Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1898-10-14
Money and it's Uses.

treatise on money and its nature. We
earnestly request and urge every reader
of the Dispatch to read aud reread this
article and see that it is read to others
until every voter i'm Kentucky and
throughout the field of this papers cir
culation shall make the ideas set out by
MIR. Brown permanent part OF his
equipment aud education on this ire
pressible and omnipotent subject of
money, its uses and abuses.
When the mind once sees clearly that
the NUMBER of standard dollars regu-
lates the PRICE of EACH dollar Tex
pressed in products) from time to time
then the key to all the apparent mys-
terry OF money lore is in reach A very
little thinking beyond this key and the
mind finds the key hole, and little
further mental action throws wide open
the deepest recesses of the apparently
hidden truths SO slillinlly befuddled by
the mass of miseducation thrown out
by gold advocates. This simple plan Of
finding the value of dollars by measur-
ing them agoiust the DEMAND for dol
lars is beyond assault To deny it is
simply studied effort to deceive. Hence
to reduce all money into all things seek
ing exchange for it is the rule to find the
VALUE OF money eXpressrd in lhiugS,
aud vice versa, of the VALUE of things
expressed in money. Evidently. then.
many money-units gives high thing value
while scarce mOuey-units gives low
thing va! ne. hhis cannot be ovcrthrown
When Jefferson said lin the nci pf1S72)
that money-units should bc made oi all
gold-pluss a!I-silver, he thereby made n.
many valuing units as all the mass OF
these two metals would fractionaize in
To at 24.75 grains through all gold
grains, plus 371h silver grains through
all silver, thereby yielding s 600. .OOO, 600
two-metal-valuing- units. Hence thing
values were then fixed in terms OF eight
billion basal units. Also the emel J.
dous load OF debts, public and private.
wer fixed in terms of eight million two
metal uni,s. being equal and eschaHga-
BILE for all possible vaiucs oI ev,.v con
ceivable form. In 1873 She. man de-
creed (by buncoing Congressional and
pubic iSnOrance) that the NUMBER of
valuing units should be only 1000, OOO,-
600. The effect was that, (va,uc-in-eS-
preston being a mental concep;,) values
declined Just as banker after banker MSS
initiated into the coming changes in
VALUE EXPRESSION suie TO follow
the change i'll the NUMBER of va!uirg
units. Mind after mind became co@ni-
zaDt of the NIGH mess of the change in
volved, aud thing value declined, only
TO decline n ain and again. Each go'pg
down OF the tE' lg-ead OF the steclyard
only meant going up OF the money end.
Why? Plainly because all valuation
musr shrinh from eight billion 10 fouc
billion. This is all OF it. Sound mon
ey," 'hoAest moner, "Grty centdollars'
and loug list of trash thrown into the
discussion is but men al dust to blind
the sight oi the victims to prevent them
seeing the plain remedy, viz: Restoring
eight billion valung units to the place
usuIped BY the four billion. Ihat's all.
All these things followed because OF psic-
ing debts and things in terms of eight
billion, and then suddenly dropping the
number dowd to foar billion.
The highest proof Of the soundness of
this reasoning is the cl9sses who deny it
and the extraordinary Arguments they
are forced to promulgate Ii changing
eight billion to four billion was not done
to rob the thIng-ho'der for the benefit
OF tbs unit and debt holde', why was it
done? Ninty-five men in each 100 are
thing holders. Why would they Ie2is-
late things down and debts up? Think
oyer this. Try and discover who caused
this mighty change from eight to four,
and you will soon learn why q 500
horse wanted to sell for $25. Why
$40 tract OF land must go for $40; why
tour SO hogs must go to pay $40 OF
interest or tax coupons, etc, on through
all the ramificatiols of debtor aad cred
itor. Its The British bankers slick trick
to steal the cotton and wheat crop and.