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 Can HAVE on So a Day
v v v

When extremely foolish ak-about making
16 of silver valuable of gold the 10 to
theory very properly said that production of silver
would make the dollar worth less and less and great
fusion reducing of the payment day wages
The silver problem solved by demonezng silver and
of silver worth whatever will bring silver dollar
is worth dollar the copper cent worth cent only be-
it has the government stamp on it.
What feared had t16 to - prevailed and what would
happened scale the production of
silver has been happening slowly and gradually connection with
gold itself
The dollar which basis of all transactions AND
WHICH Is THE BASIS OF THE AMOUNT WE PAY MAN FOR
DAYS LABORis many grains of gold of certain neness
II take lump of gold weighing ten pounds to the United
States treasury they will make that really is gold and then
they will hand without question United States equal
value to the value of that gold,
YOU don be told if somebody suddenly
discover mountain of gold and begin pouring into the treasury
values would pieces dollar would be worth little nothing
would be panic and suddenly the nations of the world
would be compelled to change their monetary system
Fortunately through centuries supply of gold
about kept pace with the necessities of the human
You know, perhaps that have spent getting gold out of
ground actually money they got THAI
say all the digging and mining has cost the human than
the total value of the gold extracted
But the gold has been produced about needed
trade commerce. payment of The increase
has been violent brighten the world make
necessary to give up gold as the standard.
Gold hit upon because does not affect it and because
long indefinitely, if is away by friction
1t selected because there Just about enough of and be
cause it was very pretty.
Before gold used used other things, cattle and hides
that pecumiary which from the
word pecuns cattle Savage islanders still certain
the shore The king Of the island controls the
shells big makes him very rich
poor all Of sudden.
We gold and the increased of living
The gold supply HAS BEEN INCREASING VERY LARGELY.
utterly useless worked and
gold by suphde process if only dollar out
Of ton New fields of gold Africa. Alaska
many other parts world been opened up and the
miners struggling desperately and eagerly working for the posi-
by finding good mine they would not work for other
kind of CERTAINTY, have been increasing the supply
Gold is more plentiful AND WAGES STAY ABOUT THE
SANE We refer chiefly the mechanic wagesthe mechan
through had intelligence enough increase his
pay The chief sufferer the respectable lit
tie gentleman with the silk hat and the coat with the silk fac
ing who marches in the prosperity parade denounces anahS
effort him good and tries live ls
small salary
getting about the number of of gold
for weeks work he years but the price of silk hat
of food the price everything has increased
thanks the that there MORE gold and it spent
plentifully.
What is o be about is hard o say
But quite certain that those that discuss the high cost of
living take INTO consideration THE GREATER PRODUCTION
OF GOLD