The Silver Question: Injury to British Trade and Manufactures (Classic Reprint) - Hardcover

Knaresborough, Henry Meysey Meysey-Thomp

 
9780266167129: The Silver Question: Injury to British Trade and Manufactures (Classic Reprint)

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Excerpt from The Silver Question: Injury to British Trade and Manufactures

Fifteen years ago I had come to the conclusion that if the value of gold, as measured by silver and commodities, were to continue to rise, the inevitable consequence must be the banishment of all our great manufacturing industries from England, to find a home in the silver-using countries of the East and elsewhere.

This theory I and others proclaimed from the housetops, but we found that we might as well have been crying in the wilderness; no one would listen to us. Yet the theory is very simple, and seemed to us quite conclusive.

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