Word: shattered
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Dates: during 1890-1899
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...this would be an attempt to double the value of silver by government fiat. Whatever the ratio, business men would prefer gold to silver, because the former is certainly stable. Business domands certainty as to the future. How could it be shown that some political troubles would not entirely shatter that league, and bring about the worst commercial crisis ever knownn Another fatal objection to the league is that we are the great silver-producing nation of the world. Europe would have gold, the stable metal, but we should have one the maintenance of whose value depended on the faith...