Note 18 — Chapter III · (continued 2)

Professor Laughlin brings out very strongly that even in such action Hamilton shows no trace of the modern conception of bimetallism, that his report expresses an emphatic preference for gold over silver, and that his object in adopting bimetallism was, while retaining silver, to leave a door open, if possible, for the introduction of gold.—History of Bimetallism in the United States, pp. 13, 14.