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  • When holders of paper cannot demand coin to be converted into bullion, and when there is none left in circulation, bullion rises and falls in price like other things; and if it is above the Mint price, if an ounce of gold, which would be coined into the equivalent of 3l. 17s. 10??d., is sold for 4l. or 5l. in paper, the value of the currency has sunk just that much below what the value of a metall
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