International Monetary Conferences: Their Purposes, Character, and Results, with a Study of the Conditions of Currency and Finance in Europe and America During Intervening Periods, and in Their Relations to International Action

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Harper & Brothers, 1898 - 477 Seiten
 

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Seite 427 - And It is hereby declared to be the policy of the United States to continue the use of both gold and silver as standard money, and to coin both gold and silver into money, 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 nt all times in the markets and in the payment of debts.
Seite 264 - The great revival of trade, internal and foreign, will supply during the coming year its own instructions, which may well be awaited before attempting further experimental measures with the coinage. I would, however, strongly urge upon Congress the importance of authorizing the Secretary of the Treasury to suspend the coinage of silver dollars upon the present legal ratio. The market value of the silver dollar being uniformly and largely less than the market value of the gold dollar, it is obviously...
Seite 122 - ... legal tender at their nominal value for any amount not exceeding five dollars in any one payment.
Seite 381 - 1. That the re-establishment and maintenance of a fixed parity between gold and silver, and the continued use of both as coined money of full debt-paying power, would be productive of important benefits to the world. "2. That these ends can be accomplished by removing the legal restrictions which now exist on the coinage of silver into full...
Seite 111 - Auditor, and to such other gentlemen as are known to be intelligent upon metallurgical and numismatical subjects, with the request that the printed bill should be returned with such notes and suggestions as experience and education should dictate. In this way the views of more than thirty gentlemen who are conversant with the manipulation of metals, the manufacture of coinage, the execution of the present laws relative thereto, the method of keeping accounts, and of making returns to the department,...
Seite 43 - England, many persons of influence, and different chambers of commerce are earnestly in favor of the proposed change in their coinage. The change is so slight with them that an enlightened self-interest will soon induce them to make it; especially if we make the greater change in our coinage. We...
Seite 328 - Because it is my deliberate judgment that the prosperity of America is mainly due to its system of protective laws, I urge that Germany has now reached that point where it is necessary to imitate the tariff system of the United States.
Seite 352 - We think that in any conditions fairly to be contemplated in the future, so far as we can forecast them from the experience of the past, a stable ratio might be maintained if the nations we have alluded to were to accept and strictly adhere to bimetallism, at the suggested ratio.
Seite 16 - Gentlemen talk about a double standard of gold and silver as a thing that exists, and that we propose to change. We have had but a single standard for the last three or four years. That has been and now is, gold. We propose to let it remain so and to adapt silver to it, to regulate it by it.

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