Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1896-05-30

dollar. all of which has ben produced
solely through legislation, by an I'M
warranted and unjustifable interior
ence with the natural law of supply and
demand. and without altering one lota
the intrinsic value of the material or
which money is made, or the intrinsic
value of any other article, property or
labor. Of exchange 1t has only altered
the relative exchange value, under the
natural law OF supply and demand. OF
the gold unit, or dollar, contained in
primary. actual or redemption money,
and the property and labor OF which
money is the medium of exchange and
the measure of value. II the laws were
restored authorizing the free and I'M
limited coinage Of silver. nothing less
will do. based upon the equality or the
two money metals as formerly the
quantity of metal contained in each
gold and silver dollar would then be
worth. in the markets with out the gov
eminent stamps, one hundred cents
each. We can never have, under our
system of exchange values, when sys-
tenn has been based upon the natural
laws of supply and demand, an honest
parity. for use as a common denomlha-
tor or common measure OF exchange
value. of the two money metals, untli
we first restore by law true and pure
bi-metallism that is. open the mints,
as formerly, to the free and unlimited
coinage of both gold and silver, based
upon the equality of the metals as
money. Then confidence, prosperity.
happiness and contentment Will once
more reign supreme among the people.
In fact. the bi-metallic standard meas
urements of exchange values Is the on
w honest measure of value between ex-
isting creditors and debtor. 1t is COM
monty supposed that money does not
fluctuate in exchange values, ike otner
commodities, but this is IA
tai error. Money does fiuctu-
are in value. in response to the
natural law of supply and demand, the
same as commodities. Many times tnere
is a change in the price of COMMONLY
when in fact, the change Is caused by
a rice or fall in the~exchange Vaiue OF
the money itself, and with which the
value of the commodity is measured.
THE fluctuations in the value oil money
are concealed from the popular view
bv the facts that the names and forms
of the coins remain unchanged and the
mice of all other commodities are given
in money. The rise and fail in the value
of money is easily mistaken, therefore,
for a rise and fall in the price OF goods.
The present financial and industrial de-
pression has been caused solely by the
unnatural and dishonest appreciation.
or increase, in the exchange value OF the
gold unit. as compared with other
property and labor, silver included, and
the gold unit will continue TO rise in
exchange value, until IL reaches nat
ural equation, under the natural law OF
supply and demand, in exchange value
with all otner property and labor. I'm
I'll that natural equation is reached We
will gradually have rising money and
falling property and labor and as long
as money rises irl exchange value and
property falls, and to that extent, the
present stagnatlon in business will con-
tinue, If the gold bugs will substitute
Immediately an equal number OF gold
units in place of the silver units de-
stroyed and guarantee that the future
production of gold will keep even pace
with the increase in population and bus
mess demands so that the unit OF money