Chevalier took up the task of convincing the nations that gold should be demonetized as too cheap for a currency, and of course the interested classes soon organized for action.
Belgium demonetized all its gold at one sweep, and Russia prohibited the export of silver.
Holland had already demonetizedmost of her gold coinage, that is, had deprived it of the legal tender quality, and Portugal now practically prohibited any gold from having current value, except English sovereigns.
The gold thus suddenly demonetized equalled at least twice the annual produce of the world, previous to the discovery of California.
India is no more barbarous now than it was in 1857, when Germany demonetized gold and placed herself "alongside" India.
Had not silver been demonetized that cotton would have brought as good a price to-day as it did in 1873.
What will happen to the civilized world if silver is demonetized and if gold shall then fail?
At the time silver was demonetized it might well have been supposed that a sufficiently large unearned increment had already been realized by the foreign and domestic holders of United States bonds.
The reason for her stolid adherence to the gold standard now is the same for which she originally demonetized silver.
Those who wanted silver demonetized do not want it added to the money volume of the world at any ratio.
In 1857 the German states and Austria demonetized gold; and had it not been for the opposition of France, which insisted on retaining the double standard, the movement might have become general on the continent.
This is the act that demonetized the silver dollar, which it did by merely omitting that coin from the enumeration of the coins of the United States.
In 1816 Great Britain demonetized silver, and that wretched old government has had nothing but gold from that day to this as a standard.
Others declared that silver had not fallen so much in price, but that gold, in which it was measured, had risen on account of the fact that silver had been demonetized and gold given a monopoly of the coinage market.
Some men attributed this fall in the price of silver to the fact that Germany had demonetized it in 1871, and that about the same time rich deposits of silver were discovered in the United States.
Can 'resumption' be maintained after the law has placed a premium on coin, and virtually demonetized the paper, by rendering its convertibility compulsory?
All forms of paper money would fall to that standard or below it, and gold would be demonetized and quoted at a premium equal to its value in the markets of the world.
President and you favor the remonetizing of silver, with a view of paying our national debt in a metal so fluctuating as silver has become since the principal nations of Europe have demonetized it.
As to your second question: 'Can resumption be maintained after the law has placed a premium on coin and virtually demonetized the paper, by rendering its convertibility compulsory?
The above list will hopefully give you a few useful examples demonstrating the appropriate usage of "demonetized" in a variety of sentences. We hope that you will now be able to make sentences using this word.
