Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-08
orms Of President Wilson.

views of Professor Irving Fisher of
the chair Of political economy at Yale.
Professor Fisher. says the late re-
ports to-day is the mysterious inau-
cnce that has been at work at the
White House IN the shaping Of the
financial measure for which the coun-
try so earnestly waits.
There is only one known fact re-
gardng the currency upon which
there is any agreement
Present System Wrong.
The present system is wrong.
Everybody from Nelson W Aldrich
20 william j. Bryan not forgetting
TO stop at intermediate mental sta
lions. starts with that hypothesis. So
as everybody has an idea concerning
what ought To be done TO change the
system. the personality Of the man
who is reported 10 have SO much
weight with the President is extreme
ly interesting
The most notable money view OF
the professor I'm recent years is that
i'm which he asks the country to
Make the purchasing power Of the
dollar stable IN terms of commodi-
ties"
or. i'm other words TO make gold
stand hitched 20 the other products
Of the world so that the value Of all
the products. and not the value OF
sold alone. will Doe made the standard.
Change Value Of Dollar.
In urtherance of this idea, he adj
vocat'd THAT when "a man comes 10
mint with gold Tor which he would
no" get 500 fiat. the superintendent
of the mint would take list OF
prices of commodities in common use.
reduced 20 am average. and III he finds
the average one per cent higher than
nus last reading, the superintendent
viii offer the man with the gold Sgg
for the 500 lot The extra dollar he
comes seiguoraEe and goes into the
GraHsu like any other tax
10 viii be seen that his idea is to
make the price OF gold subject To the
average price OF the most common
commodities. substituting what might
hr termed COATS hiTt- hat shoes cot
ton-Whs5t-Corn-Coal-pu pumpkin meat
standard OF value for the single gold
standard. cor q multiple standard for
the single
CeaI WIN ITSditS.
But as that element of The. cur
reucy bin Is the least important be-
cause tho currency and banking bill
IS Co deal with credits rather than
coin. there is little In the plan Co give
us light upon the banking ideas OF
the professor. whose reputation is in
tgrUguoUa1 and Hch
But he has been "a most interesting
figure iu the life of the nation. chief
~ for his efforts To- conserve the pub
lc health and tu urolong the public
life. Here are some of his ideas
There are 100 people who die UNI
necessarily every day In the United
StatYs.
College Men Drink.
All college men drink too much
10 IS not the duty Of the college to
reflect the customs NJ the times but
ta point out the way 10 proper Gus
toms
Society racing for supremacy
10y freak methods has stopped. and
there rs marked Improvement in
the highest circles looking 90 intel
HE-ur advancement.
The ayeas, life ought 10 he $50
wears.
AT laas, rf-esu years could be adj
ae1 ro the American life by proper
Twins.
Tine economic value OF AN OF the
lives tl the United states is $3.50. 600 b.
H.H"HH
The economic value ,aysrsgen
ranges from So. a- tre r-s- stage lo
Ss-.. no IT'S most productive age.
.Hr." rrEn.. power .- food that
So yg- see That the professor has