The Arena, Volume 18, No. 92, July, 1897

Let us imagine a farmer in the country to discharge a debt of £10 to his neighboring grocer by giving him a bill for that sum, drawn on his corn-factor in London, for grain sold...

To avoid this trouble another invention, called the Far-talker (or Tel-ef-oan), was made; and by means of this conceit the people of Am-ri-ka could speak to one another many mil...

If the whole money in circulation was doubled prices would be doubled. If it was only increased one-fourth, prices would rise one-fourth. There would be one-fourth more money, a...

We hear much about a "stable currency" and an "honest dollar." It is a significant fact that those who advocate a single gold standard have for the most part avoided a discussio...

With the ground cleared of the true degenerates, the operations of indirect social selection can be seen. This also is artificial, but in a less mechanical way. It consists in s...

"Where does the rich man get his means of living?" I don't myself see how a more straightforward question could be put! so straightforward, indeed, that I particularly dislike m...

The transactions at the stock exchange at present average about two hundred thousand shares a day, exclusive of bonds, government, State, and railway; and a certain class of obs...

I notice with surprise that Mr. Clews in his sketch of Wall Street dwells not at all upon the benevolent agency of that power during the Civil War. This is an oversight which I...

But the contractionists looked with alarm upon the improving conditions of the country. Something must be done to discredit silver, or by and by there might arise such a demand...

Thus matters stood on the evening of the day this great social revolution was inaugurated. It fell out that a group of honest laborers were descending the elevator that carried...

At last in 1892 the Parliament passed an act deferring the taking effect of the code till 1897 and ordering in the meantime a careful revisal of the draft. A new Commission was...

I have said it is easy to pass into that state; not so easy is the returning to the human environment; yet one _must_ return. Like the child bidden to the task, reluctant to lea...

A uniform tax of one penny in the pound sterling, equivalent to one two-hundred-and-fortieth part of the capital value of all land in the country held in freehold by Europeans,...

The Citadel of the Money Power: I. Wall Street, Past, Present, and Future HENRY CLEWS 1 II. The True Inwardness of Wall Street JOHN CLARK RIDPATH 9 The Reform Club's Feast of Un...

Of this man, who began as the son of a Corsican peasant-mother working in a mulberry orchard, and who, after fifty-one years, eight months, and twenty days, ended in a cyclone o...