The Austrian silver standard was to prevail throughout that empire.
Up to this date there had existed, in theory, a silver standard with gold rated to it by each succeeding tariff.
The coinage was prescribed to consist of gold and silver standard pieces, and gold and silver trade pieces.
At the time of the French Revolution, therefore, the silver standard was actually in force.
It follows from this, that the use of the silver standard in Mexico actually depresses the value of silver there.
As all her rates are now based on a silver standard, postage to foreign countries is much cheaper than from them to Japan.
Now, at last, the question of the gold standard or the silver standard was fairly before the voters.
Elect Bryan, come to the silver standard, and what would happen?
To sustain the silver standard would annually cost about one per cent.
This is a trouble-some charge, forever to bristle up in the path-way of a silver standard.