The National ReviewW.H. Allen, 1886 - Great Britain |
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Page 18
It was not the “ law ” which was to fix the ratio of value , but the natural or intrinsic ratio of value which was to fix the legal rate of exchange between gold and silver money . The French system , therefore , so far from providing ...
It was not the “ law ” which was to fix the ratio of value , but the natural or intrinsic ratio of value which was to fix the legal rate of exchange between gold and silver money . The French system , therefore , so far from providing ...
Page 30
This gigantic operation would choke all the mints of the civilized world for many years to come ; and it is difficult to understand by what means silver money could be circulated at the ratio thus newly fixed until the recoinage were ...
This gigantic operation would choke all the mints of the civilized world for many years to come ; and it is difficult to understand by what means silver money could be circulated at the ratio thus newly fixed until the recoinage were ...
Page 35
... and nearly all South America — will hold out for their own ratio , because it is , however variable the formula may be which expresses it , that which is fixed by the free action of men exchanging their gold or silver without let or ...
... and nearly all South America — will hold out for their own ratio , because it is , however variable the formula may be which expresses it , that which is fixed by the free action of men exchanging their gold or silver without let or ...
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