The Theory of Economic Progress, Volume 1

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American Economic Association, 1896 - 45 pages
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Page 141 - We meet in the midst of a nation brought to the verge of moral, political and material ruin.
Page 161 - We demand a national currency, safe, sound and flexible, issued by the general government only, a full legal tender for all debts, public and private, and that without the use of banking corporations, a just, equitable and efficient means of distribution, direct to the people, at a tax not to exceed two per cent, per annum, to be provided as set forth in the sub-treasury plan of the Farmers' Alliance, or some better system; also by payments in discharge of its obligations for public improvements.
Page 32 - ... the whole state, and makes its effect be felt on all ranks of people. At first, no alteration is perceived ; by degrees the price rises, first of one commodity, then of another ; till the whole at last reaches a just proportion with the new quantity of specie which is in the kingdom.
Page 142 - They propose to drown the outcries of a plundered people with the uproar of a sham battle over the tariff, so that capitalists, corporations, national banks, rings, trusts, watered stock, the demonetization of silver and the oppressions of the usurers may all be lost sight of.
Page 9 - Each honorary member shall be entitled to receive all reports and publications of the Association. ARTICLE V. OFFICERS. The officers of the society shall consist of a President, three Vice-Presidents, a Secretary, a Treasurer, a Publication Committee, and a Council.
Page 161 - We believe that the money of the country should be kept as much as possible in the hands of the people, and hence we demand that all State and national revenues shall be limited to the necessary expenses of the government, economically and honestly administered. 5. We demand that postal savings banks be established by the government for the safe deposit of the earnings of the people and to facilitate exchange. TRANSPORTATION.
Page 155 - That the public lands of the United States belong to the people, and should not be sold to individuals nor granted to corporations...
Page 31 - Accordingly we find that in every kingdom into which money begins to flow in greater abundance than formerly, everything takes a new face; labour and industry gain life; the merchant becomes more enterprising, the manufacturer more diligent and skilful, and even the farmer follows his plough with greater alacrity and attention.
Page 360 - No grant shall be made until there is produced to the conncil or the commissioners, as the case may be, the written consent of the owners of more than one-half of the feet front of the lots and lands abutting on the street or public way, along which it is proposed to construct such railway or extension thereof...
Page 121 - ... 50 cents per piece being the price paid for the work. After analyzing the job and determining the shortest time required to do each of the elementary operations of which it was composed, and then summing up the total, the writer became convinced that it was possible to turn ten pieces a day. To finish the forgings at this rate, however, the machinists were obliged to work at their maximum pace from morning to night, and the lathes were run as fast as the tools would allow, and under a heavy feed.

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