davidaulloa/AmericanStories huggingface dataset:
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22
COAST CRIMINAL NEWS.
Convicted OF Manslauehter Ben
ator's son in Trouble, etc.


BAKER CRY, Dec 2,-James
Reedy, aged "a, who killed biq
father last August In this county.
was conyioted Of mauslaugiuer,
with a recommendation for mercy.
He was sentenced to the peniten-
tiary for six years.
SANTA ROSA, Cal, Dec. "a
Wesley Mailock, son Of u Peudletop
o., capitalist, is held for trial on n
charge Of assault with q deadly
weapon here this afternoon. Mat
lock recently married u daughter OF
DIR. r. II. y. Anderson, of Fresno,
formely pastor of the M Il. church
south Of this city. They are spend.
ing their honeymoon here. Satur-
day night, while they were passing
in front of Muther's store, Muther,
1t Is claimed, called Matlock vile
names, Matlock LEFT his bride In
another store, went into Muther's
aud assaulted him with a revolver,
striking him on the back of his
head. Muther bled profuseiy, aud
was In the dOctDr's care for some
time. Muther denied IN lking such
remarks.
PORTLAND, Dec. 22.-The eldest
son of County Surveyor Hall, of
Hillsboro, is at Portland for the pur
pose of fiuding his 16 year-old broth
er, Percy Hall, and another young
man named Kieinham, who are
wanted in Washil gton county TO
answer to charge of burglary.
Last Monday afternoon the two
boys concluded to start out and see
the world. They had no money so
young Hall went to his fathers
house, where he stole 500 in gold
and several hundred dollars worth
of county warrants and, together
with Kleinham, who is about 20
years old, came to Portland on the
Iirst train. On arriving here they
took the Quimby house bus and
Iegistered at that hotel; but, after
taking in the variety theaters, they
stopped at the Merchants hotel.
G tting up early yesterday morning
they took the steam boat for Astoria
with the intention, it is supposed Of
getting on some outward-bound YES
sci. The father arrived here yester-
day and start d for Astoria for the
purpose Of capturing the boys and
taking them back to Hillsboro.
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22
RaoY cried,
Mother sighed.
Doctor prescribed: Castoria



EvANGf fLICAL.-Cnrner OF Liber'y aud
Center streets. Sunday services 1880 a. M.
and 1880 p. m, SUNDAY school ~ m, P.s.
Q. Z. $3.50 p, m; Prayer meeting Thursday,
1850 p. m. j, Bowersox, paster. residence
42I Liberty street.
PREsBYTERIAN.-Church street, between
Chemeketa and Center. Preaching MORN
ing and evening; sabbath school at u m.
Y +, 5. @, II, at $50 y. m; prayer meeting
Thursday atLS0p. IN. Rev. +, II. Gwynle,
ID. d., pastor.
SOUTH SALFM-M. E church. Preaoh-
Ing every sunday NJ lC;30 Il. IN. and D.
IN. Sunday school at p. IN. Player
meeting Thursday AT p. m. Epworth
League, Friday NJ 7 p. m. Rev. Chas. Ii.
Lee, pastor.
CuMBEliLAND PaEsBYTERIAN.-sale
Oregon, Rev J. r.. blair, Pastor. Sunday
school every Suu-ay, 10 a. IN. Preaching
every sunday, II a. IA. and 7:30 D. m.
Church house ou high street, between
Marion and Uuion. Everybody welcome.
USIrED BRKrnERN.-rwCb blocks south-
west Of passen err depot, Services every
Sabbath at II O'Clock. aud at ESQ, sabbath
school at 10 a. m. Prayer meeting every
Saturday night atT;50. Everybody cordially
invited. Rev. IS. jennings. Pastor.
MErHoDIsTEPi EPiso,PAI.-Serviees onsab-
bath al lG0 aud ES0 sunday school at
IL Epworth Leagues at 6;l5; Prayer meet
Ing every Thursday evening, Rev. G. l..
kellerman, pastor.
THE ChuacH OF GoD.-fiolds religious
services IN the Good Tsmpler's hail Tues
day, THURSDAY and Friday evenings. sun
days at io:So a m. aud 7;a0. Sunday school
Al 3 p m. klder n. n. Matthews. pastor
ST. JosErns CATHOLIC CHuRcH. Che
mekets and Cottage. sunday services; Low
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22

insurSent captured In arms would
be either shot on the spot or executed
after summary court-martial. 1t
Is k luwn officers Of the navy are
much more royelist In tendency
than those Of the army, but no dan
ger to the republic is expected from
the navy, rs it is believed the officers
In command, however ardently
some of them might welcome re-
ablish ment of monarchy, would
hesitate long before risNing the loss
of desirable positions, The move
merits of the monarchist agitators
are being carefully watched by agents
of the government in France, Eng
land and Spain. A special watch i-
beiug kept at the passes of the Pyre-
nees, for fear royalist movement
mig ut be attempted from that direc-
ton.
WHERE THE MILLIONS WENT.
According to statements issued by
the liquidators. the amount ex-
pended by the Panama Canal com
pany has reached the enormous tota
$3.50 900, 600. Acbilie Monchicourt,
the last liquidator, places this under
the following heads:
Sums expended in preparatory
work and organization, $40 200, 600;
concession and general expenses,
$l2 800, 600; advertisements, taxes,
etc, $l7,6OO,O00; construction ma
terial aud transportation, $33, ,2OO0,-
600; contractors, SSS 600, 600; pur-
chase of Panama railroad, l0,6O0,-
600; paid shareholders as ad interim
interest and invested for payment of
lottery bonds, $54, 200, 900. Accord.
ing to this account, not the whole OF
the $260, 600, 600 has been lost; one
fifth of this sum will be repaid 10
subscribers in the shape of Interest
nd interim; then there are assets rep
resented by the fourth, fifth and
sixth items. These cost over $l40,
600, 900; their present value Is esti.
mated at $l4,v00,000. The other
items, amounting to little over
$S6 900 900, are u total loss. OF the
whole amount expended, only a
little over one.third was spent in the
actual construction of the canal.
REVOLUTION INCREASES.
PARIS. Dec. 22.-Imperialists have
been canvassing earnestly for sup
porters among deputies, but not
with much success. AS chances for
a revolution against republican gov
ernment seem TO increase, divisions
between monarchists and Bona
paratists widen. DeLafOsso writes
In Figaro: The parliamentary re-
public Is ruined and ought to be re-
placed by consular republic with
Prince Victor Bonaparate as first
consul. The suggestion Is looked
upon as an attempt to revive the
empire through the same process by
which the first Napoleon arrived at
the throne. 1t attracts attention
only as indicating strained situa-
ton which makes such suggestions
possible. The duel between Glenn
snceau and De Rouelede took place
As arranged. Neither hurt.
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22

The Best SaIve in the world for
Cuts Bruises, Sores, Ulcers, Sail
Rheum, Fever Sores, retter, Chap
ped hands, Chilblains, Corns and
all Skin Eruptions, and posltiyel,
cures Piles, or no pay requires. II
is guaranteed to give perfect salts
faction or money refunded. Price
25 cents per bux. For sale by Dan'i
j. Fry, 225 Com. St.
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22
SALEM MARKETS.

Wheat soc per bushel.
Oats-35@40c per bushel.
Potatoes -40@50c per bushel.
Flour-S4.00 per biol.
Bran-(Sacked) $3.50 per ton
ShOrts-(Sackedl $40 per. ton.
Eggs SOC per dozen.
Chic8ens-7 per 10.
Chopped feed L (Sacked) $500.
Ducks-l0c per 10.
Geese-7c per lb.
Turkeys-1lc per 10.
Lard-l29@l5c per lb.
Butter-25@35c per pound.
Beef-7@l2!c dressed,
Veal-l0 to l2lc, dressed.
Pork 7@l24c dressed
Wool-l5@lSc per 10.
Hops-l5@lSlc per lb.
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22

mass 1880 a. M; high mass l0:30 Sunday
school 3 p. M; vespers 1880; week days, low
mass a. m. Rev. j. s. White, pastor.
CoNGREGATIoNAL..-C' 'rner Center and
Liberty Services sunday at 1880 a. m. and
p. M; Sunday school IL M, Y. r. 8. @. E.
Mt 8 80 p. M; prayer meeting 1880 pm. Thurs
day.
EVANGELICAL MISSION = Corner Che
meketa and 18th streets. Service in Eng
iish every sunday evening at 7:3O; Sunday
school at $3.50 M; prayer meeting every
Wednesday evening at 7.30.
ST. PAUL EPISCOPAL CPURCH.-Corner
Church and Chemekeia. Ser vices 1890 a.
IN. and p. M; Sunday school ll:45 u. M;
service Thursday 73Op. IN. Rev. W. Lund,
rector.
FIRST BAPTIsT.-Liberty and Marion.
Services 10:30 a. m. and 700 p. m; Sunday
school IL m; young peoples meeting at &
p. M; prayer meeting 7:30 Thursday. Rev
Robert Whitaker, pastor.
FREE METHODIST Rev. b. f. smalles
pastor. Services Sunday morning ano
evening, Sunday school at 10 q M; praye,
meeting Friday night. Church Spposit,
North Salem school.
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22
Burned by Boiling Oil.

SPRINGFIELD, o., Dec. 2l.-The
crude oil tanks of Masts q Co. ex-
ploded Mhis morning, throwing
burning oil over the employees.
William Kohler was cooked alive,
aud many others are thought to be
fatally hurf ed.
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22
Cor gress Adjourns.
WASHINGTON, Dec. %. = The
house adjourned till January 4th.
In Washington.

SPOKANE, Dec. pa heavy
wind continued to blow all night
aud incoming trains report the storm
general all over the Northwest.
The Great Northern East-bound
train is snowbound at Harrington in
Big Bend. The Washington Cen
trail incoming train is side tracked
at Creston. The train from Ceur
d'Alene City did not leave the other
terminus yesterday afternoon. Al
8 O'Clock last night the East bound
Union Pacific train on the Spokane
branch, due here at 7:l5, had not
arrived, and as the wires were Grip
Piled, officials here are unable to To-
cate IT, NorthernPacific trains on the
main line arrived nearly on time,
but trouble is expected. Train men
report the weather east of here as
terrific. Snow is not deep on the
level, but the wind has drifted il
badly.
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22
Our Little Men and Women.


is made expressly for the younger boys
and girls, who cad their magazine al home
and in school
Every number will contain stories, splr-
tied pictures, poems.vcrses and jingles ,and
pieces TO speak in schno =" Besides ali
these there will ne The following serials:
Three Little Gold-Diggers. Is. Olive Har-
p,;r All abont the remarkable adYe, tures
If some CHILDREN who sailed around Cape
dorn to California.
The House We Live In, By Lavlnia :.
Goodwin All about our "heads, hands,
and the rest OF u.s. not like studyire
Physiology.
A Little Columbian Grandpapa BY
Greta Crysr. The slory OF u boy " no mad
himself truly worthy Of his maine
The Clock o. the Year. by Elizabeth
uninss. Regularly each month this
clock tells the time o. year IN pretty rhyme
aud story.
'pecimen copy with premium list, cents
$l.00 ysa' 10 cents number
D. l0THR0P COMPANY, B sion Mass.
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22
Blaine's Health.

WASHINGTON, ID. c., Dec. o.
DR.. Johnson this morning reports
that Blaine has passed a comfort
able night and is about the same as
yesterday.
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22
10 ACRES

Good garden land three miles southeast
of he penitentisry on Macleay road. S25l
down and baanee on 10 10 years time.
Or trade for city property. ID. A. Harris
Salem. l2-l3 III
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22
Asylum Supplies.

The Board of Trustees of the Oregon
State Insane Asylum invite sealed pro-
p sals for furnishing II the asylum near
S'lenn. Oregon, the following supplies for
the six months ending July !. 1898:
DRY GOODS.
1000 yds. cotton flannel (Nashus XXX
1900 d. Amoskeag mariners stripes
b ne nnd WOlte.
Sooyds Lonsdale bleached sheeting S6
inches.
60 yds Pequot A sheeting unbleached
80 inches.
z01O yds requot sheeting unbleached
4o inches.
200 DIS Continental checked flannel.
800 Glars crash IS inches wide.
300 beached linen and French
crash lS Sincnes wide.
2NO yds AmOs skeag blue denims o.
20J s-i bleached sheeting pequut.
lUO superior satin damask IS inches
wide
$50 bed ticking A G A 86 inc, wide.
4OO Marc iles checks York mfg
6OO Diagou cloth assorted colOrs.
2JO American shifting prn,s light
Y doz white stay binding "a inch wide
10 ladies cotton hose
0 ladie-' cotton handkerchiefs.
~ mystic Turkey red hanIRerchlefs
!, IS doz No. a6 black (Clark's mile end)
thread
80 doz No. SO white
thread,
20 doz IL
thread.
2doz so
thread.
3 doZ 60
thread.
color.
GROCERIES.
800 lbs granulated sugar.
II 500 u sugar.
5000 rolled oats fresh ground in barrels.
100 cracked where fresh ground in
barrels.
400 lbs gold dust corn meal Tor as good)
ire,h ground in raireis
~ M y lns hominy fresh ground in barrels.
u w choice islanu rice
10 U gals Amber drips (Syrup) in so gal bbis
2No genuine New Orleans nIolasses
best quality.
,0tO lbs corn starch Oswego or as good.
II GOO Liverpool salt
Duo chez Sc Cranston's or as good
NV q q Cos "A d. Ii brand carb soda.
o.o cream tartar j A FOlger's prime or
as good
% % gross vulcan superior safety matches.
- duz brooms.
whisk brOoms.
81 cans oysters Fields or as good.
"a eoIh Ste ling brand or as good,
III b Xes veTmIcelli,
u doz concentrated I've An trican,
W 10, sleiic wax candies IA OF
doz Worcestershire sauce (auarts) Lee a
SGo 20 lbs Xxx soda crackers fresh.
io0 gloss starch Oswego or as good.
lou Pearl barley.
GROCERY.
doz soap dithes.
l5 tea cups.
y saucels.
10 one quart soup bowls.
5 one gn ion pitchers
= Sinch up plates.
11o one PINT y rnp pitchers.
10 men dinner plates.
~ tumblers.
. inch p ates.
WIT cream pitchers
Z ~ Inca vegetable dishes,
2 lantern globes.
Shake salts.
snga bowls.
IS WAX apeTs.
! chan bt pots.
OILS, ETC.
iSo So gas ihs Goa coal OIL Par brand in tanks
10 paraffine In q kes 6xs inches.
FLOUR.
'Vo 6bs more or less hest roller process de
l4Nered as wanted.
AEAis
'oV lns per Gay more or less Of beef as re-
CURED In sq0al parts OF fore and h.nd
quarters.
SOAP.
'sO IDS Kinks savon or as good,
y" TrOe'or CANDLES IVORY or as GOOD
hhlED FRUIT.
20 20 'e.S@rp',s ,,,.t ir'.h and of GOOD quality.
i
W rasils
VINEGAR.
" gals pure cider iOgrs. |,
SPICES.
lbs mare ground
y usiard grnund.
w bls pepper ground.
cinnsmOn ground.
ginger ground
TEA.
''''' Columbia band or - sooa.
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22
WIRED THROUGH The STORM.
First Dispatches From the
Outside World.
RECEIVED BY The EVENING JOURNAL
Portland BlOckaded by the
Heavy Snowfall.
EMBARGO OF THE BEAUTIFUL
Portland Under q Foot of Snow
Gar Lines Suspended.
EMBARGO OF THE BEAUTIFUL
Portland Under a Foot of Snow
Car Lines Suspended.

PORTLAND, Dec. 22.-Snow Is still
falling. A depth of about one foot
has been reached. All the electric
and cable car lines are suspended.
The first street car line, which is a
horse Car, is the only line In opera
ton. Northern Pacific and Union
Pacific incoming trains are reported
to be from two to three hours behind
time. The Southern Pacific not re-
ported owing to breaks In telegraph
ic communication with the South
OVERLAND TRAIN LOST.
Pc RTLAND, Dec. 22.-All trains
departed on schedule time this
morning except the Corvallis local,
which was unable to get up Harri-
son street grade. The Northern Pc
cific overland arrived two and half
hours late. The Union Pacific. due
at TBS, is six hours late. The South
ern Pacific overland has not been re-
ported, and its whereabout are un-
known. Attempts were made at
noon to resume street lines but
failed.
BLIZZARD CONTINUES.
SPOKANE, Wash, Dec. o. Biz
zard conditions continue through
out this section and train sur
vice is more or less demorolized
Telegraph and telephone wires are
down. Fine snow is falling and is
drifting by the wind. Temperature
hugs zero mark.
ELEVATOR DESTROYED.
FAIRFIELD, WASH, Dec. o.
Fire destroyed an elevat or of the
Pacific Coast Elevator company
last night. Sixty thousand bushels
of wheat are consumed. Loss is be-
tween sixty and seventy thousand.
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22
For Rent.

A well improved farm OF l0S acres. stock
and tools on the Iaace. A rare chance for
y good man. Inquire of l.. A. alker,
1856 state street
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22

NAN Wanted. Salary aud expenses.
vi AN Pe manent place Apply now
Oniy growers of istry stock on both
American and CANADIAN soi!, hardy va.
riutes our speciality. BROWN BROS Co.
S-l2-d-t a s-26t Nurserymen, Chicago.
Evening capital journal. (Salem, Or.) 1888-1893, 1892-12-22
Milk! Mi|A!n Milk \!

The City Dairy Is now prepared 20 sun
ply inllk nom herd hat is nns-hali hi. h
grade Jerseys. Satisfaction euara n teed
address or call opposite Oregon Il 80,
d. J. shAl = pnI
The advocate., 1892-06-22
$1.OO PER YEAR.

sequence in their relation to the vastly
increased amount Of commodities, ex-
changes, and population Of the present
time.
IL Is one Of the common estimates that
In 184s, the date Of the California dis
coveries, the bullion value Of the worlds
stock Of plate, coin and bars was $780,
100000 In gold and $4,OOO,OOO,OOO In sil-
yer, but Of coin and bars alone 81, 1,200,-
100000 in gold and $9,2OO,OOO,OOO In sill
yer. The total production Of gold and
silver In the FIVE years ending with 1855
was s950,0O0,OOO, being an addition Of
only IA per cent. TO the total stock, in
elusive Of plate, or of % per cent. to the
stock in coin and bars The total pro-
duction Of gold alone In the same years
was s75OOOV000, which was al addition
Of 25 per cent. 10 the entire stock 81 gold,
including plate, and che stlll greater I'd
dition Of 621S per cent. TO the stock Of
gold In coin and bars. In the twenty
eight years ending with 1876 the sggrO-
gate production Of gold and silver was
$4,599, 100000, which was an addition Of
81 per cent. to the stock in 194S Of coin,
bars and plate, and Of 1856 per cent. TO the
stock Of coin and bars. But in che same
twenty-elght years the production Of gold
alone was $8,215,OOOO0O. This was an
addition to the gold stock in 1848 in coin,
bars and plate, Of 1l5 per cent, and to
the stock In coin and bars Of 268 per cent.
Estimates Of the amount Of the worlds
stock Of the precious metals In 1S4S, or
in any year vary considerably, but on
any estimate the two facts are illustrated
that annual supplies affect stocks Of the
precious metals slowly, and that the
stock Of either one Of the metals lg more
exposed to eccentric enlargement than 10
the aggregate stock Of the two.
The magnitude Of the stocks Of silver
and gold In the world Is an element OF
steadinSss In their value which is fire.
quently overlooked. The familiar maxim
that value is regulated by supply and de-
mand, is applied TO money In q very
loose and inaccurate way. That supply,
which Is one Of the principle factors in
controlling the value Of both commodl-
ties and money, Is not the annual supply,
but the entire stock In existence, lnclud-
ing past accumulstions as well a. cur
rent production. In the case Of wheat,
cotton and similar things, the amount Of
each harvest is 30 great In comparison
with the amount left over from the pre-
yious harvest that supply and annual sup
ply are frequently used as meaning the
same thing; but the difference between
the two Is very considerable, even in re-
spect 10 commodities OF that description.
The difference between the supply left
The advocate., 1892-06-22

money are much greater. No consider
able simultaneous increase Of both has
occurred since the Christian era, with
the single exception of the period when
the mines ofthe New World ere opened.
Whenever one of the metals has been
produced In unusual quantities, the pro-
duction of the other has generally re-
NAMED stationary or has declined, so
that variations In the q gregate produc-
tlon have been restrained within endur-
able limits. Thus, there was no increase
Of the silver yield when gold was pro-
duced in unusGal quantities from the
Brazilian mineS.and during the frat half
Of this century from the Russian mines.
The production OF silver remained steady
during the first fifteen years Of the work.
ing Of the gold fields Of Australia and
California, and did not increase until
their productions declined.
Gold and silver are both fit for money,
by all the necessary qualities of indie
structibility, resistance to chemical
changes, divisIbility, general steadlness
Of combined production, and amount Of
combined stock, which is small enough to
make them precious, and at the same
time large enough TO render them con-
venlent in ordinary handling. They are
the only metals which combine these
qualities. With augmenting capital, In
creasing population, the continued spread
Of civilization and stable government, In
creased efficiency of machinery, and i'm
proved processes Of mining 1t may be that
the production of gold and silver will be
increased; but under the conditions
named an increased production would be
necessary for the preservation Of the
equilibrium between money and all
other things.
The considerable difference in the
value OF the same weight of the two
metals recommends the use Of both as
money. Gold, in any condition Of purity
heretofore adopted in coinage cannot be
used for ordinary retail transactions. A
gold coin of the value of an average days
labor in Europe, or even In America,
would be too small for handling; and In
Asia gold coin measuring a months
wages would be inconvenlently small.
Il ls very doubtful il any contrivance of
coinage could make gold answer the
purposes which silver has always an
swered In the smaller exchanges. The ex-
pedIent Of a gold COIN of which the prin-
cipal weight and bulk should be alloy,
may be suggested, but the genuineness
and real value Of such coin would elude
ordinary means Of verhcatlon; and It Is
doubtful il 1t coutd ever be made to COM
mRnd that ready and universal confidence
essential to money. IL would be an ex-
pertinent full Of hazard. Silver is espec-
The advocate., 1892-06-22
MONETARY COMMISSION.
Report Of the United States Monetary
Commission, Appointed by Act of Con-
arasg August 10, 1876.

Report OF the United StBC9B MOMeGAry
Commission, Appointed by Act of Con-
greSs August 10, 1876.
NO. II.
OBSERVATIONS UPON THE GENERAL CUES
TIoN OF EMPLOYING THE TWO PREo-
IoUs METALS AS MONEY.
The question Of the disability and
utility of using both gold and silver as
money metals has been decided In the
affirmative by the general judgment and
practice In all historical times. This
statement may possibly require some ex-
PLANTATION In respect Of India and China,
which contain the two greatest masses
of human population, and, upon common
estimates, rather more than one-haH Of
the total population Of the globe. Gold
cannot take the place of silver as the
money of those regions, because gold ls
too valuable to measure the small earn
lngs and expenditures of their inhabi-
tants. In India, under the British ad-
ministratlon, silver Is the only legal
tender. What the legal tender may be
in China is obscure, but In respect TO the
inhabitants of both China and India, and
more especially in respect to the ruder
populations in other parts of Asia and
In Africa, the legal-tender quality OF
money is Of far less Importance to them
than IL Is to the highly civilized populs-
tions Of Europe and America. The raml-
fed system of credits, frequently on long
time, and sometimes perpetual, which
seems inseparable from high civiliza-
tion, Is unknown TO the majority Of the
human race, to whom the principal use
Of money iS to make purchases, and not
to pay debts. The amount Of gold is
small as compared with the amount Of
silver In the east. Gold is not the money
Of the east, nor are the prices there in
fuenced by Its scarcity or abundance as
they are by the scarcity or abundance Of
silver. But 1t is readily accepted as
precious commodity, at about Its silver
value In London.
In the presence of this general judg-
ment of mankind in favor Of using both
the precious metals rs money, it will be
sufficient to state summarily some of the
considerations which justify this judg-
ment.
The fluctuations in the aggregate cur
rent supply Of the two metals are less
frequent and less violent than are the
fluctuations in the supply Of either metal,
and consequently the fluctuations in the
value Of the two, used together as money
under the double standard, are fewer In
number and less In degree than would
be the fluctuations in the value Of either
one OF them, and the chances Of avoid
Ing the evils Of an insufficient supply Of