论拉丁货币同盟走向崩溃的原因

On the Reason of the Gradual Collapse of the Latin Currency Alliance

拉丁货币同盟是法国、比利时、瑞士、意大利于1865年建立的货币联盟。后来,希腊、德国、北欧的一些国家及美国也参加进来。这一货币联盟曾在19世纪的资本主义世界的金融领域产生了广泛的影响。但是由于拉丁货币联盟没有规定发行货币的共同规则,没有规定保证体系稳定所需要的黄金储备,也没有控制住信用货币的流通。除了外形、重量、货币大小外,拉丁货币联盟没有任何的货币合作机制。这就造成拉丁货币联盟危机频仍,最后终于因第一次世界大战的破坏而于1928年解体。

Latin Currency Alliance had broad effect on financial field of capitalism in 19th century, But the LCA didn＇t make common rules on circulating currency and the gold store which is essential for ensuring the stability of the system and control the distribution of the credit money, Latin Currency Alliance had no any kind of the currency cooperation system beside the appearance, size and weight of the money, This caused the frequent crisis of the LCA. it was dismissed in 1926 finally due to the involvement of the World War I .