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The Demonetization of Silver 16961873 Passive
monetary reform of 1871 p 57 3 Adoption of gold
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45th Congress American silver policy Bank bimetallic 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 Gresham's Law Handy & Harman History of Currency Ibid increased India issue June Latin Monetary Union Laughlin legal tender power London market price market ratio measure of value ment metallic standard monetary standard monetary system monometallism nations 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