Economic effects of demonetization on silver and trade
Analyzed Syracuse Herald commentary on demonetization and its impact. Silver’s relative value, import costs, and tariff-like distortions favor silver-using nations and Mexico, hurting American manufacturers. Gold’s rise shifts imports, commerce, and production to silver economies, while U S industry suffers from higher relative prices.
MENTIONED IN THIS ARTICLE
China
India
Japan
United States
Asia
Europe
Mexico
Syracuse Herald
Gouils
Free coinage stance from H F Martine in Chicago Evening Press
Congressman Martine urges silver free coinage with a 16 to 1 ratio as essential to bimetallism. He argues higher ratios threaten silver value, constrain money supply, and widen poverty while elevating gold, urging legal tender for both metals to prevent economic collapse.
MENTIONED IN THIS ARTICLE
Martine
Chicago
H. F. Martine
Chicago Evening Press
United Bate
Ailger
Colnage Rhin
Dimueliaing
Silver and Money: A Path to Prosperity for the Nation
The speaker argues that wealth concentration in money centers harms housing ownership and that restoring silver to a proper place in the monetary system would reduce commercial frictions with silver-using nations, boost exports and foreign trade, and revive industry. He asserts free coinage of silver would restore values, create employment, stabilize credit, and bring lasting prosperity for workers and producers.
MENTIONED IN THIS ARTICLE
New York
America
Mexico
China
Japan
Europe
Senator Pettigrew and silver wing in gold issue debate
An interview with Senator Pettigrew of South Dakota discusses support for Senator Davis of Minnesota and silver currency, warning Republicans that ignoring silver could split the party. The piece includes commentary on West and Northwest states, the House, and monetary policy reflected by bimetalist views and criticism of gold standard advocates.
MENTIONED IN THIS ARTICLE
Bennator Pettigrew Ie
Pettigrew
South Dakota
New York
Senator Davis
Minnesota
Perth
Northwest
House Republican
House of Representatives
West
Raleigh
United States
England
Sawih Dakota
Sherman Shifts Endorsement of Cleveland Sound Money Policy
A critical piece argues that Senate veteran Lyman Sherman aligns with Cleveland’s sound money stance while facing denunciations from Democrats. It asserts both men favor Wall Street interests, favor debt finance over greenbacks, and share similar views on monetary policy, dubbing many supporters “Sherman Democrats.”
MENTIONED IN THIS ARTICLE
Cleveland Sound
Hemet
United States
Ohio
South
Ellver
Sherman
Cleve-land and Cart Inter
Cleveland
Sher- Man
New York
London
Wall Street
Fle
Democratic Party
Tweedledee
Tweedledum
Silver Question Moves Senators in Republican Ranks
Senator Chandler writes to Republicans of Colorado signaling strong backing for restoring silver as money. His ally Gallinger appears aligned, indicating aliver sentiment in New Hampshire. The Maine and Boston Port votes show growing support for free coinage, with 2,400 ballots and about 1,400 favoring it.
MENTIONED IN THIS ARTICLE
New Hampshire
Maine
Boston
Suspension of Poinage Halts Silver Coinage
By presidential directive, coinage of all silver bullion bought under the Sherman act is suspended from November 1. The treasury holds about 137,644,000 ounces of bullion. The New Orleans mint closes and no more silver dollar coinage will occur while Congress acts on currency. The subsidy recoinage fund is exhausted and no further coinage will be made until Congress provides. This effectively shifts outstanding treasury obligations to a gold base.
MENTIONED IN THIS ARTICLE
Vilna
Horatio
Chicago_ Prensa
Treasury
New Orleans
Congress
Trade balance favors India boosts London silver demand
The summary notes India's continued oil trade surplus funds purchases of silver in London and China. It mentions a recent price rise from earlier levels to about 9 25 pence per standard, indicating tighter silver markets and stronger demand driven by India’s trade position.
MENTIONED IN THIS ARTICLE
India
London
China
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