Publisher's Synopsis
Excerpt from Silver, Its True Place in the Circulation: A Lecture Delivered on 6th May, 1892 at the Academy of Sciences Market Street, San Fancisco; Before the Technical Society of the Pacific Coast
In the face of this wonderful bringing forth of silver from the world's wastes, a proposal is brought before the nations that the United States shall coin silver freely for all the world at 50 per cent. More than its market value, that is, that a silver dollar costing 65 cents (see diagram) shall be stamped and passed at 100 cents also that the nations of the earth shall be invited at Chicago to do the same. Mr. S. Dana Horton has even gone farther and has proposed that all the banks in the world shall be forced to use silver at 50 per cent. More than its market value, that is, bankers are to be forced to give 129 cents for 86 cents' worth of silver, or an advance of 43 cents per ounce upon its selling price today. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
