The rise in the price of gold-exchange in the silver-using countries (notably India) meant also an increase in their burden of taxation.

These countries collected their revenues in silver, but they had to pay their debts, principal and interest, in gold.

Another object of this movement was to prevent the burden of individual debts from increasing by reason of the rise in the value of the single standard, gold.

It was, indeed, hoped that by bringing silver much more into use, the value of gold would be reduced, thus bringing relief to the debtor classes.

Still another object of the bimetallic movement was to aid the silver miners and silver-producing districts by creating a larger market for silver.
Several international conferences were held which were taken part in by some of the leading financiers of the world representing their respective governments.