Mexican, or to be more exact, coins from New Spain the official name at the time , were made primarily because it was the most convenient means of exporting and transporting the huge quantities of silver being mined. The silver pieces of eight began their travels from the New World to Spain and then on to Asia and Africa.
A great convenience of coins is that they are readily exchanged for goods and services. The English colonies of America were prohibited by royal law from coining, minting, or even so much as using coins. The colonists were supposed to ship any and all coins to Mother England in payment for manufactured goods.
This, of course, precluded any foolhardy colonist from starting a mint. Besides, there is little silver or gold to be had in New England and eastern Canada to this day. So, the English Colonies decided to use paper money which served them well until they attempted to finance the USA Revolutionary War with it. By , this form of currency became useless and worthless and the money called Continental Currency collapsed.
The most widely circulated of these was the piece of eight, which, when supplies of smaller denomination coins dwindled were chopped or cut into smaller pieces to make change. Thus, one eighth of eight-reales became one bit, one quarter two-bits—the equivalent of our present day quarter-dollar.
One-half is four-bits and three quarters are six-bits. Many believe these expressions to be slang, yet, history suggests they are perfectly good nomenclature. When making plans for a monetary system, the United States considered using one similar to the real system. Two bits is very informal. My grandpa used to tell me stories of a time when he got to school by mule, a shave and a haircut cost two bits, and the Chicago Cubs baseball squadron won a series on the road. Watching a documentary about Spyhunter.
Yeah, I wasted many quarters on that. Do arcade games still cost two bits? Who decided a bit would be And what can you still get for two bits these days? OtisPdQ August 11, Is two bits used correctly in the following sentence? Interesting that those who sat in judgment of him found those two sets of beliefs to be incompatible.
If anything the work the two cops and the maintenance guy were doing deserves more respect and probably helped a lot more people. Toomey lives here with her husband, Mark, a managing director at Goldman Sachs, and their two daughters.
Hence two-bit adj. Meaning "small piece, fragment" of anything is from c. Sense of "short space of time" is s. Theatrical bit part is from Money sense "small coin" in two bits , etc. South and the West Indies, in reference to silver wedges cut or stamped from Spanish dollars later Mexican reals ; transferred to "eighth of a dollar. That's three for you. Care to try my baseball question? Get a new mixed Fun Trivia quiz each day in your email. It's a fun way to start your day!
Bits of Everything Mixed 10 Q. Average [C].
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