Word: nicholson
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Best general references: F. A. Walker, Money, ch. 9-13; E. B. Andrews, in Pol. Science Quarterly, June, 1893; J. S. Nicholson, Money and Monetary Problems, Part...
...Adoption of gold standard impracticable. (a) Gold is scarce. (1) Present supply insufficient. (Barbour, Theory of Bimetallism, p. 10). (2) Annual output small and mined largely with silver. (Walker, pp. 254, 265). (3) Much gold used in arts. (Nicholson, p. (290). (b) Monometallism cannot be universal. (1) Some countries have no gold. (2) It would entail financial loss on othes (Vandenberg in Monetary Conference...
...Bimetallism practicable and desirable. Nicholson, Part II, ch. IV). (a) Ratio of gold and silver determined, not by relative amounts, but by relative demand. (Nicholson, pp. 214-217). (1) International legislation can regulate demand. (Barbour, p. 42). (2) A single country can do this. (Walker, p. 266). (b) Overproduction of silver impossible. (Andrews, pp. 212-215). (c) Bimetallism would give sufficient money...
...Nicholson...
...Nicholson who was to have had charge of Latin B, C, and E, has married and gone to Wesleyan, where he will take the head of a newly founded department of Sanskrit...