The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1909-09-29
KANSAS COMMENT
is GOLD TOO PLENTTFTJI,g

| is GOLD TOO PLENTIFUL?
Political economists have all sorts
and as the old Droverb has it, many
men, many minds" Some attribute
the high cost of everything to the
tariff. some blame it on a shortage in
| soil products, while others declare
that 1t is an extravaganza age and
enough Is wasted in many families to
support other families if it could be
conserved.
But a new idea is advanced by the
financial theorists to the effect that
the production of gold has been so
great in recent years that its value is
less than 1T was ten years ago, for in
stance.
On the doctrine of economics that
supply and demand fix all values, it is
reasonable to argue that gold, like
every other product, must vary in
value according to its supply. But we
have been accustomed to regard it as
the unit Of value the world over, and
as an ounce of gold in coin or bar
form will pass in debt paying the CIV
ilized world over at the same value, it
seems difficult to consider it a
changeable quantity.
Nevertheless it takes more gold to-
day to buy almost anything than it did
ten years ago. Has everything in
creased in value or is gold worth less?
This is the problem presented by the
economists under discussion.
There is one phase Of this PROPOSE
ton that these economists have over
looked. The man who held British
who held gilt edged securities ten
years ago could realize about the
same rate of interest that he gets to-
day. 1t is true that money may be a
little cheaper in the commercial
world, but coupon slippers OF first
class bonds find no substantial reduc.
ton in their incomes. The effect of
more gold in interest affairs Is shown
in the ability of new communities to
sell their bonds at a lower rate, but
this is not true in New York, Boston
and Philadelphia.
The theory that gold is cheaper
needs further argument before II can
be made to stand the responsibility for
present exorbitant prices.-Wichita
Beacon.
MORE SHOULD BE WHIPPED.
In Philadelphia a singer in a show at
tracted attention to young woman IN
the audience by singing an amor rus
song and directing his words to her
After the show the husband OF the
young woman met the singer and pro-
ceeded to punch his nose in the mes
approved fashion. This is an act which
should be lauded by everyone and the
example set by the husband should De
followed by husbands, brothers AID
fathers all over the country. There is
nothing so detestable as would-be
comic singer in a show attracting at
tention to some one in the audience by
pointing to them or in any way causing
others In the audience to stare at the
person noticed by the singer No sing |
er or performer of any ability or sense
win do such things, but not all singers
are burdened with brains, and some of
them will do just the thing the one IN
Philadelphia was whipped for doing.
Frequently a woman on the stage will
do the trick and she cannot be whip |
ped. but the manager of the show and
the manager Of the house should be |
criticised by the newspapers until they |
would see to it that such things did not |
occur. No person likes to be ma de |
ridiculous before others, and no person |
enjoys being made the target of ,
cheap and greasy actor or singer who |
has suggestive song on his or her
Eagle.
$50 A VINDICATION.
So far as recorded. blood hounds |
have captured nothing since they al
lowed Eliza to get away across the
floating ice. Indeed. EliZa's was about |
the closest call recorded. But the
any rate, the New York Central rail-
road has invested in eight blood |
hounds, to be used in protecting its
property, and trailing thieves. OF
course the dogs haven't caught any
thing. as yet, but the fact that they
have become the property of a vast
prove their standing in the canine
world, and serve as Vindication until
they do.-Atchison Globe.