Publisher's Synopsis
The History of Bimetallism in the United States is a book written by James Laurence Laughlin in 1885. It provides a comprehensive account of the use of bimetallism in the United States from the colonial period until the late 19th century. Bimetallism is a monetary system in which two metals, usually gold and silver, are used as legal tender at a fixed rate of exchange. The book covers the debates and controversies surrounding the use of bimetallism in the United States, including the Coinage Act of 1792, the demonetization of silver in 1873, and the Bland-Allison Act of 1878. Laughlin discusses the economic and political factors that influenced the use of bimetallism in the United States, including the role of banks, the gold standard, and the international monetary system. He also explores the impact of bimetallism on the economy, including inflation, deflation, and the value of currency. The History of Bimetallism in the United States is an important historical document that provides insight into the development of monetary policy in the United States. It is a valuable resource for economists, historians, and anyone interested in the history of money and finance.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
