The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1894-06-18

OF metal in dollar or franc or mark or
rupee that constitutes it's value. It's value
depends on it's functions-its legal tender
or debt-paying quality and on demand and
supply
The unit is the integer, the one, the
s.a''ihg point. whether to be USED 1or
what not. We took as our unit the dollar,
n Measurement. for weight, Nor money, or
just as we adopted the .,tf relve-inch foot
s ana the IT., thirty-six-inch4o to for measure
ment. The standard Unit has been
changed by an incre; Is trains in the
silver dollar from fTeninns a nasi but
still remains was AIRY 'den parties n ta+;on
Had the framererhe ou1n d Mid "the
SILVER dollar a!ent ~ u.s., j., e1 W. sreafter
valre" all .rd Of and women bucs +,od
what thew 40 tight-fitting cloth anda1nev
used is juntle.e resignation. VA an
old ante-i,roeIld ever be prettier or da do
fined theha, lowered muslins and org tho
first cbarp, ID as they are, in such de1icAs of
selfripbteori stic patterns? For theses
.Drbe dc,cia one color, plain blues, ri r,a+
.,su con.or In be had in astonishing hod
eno,oh 49, q all-over effect of hoWe to1,s
nass h,+ Molue patterns or stripe ~ of
equal intriium oi0 VIM '"'>o7 ed it is
I Waif,nx o1o - Dotted SWISS. n1;IIu 10y,
au nt1,ors 90 tolin is more in or' b,,4 ' -
is ereugh ito nm, were ONE groundlinss
laugh. mat C,rv(g in GSs, as an inter
natlohal congress, OMIT first give lhtrip-
sio' value to two ,netalS-a thing that
God has not done-and then make these
two metals Of equal intrinsic value (Which
implies, Of course. that their intrinsic
values must always continue equaD, is
proposition that could only be made by
men who are pitably ignorant or wick
eddy designing. If the south and west
wait for free coinage of silver until those
conditions come in conjunction they will
wait until there is "a new heaven and
new earth"
AS already said, nothing has intrinsic
value. Nearly everything has zone or more
qualities that make it desirable. Gold and
silver have more qualities than fit them to
serve as money than any other known met
ais. Those qualities create demand more
or less great in different nations and in sue
cessive ages. That demand imparts COM
mercial value. and the value varies with
the demand. Gold bullion is more valua-
BILE in England, Germany, Austria and the
United States than silver only because it is
in greater demand. If gold or silver had
intrinsic value that value would be the
same in every quarter of the globe and in
all times
Much confusion Of thought arises from
msappcation of the word value" Value
as applied to gold and silver or any COM
modify is strictly relative. a dollar has
more or less value as it's purchasing power
varies. Hence intrinsic value is impossi-
bic. Demonetize gold and silver and their
values would instantly drop, and also vary
in every country.
The eastern financiers further say that
the dollar unit OF coinage Of both metals
must be of equal intrinsic value or be adj
justed through international agreement or
by such safeguards of legislation as shall
insure the maintenance of the parity of
a wv FOL u
every dollar at all times in the market and
in payment of debts
All that is delightful reading. 1t has q
flash of determination In the eve and q
swell of the bosom heaving with virtue
absolutely fiery, if not molten, at the sus-
picion that any poor American citizen
should ever have palmed off on him or her
by any rascal any dollar that is not the
equal of any other mans dollar 1t has a
martial air and sound, a CLEAN and glmmer
of drawn swords and bayonets fixed to pro-
tect the innocent and honest against fraud
and imposition. "The dollar unit of coin
age of both metals must be of equal intrin-
sic value" parity shall be insured" The
two dallars shall be of equal powers at all
times" Paper currency shall be kept at
par with coin"
Brave words. Bcmbastes Furioso never
equaled that passage We instinctiveIy
take shelter under it, little chickens
under the hen when the hawk appears
The silver man is the hawk of course He
is seeking to deVour the millonaires, to rob
them and all laboring classes. He is try
ing to put on them a new-fangled thing, a
bloodSuCkcr, a vampire, something never
heard of before. and yet a thing that Wall
ATtreet iGnOrahtly atfirms has "ntrinsic"
don ue. but how much an international con-
rest On alone can decide. What a pitiable
her mar people we are that we must ask
said if Y, how many grains a dollar should
1a,toeb+ay A few words more the lam
nc, !. f be platform and / will close
,,l, to the common sense Of
,grni,, % I ~ ne ysed in my next.
>s'' 'i' i0d21 % al SuC'' coinage or of -:
}easley, who was pretty, at is customer III
n more ways than one But the widow n