Pioche daily record. [volume] (Pioche, Nev.) 1872-1876, 1875-07-22
COW NOV SENSE.

We believe il was an old lake schooner
captain who said speaking Of certain
nompous individually may have I'M
common sense, but he haint got common
sense" The Cincinnati Enquirer, the
chief organ Of the Ohio ipfiationisis,
now informs a wondering community
that eve want more money we GER
taiuly do individually. and don't care
how much that little word "more may De
multiplied. II the Enquirer man Simply
rssa ,be declaration as In reference TO ms
own private impecuniosity. there migh'
bs a large amount OF common sense In ~;
INIT AS he uses II altogether in a pubic
vay, and as political argument 'here
IA an unusual degree of nonsense In his
shibboleth. II is common and serious
delusion among happily minority OF the
American people that all We need, as
nation, to make us prosperous and happy,
il more money, more paper, more pulp.
more straw, more green ink, more oil any
fibrous material manipulated and de-
clared money. This idea is now taking
deep root in the agricultural districts OF
the South and West "Thht way mad
ness lies" In this as in other things
the value decreases in direct proportion
to the amount and prospective supply.
Money in its original and primary intent
is solely to be used as circulating me-
dunn. No sane individual will pile up
his dollars and look admiringly at them
once year to see they are there. The
money il for use as means and medium
of exchange, and not for boarding. AT
the present writing there are about eight
hundred and fifty million dollars in circu'
lation in the United States. This is not the
exact amount but viii illustrate our ar
gument. OF this amount, about one
hundred millions are in the form OF golt
and silver; the rest is paper. II tn
Government bought forty Bullock press
es and went to work ut once printing
greenbacks night and day, 1t would max
no difference 10 any individuals pocket
We speak now solely of the distribution
OF the currency, without any reference
its value. Each individual Of the forty
Ave millions who make up our popula
ton, would get more Of that money
such as IL is-just in the same proper
ton az he gave real or imaginary value
for ii. The law OF trade and exchang'
ia universal in its application. The far
mer exchanges his wheat for the repre-
sentative of its value, 40 also the mel
chant gives his merchandise in exchane
for the circulating medium, the cler
sells his time to his employer, and
on, through all the departments Of trad
and agriculture. In the same degree I
we are producers, in precisely the san
ratio do we individually pocket the Nee
ful, and the good people of Ohio wi
imagine that with increased current
would come shower of wealth in the
lars, are about as sensible as the 10
mer's lad who took the milk pail and
stool, and setting down called to I
cows to come up and be mike
It is not lack Of currency that max
the country languish. To refute th
theory, tbs but necessary to point to q
great cities Of tho Atlantic seaboa
where capitalists sit with piled up COTE
and can't lend money at four per eel
These are facts. not fancies None
viewed in the abstract. is just like q
other merchantable commodity; one C
convert wheat or silver bullion in
money at will. can also convert
ready money into pile Of wheat Of
silver brick with the same ease. II
quircs no uncommon degree of into
gence to see this; common sense is so
~ required. We can oil individually
crease the currency at will simply
producing something we can exchai
for currency and for which can he fou
market II chlorider has by dint
much hammering accumulated
of ore on dump ia this camp, he
selling that, increases the currency
his pocket to just the amount Of va
he produced. This is an assertion
admits Of no argument and is used as
illustration Of this invariable balance
listing between value. In all cases
rency is considered simply rs circu
ing medium and the representative
value, and without laying any CLAIM
originality of ideas We would suggss
the Cincinnati Enquirer, and TO
chronic grumblers who indorse
teachings by their votes, that less
and more substantial money -produ
work would go far to obviate the evi
which they continually whine.
PRoBABLE.-It is rumored that Bid
will be shortly called upon 10 with,
Nc =, anna from, tho Jp1ana,ann. a: 4,