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Source: Philstar.Com
The Pesos Fuertes
DID YOU KNOW…
...that although the first bank in the
Philippines, originally called El
Banco Español Filipino de Isabel 2,
had printed its first bank note as early as 1852, it was not until after the
approval of its by-laws, confirmed in a royal decree from the Spanish
central government in Madrid dated October 17, 1854, that the bank was able
to formally exercise its privilege to issue paper money to the general
public?
.
…that the
pesos fuertes,
as the first bank notes in the Philippines were called, could be redeemed in
Mexican coins in gold or silver?
.
…that Mexican coins (brought in via the
galleon trade between Manila and Acapulco in Mexico) had been in
circulation, though on a limited scale, in the Philippine islands prior to
the formal establishment of El Banco
Español Filipino de Isabel 2
in
1851?
- to abolish - buwagin
- affirmative action - aksyong sang-ayon
- agency - ahensiya
- alliances - kaisahan
- amendment - susog
- anarchy - anarkiya
- appointment - pagkakahirang
- article - artikulo
- assembly - pagtitipon
- attorney general - attorney general
- ballot box - balot box
- bicameralism - baykameralismo
- bill of rights - talaan ng karapatan
- briefs - maikling pahayag
- bureaucracy - burukrasya
- campaigns - kampanya
- chief of state - pangulo ng estado
- civil rights - karapatang
- committee - komite
- conference - kumperensya
- congress - kongreso
- congress man - kongresista
- consensus - konsensus
- conservatism - konserbatismo
- constitution - konstitusyon
- country - bansa
- court - hukuman
- court martial - court martial
- court of appeals - korte ng apila
- defense - tanggulan
- deficit - kakulangan
- delegate - delegado
- democracy - demokrasya
- democrat - demokrat
- deputy - kinatawan
- diplomat - diplomat
- doctrine - doktrina
- domestic policy - patakarang panloob
- elections - halalan
- electoral college - institusyong namamahala sa paghalal ng mga pinuno
- executive - ehekutibo
- federalism - pederalismo
- first lady - unang ginang
- foreign policy - patakarang panlabas
- free trade - malayang kalakalan
- freedom of speech - karapatan sa pagpapahayag
- government - pamahalaan
- hierarchy - herarkiya
- house - kapulungan
- house of representatives - kapulungan ng mga kongresista
- impeachment - impeachment
- interest - interes
- judiciary - hudikatura
- laissez -faire - laissez faire
- law - batas
- leadership - pamamahala
- left wing - kaliwang partido
- legislature - lehislatura
- liberalism - liberalismo
- liberty - kalayaan
- lobbying - lobbying
- lower house - mababang kapulungan
- national defense - pambansang tanggulan
- natural rights - mga natural na karapatan
- official speaker - punong tagapagsalita
- parliament - parliyamento
- party - partido
- pentagon - pentagon
- platform - plataporma
- pluralism - pluralismo
- politician - politiko
- politics - politika
- to poll - maghalal
- polling - paghalal
- preamble - panimula sa saligang batas
- president - pangulo
- presumptive privilege - presumptive privilege
- public interest - pampublikong interes
- public opinion - opinyon ng publiko
- red tape - red tape
- regulation - patakaran
- religious - relihiyoso
- republican - republikan
- right wing - kanang partido
- rights - karapatan
- senate - senado
- senator - senador
- social pressure - social pressure
- socialism - sosyalismo
- speaker of the house- punong tagapagsalita
- state - estado
- statutes - batas
- suffrage - karapatan sa pagboto
- supreme court - korte suprema
- surplus - sarplas
- taxes - buwis
- totalitarism - totalitaryanismo
- Treasury department - kagawaran ng panustusan
- unicameral - unikameral
- upper house - mataas na kapulungan
- veto - beto
- vice-president - pangalawang pangulo
- vote - boto