Harding and Disraeli
Hoover and Roosevelt
Mellon and Kellog
Strong and Norman
It allows international inflation on the global gold stock.
The growth of the money supply is limited to the rate that gold is mined.
The growth of the economy is limited to the rate that gold is mined.
It posseses no fundamental store of value.
It would cause inflation in India.
It would cause inflation in other countries.
It would cause deflation in other countries.
They feared Indians would hoard the gold.