Word: taussigs
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Best general references: F. W. Taussig, The Silver Situation in the U. S., part II. Robert Giffen, The Case Against Bimetallism. J. L. Laughlin, Quarterly Journal of Economics...
...gold supply is amply sufficient. (a) The output is not declining. Taussig, Pop. Sci. Mo., Sept. '93, p. 582. (b) The use of credit is increasing. Laughlin, Q. J. E., Vol. I, pp. 325-326. (c) Debtors are not burdened. Goschen, Q. J. E., V. I, pp. 329-337. (d) Money wages are rising though prices are falling. Taussig, Silver Situation...
...alternatives are impracticable. (a) The single silver standard is admittedly bad. (b) The multiple standard is difficult of attainment. Taussig, Silver Situation, p. 125. (c) Under national bimetallism the nation cannot be maintained. Laughlin, Hist. of Bimetallism, pp. 5-9. (d) International bimetallism is bad, because (1) Agreement cannot be reached. (2) If made, the agreement could not be maintained. R. Giffen, Pol. Sci. Qu., Sept. '93, p. 412. (3) If made and maintained, prices would rise, and injustice would be done to creditors...
Blanchard, right end, Taussig. Daily...
Seminary in Economics. The Economic and Statistical meetings at Chicago. Professor Taussig. University...