APPENDIX. 



623 



account, even though, as in India, United States, the Latin Union and else 



where, it continues to circulate as full legal tender money. The principal 



dates in connection with the demonetization of silver are as follows: — 



1816. England adopted gold standard. 



1849. Brazil adopted gold standard. 



1854. Portugal adopted gold standard. 



1867. First International Monetary Conference in Paris. 



1871. Germany adopted gold standard. In effect 1873. 



1872. Netherlands suspended coinage of silver per private account. 



1873. United States adopted gold standard. 



Suspension of silver coinage for private account in France, Belgium, and 

 Holland. 



Denmark, Sweden, and Norway (Scandinavian Union) adopted gold 

 standard. 



Suspension of coinage of silver for private account in Italy and the 

 Dutch colonies. 



Finland adopted gold standard. 



Remonetization of silver by the United States and provision for the pur- 

 chase and coinage into silver dollars of silver to the value, at market 

 price, of not less than |2,000,000 and not more than $4,000,000 

 per month. Coinage of silver for private account prohibited. 

 (Bland-Allison Act.) 



Second International Monetary Conference at Paris. 



Third International Monetary Conference at Paris. 



Russia suspended coinage of silver for private account. 



United States Congress repeals act of 1878, and directs the purchase of 

 4,500,000 fine ounces of silver per month to be coined at the rate of 

 2,000,000 ounces per month until July 1, 1891, and thereafter as 

 might be required. 



1892. Austro-Hungary adopted gold standard. 



1893. India suspends coinage of silver for private account, and the United 



States repeals purchasing clause of the act of 1890. 

 1895. Chili adopted gold standard. 

 .1896. Costa Rica adopted gold standard. 

 .1897. Japan and Russia adopted gold standard. 



Peru suspended coinage of silver for private account. 



1875. 



1877. 

 1878. 



1881. 

 1885. 

 1890. 



PURCHASES OF SILVER UNDER THE ACT OF JULY 14, 1890. 



Beginning Aug. 13, 1890. 6 Coinage value less cost. 



