This text reviews the monetary developments in the core economics of the 19th century: Britain; the United States; France; Germany; and India. Attention is given to the expansion of the gold standard in the context of intense national and international debates about the role of precious metals. The book 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 text of the work covers the ideas and contexts that helped to ensure the eventual victory of the gold standard, despite the inherent superiority of bimetallic systems.
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