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Updated: May 6, 2025
In this way the great evils were avoided, that are otherwise inevitably associated with the setting up of two precious metals; the severe gold crises as about 600, for instance, when in consequence of the discovery of the Tauriscan gold-seams gold as compared with silver fell at once in Italy about 33 1/3 per cent exercised at least no direct influence on the silver money and retail transactions.
In this way the great evils were avoided, that are otherwise inevitably associated with the setting up of two precious metals; the severe gold crises as about 600, for instance, when in consequence of the discovery of the Tauriscan gold-seams gold as compared with silver fell at once in Italy about 33 1/3 per cent exercised at least no direct influence on the silver money and retail transactions.
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