Author: Cernuschi, Henri (Enrico)
Title: Bi-Metallism at 15 ½. A Necessity for the Continent, for the United States, for England
Description: London, P.S. King, Parliamentary Bookseller, Publisher, 1881. Wraps. Printed wraps. Cernuschi was an ardent supporter of bimetallism-valuing money on rates based on the price of gold and silver. In this piece, he argues that the ratio between the gold and silver monetary units should be 15 ½. Cernuschi details historical monetary policies, detailing the 15 ½ ratio adopted by France in 1785 and its positive effects, while highlighting early US monetary policies and its effects, in an effort to advocate his ratio. Henri Cernuschi, born in Italy, was an Italian politician, who relocated to France due to his political activities, becoming a banker and advocate of bimetallism (Wikipedia). GOOD condition, slightly ex-library, with a stamp on the upper front cover. No other treatments present. Some soiling and general darkening to the wraps. Minor offsetting, scuffing and wrinkling. Interior clean and solid. Good .

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