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Excerpt from Elementary Facts Bearing on the Silver Question: With Suggestions as to Their Present Significance; 1896 The single gold standard refers to that monetary sys tem in which gold alone 15 the standard, and all paper or other currency rests upon the gold volume alone. Eng land and Germany are, at th1s time. Illustrations of coun tries having the single gold standard. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Includes its Report, 1896-19 .
Excerpt from Elementary Facts Bearing on the Silver Question: With Suggestions as to Their Present Significance The Constitution of the United States provides that Congress shall have power To coin money, regulate the value thereof, and of foreign coin. (art. I., Sec. 8, paragraph It also pro vides that no State shall coin money or make anything but gold and silver coin a tender in pay ment of debts. (art. I., Sec. 10, paragraph I.) Under the authority given by the Constitution, the act establishing the United States Mint was passed, and was approved April 2, 1792. It pro vides that the ratio of silver and gold shall be 15 to I, and that any person may bring either gold or silver bullion to the mint to be coined, and that it shall be coined free of expense, and that all gold and silver coins struck at the mint shall be lawful tender in all payments whatsoever (i U. S. Stat. At Large, p. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.