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Free coinage   Listen
noun
Free coinage  n.  In the fullest sense, the conversion of bullion (of any specified metal) into legal-tender coins for any person who chooses to bring it to the mint; in a modified sense, such coinage when done at a fixed charge proportionate to the cost of the operation.






Collaborative International Dictionary of English 0.48








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"Free coinage" Quotes from Famous Books



... renomination. In 1896 he was unanimously nominated on the first ballot. One circumstance that pointed him out as the logical candidate was the fact that his tariff bill had been replaced by one that proved a complete failure. The most exciting question in the canvass was that of free coinage of silver. Mr. McKinley was on a platform that declared for the gold standard, and his opponent, William J. Bryan, was on one that declared for free and unlimited coinage of silver at the ratio of sixteen to one. Mr. McKinley was elected by a plurality in the popular vote of more than ...
— Great Men and Famous Women. Vol. 4 of 8 • Various

... Among the other Representatives Mr. Lodge was prominent. It was not an uncommon saying at that time that the House was a better arena for the rising politician than the Senate. In addition to the higher tariff the country apparently wanted more silver and a determined struggle was made for the free coinage of silver which nearly won in Congress. In the end, however, a compromise was effected by Senator Sherman which averted free silver but committed the country to the purchase annually of an enormous amount of silver bullion against ...
— Historical Essays • James Ford Rhodes



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