Murphy, Joseph John. 'The case for bimetallism'. - Dublin: Journal of the Statistical and Social Inquiry Society of Ireland,Vol. IX Part LXXI, 1890/1891, pp543-562
Journal of The Statistical and Social Inquiry Society of Ireland Vol. IX Part LXXI 1890/1891
The question which this essay is an attempt to answer, may be
thus expressed :—What would be the effect on prices, and on the
financial and industrial interests of the world in general, if the
leading nations of the world were to agree to make both gold and
silver unlimited legal tender at the ratio of value between the two
that prevailed during the seventy years which closed with 1873; —
namely, 15.5 ozs. silver as in France, or 16 ozs. as in the United
States, equal to one oz. of gold;—at the same time opening their
mints to the unlimited and gratuitous coinage of both metals?
The statistical data used in the present attempt to answer this
question, are taken from the "Final Report of the Royal Commission,
appointed to enquire into the recent changes in the relative
values of the precious metals, 1888."
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