institutes of economics a succinct textbook of political economy for the use of pdf epub fb2

by Andrews Elisha Benjamin

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Author: Andrews Elisha Benjamin

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...lism, of which there is little hope, * would relieve us for COIN CURRENCY IN THE UNITED STATES 20/ a time, but only for a time. Wise action must look toward ideal money . ^ 1 Except that many wish the free coinage of silver. A See Â§ 77. ^ This is the scheme of Sylvester's pamph. Named above. It allows to the dollar all the fluctuations in value to which gold alone is subject, this metal being the only ultimate standard, but it would somewhat limit the range or sweep of these, in that a good deal of silver would be in use as medium of exchange. * See the Consular Report named above, esp. Appendix D, by the learned Soetbeer. Comparable with these invaluable " Materials " given us by Soetbeer on the Silver Question, is the memorandum by R. H. Inglis Palgrave, printed as App. B to the final Report of the [1S86] British Com- mission on the Depression of Trade and Industry. It is based on Soet- beer, but adds much that is valuable. Germany would probably join a bimetallic league but for the...