People's party paper. [volume] (Atlanta, Ga.) 1891-1898, 1894-10-05
eupply and Demand.

has an endless store Of talk on the
question Of supply and demand"
as applied to cotton, wheat and land
but never a word about the law of
sssuppIy and Demand as applied to
MONEY.
Your average moss-back talks
gl.bIy about raising too much cotton,
put never stops to remark that while
O. price has dropped one hundred
Ser cent within five years its produce
tien has not increased five per cent
beyond the increase of populotion.
Such little facts as these weigh
nothing with your average mossback.
He lserenely links anther chain to
those which already join Ephraim to
his idols and feebly demands 81
rents for cotton while he Justify hur-
rahs for the party which shut off the
supply of money and thus dove
down the price of that cotton.
Why not stop to consider that the
law of supply and demand applies
to money as well as to cotton:
Why not stop to consider that
when the government was making
an increase of the currency, as it was
doing in 1890, the people could get
more money for cotton, because
there was more to get?
Why not stop to consider that
when the government lessons the
supply Of money, the demand for
it is thereby increased, and the price
Of it thereby advanced?
Why has cotton gone DOWN.
Because the price Of money has
gone up.
Why has the price Of money
gone up?
Because the democrats cut off the
supply by repeating the Sherman
law, and by refusing to pass the
seigniorago Bill over Cleveland's
veto.
Why has sugar gone up?
Because OF the protective tariff
thrown around it, and the tax thus
laid upon it.
Why has jute bagging gone up?
because trust, Or corner" has
been made upon the small supply,
and the demand increased.
The supply of money having been
cut off, its quantity thus, relatively,
lessened, trust, or corner" has
virtually been formed upon money,
and its price advanced.
The only way on earth to break
the money trust is to have the gov
ernmont open the mints again, create
new supply Of money, and thus
break the monopoly which the Wall
Street Combine now enjoys.
All commodities, not specially pro-
tected BY Trust or a Corner" are
going down,
In other words. it takes more com
modify 10 get the dollar; and the in
jury comes from the fact that after
you part with two bales of cotton
to get the money which one brought
in 1890, the dollar you get pays no
morsd e5t, or tax, than il did IN 1890.
Now If you nave to pay twice as
much land, labor or produce for
dollar as you did il 1890, what hope
is thare for you ever to get ont of
debt;
AA, but they tell Won the "price
Of cotton Is fixed IN Liverpool"
Liverpool no more fixes the price
Of cotton than a clock fixes the time
Of day
Liverpool registers the price Of
cotton just as a time-lleeper registers
tie Speed Of 70 racer; but Liverpool
no more dictates the price OF cotton
than the lime keeper trots or ruus
The race.
TIE price Of cotton is fixed
First by the amount of the money
in arcalaton
Ssco-a, by the amount OF the cot
ton 70 be soi1.
The official figures show that the
production OF cotton has not out,
stripped ;hc wants OF the world, nor
materially varied from the increase
Of POPULATIONS
The friahttul fall of prices, in four
years, from tyu cents 10 i've cents,
can only be explained by tbs fact
that silver has been stricken down,
ana the country forced into tie tire
mendoas contraction implied in the
sinole cold standard