Part 19

Silver, ratio of, to gold, at various periods, 13-16 declared unfit to be used as money, 21 objections to, considered, 21 the motive for demonetizing, by England, 21 the motive for demonetizing, by Germany, 24 the motive acknowledged, 23 and gold both variable in value, 41 --has it fallen?, 49 purchasing power in 1873 and 1889, 52 prejudice against it as money arising from the idea that gold money has greater "intrinsic value." That question considered, 63 shall we be flooded with it in case of remonetization?, 108 the world's supply, 101 If $2,500,000 a month for twelve years has not driven out gold, how much will do so?, 91

Silver miners, their loss by demonetization contrasted with that of farmers and cotton-planters, 58

Smith, Adam: Both gold and silver variable in value, 41 Definition of a guinea, 66

Soetbeer's table, showing relation of general prices 1849 to 1885, 41

Standard: The true Money standard not the material of which money is made, 78

Stewart, Dugald, on Money, 67

Steel, yield for 1888, 4

Suicides in Germany, 25

Supply of money, what it is, 73

Tabular standard suggested for time contracts as securing greater equity than gold, 43

Thornton, Henry, on Money, 66

Time contracts, their importance to industry, 6

Torrens: The value of gold rises or falls as its quantity is diminished or increased, 77

Treasury notes should not be redeemable in bullion, 104 Possible effect of such redemption, 106

Tribune (New York) quoted as to fall of prices, 39

Unemployed, some statistics of the, 61

United States, demonetization of silver effected in 1873, 26

Usurer's loan on the farm, 70

Waller's verse, 24

Value, the meaning of, 63 subjective, not objective, 63 not "intrinsic", 64 of money not in the material, but in the stamp--in the power of legal tender, 65 money a measure of, 71

Values, relative, of precious metals from earliest times, 13

Wage-loss from involuntary idleness enormous, 62

Walker, Prof. F. A., on Money, 66, 67 gold and silver both variable in value, 42 the value of money in a country determined by the amount existing, 77

Wealth, national, estimated, 4

Wolowski, M., effect of demonetization, 17

Working masses entitled to better conditions, 57

Yardstick, the lengthened, "rung in" on the cotton manufacturer, 73

TRANSCRIBER'S NOTES

1. Passages in italics are surrounded by _underscores_.

2. Certain words use "oe" ligature in the original.

3. Mixed fractions are represented using hyphen and forward slash. For instance, five and a half is shown as 5-1/2.

4. Obvious misprints in spelling and punctuation have been silently corrected.

5. The original scanned images were not very clear, especially the tables with numerical values. This may have caused some inadvertent errors to creep in during the transcription process.