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advocates American farmer amount annual product antetype appreciation of gold Austria-Hungary average bullion bushel of wheat bushels cause cents per ounce circulation CO/WAGE coinage of silver coins commercial nations competition consumption cotton creased crop decline in prices decreased cost demand demonetization of silver dollars exported extent fall of prices free coinage gold appreciation theory gold standard Government greenbacks grievance and discontent impairment increase industry interest JERSEY CITY Jones labor legal tender Liverpool machinery market price measure medium of exchange millions º º opium ounces of silver payment Pig iron present price of silver price of wheat product of silver profits protective duties purchase railroad recent recognize remarkable result Russia Senator Stewart silver mines SILVER QUACKS PRESCRIBE ſº so-called bimetallism sold supply and demand surplus surplus product tion trade and commerce Treasury true money United United Kingdom United States Treasury unquestionably volume of money wages
Page 3 - President, when the mariner has been tossed, for many days, in thick weather, and on an unknown sea, he naturally avails himself of the first pause in the storm, the earliest glance of the sun, to take his latitude, and ascertain how far the elements have driven him from his true course.
Page 3 - ... weather and on an unknown sea, he naturally avails himself of the first pause in the storm, the earliest glance of the sun, to take his latitude and ascertain how far the elements have driven him from his true course. Let us imitate this prudence, and, before we float farther on the waves of this debate, refer to the point from which we departed, that we may at least be able to conjecture where we now are. I ask for the reading of the resolution before the Senate.
Page 7 - Nature, and has so compassed their use, that he has been able to do far more work in a given time, produce far more product...
Page 10 - June 12, 1874, page 4909. * * * I do not care how much you discuss it or how many resolutions you pass, they do not make any difference; you must come to the same conclusion that all other people have — that gold is recognized as the universal standard of value. * * * Do not let us try to deceive the American people; do not let us try to make them believe by some hocus pocus of legislation, that we can give them something of real value, we can give them a measure of value that is better than the...
Page 6 - ... stand to each other in the relation of cause and effect. And the Sutra II, 1,7 has reference to what is contained in the previous adhikarana. Here terminates the adhikarana of 'designation of the other.
Page 3 - ... himself of the first pause in the storm, the earliest glance of the sun, to take his latitude and ascertain how far the elements have driven him from his true course. Let us imitate this prudence ; and, before we float farther on the waves of this debate, refer to the point from which we departed, that we may, at least, be able to conjecture where we are now. I ask for the reading of the resolution before the Senate.
Page 6 - ... was due to the appreciation of gold. And the reason for such default is that it cannot be done. On the other hand, not a single commodity that has notably declined in price within that time can be named, in respect to which clear, abundant and specific evidence cannot be adduced in proof, that its decline has been due to decreased cost of production or distribution, or to changes in supply and demand occasioned by wholly fortuitous circumstances.
Page 8 - ... while in 1898 the output of the United States was 57 per cent more than that of Germany. In 1868 the coal production of the United States exceeded that of France by seventeen millions of tons, while in 1899 the excess of the American over the French product was more than two hundred millions of tons. The increase in the production of pig iron in the United States in this period was 48 per cent. When we consider that it is a generally accepted fact that the rate of increase in the production of...