THEORY OF BIMETALLISM
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The theory that the national, and if possible international, standard of value should be not that of silver only or of gold only, but a mixed standard of gold and silver, the relative value of the metals being determined; and this probably being 15½: I, " which has been maintained for nearly the whole of the present century by the French bimetallic arrangement " (Nineteenth Century, June, 1881).
By Henry Percy Smith
