Griggs courier. (Cooperstown, Griggs Co., Dak. [N.D.]) 1885-1902, 1896-07-31

according to the demand, or in other
words ascend or decend on this ladder,
the standard value. II gold has no
intrinsic value, what has? Those
things that mankind has to have in
order to live, and live comfortable.
That which the land produces, and al
so labor has intrinsic value. It does
does not cost any less sweat, any less
worry, any less labor now to raise a
sbushel of wheat, potatoes, corn. or a
bale of cotton when wheat is forty
cents and all production proportion
then it did in the boom year of 1891
when it was eighty cents, and yet you
say wheat is not worth more then
half as much now. Is it the product
that has decreased fin value or is it
the dollar that has increased in value?
Does it only cost half as much labor,
boneaching, sweat, tears, and worry
to raise a bushel of wheat now as in
1891? Or is there only half the nour-
ishnent in q bushel of whent now as
in 1891? Or is there no demand for
wheat or other farm products now?
If there is no demand, why are there
millions of people in this country that
do not know one day what they shall
tor cloth themselves with the next.
Those poor creatures would surely
buy a good deal Of products if they
had the money. And money they can
not get because they are out OF en-
ployment, others has work but their
wages is so small that they cannot
support their families. Why cannot
people get work and good wages in a
land like this where there are SO many
things to improve, such immense
resources on the wild prairies, in the
extensive forests and in tho large
mountains? Because a few men on
account of the small quantity of gold
has monopolized our standard of
values and are now able to dictate to
the government of our country and
other countries what to do and what
not to do. IF had time and the
editor would give room I could illus
trate this SO everybody could see it
plain, but my article is too long al
ready.) If it was as my friend "M"
intimated that there are 5000 per capi-
ia circulation, they would not have
such chance to gain control over the
money as they now have. But in
place of having 5000 per capita circu-
lation we have about $500 per capita.
The great republican paper The Min.
neapolis Evening Tribune for July II,
1896, says in it's editorial column
'"The Populists demand is for q vol.
ume of currency equal to $50 per capi.
ia. This would require an issue OF
fully two billion dollars" l thinl,
that the Tribune tried to make the
quantity of money as large as pos
sible) and yet it Says to obtain only
$50 per capita we have to issue fully
two billion dollars in addition to
what we now have. In spite Of this
Mr.. I'M" dares to say 'we have s90(
per capita circulation. He is either
very ignorant himself or. he thinks
people believes everything written in
q country paper. According to the
Evening Tribune there is in the country
about $22 per capita, but it does not
say whether this is in. circulation OF
not. In fact there is not that much il
circulation. How can a country ex
pcct to business successfully with sucl
small circulation. In the editoria
column of the Courier above referred
to there is an insertion taken from
the 'sGlendive Independent sayin,
that the "credit system" is the caus
of our hard times. r. G.
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