On the Probable Fall in the Value of Gold

On the Probable Fall in the Value of Gold – Michel Chevalier

The accomplished author of this treatise has been known as one of the most earnest writers in favour of free trade, and as the champion of every cause which tends to promote the progress of an elevated civilisation, and the best interests of humanity. He has qualified himself for this task by a long and laborious study of the currency question, having given to the world some essays on money and the precious metals, which are recognised as standard works, and invest his name with an authority on such subjects, hardly second to that of Humboldt himself. In the pages of this book will be found almost every fact and argument necessary for the formation of an opinion on one of the most important problems of our day, and they are presented with all the care and conscientiousness for which the writer is so distinguished.

On the Probable Fall in the Value of Gold

On the Probable Fall in the Value of Gold

Format: Paperback.

On the Probable Fall in the Value of Gold.

ISBN: 9783849676650.

Available at amazon.com and other venues.

 

Biography of Michel Chevalier (from Wikipedia):

Born in Limoges, Haute-Vienne, Chevalier studied at the École Polytechnique, obtaining an engineering degree at the Paris École des mines in 1829.

In 1830, after the July Revolution, he became a Saint-Simonian, and edited their paper Le Globe. The paper was banned in 1832, when the “Simonian sect” was found to be prejudicial to the social order, and Chevalier, as its editor, was sentenced to six months imprisonment.

After his release, Minister of the Interior Adolphe Thiers sent him in 1834 on a mission to the United States and Mexico, to observe the state of industrial and financial affairs in the Americas. In the United States, Chevalier visited different parts of the country studying American society, its manners and political, social, and economic institutions. He made some keen observations along the way that were published in France by the Journal des débats producing at the time “an immense effect”. In Mexico he exchanged ideas with the mineralogist and politician Andrés Manuel del Río. It was during this trip that he also developed the idea that the Spanish-speaking and Portuguese-speaking parts of the Americas shared a cultural or racial affinity with all the European peoples with a Romance culture. Chevalier postulated that this part of the Americas were inhabited by people of a “Latin race,” which could be a natural ally of “Latin Europe” in its struggle with “Teutonic Europe,” “Anglo-Saxon America” and “Slavic Europe.” The idea was later taken up by French and Latin American intellectuals and political leaders of the mid and late nineteenth century, who no longer looked to Spain or Portugal as cultural models, but rather to France, and who coined the term “Latin America.”

In 1837, he wrote a well received work, Des intérèts matériels en France, after which his career took off. At age 35, he was appointed professor of political economy at the Collège de France.

In 1839, letters that he sent to France during his mission to North America were translated and edited by Thomas Gamaliel Bradford and published in the United States as, Society, manners and politics in the United States; being a series of letters on North America. Orestes Brownson reviewed the book and wrote that, “The work itself is highly important and interesting, and is well worth the perusal and even the study of every American citizen.”

Chevalier was an early member of the Société d’économie politique organized in 1842 by Pellegrino Rossi.[8] He was elected a député for the département of Aveyron in 1845, an appointment of Senator followed in 1860. In 1859, he was elected a foreign member of the Royal Swedish Academy of Sciences. Together with Richard Cobden and John Bright he prepared the free trade agreement of 1860 between the United Kingdom and France, which is still called the Cobden-Chevalier Treaty.

He died in Lodève.

 

(The text of the last section was taken from a Wikipedia entry and is available under the Creative Commons Attribution-ShareAlike License.)

 

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