments from civil life to vacant second-lieutenancies in the regular Army, the only educational examination required of them being wholly unprofessional, and limited to the ordinary degree of scholarship which can be attained in most of the public schools.

See Also:

UNITED States -- Economic conditions; FOREIGN exchange rates; GOLD; POUND, British; UNITED States -- Armed Forces; UNITED States
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