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 Other

G.P. Putman's Sons, 1894 - 198 頁


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第 82 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 130 頁 - So that the value of money, other things being the same, varies inversely as its quantity; every increase of quantity lowering the value, and every diminution raising it, in a ratio exactly equivalent.
第 84 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 81 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 124 頁 - I am certainly of opinion," said Mr. Webster, "that gold and silver, at rates fixed by Congress, constitute the legal standard of value in this country, and that neither Congress nor any State has authority to establish any other standard or to displace this standard.
第 96 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 81 頁 - ... of equal intrinsic and exchangeable value, such equality to be secured through international agreement or by such safeguards of legislation as will insure the maintenance of the parity in value of the coins of the two metals, and the equal power of every dollar at all times, in the markets and in the payment of debts.
第 i 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.