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PREFACE TO FIRST EDITION .
. . xxi
What Lincoln Said about the Common People.
David A. Wells and Edward Atkinson Answered.
Wolowski's Admirable Annotated Edition of
These Great Treatises. Paris, 1864.
ADVERTISEMENT OF THE
The favor with which this book has been received indicates that, notwithstanding the uncompromising attitude of parties who are striving to use the currency question for political advantage, the people are studying it, and are seeking some fair and reasonable solution.
This work is based upon original research, and contains pertinent historical and statistical matter, with references to and quotations from the principal authorities on the science of money ; also a complete Index. The statistical tables have been brought down to date of latest report of the Director of the Mint, etc.
The author believes that most of the present depression in trade, agriculture, and other industries is traceable to ignorance of the history and science of money, and to attempts to retry unscientific experiments ; and he opposes both Monometallism and Bimetallism at any fixed empirical ratio. He proposes that the mints be opened to both the precious metals at their market values when they are presented together in quantities of equal value, and that joint certificates, payable half in gold and half in silver, be issued by the Treasury, to be legal tender for all debts contracted after a fixed future