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The case for bimetallism
Murphy, Joseph John
The question which this essay is an attempt to answer, may be thus expressed :?What would be the effect on prices, and on the financial and industrial interests of the world in general, if the leading nations of the world were to agree to make both gold and silver unlimited legal tender at the ratio of value between the two that prevailed during the seventy years which closed with 1873; ? namely, 15.5 ozs. silver as in France, or 16 ozs. as in the United States, equal to one oz. of gold;?at the same time opening their mints to the unlimited and gratuitous coinage of both metals? The statistical data used in the present attempt to answer this question, are taken from the "Final Report of the Royal Commission, appointed to enquire into the recent changes in the relative values of the precious metals, 1888."
Keyword(s): Bimetallism; Coinage; 314.15
Publication Date:
Type: Journal article
Peer-Reviewed: Yes
Language(s): English
Institution: Trinity College Dublin
Citation(s): Murphy, Joseph John. 'The case for bimetallism'. - Dublin: Journal of the Statistical and Social Inquiry Society of Ireland,Vol. IX Part LXXI, 1890/1891, pp543-562
Publisher(s): Statistical and Social Inquiry Society of Ireland
File Format(s): application/pdf
First Indexed: 2014-05-13 05:36:57 Last Updated: 2014-05-13 05:36:57