Show GOLD AND I 1 in was abundant enough and yet a pound ot was worth rather legs than it is now a 13 or times i pound of ml i er in he middle age there was hardly an production of at all and baill it loses much of it value for it is hardly worth mow than ten timea ita weight in alv er after flip discovery ot america at uirt it gold that flows in and yet it in ci paes in as to be 11 and 11 times as in the middle apes the production of ah er fi om to 75 of marks between 1501 and agoo and for all that the liliie of silvar dois not eo down from 1000 to 1700 the production pio filli aiom to bo while that of gold rises from to 5 gold io have anc up and silver to have pono down exactly the contrary orthis is what took place during the the production pio of sav er ii tripled and et its value hindi to have done down goes up and if it falls from 1785 it is because the ratio kofl to ahu established in prance the of 1 gold during the nineteenth a fact more conclusive still gold is produced in ten lold annual quan tit be 1840 and 1800 without any effect on its value according ta the indian memorandum hao been in alio orld in 1850 pounds troy of gold and ot silv eind in 1878 ot gold and ot silver hie mass ot gt id doubled that of gilr remains stationary tio nary and gold losis none ot its alue giove piove beyond refutation the eiroa ot those who make the value of precious metals depend on pro ducton it 13 solely the tie hw ai I 1 have minis i all this up in a sentence 1 he anco ot alio precious metals in alvus re itself according to the pi ite of ffoyd at the mint |