Banke i finansijske institucije su se opirale srebru kao podloga moneti. Oni nisu imali kontrolu nad rudnicima i proizvodnjom srebra na zapadu tako da bez te kontrole nisu mogli da imaju potpunu kontrolu nad monetom.
Bankers and financial institutions tended to oppose silver as part of the backing of the currency, they didn't have control over the mining and production of silver in the west, and without that control they couldn't have the overall control they liked over the currency.