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 S WORTH the Less a HAVE on So Day.
- ~ b

When there was tak-extremely foolish making
of silver valuable of gold the 16
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 day
The silver problem solved by demoneng silver and
of silver worth will bring silver dollar
worth dollar the copper is worth only be
cause it has the government stamp it.
What feared, had 90 u prevailed and what would
have happened tremendous scale in the production of
silver has been happening slowly and gradually connection with
gold itself.
dollar which basis of all transactions AND
WHICH IS THE BASIS OF THE AMOUNT WE PAY MAN FOR
DAY LABORis many grains of gold of certain neness
If you take lump of gold weighing pounds to the United
States treasury they will make that really gold and then
they will you without question United States money equal
value o the value of that gold.
You need be told that if somebody suddenly
discover mountain of gold and begin pouring the 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 centuries the supply of gold
kept pace with of the human
You know perhaps that have spent getting gold out of
the ground actually money than they have outhat is
say all the digging and mining has the human than
the total value of the gold extracted
But the gold produced about needed
in trade payment of The increase
has been violent brighten the world or to make
necessary give up gold the standard.
Gold hit upon does affect and because
it lasts long timendefnitely, if it not by friction
1t selected because there just about enough of it, and be
it very pretty.
Before gold used used other things cattle and hides
for nsancefrom that pecuniary which from the
Latin word pecuns cattle Savage islanders still certain
shells washed the shore The king of the island controls the
shells and sometimes big makes him very rich very
poor all of a sudden.
We back gold and the increased of living
The gold supply las BEEN INCREASING VERY LARGELY.
Ores utterly useless worked and
gold by suphde process if only dollar
of less New fields of gold in Africa, Alaska,
other the world have been opened and the
struggling desperately and eagerly working for the posi-
by finding they would not work for other
kind of CERTAINTY, have been increasing the supply
Gold is plentiful AND WAGES STAY ABOUT THE
SAME We refer chiefly the mechanic wages-the mechan
his had intelligence enough increase his
pay The chief sufferer the respectable lit
tie gentleman with the silk hat and the with the silk fac
ing who marches in the prosperity parade denoces anarchiSc
real effort to do him good and tries to live on his
small salary
He getting about the number of grains of gold
week work years but the price of silk hat
and Of food the of rent the of everything has increased
thanks the fact that there MORE gold and spent
pIenufully.
What is to be done about it is hard to
But quite that those that discuss the high Of
living must take consideration THE GREATER PRODUCTION
OF GOLD.