The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1896-10-16
s1.6os.725.aM

$l,509. 725 500
q; What does this show? A. 1t shows
that our money supply has increased $40
per cent. as compared with 1867 and 1e4
per cent. as compared with 1872.
@. Has the money supply Increased fast
er thar the population? A Very much
g How do you prove this? BY d.
each date by the total population Of the
country at the same date. and thus find
q. What does suck d process shove A.
me per capita circulation of the United
states on July 1850. was sla.B;
ing Of July, 1895. it was ST. Is.
G. But has not the money supply of
the werld at large been decreasing? A.
on the contrary, it has been increasing
Q: How Is the proved2 A. BY the sta
tlstics of new gold production.
q. How large has this Production been2
Mint, which are acknowledged authority.
show that from 1878 to 1894, inclusive, the
worlds total new gold production has
O.. Is this new product of gold increasing
or decreasing?A It is increasing with
enormous rapidity,
w g: give so, the figures. A In I 1873 8 the
1850 II was yl06 4S6, 800. In the year 1890
GIG, 100. For. 1895 1t was s2es. eoo, 600, ana
49, tA2da " I6Cp IL 9ZZU,UUU.UUJ,
Q. What does this mean? A. 1t means
that the amount of gold annually addeI
70 the World's money supply has more
years.
9. Is not this annual rate of production
liable TO decrease. A. On the contrary. ali
experts u the Americans Australian and
South African gold fields look for 4 fur
ther and very. heavy Increase over the
present rate of production
Y But has not the disuse of silver with
III GO y
annual addition to the worlds metallic
money supply2 A. It has not.
9, Why? A. IN 1873 The worlds gold
production was sss. 200. 900; its silver pro-
duction. sS1, 100000; total. SITS, 600. 600. Last
year ! ne e production of gold alone was
duotion Of gold and silver larger than this
at the time Of the Californian and Aus
tralian gold discoveries? A. 1t was not.
=; What was the highest record of tina
average annual production of gold was
sl7l. 7o1 900, or less. BY 81. 800. 90. than last
@. What are. we to say, then, of the ar
gument that the money supply. since sil-
yer free coinage was abandoned, has beer.
as applied to the world at large. and ess
THE FALL IN PRICES.
nrices Is Sc II nn true, nevertheless. that the
ducts have fallen heavily? A. II Is
9. How are such declines, in wheat for
instance. to be explained? A By the
Ing area throughout the world.
q: Has the Increase been especially
rapid since 1872? A. The increase in
all, in North America. South America ana
Asia, has never been aproached IN anv
equal period in the history of the world.
= How DO we Judge of actual COM
petition in the sale Of wheat? A. Nv rhe
supplies thrown annually on the worlds
great distributing markets.
E5glan MAJ market In particular A.
IONS 60 70 purchase their grain
~ what are the fgures2 A As recent
~ ss is y, Great as Britain imported. for
ureoweight of wheat-a large increaee
over the preceding annual average IN
iss X u imported LIB s5 h~uudredweight.
y ehat mas made possible this remark
able increase In wheat produrtson7 a
The exceedingly rapid deveiorment ~
transportation facilities in newly cultI-
gs.ea grain countries, among them India.
Rusfis and the Argentine Republic.
q. Has there been an Increase in the
United States itseif7 A. An enormous IN
q. How larger A. In 1s75 there ware
1s.3s1.5 12 acres of wheat cuiffvated Il, this
country, IN 1891 there were 2g.91e es7. an
increase Of 80 per cent. The yield IN 1875
was NILSSON bushels. q heavy increase
81. 7scep Even last year. with a ereatiy
reduced ecreaRe ard a partial crop failure
the yield was W 10000 bushels.
= has TIE Yield q other crops Increased
coTresporcsngiyf A. It has.
Q. Gise Instances. A. The cultivated
area Of corn In the United States In 1871
Vas s4,osl. is7 ACRES. in 1871 L was 7s.zo4.-
corn last year was more. than double that
Of any year prior TO 1875. Both the acre
age and ne average annual yield Of oats