From:
Sir John Herschel
To:
Richard Jones
Date:
1 January [1851]
Source of text:
TxU:H/L-0208; Reel 1054
Summary:
RJ's letter to William Whewell helped JH understand why public panic creates pressure for more money. Asks for RJ's opinion about concurrent circulation of gold and silver. Gives example of this 'compound tender' or 'binary standard' that haunts JH.
Contributor:
John Herschel Project