Press enter after choosing selection

What Fixes Prices

What Fixes Prices image
Parent Issue
Day
30
Month
October
Year
1896
Copyright
Public Domain
OCR Text

The general level of priees has fallen amaziügly since 1873. It has fallen because tlie valué oí' money has appre ciated. The general level of prices is always fixed by the quantity available for use of the material which is made by law the standard of value- or in other words the available quantityf the material which the citizen can convert at will into legal tender money. The only material which you can make into legal tender money at your pleasure at the present time is gold. It follows then that the quantity of gold that can be used for money must flx values and those values will be high or iow as that quantity is great or small. No recognized school of political egonomy will teach any other principie and Mark Hanna with all his mlllions of corruption fund cannot hire a political economy written that will teach anything else. The educated fellows who are about the country preaching the gold standard avoid these fundamental propositions. They do not dare discuss them. Hon. Charles F. Ci'isp, ex-speaker of cougress, died at the sauitarium, in Atlanta, Ga., at 1:45 on Friday afternoon. He had been at the sanitariutu for several weeks and nis coudition lad been reported very low, but no :atal conclusions had been expected so soon. The immediate cause of his death was heart failure. Mr. Crisp lad been declining for several years. Sis last illness was immediately oceasioned by an attack of malarial fever, which he contracted at his home in. Americus a few weeks ago, which yielded to treatment when he went to Atlanta. He was considered convalescent and a week ago last Sunday he lad ridden out. But, when renewed lealth seemed withiu view, he was at tacked by congestión of the lungs, which added to weakness of the lungs and heart, caused by two previous attacks of pleuro-pneumonia, resulted in lis death. Mr. Crisp was the choice of the democrats of Georgia to succeed Senator Gordon. His death throws the senatorial situation into chaos. The legislature is almost unanmously for free silver, however, and whoever is named will be an advocate of that policy.

Article

Subjects
Ann Arbor Argus
Old News