Word: lvy
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Dates: during 1891-1891
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...currency is abnormal and dangerous: a. Over $60,000,000 added yearly to the circulation, when only 15 to 20 mil. are needed. Taussig, in Quar. Jour. Econ., Apr. 1890. p. 314, and Forum, Oct. 1890, p. 169. Report of the Sec'y of Treas. 1889, pp. LIV to LVI. b. We are drifting toward a single silver standard while gold is the standard of international trade. c. The whole country is taxed for the benefit of silver miners...
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