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Horace Boes Outlines Bi metal Plan to Back Currency
Ex Gov Horace Lozes defends a plan to use gold and silver bullion as a redemption base for treasury notes. He argues for a national bi metal system where deposits of bullion yield notes redeemable in bullion or metal at market prices, aiming to remove the need for large gold reserves and expand silver usage. He addresses criticisms, links to Chicago platform, and urges congressional action to implement wide scale monetary reform.
MENTIONED IN THIS ARTICLE
Treasury
Waterloo
Horace Loies
Fox
Congress
United States
Democracy
Chicago
Friends of Silver