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 il is read to others
until every voter in Kentucky and
throughout the field OF this papers cir
culation shall make the ideas set out by
Mr.. Brown IL permanent part OF his
equipment and education on this ire
pressible and omuipotent subject of
money, its uses and abuses.
When the mind once sees clearly that
the NUMBER OF standard dollars regu-
latcs 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 n little
further mental action throws wide open
the deepest recesses OF the apparently
hidden truths SO skillfnlly bcGuddled by
by gold advocates. This simple plan OF
finding the value Of dollars by mcasur-
ing them against The DEMAND for dol
lars is beyond assault. To deny il is
simply II studied effort To deceive. Hence
to reduce all money into all things seek
ing exchange ior it is the rule To find the
VALUE OF money cXpossrd in lhiug-,
and vice versa, of the VALUE of things
expressed in money. Evidently, then.
many monry-units gives high thing value
while scarce moncy-nnts gives low
thing alue, hhis cannot be ovcrthrown
When Jefferson said (in the nct 81 1922
that moncy-unts should be made oi all
a!l-silvcr, lie thereby made as
many valuing units as all the mass of
these two metals would iractonnlizc in
to ut 24.75 grains through all gold
grains, plus 3T1h silver grains through
llsilvtr, thereby yielding s, 900. 900, 600
two-mctal-valung units. Hence thing
values were then fixed in Germs OF eirbt
billion basal units. Also the emcl-
dous load OF debts, public and private.
wer fixed in Terms ,i eight million two
metal uni.s. being equal and cschpnga.
BILE ior all possible values OF cve..v con. |
ceivabie form. In 1873 She man de- |
creed (by buncoing Congressional and !
pubic iSnorance) that the NUMBER of |
valuing units should be only 1000, ,OOO.-
900. The effect was that, (va,uc-in-c::-
preston being mental conccp;,) values
declined just as banker after banker MSS !
lntinted into the coming changes in
VALUE EXPRESSION sure TO follow
The change in the NUMBER oi valuirg
units. Mind after mind became coaoi- |
zaDt oil the Nigh mess of the change in-
voIved, aud thing value declined, only |
to decline "a, ain and again. Each go'r |
down oil the tE lg-cId OF the stcclyard |
only meant Il going up OF the money end. |
Why? Plainly because all valuation |
lnusr sLrinh from eight billion 10 fouc
billion. This is all OF it. "Sound mon
ey, "hohes6 moner, Getty centdollars'
and long list OF trash thrown into the
discussion is but mcn al dust to blind
the sight OF the victims to prevent them
seeing the plain remedy, viz: Restoring
eight billion valuing units to the place
usul lped BY the four billion. Ihnt's all. |
All these things followed because OF pic
ing debts and things in terms OF eight
billion, and then suddenly dropping the
dowd to folr billion.
The highest proof OF the soundness OF
this reasoning is the classes who deny it
and the extraordinary Arguments they
are forced to promugate. Ii changing
eight billion to four billion was not done
to rob the thing holder for the benefit
OF tbs unit and debt ilolde', why was it
done? Ninty-fve men in each 100 are
thing holders. Why would they legis-
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 a 500
horse wanted TO sell for $50. why n
$40 tract OF land must go for SO; why
four $40 hogs must go to pay $40 OF
interest or tax coupons, etc, on through
all the ramifcations oi debtor ahd cred
itor. Its the British bankers slick trick
to steal the cotton and wheat crop, and \