If Not Silver, What? by John W. Bookwalter
page 3 of 93 (03%)
page 3 of 93 (03%)
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DEMONETIZATION OF GOLD RELATIVE PRODUCTION OF GOLD AND SILVER IS BIMETALLISM PRACTICABLE? BIMETALLISM ABROAD THE "DUMP" OF SILVER ASIA'S DEMAND FOR THE PRECIOUS METALS IF NOT SILVER, WHAT? OBJECTIONS TO SILVER, AND COMMENTS THEREON. =Silver is too bulky for use in large sums.= That objection is obsolete. We do not now carry coin; we carry its paper representatives, those issued by government being absolutely secured. This combines all the advantage of coin, bank paper, and the proposed fiat money. A silver certificate for $500 weighs less than a gold dollar. In |
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