NOUN
- a monetary standard under which the basic unit of currency is defined by stated amounts of two metals (usually gold and silver) with values set at a predetermined ratio
How To Use bimetallism In A Sentence
- By this, of course I do not mean bimetallism, with its arbitrarily fixed exchange rate between gold and silver, but freely fluctuating exchange rates between the two moneys.
- Much is made of the collapse of bimetallism and its deleterious implications for countries on a silver standard.
- There was a reason why William Jennings Bryan rallied millions behind his presidential campaign in 1896 when he campaigned against what he saw as the Republican plutocrats with his slogan that “you shall not crucify mankind upon a cross of gold” Although technically a speech for bimetallism, the slogan reverberated though the west, the laboring class, and poor farmers. Failure of Economics and the Market System? « L.E. Modesitt, Jr. – The Official Website
- Any world-currency system short of actual bimetallism or trimetallism requires a breakdown of borders and sovereignty.
- There is going to have to be rather a lot of financial information in there, elucidations of first principles, plausible and sufficient accounts of political wranglings over bimetallism and the Gold Standard.
- There was only a bare possibility that an international agreement always to regard sixteen ounces of silver as worth one ounce of gold might establish the ratio, but to this straw the bimetallist turned, trying to ward off the demand for free silver with his plea for international bimetallism. The New Nation
- Although generally conservative, Walker was capable of intellectual courage: he favored international bimetallism despite adverse attitudes in his home state of Massachusetts and in his profession.
- There was truth in the war-cry of the bimetallists that a ‘crime against silver’ had been committed; but the crime was really the original imposition of bimetallism in lieu of parallel standards.
- Let us turn for a moment and trace the effects of monometallism in England as compared with bimetallism in France during the same period. If Not Silver, What?
- Reading it as a pro-populist metaphor for the economic effect of bimetallism and the expansion of the nation's money supply along with the empowerment of western farmers and industrial laborers seems apparent enough.