Colgate Attacks Gold Standard In Wall Street Speech
James B. Colgate argues gold value is set by mint laws and silver should be universal money. He predicts nations could wipe debts in a European war by destroying debt evidence, and notes European hoards and gold reserves undermine U S policy.
MENTIONED IN THIS ARTICLE
James B. Colgate
Wall Street
New York Chamber of Commerce
United States
Call for Reexamining Gold Standard and Bimetallism
The writer argues that high gold prices due to money demand threaten the U S gold reserve under a gold standard. A general European war could raise national expenses dramatically, forcing a break in the system. Maintaining bimetallism now is urged as prudent financial wisdom before the collapse.
MENTIONED IN THIS ARTICLE
United States
Mining in Old Mexico Shows Stable Silver Economy
The piece explains Mexico’s mining sector thriving despite silver price shifts. It asserts peso onza parity with the dollar and notes miners benefit from silver’s value in gold‑standard terms. It mentions that gold content yields higher silver payments and warns of idiomatic health ad copy embedded in the text.
MENTIONED IN THIS ARTICLE
Mexico
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