Sound Money
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In our eReader you can find the full English version of the book. Read Sound Money Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Sound Money
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7 162 100 77. 4 172. 1 This big banner was suspended by two halliards low- ered from the "gridiron" above by one of Mr. Barstow' s assistants, and it hung over the heads of those on the stage, the letters and figures being large enough to be plainly read in every part of the house.
"The first thing I want to call to the attention of every farmer, every salaried man and every wage worker SOUND MONEY. 179 in this magnificent audience, " resumed Mr. Atkinson, ' 'is the effect of a debased currency... cheap money, whether it be greenbacks at a discount or silver coined far above its value and unsupported by gold and the credit of a sol- vent government, is sure to have upon wages and the things that wages must buy.
"You will see by looking at the table that the average of all prices and the average of all wages is taken as 100 in 1860. By 1865 we had high prices as the result of cheap mone}'. It was paper money, which in 1860 had been represented by 100, or par, and now had fallen in value to 49.
What to read after Sound Money?
You can find similar books in the "Read Also" column, or choose other free books by Fraser, John Arthur to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
7 162 100 77. 4 172. 1 This big banner was suspended by two halliards low- ered from the "gridiron" above by one of Mr. Barstow' s assistants, and it hung over the heads of those on the stage, the letters and figures being large enough to be plainly read in every part of the house.
"The first thing I want to call to the attention of every farmer, every salaried man and every wage worker SOUND MONEY. 179 in this magnificent audience, " resumed Mr. Atkinson, ' 'is the effect of a debased currency... cheap money, whether it be greenbacks at a discount or silver coined far above its value and unsupported by gold and the credit of a sol- vent government, is sure to have upon wages and the things that wages must buy.
"You will see by looking at the table that the average of all prices and the average of all wages is taken as 100 in 1860. By 1865 we had high prices as the result of cheap mone}'. It was paper money, which in 1860 had been represented by 100, or par, and now had fallen in value to 49.
What to read after Sound Money?
You can find similar books in the "Read Also" column, or choose other free books by Fraser, John Arthur to read onlineMoreLess
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