Background
Horton was born in Pomeroy, Ohio, in 1844. He came of New England stock, and was the youngest child of Valentine Baxter Horton and Clara Alsop Pomeroy.
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(Excerpt from Silver Pound and England's Monetary Policy S...)
Excerpt from Silver Pound and England's Monetary Policy Since the Restoration: Together With the History of the Guinea It will, I believe, become apparent that by this method, beside obtaining a guarantee for present clearness of discourse, I have succeeded in throwing light upon Opinion and action in the remoter past, and have established a certain order and continuity in the comparison of monetary policy at different periods of history. A salient instance will advise the reader of the importance of this course. The contrast between Single Standard and Double Standard plays the most important part in modern discussion. Here, in fact, is the line of battle along which the opposing forces of Babel-tongued controversy have been arrayed. Nevertheless, the facts which I shall set forth, show that in spite of authority on either side, in spite of decades of conflict and myriad outpourings of thought in print and speech, this antithesis is quite fallacious. Indeed, as I shall show, the English Monetary System was for centuries a Single Standard and a Double Standard. At the same time. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Horton was born in Pomeroy, Ohio, in 1844. He came of New England stock, and was the youngest child of Valentine Baxter Horton and Clara Alsop Pomeroy.
He was educated at the Pomeroy Academy and at a classical school in Cincinnati. He graduated from Harvard University in 1864 and then traveled extensively. Before entering the Harvard Law School in 1866 he won the Bowdoin prize for resident graduates and later received the degree of A. M. in 1867 and LL. B. in 1868. Until 1870 he studied Roman law at the University of Berlin.
He was admitted to the Ohio state bar on January 1, 1871, and remained in active practice until 1885, first in Cincinnati, and then in Pomeroy. In 1873 he wrote three pamphlets advocating proportional representation, but after the Greenback craze of 1875 he devoted himself to the advancement of bimetalism. His first monetary treatise, Silver and Gold in Their Relation to the Problem of Resumption, was published in 1876.
In 1878 he was appointed secretary of the American delegation to the International Monetary Conference at Paris, the American report of which he edited. He was made a delegate to the second Paris Monetary Conference in 1881 and in 1882 and 1889 was sent on official missions to Europe where he spent most of his later years meeting many distinguished men.
To him silver was not an inert substance but something endowed with personal qualities, which had been wrongfully "disinherisoned" and which could be restored to its former importance as a money metal by the formation of an international monetary union. He was an indefatigable but not a popular writer on bimetalism as his style suffered through being too replete with information, while his inclination to use words in an unusual sense often obscured his meaning.
Horton died in Washington, D. C.
(Excerpt from Silver Pound and England's Monetary Policy S...)
( This work has been selected by scholars as being cultur...)
Horton was a large, tall, blond man with artistic tastes and a courteous bearing. He possessed a retentive memory and a remarkable knowledge of ancient and modern languages. Of a very ardent temperament, he threw himself into his chosen crusade with poetic enthusiasm.
On August 28, 1877, he married Blanche Hariot Lydiard, the daughter of a British army officer.