Final answer:
Monetary reformists hoped to accomplish several goals with their plea for free silver. These included increasing the money supply, creating a flexible exchange rate, and ensuring a sufficient amount of currency in circulation.
Step-by-step explanation:
The monetary reformists hoped to accomplish several goals with their plea for free silver. Firstly, they wanted to increase the money supply in circulation, which would make it easier for people to obtain loans and provide relief for indebted farmers. Secondly, they sought to create a flexible exchange rate by backing US currency with both gold and silver, eliminating speculation and the need to redeem currency for a specific metal. Lastly, they aimed to ensure that a sufficient amount of currency backed by silver was in circulation to maintain a minimum of $50 per capita.