Joint-metallism: A Plan by which Gold and Silver Together, at Ratios Always Based on Their Relative Market Values, May be Made the Metallic Basis of a Sound, Honest, Self-regulating, and Permanent Currency, Without Frequent Recoinings, and Without Danger of One Metal Driving Out the OtherPutnam, 1895 - 277 頁 |
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第 v 頁
... report of the Director of the Mint , etc. The author believes that most of the present de- pression in trade , agriculture , and other industries . is traceable to ignorance of the history and science of money , and to attempts to retry ...
... report of the Director of the Mint , etc. The author believes that most of the present de- pression in trade , agriculture , and other industries . is traceable to ignorance of the history and science of money , and to attempts to retry ...
第 vii 頁
... the President's Message and the Report of the Secretary of the Treasury have been published . I am glad to note that they do not contain any recommendation of " coinage on Government account , " which was vii PREFACE TO THIRD EDITION.
... the President's Message and the Report of the Secretary of the Treasury have been published . I am glad to note that they do not contain any recommendation of " coinage on Government account , " which was vii PREFACE TO THIRD EDITION.
第 38 頁
... report , six members holding to one side and six to the other . Their final report Iwas made in 1888. Since then a distin- guished member , among those who then Precious Metal the Final Basis . 39 held that the 38 Joint - Metallism ...
... report , six members holding to one side and six to the other . Their final report Iwas made in 1888. Since then a distin- guished member , among those who then Precious Metal the Final Basis . 39 held that the 38 Joint - Metallism ...
第 39 頁
... report five years before.1 I do not object to that reduction in values which comes from science , art , in- vention , and discovery , but I do object to the unjust enhancement of the value of gold caused by making it the sole money ...
... report five years before.1 I do not object to that reduction in values which comes from science , art , in- vention , and discovery , but I do object to the unjust enhancement of the value of gold caused by making it the sole money ...
第 55 頁
... has there been any important increase ? Has it increased in proportion to the in- crease in national debts or the increase in the world's trade and population ? 1 1 See Appendix , page 90 . A report issued by the Treasury about January 1 ,
... has there been any important increase ? Has it increased in proportion to the in- crease in national debts or the increase in the world's trade and population ? 1 1 See Appendix , page 90 . A report issued by the Treasury about January 1 ,
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常見字詞
ANSON PHELPS STOKES Appendix appreciation of gold basis of currency basis of money Bimetalism bimetallism Bishop of Lisieux bullion cent coinage ratio commodities Congress Copernicus cost of production credit money Dangerous Political Issue debtors decline in prices demonetization economic equal value favor free coinage Frequent recoinings gold and half gold and silver gold monometallism gold standard coin Government ratio Henry Dunning Macleod honest increased interest joint joint-metallism laborers Latin Union legal ratio legal tender legal-tender lism market ratio metallic basis mints monetary monometal monometallists nations Nicolas Copernicus Nicole Oresme Octavo Oresme ounce party pound sterling precious metals present production of gold quantities of equal ratio of 15 relative market values science of money silver dollars silver standard coins standard of value standard silver coins tion Treasury United value of gold value of silver Walter Bagehot weight wheat and cotton Wolowski writers wrote York
熱門章節
第 75 頁 - The American people, from tradition and interest, favor bimetallism, and the Republican party demands the use of both gold and silver as standard money, with such restrictions and under such provisions, to be determined by legislation, as will secure the maintenance of the parity of values of the two metals, so that the purchasing and debt- paying power of the dollar, whether of silver, gold or paper, shall be at all times equal.
第 75 頁 - ... the established policy of the United States to maintain the two metals on a parity with each other upon the present legal ratio, or such ratio as may be provided by law.
第 75 頁 - We hold to the use of both gold and silver as the standard money of the country, and to the coinage of both gold and silver without discrimination against either metal or charge for mintage...
第 101 頁 - The value of foreign coin as expressed in the money of account of the United States shall be that of the pure metal of such coin of standard value; and the values of the standard coins in circulation of the various nations of the world shall be estimated annually by the Director of the Mint, and be proclaimed on the first day of January by the Secretary of the Treasury.
第 104 頁 - We demand the free and unlimited coinage of both silver and gold at the present legal ratio of 16 to 1 without waiting for the aid or consent of any other nation.
第 164 頁 - Mankind will be fortunate, indeed, if the annual production of gold and silver coin shall keep pace with the annual increase of population, commerce and industry. According to my view of the subject, the conspiracy which seems to have been formed here and in Europe to destroy by legislation and otherwise from three-sevenths to one-half the metallic money of the world, is the most gigantic crime of this or any other age.
第 82 頁 - We believe the fall to be mainly due, at all events, to circumstances independent of changes in the production of, or demand for, the precious metals, or the altered relation of silver to gold. " As regards the fall in the gold price of silver, we think that, though it may be due in part to the appreciation of gold, it is mainly due to the depreciation of silver.
第 40 頁 - Joint-metallism. A plan by which gold and silver together, at ratios always based on their relative market values, may be made the metallic basis of a sound, honest, selfregulating, and permanent currency, without frequent recoinings, and without danger of one metal driving out the other.
第 103 頁 - Recognizing that the money question is paramount to all others at this time, we invite attention to the fact that the Federal Constitution named silver and gold together as the money metals of the United States, and that the first coinage law passed by Congress under the Constitution made the silver dollar the monetary unit and admitted gold to free coinage at a ratio based upon the silver-dollar unit.
第 81 頁 - Nor does it appear to us a priori unreasonable to suppose that the existence in the Latin Union of a bimetallic system with a ratio of 15£ to 1 fixed between the two metals should have been capable of keeping the market price of silver steady at approximately that ratio. " The view that it could only affect the market price to the extent to which there was a demand for it for currency purposes in the Latin Union, or to which it was actually taken to the mints of those countries is, we think, fallacious.