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HISTORY OF THE SCIENCE OF MONEY : A STUDy
Nicole Oresme, the Fourteenth-Century Political
Page QUoTATIONS FROM ORESME AND CoPERNICUs SHOWING THEIR WONDERFUL GRASP OF
Mon ETARY PRINCIPLEs . - - . 168
CoNCLUSION . - - - e e . I72
That This Ratio can be Maintained Conveniently
PART IV. THE APOTHEOSIS OF CREDIT - - . 187
OBJECTIONS ANSWERED AND HONEST LEGISLATION DEMANDED . . . e e . Ig?
SARATOG A DEBATE - - - - . 209 LETTERs To Springfield Republican • . 218 AFTER THE ELECTION, WHAT 2 . - , 229
INIDEX . - - - - - e • 235
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.
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
date. He claims that the true economic ratio would
NEw York, March, 1895.