Word info Synonyms

bimetallism

Noun

Meaning

The legalized use of two metals (as gold and silver) in the currency of a country, at a fixed relative value; -- in opposition to monometallism.

Source: Webster's dictionary

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Examples

Both men had electoral problems: Bland at age 61 was seen by some as a man whose time had passed; Boies was a former Republican who had once decried bimetallism. Source: Internet

In the final days before the convention, McKinley decided, after hearing from politicians and businessmen, that the platform should endorse the gold standard, though it should allow for bimetallism by international agreement. Source: Internet

In the address, Bryan supported bimetallism or " free silver ", which he believed would bring the nation prosperity. Source: Internet

Many Americans, however, believed that bimetallism (making both gold and silver legal tender ) was necessary for the nation's economic health. Source: Internet

Silver producers complained, and many Americans came to believe that only through bimetallism could the nation achieve and maintain prosperity. Source: Internet

This act helped restore bimetallism with gold and silver both supporting the currency. Source: Internet

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