overissued
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The money was overissued,and prices rose drastically until the money became worthless or was redeemed in metallic money at a small fraction of its initial value.
如果货币发行过度,物价就会急剧上升,直到货币变得没有任何价值,或者只值货币当初发行时的一点点。
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The cash were overissued,and prices rose drastically until the cash became worthless or were redeemed in metallic cash at a small fraction of its initial value.
假如货币发行过度,物价就会急剧上升,直到货币变得么有任何价value,或者只value货币当初发行时的一点点。
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In some states—notably Rhode Island, Massachusetts, Connecticut, and South Carolina—the bills were commonly overissued, thereby depreciating their value relative to specie.
在罗德岛、马萨诸塞、康涅狄格和南卡罗来纳等州,这种单据通常过量发行,使其相对于硬币有所贬值。
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Secondly,due to the gradual loss of central authority,the regional warlords arbitrarily wlthholded stamp taxes,printed revenue stamps privately and illegally, overissued and over-mortgaged revenue stamps.This phenomenon made the tax system severely damaged and ultimately attributable to the unsystematic.Thirdly,the stamp tax system increasingly chaotic made the production and livelihood of the people inconvenient.
三是印花税制的趋乱性发展,给商民的生产生活带来了极大的不便,无论是税款征收还是税务稽查,甚为社会各界所厌恶,各地商民纷纷起而反对,尤其是在各地商会的领导下,那种有组织的抵制行动对政府的制衡作用使得国家权力在内重外轻及政权不稳的情况下汲取社会资源更加不易,突出反映了民间社会力量的日渐强大。