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 a Man Can HAVE on So Day
y v v

taIk-extremeIy ak-about making
of silver valuable of gold
theory very properly said that production of silver
would make the dollar worth less and less and
fusion reducing the value of the payment for days
The silver problem solved by demonetzng silver and
of silver worth whatever will bring silver dollar
worth dollar, the copper is worth only be-
it has the government stamp on it.
What feared had ''l6 T. 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 is our transactions AND
WHICH Is THE BASIS OF THE AMOUNT WE PAY MAN FOR
DAY LABORis many 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 hand without question United States money equal
value to the value of that gold.
You don't need to be told that if somebody suddenly
discover gold begin pouring into 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 supply gold
have about kept pace with the necessities of the human
You know perhaps that have spent getting gold
the ground actually money than they have outhat
saw all the digging and mining has cost the human race more than
the total value of the gold extracted
But the gold has been produced about fast needed
trade payment of The increase
has been violent brighten the world make
necessary give up gold the standard,
Gold hit upon because does affect and because
it lasts long indefinitely if it away by friction.
selected because there just about enough of it,
cause II pretty.
Before gold used used other things cattle and hides,
for stanceom that pecnary, which from the
Latin word pecuns, cattle islanders still certain
shells, washed the The king of the island controls the
shells, and sometimes big makes him very rich very
poor all of a sudden
We back to gold and the increased of living.
The gold supply HAS BEEN INCREASING VERY LARGELY.
Ores that utterly useless worked and
gold by uphde process if only dollar
of less New fields of gold in Africa in Alaska, in
other parts the world have been opened and the
miners struggling desperately and eagerly working for the posi-
bty of finding good mine they would work for other
kind o a CERTAINTY. have been increasing the supply
Gold is plentiful AND WAGES STAY ABOUT THE
SAME We refer chiefly the mechanic wageshe mechan
through his has had intelligence enough increase his
pay The chief sufferer is the respectable lit
tie gentleman with the silk hat and the with the silk fac
who marches the prosperity parade denounces anarchSc
real do him any good and to live his
small salary.
He is getting Just about the number of grains of gold
for week work he years but the price of silk hat
and of food the of the of everything has increased
thanks to the fact that there MORE gold and spent
plenfuy
What is be done about it is hard to say
But quite certain that those that discuss high
living must take into consideration THE GREATER PRODUCTION
or GOLD