The Money Question: The 50% Fall in General Prices, the Evil Effects; the Remedy, Bimetallism at 16 to 1 and Government Control of Paper Money in Order to Secure a Stable Measure of Prices - Stable Money. Monetary History 1850-1896C.H. Kerr & Company, 1896 - 737 pages |
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Page 7
... trade knowledge of those who handle it , " thus including gold and silver money and paper money but not in- cluding checks on banks , as they require " the receiver to have formed some opinion for himself as to the in- dividual from ...
... trade knowledge of those who handle it , " thus including gold and silver money and paper money but not in- cluding checks on banks , as they require " the receiver to have formed some opinion for himself as to the in- dividual from ...
Page 14
... trade knowledge on the part of those who handle it . Question : Then you do not limit it to either gold or silver , or gold and sil- ver ? Answer ; No ; I include paper money . Question : And not only bank notes , but checks ? Answer ...
... trade knowledge on the part of those who handle it . Question : Then you do not limit it to either gold or silver , or gold and sil- ver ? Answer ; No ; I include paper money . Question : And not only bank notes , but checks ? Answer ...
Page 16
... TRADE . In the countries which use either gold or silver for money and at its bul- lion value ( as gold is used in the United States , England and the European countries ) , the prices of export com- modities are kept on a level in the ...
... TRADE . In the countries which use either gold or silver for money and at its bul- lion value ( as gold is used in the United States , England and the European countries ) , the prices of export com- modities are kept on a level in the ...
Page 17
... trade is paid in the precious metals , thus lessening our volume of money until our prices fall sufficiently for us to keep our proportion of the money metals . The gold and silver sent to settle the balance of trade goes out at its ...
... trade is paid in the precious metals , thus lessening our volume of money until our prices fall sufficiently for us to keep our proportion of the money metals . The gold and silver sent to settle the balance of trade goes out at its ...
Page 21
... discouraging to trade because you have nothing more dis- couraging to enterprises of every sort than the prospect of a continuous fall of prices . " ( 28 10230 , 10257. ) Senator in 1861 , became Chairman of the Senate Committee.
... discouraging to trade because you have nothing more dis- couraging to enterprises of every sort than the prospect of a continuous fall of prices . " ( 28 10230 , 10257. ) Senator in 1861 , became Chairman of the Senate Committee.
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Common terms and phrases
45th Congress advocates amount Appleton's Annual Bank bankers bill bimetal bimetallic laws bimetallic standard bimetallists Blaine bonds cent Chicago Chicago Tribune circulation Cleveland coin coinage of silver Committee Congress convention creditor currency debt delegates demand demonetization effect election England Europe exchange value export fact falling prices February France free coinage free silver Germany gold and silver gold prices gold reserve gold standard greenbacks House increase issue John Sherman labor Latin Union Laughlin legal tender legislation McKinley measure of exchange measure of value metals money question moneyed interests monometallism National nomination panic paper money political President PRICES FIXED prices of commodities production Professor quantity Republican result rising prices says secure Senate silver and gold Silver Commission silver dollar silver money silver purchase law silver standard sophisms speech stable standard countries tariff tion trade Treasury United unlimited coinage value of gold volume of money vote wages York
Popular passages
Page 639 - You come to us and tell us that the great cities are in favor of the gold standard; we reply that the great cities rest upon our broad and fertile prairies. Burn down your cities and leave our farms, and your cities will spring up again as if by magic; but destroy our farms and the grass will grow in the streets of every city in the country.
Page 717 - The disorders and miseries which result, gradually incline the minds of men to seek security and repose in the absolute power of an individual ; and sooner or later, the chief of some prevailing faction, more able or more fortunate than his competitors, turns this disposition to the purposes of his own elevation, on the ruins of public liberty.
Page 717 - Without looking forward to an extremity of this kind, (which nevertheless ought not to be entirely out of sight,) the common and continual mischiefs of the spirit of party are sufficient to make it the interest and duty of a wise people to discourage and restrain it It serves always to distract the Public Councils, and enfeeble the Public Administration.
Page 283 - I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. As a result of the war, corporations have been enthroned and an era of corruption in high places will follow and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands, and the Republic is destroyed.
Page 717 - It serves always to distract the Public Councils, and enfeeble the Public Administration. It agitates the Community with ill-founded jealousies and false alarms; kindles the animosity of one part against another, foments occasionally riot and insurrection.
Page 251 - We hold to the use of both gold and silver as the standard money of the country, and to the coinage of both gold and silver without discriminating against either metal or charge for mintage...
Page 635 - States in time of peace, and condemn the trafficking with banking syndicates, which in exchange for bonds and at an enormous profit to themselves, supply the Federal Treasury with gold to maintain the policy of gold monometallism.
Page 487 - God give us men! A time like this demands Strong minds, great hearts, true faith and ready hands; Men whom the lust of office does not kill; Men whom the spoils of office cannot buy ; Men who possess opinions and a will; Men who have honor ; men who will not lie ; Men who can stand before a demagogue And damn his treacherous flatteries without winking! Tall men, sun-crowned, who live above the fog In public duty, and in private thinking...
Page 717 - This spirit, unfortunately, is inseparable from our nature, having its root in the strongest passions of the human mind. It exists under different shapes in all governments, more or less stifled, controlled, or repressed ; but, in those of the popular form, it is seen in its greatest rankness and is truly their worst enemy.
Page 613 - When such report is made and accepted it will, in my opinion, be the duty of the United States to resist by every means in its power as a wilful aggression upon its rights and interests the appropriation by Great Britain of any lands or the exercise of governmental jurisdiction over any territory which after investigation we have determined of right belongs to Venezuela.