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Last edited by Open Library Bot
April 14, 2010 | History
A book on the consequences of removing silver as a monetary metal and adopting gold as the only monetary metal. Prior to 'The Crime of 1873' gold and silver was freely coined into coins of fixed value by the Mint according to their weight with (roughly) an ounce of silver being defined as a Dollar. Gold price was essentially stable at $15.98 per ounce. The demonetization of silver led to a halving in the price of silver and widespread hardship and poverty because roughly half of the money in the USA were no longer good for paying debts, taxes and interest.
Publish Date
1894
Publisher
Coin Pub. Co.
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Previews available in: English
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- Created April 1, 2008
- 3 revisions
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April 14, 2010 | Edited by Open Library Bot | Linked existing covers to the edition. |
October 20, 2009 | Edited by WorkBot | add edition to work page |
April 1, 2008 | Created by an anonymous user | Imported from Internet Archive item record |