On the money question the party has not always been united, though for the most part it has opposed the single gold standard and favored a bimetallic standard coupled with the free coinage of silver as well as of gold.
Prior to 1873, the same policy was followed in regard to silver, thus maintaining in theory at least a bimetallic or double standard.
He told me in 1896 that he held the political and other practical objections to an attempt to establish a bimetallic system to be virtually insuperable.
The system was bimetallic in both cases--in the first case, legally by recognition and as resting on the royal jurisdiction; in the second case, legally by direct legislative or parliamentary enactment.
In addition to this--and quite as demonstrably--there was no conception of a theory of bimetallism in 1803, nor any conception of a bimetallic function to be performed for the good of the human race by bimetallic France.
In these, its chief points or characteristics, it formed the exact model for the later Act of Republican France, which is ignorantly looked upon as having created the bimetallic system.
Should the Act of 1873 be maintained, or should a return be made to the bimetallic system which had prevailed before then?
The importations of silver have gone hand in hand with a net importation, not exportation, of gold, with no traceable evidence of bimetallic action.
The close of the conference was, however, followed by a strong bimetallic agitation in England and Germany, which found united expression in the Bimetallic Congress at Cologne in October 1882.
They do not witness the oscillation in the coinage, and the commercial disaster due to the action of bimetallic law.
She attracted it by the action of bimetallic law from her neighbour Germany, and replaced it by 5-franc silver mintings.
From 1815 England has been withdrawn from this action of a bimetallic law, and the modern insular pamphleteer has before his eyes no sign of its workings in his own country.
International bimetallic commissioners were sent to the foreign countries to procure this great international agreement, and did they get it?
He was a bimetallic star, and was giving her whole pamphletsful of information.
In the transition from a gold to a bimetallic currency, we should get rapidly rising prices; after the change had been completed, we should have a currency expanding as before at the one per cent rate.
In 1662 Hooke had proposed the use of a bimetallicpendulum for the temperature compensation of clocks.
Some systems used a bimetallic thermometer in the sun and a mercurial instrument in the shade.
The bimetallic system of maintaining all forms of money at par with gold will probably soon be fully established.
It had been the careful study of statesmen for many years to secure a bimetallic currency not subject to the changes of market value, and so adjusted that both kinds could be kept in circulation together, not alternating with each other.
In November 1881, under the Presidency of General Roca, Senor Romero being Minister of Finance, a law was promulgated establishing a bimetallic standard in the Argentine.
Inside the incubation chamber, and situated against its left-hand wall, is a U-shaped bimetallic thermostat of the Roux design, described below.
The heat-regulating apparatus is a bimetallic thermostat.
It is governed by a bimetallic thermostat of the Roux type.
The flame of the burners is regulated by a bimetallic thermostat.
In Roux's apparatus, made by Lequeux, the make and break is attained by the movement of one limb of a bimetallic thermostat, and in some forms a resistance coil and rheostat are placed in the circuit.
The bimetallic thermostat most commonly employed is one of the two forms designed by Dr Roux.
Should the temperature in the incubator drawer rise, the bimetallic thermostat (R) opens out its coil and pulls down the vertical rod.
The "mono" is the essence of Mr. Lepper's scheme; the bimetallic part of it is sophism and green cheese.
It is thus that Mr. Lepper creates a bimetallic system of money.
Gold certificates and greenbacks must, of course, be redeemed as their special contract requires, but, once redeemed, they must reissue in the new bimetallic notes which I have described.
Our gold reserve would therefore cease to be indispensable to the preservation of our national credit just as soon as the greenbacks and gold certificates were converted into the bimetallic notes or cancelled.
If any nation under heaven proposes to discriminate against the United States of America because of our bimetallic standard of money, let that nation try it!
You will be furnished with the proceedings of the Bimetallic Conference held during the summer at the city of Paris.
The patents cover means of eliminating springs of any sort from the mechanism, so that the hand or dial pointer is entirely under the influence of the fused bimetallic thermal strips.
This had a cut bimetallicbalance and higher finish.
It will appear from the foregoing statements that, under the bimetallic system, the value of money will be liable to vary more frequently than under the monometallic system.
By the force of the bimetallic law, the substitution of the cheapened for the dearer metal will at once begin; and so long as that continues, the divergence of the market ratio from the mint ratio can never be wide.
The length of time during which the drain of the dearer metal can be sustained without exhaustion will (given the rate of movement) depend solely on the stock of that metal existing in the bimetallic States jointly when the drain begins.
This operation of the bimetallicsystem can not be denied; but there is ground for dispute as to the degree of the advantages to result, and as to the cost at which those advantages are to be obtained.
On the other hand, every silver State that adopts the "double standard" strengthens the bimetallic system in the case of a cheapening of gold.
In this case, without the bimetallic system, the value of A would tend to fall rapidly through a considerable space, while the value of B would stand fast.
How far a bimetallic country loses by the alternation of the metals in circulation, as now one and now the other becomes the cheaper at the coinage ratio, is a nice question.
But there is no assurance that the cost of the bimetallic system will be thus equitably assessed.
On the other hand, the variations under the bimetallic system are likely to be less extensive.
Illustration: The above diagram shows the relative annual production of gold and silver during the bimetallic period in France.
Illustration: The above diagram shows the course of the commercial ratio of the values of gold and silver during the bimetallic period of France.
She has, during her bimetallic period, become the second colonial power of the world, and has acquired foreign territory at such a rate as to excite the jealousy of England.
The bimetallic sentiment in England is not confined to the mere theorist and doctrinaire or statesman, but is advocated by some of the ablest journalists in the kingdom.
Still another object of the bimetallic movement was to aid the silver miners and silver-producing districts by creating a larger market for silver.
The circumstances that have led to the prominence of the bimetallic question and the principal events that have marked the course of the movement form the subject of this article.
The silver issue was withdrawn from the democratic platform in 1904, and the bimetallic movement died out in England.
Gibbs), A Colloquy on Currency (1900); and the numerous pamphlets and leaflets of the Bimetallic League.
Though an adjournment to the following year was resolved on, the conference did not reassemble, and the bimetallic movement took the form of agitation, carried on in each country.
On the bimetallic side, Nicholson, Money and Monetary Problems (6th ed.
Six members supported the existing gold standard and six were in favour of the bimetallic system.
The same causes have diminished the desire for a bimetallic standard, and make the difficulty of establishing a parity between silver and gold, for the present, almost insuperable.
But I thought we ought also to declare our willingness, if the great commercial nations of the earth would agree, to establish a bimetallic system on a ratio to be agreed upon.
A Commission was sent abroad by President McKinley, in pursuance of the pledge of the Republican National platform, to endeavor to effect an arrangement with the leading European nations for an international bimetallic standard.
An international bimetallic system, binding nations to each other for a definite term of years, is a proposition involving large responsibilities.
If, in 1876, I had anticipated the immense increase in the product of silver, I might have hesitated, but in the view that I was then able to command I had great confidence that a bimetallic arrangement might be secured.
Twice in our earlier history our lawmakers, in attempting to establish a bimetallic currency, undertook free coinage upon a ratio which accidentally varied from the actual relative values of the two metals not more than 3 per cent.
No approach to a bimetallic currency of uniform and fixed value can be possible, as it appears to me, without the co-operation of the leading commercial nations.
He does not quibble as to the most important point in the bimetallic controversy.
The above list will hopefully give you a few useful examples demonstrating the appropriate usage of "bimetallic" in a variety of sentences. We hope that you will now be able to make sentences using this word.
