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Updated: May 19, 2025
Thus, if coins of equal face value, but of different bullion value, circulate side by side, there will be a tendency for the possessors of the coins to pass on the currency with the smaller bullion value and to withdraw the others for sale as bullion and for use in the arts. Above, p. 164. Above, pp. 238-240. The law remained in force about three years.
Once entrenched and the organization well in hand, it thought it could look to the future with confidence. Congress ignored the last-named recommendation which would have introduced in the United States the Canadian system of "Compulsory Investigation." See below, 283-287. See below, 238-240. The unions again lost their hold upon the packing industry in the autumn of 1921.
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