The gold basis must be maintained, and no “wild-cat” bills pass out through the window.
The Straits Settlements have fixed their money on a gold basis at 2s.
The financial transactions of the Government are conducted upon a gold basis.
An advocate of a gold basis snorted derisively that silver could be mined profitably at eighteen cents an ounce.
The obligations of the government have been religiously performed, and Uruguay's currency is on a gold basis.
This, in turn, is ordinarily limited by the desire to return to a gold basis; otherwise it results in financial chaos.
The currency of Mexico is now established on the gold basis.
We can raise two hundred and fifty millions of revenue on the gold basis, and at the same time have a vast reduction in our taxes.
In other words the gold basis of the country's deposit credits amounted to 4.27 percent.
We heard nothing in those days of greenbacks, silver coinage, or a gold basis.