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Remarks on the production of the precious metals / and on the demonetization of gold in several countries in Europe cover

Remarks on the production of the precious metals / and on the demonetization of gold in several countries in Europe

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About This Book

The essay examines mid-19th-century increases in gold production across regions such as the Urals and Altai, California, and Australia, and traces how enlarged supply altered the market relation between gold and silver. It surveys government reactions—demonetization, legal ratios, and export restrictions—and documents coinage practices, exchange movements, and price effects, arguing that shifts in mining output and policy can disturb monetary equilibrium and purchasing power. Practical tables of weights, measures, and foreign rates accompany empirical observations to inform commercial judgment and public policy responses.

About the Author

Faucher, Léon portrait

Léon Faucher

Léon Faucher was a French economist and writer known for his analytical approach to monetary issues in the 19th century. His notable work, "Remarks on the Production of the Precious Metals and on the Demonetization of Gold in Several Countries in Europe," explores the dynamics of precious metal production and its implications for currency and trade. Faucher's insights contributed to the discourse on monetary policy during a period of significant economic change in Europe, reflecting his engagement with the complexities of economic theory and practice.

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