मैं 1872-73 की सर्दियों में अमेरिका गया था, मुझे चांदी का मुद्रीकरण खत्म करने (डिमोनेटाइजेशन) वाला विधेयक पास करवाने की जिम्मेदारी सौंपी गई थी। ऐसा करना उन लोगों के हित में था जिनका मैं प्रतिनिधित्व कर रहा था—यानी बैंक ऑफ इंग्लैंड के गवर्नर। 1873 तक आते-आते, सोने के सिक्के ही मुद्रा का एकमात्र रूप रह गए थे।
I went to America in the winter of 1872-73, authorised to secure, if I could, the passage of a bill demonetising silver. It was in the interest of those I represented - the governors of the Bank of England - to have it done. By 1873, gold coins were the only form of coin money.
I went to America in the winter of 1872-73, authorised to secure, if I could, the passage of a bill demonetising silver. It was in the interest of those I represented - the governors of the Bank of England - to have it done. By 1873, gold coins were the only form of coin money.