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The Theory of Bimetallism and the Effects of the Partial Demonetisation of Silver on England and India (Classic Reprint)
By:D. Barbour
Published on 2017-10-18 by Forgotten Books

Excerpt from The Theory of Bimetallism and the Effects of the Partial Demonetisation of Silver on England and India When France maintained the bimetallic sys tem, there was no law in the French Code which prevented the holder of either gold or silver from selling it in the open market for what it would fetch. An examination of the economic facts of the last twelve years leads to the conclusion that there would in any case have been a fall in prices after 1873, due to increased population, increased wealth, increased trade, and increased production of commodities but that this fall in prices has been aggravated in countries using the gold standard, and checked, or altogether obviated, in countries using the silver standard by the partial demonetisation of silver. 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.

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