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A Consequence of Technological Change
The Supply of Silver
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acceptable alloys American amount amount of silver appears applications authors backing batteries become bimetallic cause cent chapter Chart circulation close coins Congress consider consumed consumption contacts continue copper cost crisis currency demand difference discussed domestic effect electrical estimated exhausted export fact figures final foreign Free World future gold Government greater growth higher hoarded holdings important increase industrial interest intrinsic involved Italy legislation less market price material meet melting point metal million ounces mines Mint minted monetary needed nickels notes offer operate period placed political possible present price of silver price rise probably problem production profit proposed Purchase ratio recent redemption remained replaced represents requirements Reserve sell shortage silver certificates silver coinage silver dollar silver production situation solution sources speculative standard supply tion transition Treasury silver Treasury stock United