Word: fiat
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Dates: during 1890-1899
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...assertion of it; if so, shall it be asserted to the point of war or only so far as to prevent an implied surrender of it; does it involve the corrolary now asserted by our government, that "today the United States is practically sovereign on the continent, and its fiat is law upon the subjects to which it confirms its interposition;" does it involve the position, also asserted, "that distance and 3000 miles of intervening ocean make
...coincide with market ratio. - (b) This ratio is ascertainable. - (c) There would be no tendency for silver to drive out gold. - (1) A silver dollar would contain a gold dollar's worth of silver. - (d) Our present silver money could be gradually recoined at new ratio; meanwhile government's fiat would maintain it at parity with gold as it does...