Battles for the Standard: Bimetallism and the Spread of the Gold Standard in the Nineteenth CenturyThis is a history of the monetary developments in the international economy of the 19th century. It reviews the monetary developments in the core economies of the period: Britain, the United States, France, Germany, and also India. Particular attention is given to the expansion of the gold standard in the context of the intense national and international debates about the role of precious metals and the author also examines the conflict between supporters of gold, silver and bimetallism, both in terms of competing financial and economic theories and in terms of the varying social and cultural backgrounds that informed them. The main thrust of the work is that the sheer plurality of ideas and contexts helped to ensure the eventual victory of the gold standard, despite the inherent superiority of bimetallic systems. |
Contents
Britains golden heritage | 20 |
France bimetallism and standardization | 40 |
India and the silver rupee | 65 |
Copyright | |
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Battles for the Standard: Bimetallism and the Spread of the Gold Standard in ... Ted Wilson No preview available - 2017 |
Common terms and phrases
Ambirijan American argued Bank of England bimetal bimetallic standard bimetallic system Bordo and Rockoff Boulton Britain British bullion cause Cecco circulation Committee commodity money commodity standard Comstock Lode cotton countries demonetization depreciation depression dual standard economic history economists effect especially Europe European exchange rate export fact factors fall of silver favour Fetter and Gregory France Friedman full-bodied Gallarotti Germany gold and silver gold coins gold discoveries gold monometallism gold standard gold-bugs greenback Gresham's Law historians ibid important India Indian currency Indian government industrial interest international bimetallism issue Keynes Lancashire late nineteenth century Latin Monetary Union Latin Union London market ratio matter mints modern monetary history monetary metal monetary system monometallic nations nineteenth century period political populists precious metals price of silver problems produced reason Redish Revolution rupee silver coins silver standard silverites stability supply tion token coin token coinage United Walker