Gresham's law Crown in the city of Antwerp, to explain to Queen Elizabeth I what was happening to the English shilling. Her father, Henry VIII, had replaced 40 percent of the silver in the coin with base metals, to increase the government's income without raising taxes. Astute English merchants and even ordinary subjects would save the good shillings from pure silver and circulate the bad ones; hence, the bad money would be used whenever possible, and the good coinage would be saved and disappear from circulation. Gresham was not the first to state the law which took his name. The phenomenon had
The Good Bad Man re-release is preserved at the Library of Congress. On May 31, 2014, a restored print of the 1923 version was shown at the San Francisco Silent Film Festival at the Castro Theatre. This print has an original title at the beginning: "Supervised by D. W. Griffith". Fairbanks biographer Jeffrey Vance finds "The Good Bad Man" fascinating for what it reveals about Fairbanks the man. Vance writes: The Good Bad Man The Good Bad Man is a 1916 American silent Western film directed by Allan Dwan. The film stars Douglas Fairbanks (who also produced and wrote the film) and Bessie Love.