The Paradox of a Metal Standard: A Case History of Silver

45th Congress American silver policy Bank bimetallic bimetallists Bland-Allison Act bullion century China circulation coinage of silver conference Congress consequently countries demand demonetization of silver double standard England fact favor foreign France free and unlimited Germany gold and silver gold coins gold exchange standard gold standard Handy & Harman History of Currency hoard Ibid increased India issue June 30 Latin Monetary Union Laughlin legal tender power London market price market ratio measure of value ment metallic standard monetary standard monetary system monometallism nations numbers ounces overvalued passim pound sterling price of silver purchasing power rency Report result seigniorage silver advocates silver certificates silver coins silver currency silver dollar silver forces Silver Market silver movement silver price silver producers Silver Purchase Act silver standard silver to gold standard of value standard unit tion token coin Treasury unlimited coinage value of silver value relationship weight white metal