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The single standard that sustains our money values
Ex Senator George F Edmunds argues against free silver coinage urging that history and law support a single gold or silver standard. He cites Jefferson Madison and Hamilton, tracing mint ratios from 1792 to 1893 and warning that a 16 to 1 silver standard would wreck markets, cause vast profits for miners, and destabilize the economy.
MENTIONED IN THIS ARTICLE
George F. Edmunds
Barwyn
Chester
Vermont
United States
Republican Party
Democratic Party
Republic
Chicago
States of the Union
Congress
Constitution
Washington
Hamilton
Jefferson
Madison
Spain
England
France
George Washington
Thomas Jefferson
Alexander Hamilton
Jones
Nevada
Italy
James Madison
Robert Patterson
Department OF State
Bank of the United States
Sam
Russia
China
Japan
Mexico
Hisory
Treasury
Bryan
New York