Word: silver
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Dates: during 1890-1899
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Resolved. That the present compulsory purchase of silver bullion by the government should be discontinued...
...There is no necessity for a Jouble standard: a. Example of England and Germany. b. Experience of the United Sates up to 1878. c. Single gold standard is best. d. Needful Currency can be supplied otherwise than by the use of silver, e. g., by national bank notes. Laughlin's Bimetalism, ch. X; Jevons, Investigation...
...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...
...present system is a covert attack upon the National Banks: a. Silver certificates replace the national bank notes. which furnish a good currency, easily expansible. b. A proper security could be found to maintain this circulation; e. g., see John J. Knox's proposals, in his interview with the Common Banking and Currency...
Question: "Resolved, That the present compulsory colnage of silver ought to be immediately discontinued...