The Collaborative International Dictionary
Monometallism \Mon`o*met"al*lism\, n. [Mono- + metal.] The legalized use of one metal only, as gold, or silver, in the standard currency of a country, or as a standard of money values. See Bimetallism.
Wiktionary
n. The use of only one metal (such as gold or silver) in the standard currency of a country, or as a standard of monetary value.
Usage examples of "monometallism".
I told him that if he were willing, in case the United States, with France and Germany and some of the smaller nations, would establish a common standard for gold and silver, to declare that the step would have the approval of England, and that, although she would maintain the gold standard alone for domestic purposes, she would make a substantial and most important contribution to the success of the joint undertaking, that it would insure the defeat of the project for silver monometallism, from which England, who was so largely our creditor, would suffer, in the beginning almost as much as we would, and perhaps much more, and would avert the panic and confusion in the business of the world, which would be brought about by the success of the project.