No Free Silver Bimetallism

Thefree and unlimited eoinageof silver, when it does not preserve its parity with gold. eannot be acondition iu true bimetallism because iu its efl'ects it is directly autagouistic to the system. Whenever practiced, it always rcsults in monometallism, and gil ver at that Such is the ca.se ïiow iu all silver couiitries, as Mexico and China, and such was the caseiu the Uuited States in the 40 years prior to 1834.