Answer: Great Britain. She is the nation to whom the people of all other countries owe most. In other words, the whole world is in debt to Great Britain.
To make this debt harder to pay, Great Britain led the other nations in the world-wide war against Bi-metallism, which means the use of both gold and silver on equal terms.
QUESTION: What is meant by “making the debt harder to pay?”
A debt, contracted when the volume of currency is expanded by the use of both gold and silver as monetary metals on equal terms, becomes harder to pay when the currency is contracted to the use of but one of these metals. A bond, for instance, issued by the Government when the currency is expanded by the use of gold, silver and Greenbacks, is enormously more valuable after the Government has destroyed a thousand million dollars of the Greenbacks and has demonetized silver. Having to be paid THEN in gold, the bondholder gets money very much more valuable than the money he invested in the bond.
Now Great Britain wanted the nations of the earth to pay the debts they owed her in money that was more valuable than the money she loaned. Hence, her war upon Bi-metallism.
QUESTION: But why did other nations help Great Britain demonetize silver and establish the single gold standard?
Answer: Because these other nations were controlled by their High Finance rascals, who wanted to enhance the value of the claims which they held against their own Governments and peoples.
In each of these other nations, were bondholders and money changers who wanted to make money scarce, so that they could control it, and so that the money paid them to satisfy their claims against the Government and the people would be more valuable than that which they had loaned.