The Silversnake: A Temptation |
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100 pennies 100 per cent 16 ounces 30 half 31 half ounces 50 cents adopted American amount of gold amount of silver bankers bimetallism borrowed bullion bushels buy silver cents an ounce circulation coin silver coinage of silver Congress debts demonetization of silver depositors deposits dollar's worth double England enlightened nations fall in value free and unlimited free coinage free silver gold and silver gold basis gold dollar gold standard grains of gold grains of silver Gresham law increase labor legal tender market ratio ment metal million mints monometal ounce of gold ounces of silver payment pound price of silver price of wheat profit ratio of 16 Rockford silver at 16 silver coins silver dollar silver fell silver mining silver monometallism silver standard sixteen ounces thing Uncle Uncle Sam United United States mint unlimited coinage vote weight for weight wheat worth 32 worth of silver
Popular passages
Page 3 - We are unalterably opposed to every measure calculated to debase our currency or impair the credit of our country. We are therefore opposed to the free coinage of silver, except by international agreement with the leading commercial nations of the earth, which we pledge ourselves to promote; and until such agreement can be obtained the existing gold standard must be maintained.
Page 3 - We demand the free and unlimited coinage of both gold and silver at the present legal ratio of sixteen to one, without waiting for the aid or consent of any other nation.
Page 3 - Impair the credit of our country. We are therefore opposed to the free coinage of silver except by International agreement with the leading commercial nations of the world, which we pledge, ourselves to promote; and until such agreement can be obtained the existing gold standard must be preserved. All our silver and paper currency must be maintained at parity with gold, and we favor all measures designed to maintain Inviolably the obligations of the United States and all our money, whether coin or...
Page 20 - It is evident that if the opportunity for the free and unlimited coinage of silver at the ratio of 16 to 1 had still existed, there would have been another sudden change in the actual monetary standard.
Page 3 - Silver. coinage of both gold and silver at the present legal ratio of 16 to 1 without waiting- for the aid or consent of any other nation. We demand that the standard silver dollar shall be full legal tender, equally with gold, for all debts, public and private, and we favor such legislation as will prevent for the future the demonetization of any kind of legal tender money by private contract.
Page 57 - that which passes freely from hand to hand throughout the community in final discharge of debts and full payment for commodities, being accepted equally without reference to the character or credit of the person who offers it and without the intention of the person who receives it to consume it or apply it to any other use than in turn to tender it to others in discharge of debts or payment for commodities.
Page 57 - The silver interests began in that year a propaganda to restore the free coinage of silver at the ratio of 16 to 1...
Page 9 - to coin money and to regulate the value thereof" and prohibited the States from coining money, emitting bills of credit, or making anything but gold and silver coin a tender in payment of debts, supposed they had protected the people against the evils of an excessive and irredeemable paper currency. They are not...
Page 12 - ... the metal that is overvalued at the mint will go to the mint and stay in circulation as money, and the one that is undervalued at the mint will retire from circulation.
Page 17 - Cleveland's policies all along the line and advocated the unlimited coinage of silver at the ratio of 16 ounces of silver to one ounce of gold.