Word: free
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Dates: during 1890-1899
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Debate of Oct. 29, 1896.Question: "Resolved, That free conage of silver at 16-1 would so raise the price of silver as to prevent any depreciation or debasement of the just currency standard...
...free coinage of silver at 16 to 1 would approximate as near to the just currency standard as any financial expedient possible. A The gold standard is manifestly above it (see I. A). B. The bimetallic standard would be above that of 1873 and below the present. (1) The gold displaced by silver in U. S. at first would pull down the appreciated value of gold in gold standard countries. (Orton, p. 26). 2 The price of silver for monetary purposes wouldrise. (a) There would be an increased demand. (x) We greatly need a greater supply of money...
...Free coinage of silver by U. S. at ratio of 16 to 1 would not raise silver to parity with gold. A. The legal tender quality alone will not keep silver at par. (1) This is disproved by (a) Case of present Mexican dollar; (b) Case of greenbacks during the war (Laughlin Rev. of Rev., Sept. '96). B. History shows that an increased demand for silver for use in coinage has not caused a permanent rise in the price of silver. (1) From '78 to '93 the price of silver has steadily fallen, though, (a) during that period...
...text-book; no grammar; greatest labor saving, time-saving system; an infallible method of gaining a "practical" use and full command of all the French verbs and leading idioms, within the compass of 800 words, imparting the power of "thinking" in French and fluency of expression. Trial lesson free. For particulars address Professor Etienne Lambert, 21 Worcester street, Boston...
Question: "Resolved, That American Free Coinage would sensibly increase the price of silver and prevent repudiation...