The Constitutional Standard. "A Vein for Silver and a Place for Gold.” How Joint-Metallism would Work and Result. Unscientific Bimetallism with Empirical Ratio. Why Wheat, Cotton, and Wages Decline with David A. Wells and Edward Atkinson Answered. Nicole Oresme, the Fourteenth-Century Political Economist, Author of Traictie de la Première Nicholas Copernicus, the Astronomer and Re- former of Coinage, Author of Monete Cudende Wolowski's Admirable Annotated Edition of Views of Bacon, Locke, Newton, etc., etc. That They Saw that Gold and Silver Coins should Always Bear Substantially the Same Ratio to Each Other as Their Bullion 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 172 ADVERTISEMENT OF THE FOURTH EDITION. 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. He 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. 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 |