Excerpt from On the Probable Fall in the Value of Gold: The Commercial and Social Consequences Which May Ensue, and the Measures Which It Invites But although government may have no right to inter fere with the past, it ought' not to be so summarily excluded from all interference with the future, at least to an extent necessary to facilitate voluntary contracts involving payments otherwise than in gold. An able writer on the has recommended the establish ment of life assurance companies on the basis of a silver standard. Should a great and rapid depreciation of golcl take place, some such precaution as this, in all contracts extending over a long period of time, may be necessary. It would then be a convenience to have 'the relative values of gold and silver periodically published under the authority of a law, by the Bank of England for instance, computed from the exchanges of the day with those countries, such as Holland and Belgium, where a silver standard exists. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.