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Why Dollars Would Be Cheap

Why Dollars Would Be Cheap image
Parent Issue
Day
16
Month
October
Year
1896
Copyright
Public Domain
OCR Text

The cry of tho silver adherents is that silver is the money of the poor, while gold is the money of the rich. But silver will be the money of the poor and rich alike when we are on the silver basis, just as paper was the money of rich and poor alike when we were on a paper basis. The buying power of silver will be exactly what the buying power of paper was - i. e., its valué relativo to gold. If silver is worth one-half of what gold is, it will buy one-half oí what gold will. That is a law of trade aa immutable as the law of gravitation or any law of nature. -

Article

Subjects
Old News
Ann Arbor Democrat