Highway Metrication, Final Report
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147 Chapter 5 South Africa's Experience with Inflation: A
147 CHAPTER 5 SOUTH AFRICA’S EXPERIENCE WITH INFLATION: A CENTRAL BANK PERSPECTIVE 5.1 Introduction Although a country’s experience with inflation can be reviewed from different perspectives (e.g. the government, the statistical agency responsible for recording inflation, producers, consumers or savers), this chapter reviews South Africa’s experience with inflation from the perspective of the SA Reserve Bank. The SA Reserve Bank was chosen because this study focuses on inflation from a monetary perspective. Reliable inflation data for South Africa are published as far back as 192153, co-inciding with the establishment of the SA Reserve Bank, although rudimentary data on price levels are available as far back as 1895. South Africa’s problems with accelerating inflation since the 1970s are well documented (see for instance De Kock, 1981; De Kock, 1984; Republiek van Suid-Afrika, 1985; Rupert, 1974a; Rupert, 1974b; or Stals, 1989), but various parts (or regions) of what constitutes today the Republic of South Africa have experienced problems with inflation, rising prices or currency depreciation well before 1921. The first example of early inflation in South Africa was caused by currency depreciation. At the time of the second British annexation of the Cape in 1806, the Dutch riksdaalder (“riksdollar”) served as the major local currency in circulation. During the tenure of Caledon, Governor of the Cape Colony from 1807 to 1811, and Cradock, Governor from 1811 to 1814, riksdollar notes in circulation were increased by nearly 50 per cent (Engelbrecht, 1987: 29). As could be expected under circumstances of increasing currency in circulation, the value of the riksdollar in comparison to the British pound sterling and in terms of its purchasing power declined from 4 shillings in 1806 to 1 shilling and 5½ pennies in 1825 (or 53 Tables A1 to C1 in Appendices A to C highlight South Africa’s experience with inflation, as measured by changes in the CPI since 1921. -
USA Metric System History Pat Naughtin 2009 Without the Influence of Great Leaders from the USA There Would Be No Metric System
USA metric system history Pat Naughtin 2009 Without the influence of great leaders from the USA there would be no metric system. Since many in the USA do not believe this statement, let me repeat it in a different way. It is my belief that without the influence of Benjamin Franklin, Thomas Jefferson, and George Washington, the metric system would not have developed in France in the 1780s and 1790s. The contribution made by these three great world leaders arose firstly from their cooperation in developing and implementing the idea of a decimal currency for the USA. The idea was that all money could be subdivided by decimal fractions so that money calculations would then be little more difficult than any normal whole number calculation. In 1782, Thomas Jefferson argued for a decimal currency system with 100 cents in a dollar. Less well known, he also argued for 1000 mils in a dollar. Jefferson reasoned that dividing America's First Silver Dollar decimally was the simplest way of doing this, and that a decimal system based on America's First Silver Dollar should be adopted as standard for the USA. The idea of using decimal fractions with decimal numbers was not new – even in the 1780s. Thomas Jefferson had studied 'Disme: the art of tenths' by Simon Stevin in which the use of decimals for all activities was actively promoted. Stevin proposed decimal fractions and their decimal arithmetic for: ... stargazers, surveyors, carpet-makers, wine-gaugers, mint-masters and all kind of merchants. Clearly Simon Stevin had in mind the use of decimal methods for all human activities and it is likely that this thought inspired Thomas Jefferson to propose not only a decimal currency for the USA but also a whole decimal method for weights and measures. -
Weights and Measures Standards of the United States: a Brief History
1 .0 11 8 1.25 1.4 I 6_ DOCUMENT RESUME ED 142 418 SE 022 719 AUTHOE Judson, Lewis V. TITLE Weights and Measures Standards of the United States: A Brief History. Updated Edition. INSTITUTION National Bureau of Standards (DOC) ,Washington, D.C. REPORT NO NBS-SP-447 PUB DATE Mar 76 NOTE 42p.; Contains occasional small print; Photographs may not reproduce well AVAILABLE FROM Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402 (Stock Number 003-0O3-01654-3, $1.00) EDRS PRICE MF-$0.83 HC-$2.06 Plus Postage. DESCRIPTORS Government Publications; History; *Mathematics Education; *Measurement; *Metric System; *Science History; *Standards ABSTRACT This document was published by the National Bureau of Standards to meet the current demand for information on the history of weights and measures in the United States. It includes an illustrated discussion of this history through 1962 followed by an addendum covering the period 1963-1975. Appendices provide a bibliography and photographic copies of eight documents important to the development of official standards of measurement. (SD) *********************************************************************** Documents acquired by ERIC include many informal unpublished * materials not available from other sources. ERIC makes every effort * * -to obtain the best copy available. Nevertheless, items of marginal * * reproducibility are often encountered and this affects the quality * * of the microfiche and hardcopy reproductions ERIC makes available * via the ERIC Document Reproduction Service (EDRS). EDRS is not * responsible for the quality of the original document. Reproductions * * supplied by EDRS are the best that can be made from the original. *********************************************************************** U.S. DEPARTMENT OF HEALTH. -
A Cause for Reflection: Imagining Brazil at 100 Years of Independence
A Cause for Reflection: Imagining Brazil at 100 Years of Independence By Joseph M. Pendergraph Thesis Submitted to the Faculty of the Graduate School of Vanderbilt University in partial fulfillment of the requirements for the degree of MASTER OF ARTS in History August, 2015 Nashville, Tennessee Approved: Marshall C. Eakin, Ph.D. Sarah E. Igo, Ph.D. “O Gigante: Vossos irmãoes na pátria nova passam tranquillos com riqueza largos annos… outro sistema de gouverno abraçam, que julgam mais propício para os humanos, porque nesse regimen, ali novo, dizem que manda simplesmente o povo.”1 “For my part I will say that, if my body leaves [Brazil], my heart stays, and that, if one day it should split, on it will be seen the words Brazil and Portugal, so intensely linked, so intimately intertwined, that it shall not be possible to separate one from the other.”2 1 Augusto de Lacerda, As duas patrias: poêma em homenagem a Portugal e Brasil por occasião do centenário da abertura dos portos brasileiros ao commércio do mundo (Porto: Oficinas do Commercio do Porto, 1908), 116 – The passage reads roughly, “The Giant: Your brothers in the new Pátria calmly live long years with richness / embracing another form of government that they believe to be more propitious for mankind / because in this new regime it is said that the people simply govern.” The timing of this quotation is key for understanding the critique. The work was published in 1908 just two years before the overthrow of the Portuguese monarchy. The decadence of the throne in the nineteenth century had led to intellectual criticism in the 1870s and republican revolts and conspiracies in the last years of the century. -
1 from the Franc to the 'Europe': Great Britain, Germany and the Attempted Transformation of the Latin Monetary Union Into A
From the Franc to the ‘Europe’: Great Britain, Germany and the attempted transformation of the Latin Monetary Union into a European Monetary Union (1865-73)* Luca Einaudi I In 1865 France, Italy, Belgium and Switzerland formed a monetary union based on the franc and motivated by geographic proximity and intense commercial relations.1 The union was called a Latin Monetary Union (LMU) by the British press to stress the impossibility of its extension to northern Europe.2 But according to the French government and many economists of the time, it had a vocation to develop into a European or Universal union. This article discusses the relations between France, which proposed to extend the LMU into a European monetary union in the 1860’s, and the main recipients of the proposal; Great Britain and the German States. It has usually been assumed that the British and the Germans did not show any interest in participating in such a monetary union discussed at an international monetary Conference in Paris in 1867 and that any attempt was doomed from the beginning. For Vanthoor ‘France had failed in its attempt to use the LMU as a lever towards a global monetary system during the international monetary conference... in 1867,’ while for Kindleberger ‘the recommendations of the conference of 1867 were almost universally pigeonholed.’3 With the support of new diplomatic and banking archives, together with a large body of scientific and journalistic literature of the time, I will argue that in fact the French proposals progressed much further and were close to success by the end of 1869, but failed before and independently from the Franco-Prussian war of 1870. -
UK FINANCIAL HISTORY 1950 – 2015 Version FEBRUARY 2016 Operator Info
Document Info Notes Form SW55063 Job ID 57630 Size A4 Pages 1 Colour CMYK UK FINANCIAL HISTORY 1950 – 2015 Version FEBRUARY 2016 Operator Info 1 ALI 29/02/16 2 ALI 07/03/16 Barclays Equity Index £156,840 3 Dividends Reinvested 4 5 £100,000 6 Big Bang in the city London Olympics Interest rates hit 15% • 7 Northern Rock crisis • • 8 ECONOMIC INDICATORS Berlin Wall comes down Japanese• earthquake • • 9 30 Unemployment tops 3 million Bangladesh factory disaster RPI – annual % change (quarterly) • • 10 Stockmarket hits 62 England, Wales, Northern Ireland introduce smoking ban • Lockerbie disaster • 11 25 Bank base rates (quarterly avg.) • Scotland introduces smoking ban Bin Laden killed • • 12 First test tube baby born 20 GDP – annual % change (quarterly) • • ‘Black Wednesday’ stockmarket crisis Banking debt crisis hits UK Nelson Mandela dies 13 • • 14 15 London wins Olympic bid Greek bail-outs • UK gets £2,300 million from IMF • Single European Market begins • • 15 UK Interest Rates set at 0.5% Ebola outbreak Barclays Equity Price Index 10 • £9,558 £10,000 • Ex-Dividends Proof number 1 2 3 4 Barclays Gilt Index 5 Japanese interest rates at record low of 0.5% £8,631 • Ceasefire in Vietnam • Income Reinvested Mandatory checks 0 Poll Tax riots Hong Kong handover Plaza accord • Cyprus bail-out £5,554 UK Building Society Index • • • Income Reinvested -5 UK joins EEC News of World closes New Brand - use approved template (check size) • • War in Iraq Cuba/US• reconciliation Falklands War • • £3,058 Retail Prices Index Footer/Form number/version -
Colorado Metric Conversion Manual
COLORADO OT . DEPARTMENT OF TRANSPORTATION METRIC CONVERSION MANUAL January 1994 This manual or any part thereof must not be reproduced in any form without the following disclaimer. The information presented in this publication haS been prepared in accordance with recognized engineering principles and is for general information only. While it is believed to be accurate, this information should not be used or relied upon for any specific application without competent professional examination and verification of its accuracy, suitability, and applicability by a competent licensed engineer or other licensed professional. Publication of the material contained herein is not intended as a representation or warranty on the part of the Colorado Department of Transportation (CDOT) , that this information is suitable for any general or particular use or of freedom from infringement of any patent or patents. Anyone making use of this information assumes all liability arising from such use. Caution must be exercised when relying upon the specifications and codes developed by other bodies and incorporated herein, since such material may be modified or amended from time to time subsequent to the printing of this edition. COOT bears no responsibility for such material other than to incorporate it at the time of the initial publication of this edition, subject to the general comments set forth in the preceding paragraph. Table of Contents Preface ................................................... v Introduction . vii Chapter 1: Metric Units, Terms, Symbols, and Conversion Factors . ... 1-1 Basic Metric . 1-1 Length, Area, Volume and Temperature . 1-7 Civil and Structural Engineering . 1-10 Metric Project Definition ....................... .. 1-12 Chapter 2: Right-Of-Way ................................... -
Weights and Measures Standards of the United States—A Brief History (1963), by Lewis V
WEIGHTS and MEASURES STANDARDS OF THE UMIT a brief history U.S. DEPARTMENT OF COMMERCE NATIONAL BUREAU OF STANDARDS NBS Special Publication 447 WEIGHTS and MEASURES STANDARDS OF THE TP ii 2ri\ ii iEa <2 ^r/V C II llinCAM NBS Special Publication 447 Originally Issued October 1963 Updated March 1976 For sale by the Superintendent of Documents, U.S. Government Printing Office Wash., D.C. 20402. Price $1; (Add 25 percent additional for other than U.S. mailing). Stock No. 003-003-01654-3 Library of Congress Catalog Card Number: 76-600055 Foreword "Weights and Measures," said John Quincy Adams in 1821, "may be ranked among the necessaries of life to every individual of human society." That sentiment, so appropriate to the agrarian past, is even more appropriate to the technology and commerce of today. The order that we enjoy, the confidence we place in weighing and measuring, is in large part due to the measure- ment standards that have been established. This publication, a reprinting and updating of an earlier publication, provides detailed information on the origin of our standards for mass and length. Ernest Ambler Acting Director iii Preface to 1976 Edition Two publications of the National Bureau of Standards, now out of print, that deal with weights and measures have had widespread use and are still in demand. The publications are NBS Circular 593, The Federal Basis for Weights and Measures (1958), by Ralph W. Smith, and NBS Miscellaneous Publication 247, Weights and Measures Standards of the United States—a Brief History (1963), by Lewis V. -
English Customary Weights and Measures
English Customary Weights and Measures Distance In all traditional measuring systems, short distance units are based on the dimensions of the human body. The inch represents the width of a thumb; in fact, in many languages, the word for "inch" is also the word for "thumb." The foot (12 inches) was originally the length of a human foot, although it has evolved to be longer than most people's feet. The yard (3 feet) seems to have gotten its start in England as the name of a 3-foot measuring stick, but it is also understood to be the distance from the tip of the nose to the end of the middle finger of the outstretched hand. Finally, if you stretch your arms out to the sides as far as possible, your total "arm span," from one fingertip to the other, is a fathom (6 feet). Historically, there are many other "natural units" of the same kind, including the digit (the width of a finger, 0.75 inch), the nail (length of the last two joints of the middle finger, 3 digits or 2.25 inches), the palm (width of the palm, 3 inches), the hand (4 inches), the shaftment (width of the hand and outstretched thumb, 2 palms or 6 inches), the span (width of the outstretched hand, from the tip of the thumb to the tip of the little finger, 3 palms or 9 inches), and the cubit (length of the forearm, 18 inches). In Anglo-Saxon England (before the Norman conquest of 1066), short distances seem to have been measured in several ways. -
The Bank of England and Earlier Proposals for a Decimal ,Coinage
The Bank of England and earlier proposals for a decimal ,coinage The introduction of a decimal system of currency in Febru ary 1971 makes it timely to recall earlier proposals for decimalisation with which the Bank were concerned. The establishment of a decimal coinage has long had its advocates in this country.As early as 1682 Sir William Petty was arguing in favour of a system which would make it possible to "keep all Accompts in a way of Decimal Arith metick".1 But the possibility of making the change did not become a matter of practical politics until a decade later, when the depreciated state of the silver currency made it necessary to undertake a wholesale renewal of the coinage. The advocates of decimalisation, including Sir Christopher Wren - a man who had to keep many 'accompts' - saw in the forthcoming renewal an opportunity for putting the coin age on a decimal basis.2 But the opportunity was not taken. In 1696 - two years after the foundation of the Bank - the expensive and difficult process of recoinage was carried through, but the new milled coins were issued in the tra ditional denominations. Although France and the United States, for different reasons, adopted the decimal system in the 18th century, Britain did not see fit to follow their example. The report of a Royal Commission issued in 1819 considered that the existing scale for weights and measures was "far more con venient for practical purpose,s than the Decimal scale".3 The climate of public opinion was, however, changing and in 1849 the florin was introduced in response to Parliamentary pressure as an experimental first step towards a decimal ised coinage. -
Weights and Measures Standards of the United States
r WEIGHTS and MEASURES STANDARDS OF THE C7 FTr^ E a brief history U.S. DEPARTMENT OF COMMERCE NATIONAL BUREAU OF STANDARDS Miscellaneous Pyblicataon 247 National Bureau of Standards MAY 2 0 1954 U.S. Prototype Kilogram 20, the standard of mass of the United States. U.S. Prototype Meter Bar 27, the standard of length of the United States from 1893 to I960. On October 14, I960, the meter was redefined in terms of a wavelength of the krypton 86 atom. EIGHTS and MEASURES S. DEPARTMENT STANDARDS F COMMERCE fhcr H. Hodges, Secretary OF THE MIONAL BUREAU F STAN D ARDS V. Astin, Director a brief history LEWIS V. iUDSON NBS Miscellaneous Publication 247 Issued October 1963 (Supersedes Scientific Paper No. 17 and Miscellaneous Publication No. 64) Fo^ sale by the Superintendent of Documents, U.S. Government Printing Office, Washinston, D.C., 20402 - 35 cents Preface In 1905, Louis A. Fischer, then a distinguished metrologist on the stafF of the National Bureau of Standards, presented a paper entitled "History of the Standard Weights and Measures of the United States" before the First Annual Meeting of the Sealers of Weights and Measures of the United States. This paper quickly came to be considered a classic in its field. It was published by the National Bureau of Standards several times— most recently in 1925 as Miscellaneous Publication 64. For some time it has been out of print and in need of up-to-date revision. The present publication covers the older historical material that Fischer so ably treated; in addition, it includes a brief summary of important later developments affecting the units and standards for length and mass. -
Chapter VI 01 857..903
Part VI Data & Information COPYRIGHTED MATERIAL 1 Units and Conversion Tables J. N. Wintgens and H. Waldburger 1.1 In any number where the decimal sign is Introduction placed before the first digit of the number, a zero should always precede it, e.g. 0.251 The many units of measurements used in and not .251. this book – not to mention among our dif- The combination of a prefix and a symbol ferent regions and cultures – reflect the fas- for a unit is regarded as a single symbol and cinating and beneficial diversity of our pla- the characters should be written with no net. Our daily work requires a wide variety space between them, e.g. cm and not c m. of information, often available only in dif- Note that the expression mm for the mi- ferent languages, and it all demands data cron (one-millionth of a meter) replaces in different units and in different orders m, the symbol often used previously. of magnitude. The work often becomes When writing the symbol for a derived cumbersome because of the very richness unit formed from several basic units, the of the means we use for measuring. individual symbols should be separated by While it is the purpose of Part VI, to pro- a solidus (/), a space or a line-centered vide the reader with the data and informa- dot (p), e.g. the unit for velocity—meters tion to render the quantitative part of their per second—is written m/s, m s–1,mps–1 work easier, this chapter is concerned spe- or mps, but not ms–1 (as ms would repre- cifically with the units of measurement.