Bimetallism Bondage Or Blood the Money Question Made Plain
Bimetallism Bondage Or Blood the Money Question Made Plain
Zach Zachariah Montgomery
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2 1890 72 78. 4 1891 72 74. 1 1892 68 65-4 Commenting on this table Archbishop Walsh remarks: "It is sufficient to note that, in one case, the index-numbers show a fall from 102 to 68, and, in the other, a fall from 95 to 65. What more striking evidence could be looked for, that the fall all round is the result, not of causes affecting merely the prices of commodities on the one hand, nor of causes affecting merely the price of silver on the other, but of the one cause that influences both alik...e; that is to say, a progressive increase of value in the standard, gold, in refer- ence to which the prices, whether of commodities or of silver, are stated?" (60) APPENDIX D. The Average Price of Wheat, Cotton and Silver for the Years Named. Wheat. Cotton. Silver. l872 $1. 47 1872 $19. 3 1872 $1 \I 187*. iS. S 1871 I 2Q l874 . 47 1874. 15. 4 1874 I ?7 1875 . 12 187^ 1. 24. 1876 . 24 1876 12. 9 1876 I. I5 1877 . 17 1877 11. 81877 1. 2O 1878 1878 11. 111878 l87Q . 07 l87Q . 9. 9 1879 ' 1. 12 1880 1880 11.
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