Show Silver And Economics By L. L A. A Hollenbeck There is a possibility that silver silver silver sil sil- sil- sil ver may be the world over by international agreement We have heard a good deal about silver in the last fifty years and the so-called so sound money crowd crowdIs crowds Is s generally ally opposed to silver But the plain facts are simple A paper currency kept within a reasonable reasonable reasonable rea rea- amount per capita is just justas as good as gold as long as a government government gov gov- I is stable Why not then issue paper is money Instead of ot silver There are two reasons in favor of silver in instead instead instead in- in stead of paper currency Five men In a short time could produce all nIl the paper currency we could use But in procuring silver for money it would directly and Indirectly in indIrectly indirectly in- in directly probably employ a million million million mil mil- lion men These mill men would be consumers and not producers in competition with other producers ers and hence it would be a great benefit to the market Again as silver sliver has been the money of South America and Asia it would immediately open the markets of South America and Asia to the markets of the United States These two reasons stated briefly are the and major reals rea rea- Is ls a good deal of camouflage and abstruse and understandable non-understandable sons Bons for silver as money There argument about silver but the two points above seem to cover the entire subject in a nutshell A A Alot lot of writers and statesmen do not understand the silver or orthe orthe orthe the money question and use big words and vague Ideas and fool themselves and try to fool the public about silver cr and money I but of arrangement is is' is characteristic of many inventions discoveries and sciences sCiences and and th the simpler the more successful and desirable A good deal of economics economics economics eco eco- is the same way Production Production Production Pro Pro- Is a tremendous success Distribution Is our only failure Nature tells us that competition supply and demand and fair play will bring the proper distri distribution But nut special privileges are contrary contrary contrary con con- to the laws of nature and have strung ham-strung distribution in inthe inthe inthe the world Special privilege privilege privilege lege Includes the high tariff excessive excessive excessive ex ex- salaries watered stock and crushed In competition by the aid of the Interstate commerce commission and by th aid of the public utilities commission of oC the several states H TT H |