Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-01-23
Don't Forget That Plentiful
Gold Helps to Make
Living Expensive
The More Gold Produced the Less Dollar Is Worth The Less
Dollar Is WORTH the Less Man Can HAVE on So Day.

When there was takextremey foolish tall-about making
6 of silver valuable of gold the 16 to
theory very properly said that production of silver
would make the dollar worth less and less and great
fusion reducing the value of the payment for days
problem solved demonetizing
of silver worth whatever will bring silver dollar
dollar just copper worth cent only be-
it has the government stamp on it.
feared, had ''16 l. prevailed,
have happened tremendous scale the production of
silver has been happening slowly and gradually in connection with
gold itself
The dollar which is all our transactions AND
WHICH is THE BASIS OF THE AMOUNT WE PAY MAN FOR
DAYS LABORis many grains of gold of certain fnenes
If take lump of gold weighing ten pounds to the United
States treasury they will make that really gold and then
they will hand you without question United States money equal
value to the value of that gold.
be told that if somebody suddenly
discover gold and begin pouring into treasury
values would pieces dollar would be worth little nothing
banks would be panic and suddenly the nations of the world
would be compelled to change their monetary system.
Fortunately through supply gold seems
have about kept with the necessities of the
You know perhaps that have spent getting gold
the ground actually money than they
say all the digging and mining has the human than
the total value of the gold extracted.
But the gold has been produced about fast needed
in trade payment of wages The
has been violent brighten the world make
necessary to give up gold as the standard
Gold hit upon because does affect and because
it lasts long me-ndefney if not by friction
1t selected because there just about enough of it, and be
cause 1t very pretty.
Before gold used used other things cattle and hides
for nstancerom that pcunary which from the
Latin word pecuns cattle Savage islanders still certain
shells washed the shore The king the island controls the
Shells and sometimes big makes him very rich very
poor all of sudden
We back to gold and the increased cost of living
The gold supply HAS BEEN INCREASING VERY LARGELY.
Ores that utterly useless worked and
the gold by supde process if get only dollar out
of less New fields of gold in Africa Alaska in
other parts of the world have been opened and the
miners struggling desperately and eagerly working for the posi-
by of finding good they would not work for other
kind of CERTAINTY have been increasing the supply.
Gold is more plentiful AND WAGES STAY ABOUT THE
SAME We refer chiefly the mechanics wagethe mecan
through his union has had intelligence enough to increase his
pay The chief sufferer is the respectable lit
lie gentleman with the silk hat and the coat with the silk fac
ing who marches the prosperity parade denounceS anarcS
real effort do him good and tries to live his
small salary.
He is getting about the number of of gold
for week he but the of silk hat
and Of food the of the everything has increased
thanks the fact that there MORE gold and is spent
pentifully.
What is to be done about is hard say
But it quite that discuss the high
living must take into consideration THE GREATER PRODUCTION
y OF GOLD.