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113-621: The Arlington Million is the first thoroughbred race to offer a purse of US$ 1,000,000. It is part of the Breeders' Cup Challenge series, and the winner automatically qualifies for the Breeders' Cup Turf . Churchill Downs , whose parent company owned the land of the defunct Arlington Park racetrack, hosted the Arlington Million in 2022. The 2023 race was run at Churchill-owned Colonial Downs in Virginia. The Arlington Million

226-838: A camel race in Doha, Qatar , for the first time featured robots at the reins . On 13 July 2005, workers fixed robotic jockeys on the backs of seven camels and raced the machine-mounted animals around a track. Operators controlled the jockeys remotely, signalling them to pull their reins and prod the camels with whips. In North America during the 1800s, most aspects of horse racing were primarily performed by enslaved African Americans. Plantation owners would bring thei enslaved workers and their horses to other plantations and organize and bet on races. When horse racing became more mainstream, enslaved and free black people were involved with horse racing though most were identified with grooming, feeding, backing, exercising, and other auxiliary chores connected with

339-548: A boy and using the name, Jack Williams. During the late 1960s, restrictions against female trainers were lifted in Australia, but female jockeys were still confined to "ladies only" events, which were held on non-professional tracks. The Victoria Racing Club in 1974 permitted women jockeys to be registered for professional "ladies only" events. In 1978 racing rules in New Zealand were amended to permit women jockeys. In

452-536: A complex history. The word is by origin a diminutive of jock , the Northern English or Scots colloquial equivalent of the first name John , which is also used generically for "boy" or "fellow" (compare Jack , Dick ), at least since 1529. A familiar instance of the use of the word as a name is in "Jockey of Norfolk" in Shakespeare's Richard III . v. 3, 304. In the 16th and 17th centuries

565-487: A dollar are emitted as Federal Reserve Notes , disregarding these special cases: In the 16th century, Count Hieronymus Schlick of Bohemia began minting coins known as joachimstalers , named for Joachimstal , the valley in which the silver was mined. In turn, the valley's name is titled after Saint Joachim , whereby thal or tal , a cognate of the English word dale , is German for 'valley.' The joachimstaler

678-757: A dollar, and dimes at 0.100 of a dollar. After the adoption of the United States Constitution , the U.S. dollar was defined by the Coinage Act of 1792 . It specified a "dollar" based on the Spanish milled dollar to contain 371 + 4 ⁄ 16 grains of fine silver, or 416.0 grains (26.96 g) of "standard silver" of fineness 371.25/416 = 89.24%; as well as an "eagle" to contain 247 + 4 ⁄ 8 grains of fine gold, or 270.0 grains (17.50 g) of 22 karat or 91.67% fine gold. Alexander Hamilton arrived at these numbers based on

791-565: A dollar; and the eagle , or ten dollars. The current relevance of these units: The Spanish peso or dollar was historically divided into eight reales (colloquially, bits ) – hence pieces of eight . Americans also learned counting in non-decimal bits of 12 + 1 ⁄ 2 cents before 1857 when Mexican bits were more frequently encountered than American cents; in fact this practice survived in New York Stock Exchange quotations until 2001. In 1854, Secretary of

904-819: A grade 1 winner at the Cheltenham Festival. She rode Frodon in the Ryanair Chase. In 2021, Rachael Blackmore became the first female jockey to win the Grand National , the most valuable jump race in Europe. The British Horseracing Authority (BHA) has set about encouraging the women who make up three quarters of the graduates from the two principal racing schools in the UK to stay in the profession as jockeys. In Thoroughbred racing in New Zealand women constitute over 40% of jockeys. The first win by

1017-434: A jockey and was one of the first women ever to receive a trainer's license for Thoroughbred horses. Wantha Davis (1918 – 2012) was known to have won over 1,000 races in the 1930s, 40s and 50s, including a famous 1949, six furlong match-race against Johnny Longden at Agua Caliente. She rode at some state-sanctioned pari-mutuel tracks, but without a license, most events were of the dusty county fair and half-mile variety of

1130-431: A jockey in their apprenticeship will have less weight on their horse, giving trainers an incentive to hire these less-experienced jockeys. This weight allowance is adjusted according to the number of winners that the apprentice has ridden. After a four-year indentured apprenticeship, the apprentice becomes a senior jockey and usually develops relationships with trainers and individual horses. Sometimes senior jockeys are paid

1243-575: A limited extent" as money. Treasury Notes were again printed to help resolve the reduction in public revenues resulting from the Panic of 1837 and the Panic of 1857 , as well as to help finance the Mexican–American War and the Civil War . Paper money was issued again in 1862 without the backing of precious metals due to the Civil War . In addition to Treasury Notes, Congress in 1861 authorized

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1356-399: A more heavy-duty version may be worn. Summarising, during an Australian race day, jockeys must wear the following: the helmet (or skullcap), goggles, silks, vest, breeches, gloves, boots, saddle and girth and stirrups. Various awards are given annually to jockeys by organizations affiliated with the sport of thoroughbred racing in countries throughout the world. They include: Horse racing is

1469-407: A profession. The word also applies to camel riders in camel racing . The word "jockey" originated from England and was used to describe the individual who rode horses in racing. They must be light, typically around a weight of 100–120 lb. (45–55 kg), and physically fit. They are typically self-employed, and are paid a small fee from the horse trainer, whose colors they wear while competing in

1582-482: A race. They also receive a percentage of the horse's winnings. The job has a very high risk of debilitating or life-threatening injuries, not only from racing accidents but also, because of strict weight restrictions, from eating disorders. Originally, in most countries, the jockeys were all male. Over time, female jockeys have been allowed to ride; thus, now there are many successful and well-known female jockeys. The participation of African American jockeys has also had

1695-503: A retainer by an owner which gives the owner the right to insist the jockey ride their horses in races. Racing modeled on the English Jockey Club spread throughout the world with colonial expansion. The colours worn by jockeys in races are the registered "colours" of the owner or trainer who employs them. The practice of riders wearing colours probably stems from medieval times when jousts were held between knights. However,

1808-678: A series of revisions to the gold peg was implemented, culminating in the Nixon Shock of August 15, 1971, which suddenly ended the convertibility of dollars to gold. The U.S. dollar has since floated freely on the foreign exchange markets . Congress continued to issue paper money after the Civil War, the latest of which is the Federal Reserve Note that was authorized by the Federal Reserve Act of 1913 . Since

1921-407: A sport where jockeys may incur permanent, debilitating, and even life-threatening injuries. Chief among them include concussion, bone fractures, arthritis, trampling, and paralysis. Jockey insurance premiums remain among the highest of all professional sports. Between 1993 and 1996, 6,545 injuries occurred during official races for an injury rate of 606 per 1,000 jockey years. In Australia race riding

2034-669: A totalisator race against males on 22 July 1978 when she won with the Ned Thistoll-trained Jaws in the Waybrook Handicap at Timaru. Another female jockey riding then was Cherie Saxon (Hastings). Linda Jones' first win was on Big Bickies at Te Rapa and soon after she won with Royal Petite, the first Open Handicap winner for a female jockey. Subsequent highlight wins for Jones were Lovaro in the Queen Elizabeth Handicap and Holy Toledo in

2147-487: A treasury assay of the average fine silver content of a selection of worn Spanish dollars , which came out to be 371 grains. Combined with the prevailing gold-silver ratio of 15, the standard for gold was calculated at 371/15 = 24.73 grains fine gold or 26.98 grains 22K gold. Rounding the latter to 27.0 grains finalized the dollar's standard to 24.75 grains of fine gold or 24.75*15 = 371.25 grains = 24.0566 grams = 0.7735 troy ounces of fine silver. The same coinage act also set

2260-415: A weight limit of 126 lb (57 kg) including the jockey's equipment. The weight of a jockey racing on the flat usually ranges from 108 to 118 lb (49 to 54 kg). Despite their light weight, they must be able to control a horse that is moving at 40 mph (64 km/h) and weighs 1,190.5 lb (540.0 kg). Though there is no height limit for jockeys, they are usually fairly short due to

2373-603: A woman in New Zealand was visiting Canadian jockey Joan Phipps, at Te Awamutu in November 1977. Linda Jones is believed to be the first New Zealand woman to apply for an apprentice's licence, however she was turned down. She had ridden in a number of lady riders events over many years in New Zealand and overseas such as in Brazil, which highlighted that New Zealand and Australia were outliers in not allowing women to compete with male jockeys in professional races. She persevered and

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2486-605: A world record for any jockey, male or female, when she rode a treble at Southport on her first day's riding. Australia's top woman jockey, Bev Buckingham, became the first woman in the Southern Hemisphere to win 1,000 races. In 1998, in a fall at the Elwick Racecourse (Hobart), she broke her neck. She used a wheelchair for some time afterward, but regained her strength and mobility and was able to walk again without assistance. In 2004–05, Clare Lindop won

2599-405: Is 6 ft 4 in (193 cm), can ride at a weight of 142 lb (64 kg). Bruce Hobbs was at 6 ft 1.5 in (186.7 cm) the tallest jockey ever to win the Grand National . Jockeys are normally self employed , nominated by horse trainers to ride their horses in races, for a fee (which is paid regardless of the prize money the horse earns for a race) and a percentage of

2712-461: Is an accepted version of this page The United States dollar ( symbol : $ ; currency code : USD ; also abbreviated US$ to distinguish it from other dollar-denominated currencies ; referred to as the dollar , U.S. dollar , American dollar , or colloquially buck ) is the official currency of the United States and several other countries . The Coinage Act of 1792 introduced

2825-652: Is in Federal Reserve Notes (the remaining $ 50 billion is in the form of coins and older-style United States Notes ). As of September 20, 2023, the Federal Reserve estimated that the total amount of currency in circulation was approximately US$ 2.33 trillion . Article I , Section 8 of the U.S. Constitution provides that Congress has the power "[t]o coin money ." Laws implementing this power are currently codified in Title 31 of

2938-431: Is known as a "bug boy" because the asterisk that follows the name in the program looks like a bug. All jockeys must be licensed and usually are not permitted to bet on a race. An apprentice jockey has a master, who is a horse trainer, and the apprentice is also allowed to "claim" weight off the horse's back: in handicapped races, more experienced riders will have their horses given an extra amount of weight to carry, whereas

3051-425: Is regarded as being the second most deadly job, after offshore fishing. From 2002 to 2006 five deaths and 861 serious injuries were recorded. Eating disorders (such as anorexia ) are also very common among jockeys, as they face extreme pressure to maintain unusually low (and specific) weights, sometimes within a five-pound (2.3 kg) margin. The bestselling biography, Seabiscuit: An American Legend chronicled

3164-460: Is that it is derived from the Pillars of Hercules on the Spanish coat of arms of the Spanish dollar . These Pillars of Hercules on the silver Spanish dollar coins take the form of two vertical bars ( || ) and a swinging cloth band in the shape of an S . Yet another explanation suggests that the dollar sign was formed from the capital letters U and S written or printed one on top of

3277-666: Is the most widely used currency in international transactions , and a free-floating currency . It is also the official currency in several countries and the de facto currency in many others, with Federal Reserve Notes (and, in a few cases, U.S. coins) used in circulation. The monetary policy of the United States is conducted by the Federal Reserve System , which acts as the nation's central bank . As of February 10, 2021, currency in circulation amounted to US$ 2.10 trillion , $ 2.05 trillion of which

3390-492: The 2012 Belmont Stakes and the 2013 Preakness Stakes , Rosie Napravnik became the first woman to ride in all three of the U.S. Triple Crown races. In 2013, Napravnik also became the first woman to ride in all three US Triple Crown races in the same year, and is the only woman to have won the Kentucky Oaks , which she has won twice. To replace child jockeys whose use had been deplored by human rights organizations,

3503-676: The Cheltenham Festival . In the 2010 National Hunt Chase at the Cheltenham Festival the winner and runner-up were both ridden by female jockeys. Katie Walsh was on board Poker de Sivola finishing ahead of Becauseicouldntsee which was ridden by Nina Carberry. On Boxing Day 2015 Lizzie Kelly became the first female jockey to win a grade one race in Britain, on Tea For Two in the Kauto Star Novices' Chase at Kempton Park . Lizzie Kelly won another grade 1 in 2017. It

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3616-541: The Civil Rights Act . She won her case in 1968 and became one of the earliest women to be licensed in the United States, though an injury prevented her from racing at the time. In late 1968, Penny Ann Early was the first woman to earn a mount as a licensed Thoroughbred jockey in the U.S., when she entered three races at Churchill Downs in November, but the male jockeys announced a boycott of those races, and so she could not ride. On 7 February 1969, Diane Crump

3729-468: The Coinage Act of 1834 the dollar's fine gold equivalent was revised to 23.2 grains; it was slightly adjusted to 23.22 grains (1.505 g) in 1837 (gold-silver ratio ~16). The same act also resolved the difficulty in minting the "standard silver" of 89.24% fineness by revising the dollar's alloy to 412.5 grains, 90% silver, still containing 371.25 grains fine silver. Gold was also revised to 90% fineness: 25.8 grains gross, 23.22 grains fine gold. Following

3842-551: The Comstock Lode in the 1870s. This was the so-called "Crime of '73". The Gold Standard Act of 1900 repealed the U.S. dollar's historic link to silver and defined it solely as 23.22 grains (1.505 g) of fine gold (or $ 20.67 per troy ounce of 480 grains). In 1933, gold coins were confiscated by Executive Order 6102 under Franklin D. Roosevelt , and in 1934 the standard was changed to $ 35 per troy ounce fine gold, or 13.71 grains (0.888 g) per dollar. After 1968

3955-545: The Continental Congress resolved that the money unit of the United States, the dollar, would contain 375.64 grains of fine silver; on August 8, 1786, the Continental Congress continued that definition and further resolved that the money of account, corresponding with the division of coins, would proceed in a decimal ratio , with the sub-units being mills at 0.001 of a dollar, cents at 0.010 of

4068-526: The Dutch pioneered in modern-day New York in the 17th century the use and the counting of money in silver dollars in the form of German-Dutch reichsthalers and native Dutch leeuwendaalders ('lion dollars'), it was the ubiquitous Spanish American eight-real coin which became exclusively known as the dollar since the 18th century. The colloquialism buck(s) (much like the British quid for

4181-543: The New Zealand Cup on Sirtain. In 1986 Trudy Thornton became the first woman jockey to ride in New Zealand's longest thoroughbred race, the Great Northern Steeplechase . In 1995, Tina Egan was the first woman to win the race. In 1997 Catherine Hutchinson (née Tremayne) was the first female jockey to ride six winners in a day, which she did at Ruakaka. In 2005 and 2006 Lisa Cropp won

4294-670: The U.S. Code , under Section 5112, which prescribes the forms in which the United States dollars should be issued. These coins are both designated in the section as " legal tender " in payment of debts. The Sacagawea dollar is one example of the copper alloy dollar, in contrast to the American Silver Eagle which is pure silver . Section 5112 also provides for the minting and issuance of other coins, which have values ranging from one cent ( U.S. Penny ) to 100 dollars. These other coins are more fully described in Coins of

4407-408: The United States 's exorbitant privilege . The United States Mint has issued legal tender coins every year from 1792 to the present. From 1934 to the present, the only denominations produced for circulation have been the familiar penny, nickel, dime, quarter, half dollar, and dollar. Jockey A jockey is someone who rides horses in horse racing or steeplechase racing, primarily as

4520-461: The Victorian era , Elizabeth Williams Berry of Australia, noted above, came to England and rode disguised as a man, continuing to use the name Jack Williams. To help her disguise, she smoked cigars and wore a bowler hat . In the 20th century, after many years of debate, a series of a dozen races was approved for female jockeys in 1972. Meriel Patricia Tufnell overcame childhood disability to ride

4633-401: The pound sterling ) is often used to refer to dollars of various nations, including the U.S. dollar. This term, dating to the 18th century, may have originated with the colonial leather trade, or it may also have originated from a poker term. Greenback is another nickname, originally applied specifically to the 19th-century Demand Note dollars, which were printed black and green on

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4746-401: The unit of account of the United States. "Dollar" is one of the first words of Section 9, in which the term refers to the Spanish milled dollar , or the coin worth eight Spanish reales . In 1792, the U.S. Congress passed the Coinage Act , of which Section 9 authorized the production of various coins, including: Dollars or Units —each to be of the value of a Spanish milled dollar as

4859-533: The 1850s, women-only horse-racing events were held in Victoria, Australia ; women were not permitted to ride as professional jockeys or on professional tracks with men. Although women jockeys were barred from riding at registered race meetings, in the mid-1900s Wilhemena Smith rode as Bill Smith at north Queensland racecourses. She was nicknamed Bill Girlie Smith because she arrived on course with her riding gear on under her clothes and did not shower on course. It

4972-579: The 1970 Kentucky Derby , six different women have competed in U.S. Triple Crown events, some multiple times: 10 times in the Derby, four times in the Preakness and nine times in the Belmont . with a combined record of one win, one place, one show. Julie Krone is the only woman to have won a US Triple Crown race, on Colonial Affair in the 1993 Belmont. With appearances in the 2011 Kentucky Derby ,

5085-642: The Adelaide jockeys' premiership and became the first woman to win a metropolitan jockeys' premiership in mainland Australia. In 2005, Andrea Leek became the first woman to ride the winner of the Grand National Hurdle (4,300 m) at Flemington when she won aboard Team Heritage. In 2009 it was reported women account for 17% of jockeys in Victoria. But, they receive only 10% of the rides, and are often overlooked in favour of male jockeys, especially in

5198-768: The Arlington Million, with his trainer, Catherine Day Phillips , being the first female trainer to ever win the race. The race has been run under several different names: in 1981, it was called the Arlington Million Invitational Stakes; from 1982 through 1984 it was known as the Budweiser Million Stakes; from 1985 through 1987, it was the Budweiser-Arlington Million. In 1988, the race was held at Woodbine Racetrack in Toronto , Ontario to accommodate

5311-656: The Arlington Park property), announced that it would relocate the race along with several of Arlington's traditional stakes races. A special one-day Arlington Million racing card was held at Churchill on August 13, 2022. The plans were made possible after Churchill reached an agreement with Ellis Park , which normally controls racing in Kentucky during the summer, along with the Kentucky Horse Racing Commission and Kentucky horsemen. The move

5424-685: The Churchill Downs turf course is smaller than the one used at Arlington, the distance of the race was shortened from 1 + 1 ⁄ 4 miles to 1 + 1 ⁄ 8 miles. In December 2022 an agreement was reached between Churchill Downs and the American Graded Stakes Committee to move the 2023 Arlington Million to Colonial Downs in Virginia . The move allowed the race to return to its original distance of 1 + 1 ⁄ 4 miles. Several times throughout

5537-473: The Irish Turf Club measured the effects of rapid weight loss to make weight in professional and apprentice jockeys and found significant levels of dehydration; however, cognitive function was maintained, suggesting jockeys had become accustomed to performing in a dehydrated state and had potentially developed a preventative mechanism to enable them to perform under these conditions. In January 2016 it

5650-510: The New Zealand Racing Conference eventually accepted female jockeys. They became eligible to ride on 15 July 1978 with the first New Zealand woman to ride in a totalisator race in New Zealand being Joanne Hale (Giles) on that day at Waimate. Sue Day (Christchurch), Joanne Lamond (Oamaru) and Vivienne Kaye (Awapuni) also rode in later races on that same day. Sue Day became the first New Zealand female jockey winner in

5763-592: The New Zealand jockeys' premierships. In recent years the New Zealand jockeys premiership has been won by Lisa Allpress (2012, 2016, 2019 and 2020), Samantha Collett (2018) and Danielle Johnson (2021). In April 2017 at Timaru eight of the nine races on the card were won by women jockeys: Alysha Collett, Kylie Williams, Tina Comignaghi, Amanda Morgan and Samantha Wynne. On 10 October 2019 at Tauherenikau Racecourse all eight races were won by women riders: Rosie Myers (4 races), Lisa Allpress (2), Charlotte O'Beirne (A) and Leah Mischewski. Eliza Carpenter (1851 – 1924)

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5876-540: The Treasury James Guthrie proposed creating $ 100, $ 50, and $ 25 gold coins, to be referred to as a union , half union , and quarter union , respectively, thus implying a denomination of 1 Union = $ 100. However, no such coins were ever struck, and only patterns for the $ 50 half union exist. When currently issued in circulating form, denominations less than or equal to a dollar are emitted as U.S. coins , while denominations greater than or equal to

5989-854: The Treasury to borrow $ 50 million in the form of Demand Notes , which did not bear interest but could be redeemed on demand for precious metals. However, by December 1861, the Union government's supply of specie was outstripped by demand for redemption and they were forced to suspend redemption temporarily. In February 1862 Congress passed the Legal Tender Act of 1862 , issuing United States Notes , which were not redeemable on demand and bore no interest, but were legal tender , meaning that creditors had to accept them at face value for any payment except for public debts and import tariffs. However, silver and gold coins continued to be issued, resulting in

6102-555: The U.S. dollar at par with the Spanish silver dollar , divided it into 100 cents , and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes , popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallic standard of 371.25 grains (24.057 g) (0.7734375 troy ounces) fine silver or, from 1834 , 23.22 grains (1.505 g) fine gold, or $ 20.67 per troy ounce . The Gold Standard Act of 1900 linked

6215-571: The United Kingdom. They were first mentioned in 1515, and the current system was formally established in the 1700s. Horses are identified as they race by the colourful, traditional silk shirts and helmets their jockeys wear, these representing the horses' owners. The colours need to be significantly different to serve this purpose and are registered by each Australian state's Principal Racing Authority (PRA). The silks of famous jockeys, horses and owners can fetch high prices at auction, suggesting

6328-450: The United States and to supervise its banking system, particularly in the aftermath of the Panic of 1907 . For most of the post-war period, the U.S. government has financed its own spending by borrowing heavily from the dollar-lubricated global capital markets, in debts denominated in its own currency and at minimal interest rates. This ability to borrow heavily without facing a significant balance of payments crisis has been described as

6441-530: The United States dollar . Article I, Section 9 of the Constitution provides that "a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time", which is further specified by Section 331 of Title 31 of the U.S. Code. The sums of money reported in the "Statements" are currently expressed in U.S. dollars, thus the U.S. dollar may be described as

6554-680: The United States until the Coinage Act of 1857 . In particular, colonists' familiarity with the Spanish two- real quarter peso was the reason for issuing a quasi-decimal 25-cent quarter dollar coin rather than a 20-cent coin. For the relationship between the Spanish dollar and the individual state colonial currencies, see Connecticut pound , Delaware pound , Georgia pound , Maryland pound , Massachusetts pound , New Hampshire pound , New Jersey pound , New York pound , North Carolina pound , Pennsylvania pound , Rhode Island pound , South Carolina pound , and Virginia pound . On July 6, 1785,

6667-543: The United States was a significant recipient of wartime gold inflows. After the United States emerged as an even stronger global superpower during the Second World War , the Bretton Woods Agreement of 1944 established the U.S. dollar as the world's primary reserve currency and the only post-war currency linked to gold. Despite all links to gold being severed in 1971, the dollar continues to be

6780-554: The Wellington Derby on 22 January 1979 (possibly the first female jockey world-wide to win a Derby). Jones was also the first female jockey to win a professional race against males at a registered meeting in Australia, winning aboard Pay The Purple in the Labour Day Cup at Doomben Racecourse , Brisbane on May 7, 1979. In 1982 Maree Lyndon was the first female jockey to win a Group I race in New Zealand when winning

6893-404: The apprenticeship system serves to induct young people into racing employment. Jockeys usually start out when they are young, exercising horses in the morning for trainers, and entering the riding profession as apprentice jockeys. It is normally necessary for an apprentice jockey to ride a minimum of about 20 barrier trials successfully before being permitted to ride in races. An apprentice jockey

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7006-521: The average Spanish dollar in circulation. The new U.S. silver dollar of 371.25 grains (24.057 g) therefore compared favorably and was received at par with the Spanish dollar for foreign payments, and after 1803 the United States Mint had to suspend making this coin out of its limited resources since it failed to stay in domestic circulation. It was only after Mexican independence in 1821 when their peso's fine silver content of 377.1 grains

7119-500: The backside, created by Abraham Lincoln to finance the North for the Civil War . It is still used to refer to the U.S. dollar (but not to the dollars of other countries). The term greenback is also used by the financial press in other countries, such as Australia , New Zealand , South Africa , and India . Other well-known names of the dollar as a whole in denominations include greenmail , green , and dead presidents ,

7232-440: The buying and selling of goods. This allowed the value of things to remain fairly constant over time, except for the influx and outflux of gold and silver in the nation's economy. Though a Spanish dollar freshly minted after 1772 theoretically contained 417.7 grains of silver of fineness 130/144 (or 377.1 grains fine silver), reliable assays of the period in fact confirmed a fine silver content of 370.95 grains (24.037 g) for

7345-613: The cities. In some regions of Australia about half of the apprentice jockey intakes are women. In January 2015 at Mount Gambier , South Australia, all eight races on the card were won by women jockeys: Emily Finnegan (3 wins), Clare Lindop (2), Holly McKechnie (2) and Chelsea Jokic (1). Michelle Payne became the first female jockey to win the Melbourne Cup on 3 November 2015. Women were initially banned from racing under Jockey Club rules in Britain, though records indicate that women rode, disguised as men, as early as 1804. In

7458-487: The completion of repairs after the 1985 fire, and there was no race held in 1998 or 1999 during a two-year shutdown of Arlington Park. In 2021, the final year of live racing at Arlington, the race was called the Mister D. Stakes (after Richard L. Duchossois ) with a purse of $ 600,000. The 2022 Arlington Million was run at Churchill Downs . The Louisville racetrack's parent company, Churchill Downs Incorporated (which owns

7571-414: The currency, a practice compared to the policies of European monarchs. The currency as we know it today did not get the faces they currently have until after the early 20th century; before that "heads" side of coinage used profile faces and striding, seated, and standing figures from Greek and Roman mythology and composite Native Americans. The last coins to be converted to profiles of historic Americans were

7684-632: The depreciation of the newly printed notes through Gresham's law . In 1869, Supreme Court ruled in Hepburn v. Griswold that Congress could not require creditors to accept United States Notes, but overturned that ruling the next year in the Legal Tender Cases . In 1875, Congress passed the Specie Payment Resumption Act , requiring the Treasury to allow U.S. Notes to be redeemed for gold after January 1, 1879. Though

7797-668: The dime (1946), the half Dollar (1948), and the Dollar (1971). After the American Revolution , the Thirteen Colonies became independent . Freed from British monetary regulations, they each issued £sd paper money to pay for military expenses. The Continental Congress also began issuing "Continental Currency" denominated in Spanish dollars. For its value relative to states' currencies, see Early American currency . Continental currency depreciated badly during

7910-490: The discontinuation of all other types of notes (Gold Certificates in 1933, Silver Certificates in 1963, and United States Notes in 1971), U.S. dollar notes have since been issued exclusively as Federal Reserve Notes . The U.S. dollar first emerged as an important international reserve currency in the 1920s, displacing the British pound sterling as it emerged from the First World War relatively unscathed and since

8023-421: The dollar came under the gold standard de jure only after 1900, the bimetallic era was ended de facto when the Coinage Act of 1873 suspended the minting of the standard silver dollar of 412.5 Troy grains = 26.73 g; 0.859 ozt, the only fully legal tender coin that individuals could convert bullion into in unlimited (or Free silver ) quantities, and right at the onset of the silver rush from

8136-400: The dollar solely to gold. From 1934, its equivalence to gold was revised to $ 35 per troy ounce . In 1971 all links to gold were repealed. The U.S. dollar became an important international reserve currency after the First World War , and displaced the pound sterling as the world's primary reserve currency by the Bretton Woods Agreement towards the end of the Second World War . The dollar

8249-450: The eating disorders of jockeys living in the first half of the twentieth century. As in the cases of champion jockey Kieren Fallon and Robert Winston, the pressure to stay light has been blamed in part for jockeys suffering agonies of thirst from dehydration while racing. Sports Dietitians Australia warns: "Dehydration and energy depletion may compromise concentration and coordination." Indeed, recent research carried out in association with

8362-417: The esteem in which history and tradition are held in horse racing. Although Racing Australia requires that all jockeys wear approved helmets and safety vests, racegoers are unaware of this latter safety equipment as it is worn beneath the silks. Jockeys also wear a 'skivvy' under the silks. On race days the skivvy chosen is a lightweight mesh or microfibre bodysuit, sleeved or sleeveless, whereas, for track work,

8475-882: The first woman to ride 100 winners in a British season in 2008. Also in 2008, Kirsty Milczarek became the first woman to ride three winners at a single British race meeting, at Kempton in February. Milczarek rode 71 winners that year. This period saw the total number of female jockeys in British Flat racing rise significantly. Two further female jockeys have won the apprentice championship since Turner – Amy Ryan in 2012 and Josephine Gordon in 2016. This change has not applied in National Hunt racing, though amateur riders Nina Carberry and Katie Walsh (sister of Ruby Walsh ) have gained success in Ireland and ridden winners at

8588-654: The highest level; their respective Triple Crown series : Starting with Joan Phipps in the 1973 Breeders' Stakes , 10 different women have competed in 30 Canadian Triple Crown races, with a combined 2 wins, 3 places, 4 shows. Moreover, while no US Triple Crown race has ever featured more than one female rider, that feat has occurred on 10 occasions in Canada, and 3 different women— Francine Villeneuve , Chantal Sutherland and Emma-Jayne Wilson —have raced in all three Canadian races. Sutherland has done it twice over and Wilson thrice over. By comparison, since Diane Crump rode in

8701-458: The last of which she reportedly raced at Tijuana , Baja California . Anna Lee Aldred (1921 – 2006) was given a license at age 18 in 1939 at Agua Caliente Racetrack in Tijuana, Mexico, when officials were unable to find a rule that would bar women jockeys and she finished second by a nose in her first professional race. Hollywood stuntwoman Alice Van-Springsteen (1918 – 2008) also rode as

8814-435: The late 1970s, pioneers such as Pam O'Neill in Australia and Linda Jones from New Zealand forced jockey club officials to grant women the right to compete on an equal footing in registered races against men. They were unquestionably the first women jockeys to be licensed to ride in the metropolitan areas of Australia. Previously women had been riding against men in Australia at the unregistered "all-height" meetings. Pam created

8927-397: The latter of which referring to the deceased presidents pictured on most bills. Dollars in general have also been known as bones (e.g. "twenty bones" = $ 20). The newer designs, with portraits displayed in the main body of the obverse (rather than in cameo insets), upon paper color-coded by denomination, are sometimes referred to as bigface notes or Monopoly money . Piastre

9040-401: The modern-day World Bank Group , establishing the infrastructure for conducting international payments and accessing the global capital markets using the U.S. dollar. The monetary policy of the United States is conducted by the Federal Reserve System , which acts as the nation's central bank . It was founded in 1913 under the Federal Reserve Act in order to furnish an elastic currency for

9153-500: The novice Scorched Earth to victory in the first race, the Goya Stakes at Kempton Park on 6 May 1972. In 1976 Valerie Greaves became the first amateur woman to "beat professionals under Rules" at Hexham Racecourse . In September, 1978, Karen Wiltshire, age 22, won a Salisbury handicap on The Goldstone, making her the first woman professional jockey to ride a winner in a British flat race. In 2024, Wiltshire published an account of

9266-517: The numerical amount, is used for the U.S. dollar (as well as for many other currencies). The sign was perhaps the result of a late 18th-century evolution of the scribal abbreviation p for the peso , the common name for the Spanish dollars that were in wide circulation in the New World from the 16th to the 19th centuries. The p and the s eventually came to be written over each other giving rise to $ . Another popular explanation

9379-462: The origins of racing colours of various patterns may have been influenced by racing held in Italian city communities since medieval times. Purple, gold and or yellow/nude, Such traditional events are still held on town streets and are known for furious riding and the colorful spectacle they offer. While the term "silks" is used in the United States to refer to racing colours, technically "silks" are

9492-561: The other. This theory, popularized by novelist Ayn Rand in Atlas Shrugged , does not consider the fact that the symbol was already in use before the formation of the United States. The U.S. dollar was introduced at par with the Spanish-American silver dollar (or Spanish peso , Spanish milled dollar , eight-real coin , piece-of-eight ). The latter was produced from the rich silver mine output of Spanish America ,

9605-527: The prejudice she had to deal with as a woman jockey in the 1970s. In 1996, Alex Greaves , the daughter of Valerie Greaves, became the first woman to ride in the Epsom Dash in Epsom Derby 's 216-year history. The first decade of the 21st century saw the profile of women jockeys rise considerably in British Flat racing. In 2005 Hayley Turner became Champion Apprentice rider, before becoming

9718-465: The public offices and all proceedings in the courts of the United States shall be kept and had in conformity to this regulation. Unlike the Spanish milled dollar, the Continental Congress and the Coinage Act prescribed a decimal system of units to go with the unit dollar, as follows: the mill , or one-thousandth of a dollar; the cent , or one-hundredth of a dollar; the dime , or one-tenth of

9831-501: The purse winnings. In Australia, employment of apprentice jockeys is in terms of indenture to a master (a trainer); and there is a clear employee-employer relationship. When an apprentice jockey finishes their apprenticeship and becomes a "fully fledged jockey", the nature of their employment and insurance requirements change because they are regarded as "freelance", like contractors. Jockeys often cease their riding careers to take up other employment in racing, usually as trainers. In this way

9944-411: The race twice. On August 30, 1981, Willie Shoemaker became the first jockey to win a $ 1 million thoroughbred horse race when John Henry took the inaugural Arlington Million by a nose over The Bart. The track famously ran the Arlington Million in 1985 under the shadow of a burnt-out grandstand, after a fire had occurred there 25 days earlier. In 2007, Jambalaya became the first Canadian bred horse to win

10057-448: The race's history, it was nationally televised, usually through a simulcast aired on WGN-TV picked up by their superstation feed , NBCSN , and TVG throughout the years. Time record: At 1 + 1 ⁄ 4 miles Most wins: Longest odds: Shortest odds: Most wins by an owner: Most wins by a jockey : Most wins by a trainer : Largest Margin of Victory: Shortest Margin of Victory: US$ This

10170-487: The rise in the price of silver during the California Gold Rush and the disappearance of circulating silver coins, the Coinage Act of 1853 reduced the standard for silver coins less than $ 1 from 412.5 grains to 384 grains (24.9 g), 90% silver per 100 cents (slightly revised to 25.0 g, 90% silver in 1873). The Act also limited the free silver right of individuals to convert bullion into only one coin,

10283-514: The same is now current, and to contain three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver. Section 20 of the Act designates the United States dollar as the unit of currency of the United States: [T]he money of account of the United States shall be expressed in dollars, or units...and that all accounts in

10396-552: The silver dollar at the rate of 1 silver dollar to 1000 continental dollars. This resulted in the clause "No state shall... make anything but gold and silver coin a tender in payment of debts" being written into the United States Constitution article 1, section 10 . From implementation of the 1792 Mint Act to the 1900 implementation of the gold standard , the dollar was on a bimetallic silver-and-gold standard, defined as either 371.25 grains (24.056 g) of fine silver or 24.75 grains of fine gold (gold-silver ratio 15). Subsequent to

10509-477: The silver dollar of 412.5 grains; smaller coins of lower standard can only be produced by the United States Mint using its own bullion. Summary and links to coins issued in the 19th century: In order to finance the War of 1812 , Congress authorized the issuance of Treasury Notes , interest-bearing short-term debt that could be used to pay public dues. While they were intended to serve as debt, they did function "to

10622-521: The sport. Then they would work their way up to trainers, and then become full-time racers. By the end of the 1800s, horse racing was almost exclusively run by African American jockeys. The three most successful black jockeys being Isaac Murphy , Willie Simms , and Jimmy Winkfield , with Murphy winning the Kentucky Derby in 1884, 1887, and 1890. This dominance of the sport by African Americans came to an abrupt stop in 1896 when Plessy vs. Ferguson

10735-414: The value of an eagle at 10 dollars, and the dollar at 1 ⁄ 10 eagle. It called for silver coins in denominations of 1, 1 ⁄ 2 , 1 ⁄ 4 , 1 ⁄ 10 , and 1 ⁄ 20 dollar, as well as gold coins in denominations of 1, 1 ⁄ 2 and 1 ⁄ 4 eagle. The value of gold or silver contained in the dollar was then converted into relative value in the economy for

10848-423: The war, giving rise to the famous phrase "not worth a continental". A primary problem was that monetary policy was not coordinated between Congress and the states, which continued to issue bills of credit. Additionally, neither Congress nor the governments of the several states had the will or the means to retire the bills from circulation through taxation or the sale of bonds. The currency was ultimately replaced by

10961-410: The weight limits. Jockeys racing on the flat typically stand around 4 ft 10 in (147 cm) to 5 ft 7 in (170 cm). Jump jockeys are often taller, with multiple examples over 5 ft 10 in (178 cm). Lester Piggott , considered one of the greatest flat jockeys, was nicknamed "Longfellow" for his height of 5 ft 8 in (173 cm), and Jack Andrews , who

11074-497: The western circuit. Even though she was always in demand as a training jockey, her applications for a license were turned down in state after state. Twelve years after Davis retired, the "modern era of female jockeys" began when Olympic equestrian and show jumping competitor Kathy Kusner , who had also ridden as a jockey, successfully sued the Maryland Racing Commission for a jockey's license in 1967 under

11187-494: The white breeches and bib, stock or cravat. Obtaining them is a rite of passage when a jockey is first able to don silken pants and colors in their first race ride. At one time silks were invariably made of silk chosen for being a lightweight fabric, though now synthetics are used instead. Silks and their colours are important symbols of loyalty and festivity. Many of the silks bear chequered patterns, polka dots, stripes or icons such as quatrefoils. The wearing of silks originated in

11300-522: The word was applied to horse-dealers, postilions , itinerant minstrels and vagabonds, and thus frequently bore the meaning of a cunning trickster, a "sharp", whence the verb to jockey , "to outwit", or "to do" a person out of something. The current meaning of a person who rides a horse in races was first seen in 1670. Jockeys must be light to ride at the weights which are assigned to their mounts. There are horse carrying weight limits that are set by racing authorities. The Kentucky Derby , for example, has

11413-488: The world's foremost reserve currency for international trade to this day. The Bretton Woods Agreement of 1944 also defined the post-World War II monetary order and relations among modern-day independent states , by setting up a system of rules, institutions, and procedures to regulate the international monetary system . The agreement founded the International Monetary Fund and other institutions of

11526-577: The years American women jockeys have proven their ability. Julie Krone 's 3,704 victories is the most by an American woman and As of June 2012 , at least nineteen others have each ridden more than 1,000 winners. For the most part Canada has generally followed the lead of the U.S. in opportunities for women riders. Canada has far fewer tracks than the U.S. and to date Canada has only two female jockeys with 1,000 wins. However, in both actual and relative numbers as well as overall success rate, Canada has surpassed its southern neighbor in opportunities for women at

11639-473: Was an early African-American race horse owner. In Ponca City, Oklahoma , she trained horses for racing, becoming one of the few African-American stable owners in the West . When dissatisfied with the way a race was going, she sometimes would ride her own horses as a jockey, winning some races. Recorded names of her horses include "Irish Maid", "Blue Bird", "Jimmy Rain", "Sam Carpenter", and "Little Brown Jug",

11752-547: Was announced that the International Concussion and Head Injury Research Foundation (ICHIRF) will run a new study. Named 'Concussion in Sport' it will be the first study to take a detailed look at the effects of concussion on sports people, including on around 200 retired jockeys. Based on American statistics, women comprise only 14 percent of working jockeys and ride only 10 percent of all race starts. During

11865-406: Was criticized by the president of a group representing Illinois horsemen. Illinois Thoroughbred Horsemen's Association president Chris Block suggested that the relocation of the Arlington Million and other races is another sign that the Arlington Park racetrack was closed for good, adding: "What I want to do now is take a horse down there and win the first Arlington Million at Churchill Downs." Because

11978-412: Was firmly upheld, which the U.S. later had to compete with using a heavier 378.0 grains (24.49 g) Trade dollar coin . The early currency of the United States did not exhibit faces of presidents, as is the custom now; although today, by law, only the portrait of a deceased individual may appear on United States currency. In fact, the newly formed government was against having portraits of leaders on

12091-476: Was introduced in 1981 by Joe Joyce , the father of TVG 's Mike Joyce and the president of Arlington Park at the time. The winner receives 60% of the million dollar purse and the Arlington Million Trophy . The race was graded after only its second running and was awarded a grade one status in 1983 based on the talent of the runners that raced in its first two years. The horse John Henry won

12204-465: Was later shortened to the German taler , a word that eventually found its way into many languages, including: tolar ( Czech , Slovak and Slovenian ); daler ( Danish and Swedish ); talar ( Polish ); dalar and daler ( Norwegian ); daler or daalder ( Dutch ); talari ( Ethiopian ); tallér ( Hungarian ); tallero ( Italian ); دولار ( Arabic ); and dollar ( English ). Though

12317-748: Was minted in Mexico City , Potosí (Bolivia), Lima (Peru), and elsewhere, and was in wide circulation throughout the Americas, Asia, and Europe from the 16th to the 19th centuries. The minting of machine-milled Spanish dollars since 1732 boosted its worldwide reputation as a trade coin and positioned it to be the model for the new currency of the United States . Even after the United States Mint commenced issuing coins in 1792, locally minted dollars and cents were less abundant in circulation than Spanish American pesos and reales ; hence Spanish, Mexican, and American dollars all remained legal tender in

12430-588: Was only at the time of her death in 1975 that the racing world was officially told that Bill was really Wilhemena. Subsequent inquiries proved that William Smith was actually a woman who had been born Wilhemena Smith in a Sydney hospital in 1886. In an era when women were clearly denied equality, she had become known as a successful jockey in Queensland country districts as 'Bill Smith'. Elizabeth Williams Berry rode in Melbourne and internationally, disguised as

12543-677: Was the Betway Bowl at the Grand National Festival, on Tea For Two. In the 2016/17 season Rachael Blackmore became the first female jockey to win the Irish Conditional Jockeys title. In 2018 Lizzie Kelly became the first female professional jockey to ride a winner at the Cheltenham Festival. She rode Coo Star Sivola in the Ultima handicap chase. In 2019 Bryony Frost became the first female jockey to ride

12656-593: Was the first licensed woman rider to ride in a parimutuel Thoroughbred race in the United States at the Hialeah Park Race Track in Florida . She required a police escort to get to the paddock . Two weeks later, on 22 February at Charles Town in West Virginia , Barbara Jo Rubin became the first woman to win a race, and went on to win 11 of her first 22. Others soon followed suit and over

12769-662: Was the original French word for the U.S. dollar, used for example in the French text of the Louisiana Purchase . Though the U.S. dollar is called dollar in Modern French, the term piastre is still used among the speakers of Cajun French and New England French , as well as speakers in Haiti and other French-speaking Caribbean islands. Nicknames specific to denomination: The symbol $ , usually written before

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