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Pastimes : Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (1670)	8/12/2008 8:14:30 PM
From: c.hinton	Respond to of 3816

we were on the gold standard ...gold was the bed rock of the economy in the minds of all . it was also a sign of economic power and reliability. during the 1870s the huge silver discoveries(ie.comstock) had disembowled the silver standard in continental europe and bi metalic america...gold was the alfa and omega of world financial stability....england for 300 years had maintained a defacto gold standard and ruled the world...... remember the sherman silver purchase act i mentioned earlier....silver had collapsed and silver mine owners were willing to stoop to anything to guarentee their margins .. ps ..see "the cross of gold "speech by william jennings bryan..... and "we are off to see the wizard ...the wonderfull wizard of OZ.and the yellow brick road(maybe).published 1901