The Bridgeport times and evening farmer., 1918-07-24
HIGH COST OF LIVING
ONEY IS NOT cheap in America is there too mucf lV1 of it. How prove it is not cheap? The smples

ONEY IS NOT cheap America, nor is there too much 1V1 of it. How to prove it is not cheap? The simplest wayl
 Interest rates higher than they before the war;
 to money than it did. It costs more to rent than did before the Rents not therefore, cheaper. .' '&%$at@ running charge accounts the world The great nation al debts charge Some day the debtor govern mentawil pay gold, that is to say money.
 There have always been so-caed economists who have termed money cheap when dear and plentiful when 1t was scarce.
 There is of facts which makes facts easy to demon strate.
 Inoneyisdear and buyer pays for it. he would get for his goods If cheap he could take less for his goods.
 If potatoes are plentiful the price will be lower If scarce the price will be higher Plenty is relation between quantity and use, between supply and demand
 High prices not rule phenomena of money They relation between commodities between the thing actual ly created used and consumed.
 This is easy to show If money the of high prices by being too plentiful and too cheap the increased price would be somewhat uniformly reflected against all com modities
 When we look at the commodities themselves it is relatively higher, and of them lower.
 The great commodity rubber of the essened world scarcely higher than it did before the though government has limited imports but wheat has more than doubled in price, would higher did government not set limit
 High prices are with certain exceptions the element of monopoly, relation between the commodities themselves.
 When there is great demand and small supply, each commodity tries get more; that is tries to trade his product of the products of other people, The peus extends to most commodities for which there is close parity between supply and demand and these bring higher prices.
 Adjustment being made between element of produc- ton and another high prices at the las the any other prices anybody will understand when the wages of the Remington Arms employees raised for the specific pur pose of meeting increased prices.
 The form of the yard stick changes e but the relation between commodities and consumption is in fact little changed
 Civilization is complex affair. Sudden price changes adversely affect many because wages the share of the modity made by each slow in conforming For any siderable period there but test of the cost of vngwere the people during this period well housed clothed and the desired commodities of others
 The habit of thinking in terms of money is well enough but should drive out of the mind the idea that try is wealthy which has large quantities of coal wheat cattle etc. and poor where there not enough such goods to sustain the people in health and well being
 It all to the values; the home and the kind o home; the light food clothing health, amusemens and Whatever price produces the largest quantity of human hap pness for the greatest number of people, the lowest price,
 When the South about to collapse its paper money that is to say its promise to pay it's debt worthless
 It takes lot of Russian promises pay buy anything today Russian gold Russian silver will buy much they did, taking into account the actual relationship the commodities