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Wants More Money

Wants More Money image
Parent Issue
Day
24
Month
February
Year
1891
Copyright
Public Domain
OCR Text

"How does it take?" I should think that mere idle curiosity would suggest the above inquiry, though you really had no interest or did not care. I have reference to your financial editorials. Well, they do not take with me. You presume too much on the ignorance of the people. I know, for instance, that I know very little, but when a man tries to ride over and trample down all ot the obvious trnths which are obnoxious to a theory, there is a remote possibility that some one will bring him to the realizing sense that there is not always a monopoly in ideas. Your reply to the query concerning tli:;pricc of gold shows clearly a deïire to "bear" tho source oí truth. What would a person think oi me if in reniy to "What is the price of potatoes?" I should say, "You might as well ask me how much does a quart measure hold?" and should f urther say that in reality the price of potatoes is the amount of wheat, pork, boots or machiuery they will purchase. I would reap contempt for such treatment, as well ] should deserve. This reply is exactly paralleled by yours. Something must be done, in your estimation, to make men believe that gold is the universe in whom there is no variableness or shadow of turning. You are determined to have a "standard of valué," a thing which neither time, norlaw, nor men, nor any combination of men, can ever materialize. How can there be a standard when all the factors which are involved in products and values- viz., want, labor and ply - are perpetually on the ebb and flow! Every day of our lives we are brought face to face with the fact that the standards are as numeroas as the individúala of the race. No matter what we buy or who buys or sells, we shall rnn across some one who will remark of our purchase, "You paid too much," while anotber will say, "You got that cheap." But you insist that gold is a standard of valué and is the standard of our currency. I suppose, then, that that accounts for the fact that potatoes were worth fifteen cents a year ago and are now worth seventy cents a bushei, or that butter was worth fifteen cents in June and is now worth twenty-five. Perhapa your gold is of uniform valué, but I can get a number of d'ollars more of them with 100 bushels of oats than I could a year ago. I can get less of them witb hay than three years ago. In what sense is anything a standard that can never be Y&lned twice alike any day or age? Yoar idea that there ia a body of people clamoring for an "inferior" money is not a supposable case, has no right to be classed as a supposition or hypothesis. The attitude of a person toward the greenback shows the attachment te the country, meastures the patriotism Those oppoeed to it are enemies of the country, as it is the personificstion of tho ideal currency, is the only honest money we ever had, the only money that stands by us in all emergencies, the money which came forth in our peril after gold had vanished. I am totally opposed to the

Article

Subjects
Farmers
Old News
Ann Arbor Argus