New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-09-11
FROM THE NAIL
,op Is THE MEASURE OF VALUE"
CEILING ILLUSTRATIONS BY A NEW.
.Dv,cE TO FARMERS. ARTISANS
AND BUSINESS MEN

Il ,s Editor Of The Tr'oure ..,o, ,.oss ,,,s
81 t'' 90 t.x, Of six words which heaus tiiis
80. orrhodics the principe ''e VIZ 49,
8 -, s,.stem Of the wori"' N,..|,s
pne""' - think out the question LOT hinseH
81 troupe 10 r proposition cannot help ar
rem tins iun"" Inclusion. Such n man will he
aims at 0o'' S,,ad an independent thinker" and
kc,itled 10 'o ha nroof against the fallacies and
3 ~ not ON, .noss opposed to sound views on the
spnis" " an,.n, but will evolve Tor himsef from
.1SncHi hasis position on the subject tnat VIII
ihs s'"'p'' ,ossailabe and defy criticism. LABOR
Y smiDs .rr. or standard OF va'ue. Lei Us prove
Is the measN. sIrple Illustration which will appeal
the case oy -, more particularly to the people of
20 everyooos' those forest interests are so ex-
mis- country. wiz
,ensive ling IN the woods possesses no value
4 tree 'ssautiful object in nature or for pur-
except s..da We Will assume however that IL
poses o Lily worth as II stands ana wouio sell
f. n'f'"s'( ~, che tree down. and its value Is en-
;'r w the cost Of the cutting. and IL WORTH say
hsnee" cw the tree into five twelve-Ioot ioss' AT
r9%. 80 ara our tree Is worth 81. Haul the
'os' % ,ho mill mile distant. at cost OF ~ ana
0es 10 'i'' -" "a Cut the logs into lumber,
I or ree " = an feet and our tree is now worth
produ0's,, - n, SIS per thousand. Use this lum-
r. OF a. ,,,,d,rs a farmers house or barn and It's
~r 'o' ,nc.d bv the added labor OF the opera
value Is e''" go Manufacture the lumber into
ION w. <~,i,,re and IL becomes worth perhaps
''d'n"i' e.. furniture and its value Is increased
t"'' NV elaborate and beautiful articles OF
% w" 80 bric-a -brac and our tree. worth orig
ca 6 finally worth. say. sloo"' every uoiiaf
"~.s ,.ia,ion from the original intrinsic '"'Ne'
..Ar the result OF added labor. ,,.....
'."e . -. a fa,t-an unassailable. unalteraoe idV'
.. ,tor & the measure or standard Oh All '"'"o
-' -, ~ currency Of country Is Simply uso ISL
nc noeSirn OF for the purposes y. ',1N have 10 he
5.Solt such a medium eNciS'.eV, no notafoes cab
-s0e III M. FOR what he required 10 purchase VI
te'H % - "a forth and so on IN orueI ~ 1919 a.,
=. 80 dollar worth i" cents i.e M 20 .6nai va Inc
NJ 10 - or me product Of labor; OF Squ,t '.tue
h2nge lapoi ~ vio dollars called. Tor lvV cents
- q. labor or the product 'ivlcoI, nc ,"N
.,,lrs 80 obtained are worth ony oi,e ssnr- mower
nj 1o liu, 60 n YOU present at the counter OF
~ ,'a.ioual bank check on Nt"- O ,i.i,o 1
80 NJ paper OF no intrinsic value ou. ngs
.ga,lc IN cold-vou will receive IN eNCHauS.
ed ~ virnsteiv goo Of the silver CON OF tnat
49, Starting out with your hundred MtNlCa1i
49, having still few American uOlIdis ~
.slf-d0lars left these beng oi 49, a. store and
-.., s 80 an srficle costing 81 You throw down
s"t American coin and the article Is EourS, ~ ~
" m Mexican money IL will require lui uOii"i VI
's s, link Of the disturbance 10 business caused
ssncb a con llti0n not 10 speak or the humhiauoh
rol,aa in the money OF country nennE 80 uep ~,
&c as 20 Toe worth only one-haJt mat OF IKE
1.,rev Of q foreign nation. 49, 1-,..a
rarners artisans business men OF the onlteo
go ~ America co YOUR own thinking use tile
AN C0D ~ oecsived bv tho shallow sophstries
"a 's,ecio,s arguments OF those who would LEAD
~ - vour destruction and the country 10 such
lssturbed condition Of coinmeTGiai PAM snu s -
which . ihe s', Agg Z. iSs D. F. CAMERON.