People's Pilot, Volume 6, Number 15, Rensselaer, Jasper County, 1 October 1896 — Sixteen to One. [ARTICLE]

Sixteen to One.

A gold dollar contains 23.22 grains and a silver dollar 871.25 grains, which shows that a silver dollar weighs 16 times as much as a gold dollar, or there is 16 times as much silver in a silver dollar as there is gold in a gold dollar. This ratio or difference between the two coins is based on the world’s average production of the two metals. The money market, or commercial value of any coin, is as it may be fixed by law in any country or by the custom of trade between different countries.