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nydus/The History of Currency, 1252 to 1896Public
Page 246 of 764
Table of Contents

CHAPTER III

and in our own days with American silver for the second time.

With regard to the absolute production—gold shows a rise up to 1760, then a steady decline to 1820, followed by a second rise up to 1840. In the case of silver the decline in the absolute amount was steady from 1600 to 1680, then ensued a steady and strong rise to 1800, followed by an abrupt drop in the second decade of the present century, and then by a strong and steady recovery, commencing from 1830

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