Bimetallism

Abstract

I have to apologise for bringing before such a Society as that which I now address a paper which I cannot help feeling deals inadequately with the great question of our future standard of value. To many of you my remarks must appear elementary, and perhaps commonplace; but for what seemed to me good reasons, I have decided to address myself to those who are now turning their attention to the currency question for the first time, rather than to those who have already devoted themselves to the study of monetary problems. I have, therefore, begun at the beginning, and tried to give a brief outline of the questions at issue. If I deal less fully with the subject than its magnitude and importance deserve, you will recognise that there is only a limited time at my disposal, and that I must not trespass too far on your good nature.