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Cites several grounds, which clarify that gold can't be accepted as a standard medium of exchange in the modern world. Argument that a gold standard is an arbitrary, but completely effective, method of limiting the amount of currency in circulation; Gold policy of U.S. ex-President Franklin D. Roosevelt; Claim of the U.S. Congress that gold clauses in financial dealings were invalid as contrary to public policy and inconsistent with the new monetary system; Argument pertaining to the fixed supply of gold in the U.S.; Production of gold coins by several countries to tap the amateur market; Use of selling gold by the U.S. government as a way of narrowing the federal budget deficit.

Focuses on the foreign exchange rate policy in the U.S. Introduction of the system of fixed exchange rates; Relation between fundamental values of exchange rates and commodity prices; Information about the system of floating exchange rates; Analysis of monetary freedom and management in international exchange rate system; Benefits of the gold standard in a fixed exchange rate system; Impact of foreign exchange rate on international competitiveness.

Presents information on gold standard in the United States. View that the gold standard will put an end to inflation and all other modern vices; Discussion on situations when governments cheat even when they are on the gold standard; Description on the gold standard of South Africa; Accounts on which, the price of gold goes up; Statement that ethics and making money do not mix.

Discusses the design of a silver coin by stockpilers Herbert Hunt and Bunker Hunt in the U.S. Effort made by Hunts to convince people about their currency plan in the U.S; Criticism of Hunts' currency plan; Description about Hunts' plan pertaining to silver coins; Details of the criteria laid out by Hunts to determine the exchange value of their silver coin.

Reports that led largely by members from Southwestern states, congressional alliance Coin Coalition, has introduced a legislation to mint a gold-colored copper dollar bearing the likeness of Christopher Columbus. Proposal in the legislation for phasing out the paper bill three years after the metallic version debuts; Attachment of the public to the U.S. Treasury's premier piece of paper; View that the American public prefer an all-paper currency system.

Presents letters to the editor referencing articles and topics discussed in previous issues. "A Cross of Paper," published in the January 19 issue; Criticism of the wrong use of French words in the journal; "The League of Frightened Men" by Shirley Hazzard published in the January 19 issue; "Bush by a Hair," by Morton Kondracke published in the January 26 issue; Importance of gold standard and paper money for the U.S. government; Criticism of the visit of United Nations Secretary General Kurt Waldheim to Iran; Information on the Republican candidates for Presidency in the U.S.

Comments on the government of Labour leader Prime Minister Tony Blair in Great Britain. Opinion that the next election between Tories and Labour parties will be close; Issue of abandoning a currency that the nation has used since the Middle Ages for the euro; Speculation that Britain would rather not be part of anti-American Europe.

Comments on fears concerning the status of the U.S. currency in the future. Threat of inflation and the loss of currency value in the U.S.; Comparison with the currencies of other countries; Implications on U.S. monetary policy; Information on a legislation before Congress to replace the dollar bill with a coin and eliminate the penny; Details of a recent General Accounting Office study that concluded, with comic exactitude, that replacing the dollar bill with a coin would save the federal government $318 million a year.