Elementary Facts Bearing on the Silver Question with Suggestions as to Their Present Significance, 1896

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C. J. Kelly, 1896 - 99 ページ
 

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81 ページ - The American people, from tradition and interest, favor bimetallism, and the Republican party demands the use of both gold and silver as standard money, with such restrictions and under such provisions, to be determined by legislation, as will secure the maintenance of the parity of values of the two metals, so that the purchasing and debt- paying power of the dollar, whether of silver, gold or paper, shall be at all times equal.
82 ページ - ... the established policy of the United States to maintain the two metals on a parity with each other upon the present legal ratio, or such ratio as may be provided by law.
86 ページ - That it shall be lawful for any person or persons to bring to the said mint gold and silver bullion, in order to their being coined ; and that the bullion so brought shall be there assayed and coined as speedily as may be after the receipt thereof, and that free of exjiense to the person or persons by whom the same shall have been brought.
8 ページ - The Constitution of the United States provides that Congress shall have power "to coin money, regulate the value thereof, and of foreign .coin.
82 ページ - 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 at all times in the markets and in the payment of debts.
81 ページ - The Republican party is in favor of the use of both gold and silver as money, and condemns the policy of the Democratic Administration in its efforts to demonetize silver.
27 ページ - ... of gold, would, in our opinion, be likely to affect the price of silver in the market generally, whoever the purchaser and for whatever country it was destined. It would enable the seller to stand out for a price approximating to the legal...
96 ページ - ... legal tender at their nominal value for any amount not exceeding five dollars in any one payment.
74 ページ - COIN'S FINANCIAL SCHOOL is the title of a book, published during the hard times of 1894, that sought to convert its readers to bimetallism, or specifically the free and unlimited coinage of silver at a ratio of 16 to 1 in relation to gold.
81 ページ - ... the dollar unit of coinage of both metals must be of equal intrinsic and exchangeable value or be adjusted through international agreement, or bv such safeguards of legislation as shall insure the maintenance of the parity of the two metals, and the equal power of every dollar at all times in the markets and to the payment of debts; and we demand that all paper currency shall be kept at par with and redeemable in such coin.

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