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40th Congress 41st Congress adoption amount Appendix average Bank of England bimet bimetallists bonds British India bushel cents per ounce circulation coinage of silver commerce commodities conference of 1867 Congress creditor debt debtor demand effect Europe existing France free coinage gold and silver gold coins gold dollar gold monometallism gold or silver gold product increase independent bimetallism Index Number industries international bimetallism intrinsic value issued John Sherman July Latin Union lative legal ratio legal tender legislative action metallic standard money mints monetary policy monetary system nations paper money payable payment period pounds sterling precious metals premium present price of silver pure silver ratio of 16 relative value result Senate silver and gold silver coins silver dollar silver money silver standard single gold standard standard silver statute supra tion token money U. S. Stat United United States Mint value of gold value of silver weight wheat world's gold
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.
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.