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66
A Vein for Silver and a Place for Gold."
FROM THE Evening Post .
Mr. Stokes's Basal Proposition.
The Boston Brethren.
Ammunition of the Most Deadly Kind.
13
17
29
THIRD LETTER ON JOINT-METALLISM
The Plan does Not Affect Present Debts.
The Parliamentary Commission.
FOURTH LETTER ON JOINT-METALLISM.
A Goddess with so Unfeminine a Name.
What Lincoln Said about the Common People.
Some Dangers of the Present Situation.
The Last Legal-Tender Opinion.
The Difficulty of Maintaining the Treasury Reserve.
Potatoes and Point.
APPENDIX
79
Contents.
PART II.
JOINT-METALLISM versus BIMETALLISM AND
MONOMETALLISM
These Terms Defined.
How Joint-Metallism would Work and Result.
Unscientific Bimetallism with Empirical Ratio.
Why Wheat, Cotton, and Wages Decline with
Silver.
David A. Wells and Edward Atkinson Answered.
The Impending Crisis.
A Commission of Judges and Experts Necessary.
Joint-Metallism a Merit System.
iii
PAGE
121
PART III.
HISTORY OF THE SCIENCE OF MONEY: A STUDY
OF GREAT PHILOSOPHICAL WORKS ON MONEY AND COINAGE
Nicole Oresme, the Fourteenth-Century Political
Economist, Author of Traictie de la Première
Invention des Monnoies.
Nicholas Copernicus, the Astronomer and Re-
former of Coinage, Author of Monete Cudende
Ratio.
Wolowski's Admirable Annotated Edition of
These Great Treatises. Paris, 1864.
Views of Bacon, Locke, Newton, etc., etc.
Macleod's Bimetalism: London, 1894.
The Difficulty with Bimetallism in 1873.
151
QUOTATIONS FROM ORESME AND COPERNICUS
SHOWING THEIR WONDERFUL GRASP OF
MONETARY PRINCIPLES
That They Saw that Gold and Silver Coins
should Always Bear Substantially the Same
Ratio to Each Other as Their Bullion
Values.
That They Tried to Accomplish This by Re-
coinages when Market Values Changed.
That This Ratio can be Maintained Conveniently
by Having a Standard Silver Coin of the
Same Weight as a Standard Gold Coin, and
Simply Changing, when Necessary, the
Number of These Silver Coins to be the
Just and Legal Equivalent of the Gold Coin.
That Thus Silver can be Used Equally with Gold.
PART IV.
THE APOTHEOSIS OF CREDIT
OBJECTIONS ANSWERED AND HONEST LEGIS-
LATION DEMANDED.
168
172
PART V.
SARATOGA DEBATE
LETTERS TO Springfield Republican
AFTER THE ELECTION, WHAT?
. 209
. 218
INDEX