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From: Webster's Revised Unabridged Dictionary (1913)

 Free silver. The free coinage of silver; often, specif., the free coinage of silver at a fixed ratio with gold, as at the ratio of 16 to 1, which ratio for some time represented nearly or exactly the ratio of the market values of gold and silver respectively.
  -- Free*soil*er n. [U.S.] -- Free-soil*ism n. [U.S.]