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The E-Sylum:  Volume 4, Number 5, January 28, 2001, Article 11

INTERNATIONAL MONETARY CONFERENCE BOOK 

   Andy Lustig writes: "This book just came to my attention; 
   it is of special interest to collectors of patterns, as a number 
   of international issues were considered during this time period." 

   Steven P. Reti,  "Silver and Gold: The Political Economy of 
   International Monetary Conferences, 1867-1892". Westport, 
   CT:  Greenwood Press, 1998. x + 214 pp. $59.95 (cloth), 
   ISBN: 0-313-30409-2. 

   "For a more thorough review, go to 
      http://www.eh.net/bookreviews/library/0225.shtml. 
   For more info on the international patterns, go to 
      http://uspatterns.com/uspatterns/patforincoin.html." 

   From the review listed above: "The book is an interesting account 
   of the international monetary conferences of 1867, 1878, 1881, 
   and 1892, and is recommended to anyone who wishes to become 
   informed of diplomatic efforts to resist the dominant market and 
   political forces reflected in the above data. The first conference, 
   of representatives of twenty leading commercial nations, convened 
   in Paris at the invitation of Emperor Louis Napoleon and agreed 
   to recommend to their governments formal negotiations toward a 
   common gold coinage. 

   The Conference of 1867 "marked the pinnacle of success for 
   international coinage advocates" (p. 45), but its recommendations 
   received little support at home. Governments were reluctant to 
   be seen to tinker with the contents of their coins, and significant 
   bimetallic sentiment of the silver interests undermined support for 
   a universal gold coinage. 

   The other three conferences were convened at the invitation of 
   United States government under pressure from domestic silver 
   interests to arrest the decline of silver, primarily by adopting a 
   bimetallic standard with a fixed silver/gold ratio that greatly 
   overvalued the former." 

   Andy notes that "the best price on the web" seems to be 
   $43.76 (plus postage) from:   Gull's Nest Books, 23535 
   NW Cornell Road, Hillsboro, Oregon 97124 USA. 
   Ph: 503-288-5942. E-mail: abeorders@gullsnestbooks.com 
   Be sure to confirm availabilty and postage costs with the 
   seller before ordering. 

  Wayne Homren, Editor

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