The River Falls times. [volume] (River Falls, Pierce County, Wis.) 1894-1933, 1896-08-18
1865?

! ing been paid out by the government
to the sold ers, also largely passed as
! currency among The people.
At that time what was the ratio
between the amount OF money in cir
culation and the total wealth of the
country?
There was about 81 in money to
$50 in other p operty
What is the present ratio between
money and property in France?
1t is about L to 25.
What is the present ratio between
money and property in the United
States?
Estimating our circulation at one
and half billion dollars and our
present wealth at sixty five .nillio n
dollars, the ratio is about / to 49,
but if we deduct the money in the
United States treasury and the legal
reserves in the banks (which have no
effect on the prices of commO titles,
not being in competition with them
the ratio is about l to 55.
What is our present per capita of
circulation?
A !ibel al estimate is $22, but if the
deductions just referred to be mad.
the CIRCULATION is about $18.
What do we learn from these con :
PARSONS?
We learnthat while we have doubled,
our population and trebled on
wealth since 1865 our money
circulation has relatively decreased,
and could be nearly doubled befor,
we should have as ample bushes
facilities as those we enjoyed prior t.,
1878, or as France now possesses.
Will not Tree coin age Of silver bene
fit the silver miners and no one else?
When one class of producers thrives
other classes, by supplying that class
with their commodities, thrive also.
Silver and gold differ from other com
stamped by the government they be
come money for which every person
seeks and no one thinks he has too
much.
What effect does the increase
the decrease in the volume of money
have on the price OF commodities?
When there is an increase in the vol
ume of money the price of commodi-
ties rises, and when there is a decrease
n the volume OF m oney the price OF
commodities falls.
What proof is there that this law
is true?
The ahlest writer's on economies il.
Europe and America and the exper-
fence of our own and other countries
teach this. In Australia and Cali
tornia, for example, when the golc
mines were yielding bountifully times
were good: but now that thu mines,
specially those of Australia, have
become nearly exhausted the times
are hard and prices exceedingly low.
Is it not true that the present low
price of commodities is mainly due to
improvements in machinery, etc?
Some authorities are willing to con
EIDE to this cause 6 to s per cent o
he fall in prices which has occurred
Turing the last twenty hve years; hu
other authorities contend that the
improvements in the methods 0.
mining gold and silver, which have
heen great, will fully offset all this
decline.
Is it not true that the low price of
commodities, e&p. cially manufactured
articles, is due to overproductiOn?
There has been an increase of pro-
iuction in many articles, but i'll gen
eral not All overpro lurtion. The
benefits of an increase of production
should go to the producer and not to
the non producer. Money should in
crease with commodities and usines~
to such an extent that the general
average OF prices may be preserved.
Hive not the low prices OF wheat
and cotton been caused by the in
creased competition OF India and
vi her countries?
The increased production of these
art Giles has not kept pace with the
worlds per capita OF population, bu
our wheat and cotton growers are