Note 57 — Chapter I
Reading edition
In theory Holland had adopted bimetallism in 1816. But the legal ratio of 15·873 to 1 had undervalued silver so much that it had made gold the chief circulating medium of Holland.
Reading edition
In theory Holland had adopted bimetallism in 1816. But the legal ratio of 15·873 to 1 had undervalued silver so much that it had made gold the chief circulating medium of Holland.