Cometallism: A Plan for Combining Gold and Silver in Coinage, for Uniting and Blending Their Values in Paper Money, and for Establishing a Composite Single Standard Dollar of Account (Classic Reprint)

A bold, practical plan to blend gold and silver in a single monetary system. This work outlines how coinage, paper money, and accounts could merge the values of the two metals into a composite dollar of account. It proposes concrete steps for moving toward a stable, universal currency built on cometallic principles.

Presented as a clear framework for reform, the book argues that a mutually balanced standard could reduce financial uncertainty and harmonize private and public interests. It covers the theory of pooling functions, the concept of a Dollar of Account, and the role of coin certificates and equal-metal reserves in everyday transactions. The author also explores international implications and transition measures designed to ease adoption.

• How gold and silver might share equal footing in coins, paper money, and accounting units.


• The idea of a Dollar of Account and a cometallic dollar that blends metal values in practice.


• A concrete path for using coin certificates, mixed metal coins, and large-denomination bars in daily commerce.


• Potential international benefits and the steps governments could take to implement the plan.

Ideal for readers interested in monetary reform, coinage history, and proposals that aim to stabilize value through metal-based blended standards.