, 1875-08-27

ncnso. hut "a Il Ia Rcnctat!y uaod) h Tho mower
o. property to crafty tho WnntH nf itH ovnnr,
Inc rover OF e1cl!anRoabIa nrnrortv is sta power
III Asla. or Roid in Nav fosk, nocets.rily, Int
srhat liz o,e,rr mishe. 10 tny. And no,tncr pold
nssy nor ANYTHING Dino over had apotnsnent pur-
general 'lnetaatlon Ia not all that can
70 said Of eoltt. ]}onnlny rrico saui
t!'at tho miner Hxos the prico of cojd.-
thnt ita piico II THO amount that viii intfnce lho
n.nof to 70 INTO tho t1l''toa and dix II. Thls is
t1'o az rnlo. h'It there aro oxcct,tions to Il.
When roFt In driven nnt of tho country no tbat
tho bulk OF what remaihH is in one locality. and
~ ns' GotFo,,ea .st @ " few nan. they mev combine
nt nt ASK mnto 'or It than tl!e pcr asked otgiu-
iho dcnt'ht wants II to Ill teeth With, tho lowell
er "anl1 IT TOR hts work. and Tho importer wants
,stn tay dntes with. and fof immediate n'e they
w.! W. hny more Than its inttina!c value. 1}osidcH
Inc clique who deal In i sotnet,mcs run It into
e eofaers to cut each others thiosts. I}nt docn
tlat hitec& tlIs power Of pracnbnckB ID purchase
nfot or poiatoes Or anything olse TINT people
got down to The lovol Ut nv mind and explain IT
to mo. Thet tho price which the miner 1xes for
gold fl continually VARYING. II drponda on
t''o accessibility Of The mines. tho facilities
tho mtunr On ono siho. and tic uscs
whic!, tho pcopls have For It, and lhoir ability to
parclaso u IN the nther: and all tote things
ad adG dengnE sy a II ts n0 In ho Tug snG ot
Spa.1:rds fret, settled 1oru thoy imng,uoa that
gold hsd m intrltac value, whch could not
cllhnro aud from, Hnch promise It waB only a
logical ooncluslon that II thos had enough gold
|: Woul. 'naho tlom rich. Ihoy wero moved by
8 spr's Of self protection, like aomo 200.
ple nearer hons. anl went to digging gold,
and raehed n l,w that nnne Of IL si,1uid ID cx..
ported. lnsseatl OF Hcniing tlIer gold away IN
exchange for things that they could use, thoy
kcpt It aecnmn1atDg untI sl,oy were e|uttet
mith IT,. And, futten1 Of getting rich, lEey found
themselves poorer than II tey had loft lie gold ,,
H. TIC Rtound, and spent their enesales iu rro-
dticng th.nch that wore useful. viii any am |
say that tlle yano Of gold would not tleptociato
under such circumstances
lhe fact Of tlnctuntIon in yatus does mt !
prove go1 TO oo bad currency, anv moi than |
u proves wheat TO bo tad gra1n. The value of
wheat Is moro Intrinsic than that OF poti. Ar
"heat ~ ~ snhV be 1ihefll where gold cnunot and |
sss I'o 'ailo OF What sarIeR, whilo the crop IL
.,to"in6t VIII every Varhtio1 Of the EenLi,cr
'a,e;c a,e;corcihR to tho loRio OF the Indiana paper
aiiisaed 10 atose the farmer Hhouid not rorx
'heat' nj He uoos not ltnur low mich ha il |
'ettlng Tor his work, and no ono should bny IL
'oca!'ko 1t inny det rociate in value before be c.
el II 0f cat it I'm. o ~"''
Il.'s uctna ion III vane is 80 general a law "a
0 be almost law Of Nature. III orIor Ia hnya
value TO anything It ii necessary that II ehnntd
10 =, ot eomo cost 70 tho producer and some use to
no consumer. Tho value of every ktuJ Of nr,n.
sty ~ governed by tho law Of aunply AID ~.
aand, ana salics accordingly. And Roi is M
Acoptlon. although In IT. no5mnt CONDITION II |
'As approach tho nearest to fxtty OF value of
nsthlng. For that ronsou there should be- gold
"ouRn retained In TIN country to kecp 1t in lte
ortnal condition, and all cnper money shonia
paacd on It, and he rcdetnnable In il. either |
u donlaad or at somo speciilo timo mud pt,cn
ANEntuo.