by silver].
"3. That Germany should sell no more silver.
"4. That the Bank of England should put in practice the clause of her charter which allowed her to employ silver as part of the bank reserve."
The conclusions of this congress had, however, no practical influence on the course of policy of either nation.
In the United States a parallel though more interested agitation was conducted, centring round Page 283 the yearly proposed repeal of the compulsory minting clauses of the Bland Bill.
In England the commercial depression, consequent upon falling prices and the dislocation of exchanges with India and the East, ran its full course, and gave fresh ground for activity to the then recently formed Bimetallic League.
In the course of 1886 silver had sunk to 42d. per oz.,