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Monthly Consular and Trade Reports Volume 30, Nos. 105-107

Monthly Consular and Trade Reports Volume 30, Nos. 105-107


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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1889 Excerpt: ...a silver circulation. The House believes that this disparity of values has been caused, principally, by the abandonment of the double standard by certain European countries wherein it had been maintained prior to 1S73. It sees with regret the long crisis to which agriculture and industry have been exposed, and to which these monetary perturbations have largely contributed. It also engages Her Majesty's iovernment to consult the principal commercial nations, such as Germany and the United States, and the countries of the Latin Union in view of a conference t which may be charged to examine whether there is not good reason to re-establish, and to what point can be re-established, the double monetary standard in deference to the interests of all concerned. Lord Dufferin states that the low and fluctuating value of silver is disastrous to the treasury of India, and declares himself in favor of immediate remonetization, while Mr. Samuel Smith, a well-known English economist, even goes so far as to attribute to demonetization and its economic consequences a large influence in the agrarian troubles of Ireland, the discontent of that country, the protectionist reaction of continental Europe, and the spread of socialism and other disorders incident to poverty and enforced idleness. The expressions which one hears frequently among practical business men are not less pronounced and conclusive in respect to the main question of remonetization. Said one of these, recently, in conversation with the writer: It is useless to cling longer to our ideals. I am by education and conviction a monometallist and free-trader. A single uniform gold standard and an absolutely free exchange of products between all commercial nations would be, in my judgment, the best and natural condi...


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Product Details
  • ISBN-13: 9781130961430
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 350
  • Spine Width: 19 mm
  • Width: 189 mm
  • ISBN-10: 1130961435
  • Publisher Date: 01 Mar 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 626 gr


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Monthly Consular and Trade Reports Volume 30, Nos. 105-107
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