Reports of the Silver Commission of 1876

Cover Reports of the Silver Commission of 1876
Reports of the Silver Commission of 1876
United States. National Monetary Commission
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The explanation ot this will be found in the fact that their i)ioductive forces have atsuch times continued vigorous and active. Armies in barracks and on parade are as essentially non producers as when actively engaged, and a considerable proportion ol the additions made to armies iu times of war are recruited from the ranks of non- producers. England was never more j)rosperous thuu during the iSa- poleonic wars. The JS^oithern and Western iStates of this Union were never more prosperous than ...during the civil war, ami for some time afterward, tto long as all the productive forci's are activ*' almost any burden cau be bcnne. The debts of the country, great as tluy are, would scarcely weigh as a feather if all its labor were employed, in- deed, this country could better all'ord, in an ecoiioniical view, tosupiKut one million of soldiers in the held than to support its present army of three millions that falling prices have conscripted into tlie ranks of non- pioducers.
Authority empha8ize» what experience teaches.


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