I am convinced that he really believed in his heart that I came round to the Chestnuts three days a week for the pleasure of his company, and very especially to hear his views upon bimetallism
, a subject upon which he was by way of being an authority.
The explanation of the principles of bimetallism
produce, as a rule, a contrary effect.
He was the one intelligent man on twenty unintelligent committees--on every sort of subject, from the reform of the Royal Academy to the project of bimetallism
for Greater Britain.
The proposals in the president's early speeches represented compromises: restoring strong tariffs with a nod to free-trade agreements between the United States and individual nations, a strong gold standard at home, but only within the context of a new international agreement on looser bimetallism
for leading nations.
Clearly though, a wealth of possibilities exists as valuable nuggets from economic history (Washington and Hamilton's mercantilism, John Adams and the building of the American Navy, Jefferson and Louisiana, Jackson and the Second Bank of the United States, Lincoln and the Civil War, Benjamin Harrison and the bureaucracy, McKinley and bimetallism
, Wilson and World War I--the possibilities are practically endless and can be tailored to the professor's period and topic of interest).
Exemplified by ChinaAEs copper coins or otrue money,o copper was the currency of the man in the street, notwithstanding the Qing dynastyAEs system of bimetallism
And though more advanced 19th century governments had ceased to resort to debasement, this did not prevent them from occasionally altering units' metallic content, implied mint prices, and (where bimetallism
prevailed) mint silver to gold ratios.
Frank Baum's original story Dorothy's ruby slippers were actually made of silver in a nod to bimetallism
(Brown, 2012, 17).
in the United States before 1850, 76 J.
It did embody a possibly unwarranted faith in bimetallism
, but from that time forward the country had a unit of account easily understood in domestic and international markets.
In opposition to the proposals advanced by bankers' groups, William Jennings Bryan (D-Nebraska) organized the populist agrarian interests of the Democratic Party and the free-silver western interests into a coalition that challenged the gold standard in favor of bimetallism
He persisted with shifting from bimetallism
to the gold standard even in the midst of the panic, and thought that the most important thing was to "protect sound money" rather than to welcome inflation.