5411. MONEY (Metallic) Gold and silver ratio.—[further continued].
There are particular
public papers here [Paris] which collect and
publish with a good deal of accuracy the
facts connected with political arithmetic. In
one of these I have just read the following
table of the proportion between the value of
gold and silver in several countries: Germany
1. to 14 11-71. Spain 1. to 14 3-10. Holland
1. to 14 3-4. England 1. to 15 1-2. France
1. to 14 42-100. Savoy 1. to 14 3-5. Russia
1. to 15. The average is 1. to 14 5-8.—
To James Monroe.
Ford ed., iv, 45.
(P.
1785)
