Show A AU IGNORANCE this b has 1 14 I 1 been a remarkable campaign in manyi 4 it has brought out every in ant A idiot in the country to discus I 1 the gold side aide of 0 the ques alo ILI 1 last break of the kind we ale find treat the pen of prof john B 13 I 1 dark clark 01 lal of at amici Anih cist st college and now i of 0 coluni columba 1 cratty now york the burdenko bur burden dengo f ills his communication Is that were it iree rec coinage of silver adopted 1 by aln many nations athons ni at 0 one av cc expanding the curr c urr ney linsly lir sly would really I 1 i afi mean aag lick inflation lo Hallon toil ollow vea cil by a i blow 0 40 I 1 y ILlman clit conti contraction action lie says cm cc id we add to 10 tile hie stock ol of h kold 0 us as i noni nn y I 1 nn ial amount of 0 na b volume of tile the currency woul would Olvi ife doubled led that we ire should larga lars ly 13 increased prices arices of 0 every ai ten en lie as follows would V ou I 1 a I 1 it nub n ch ell cu via un ris irig un oil tile hie con t arary ry t ill II 11 mould liin biln slowly to ill well couil of at in to lo thaia ney ey of th woisil of 0 a 1 lario large ock of fetler r should it have ex cx haiat icle c U we should lind find baar selves A alth athi afcin py auy thai I 1 would slowly aloft ly fain in its 10 burch urh ians a 1 ns as gold cold ml docs nt it r eta at I 1 a ea on ma he says ays the worst evils 1 that l come aiom iona contraction come u when hen I 1 the I 1 12 condition follows a period of I 1 anil and he adds any lay metallic clure corej c y wll wit gain lit in tile the long iong run in its P pui U liasing power and further still lie ys I 1 tile currency of the iho world im ho gold lifie I 1 copper enfiel or nil all of if them it t will avail have in thu the long run a 1 crastan cr pon Good tho the auriac U buic III isu run can audala udala iteld to ills ilia change in tile purchasing ra lone li it it la is atlow lie and till term lorro 11 lt has bonu e ao durans aring tile twenty un u n abear the arade cle closes with these words 11 ivera lian li auer when it a period of initial I 1 und of i king tails has jui jue ju i E cona a a end mid and tile the of eriov avar i ontra iLd I 1 hii 1112 11 12 1 Lr teun jt it la 16 VIVILI lie ilc it in populist imra turc lit in morgan mo nn i I 1 the Fa l ritters alliance ehtle i rc la is it a b picture of tho the condition condi tiou af f a fam y th in il at had bought a farm til lit IVA ihal I 1 it larmar wad uns in tile tho prime OL tile lil alien hu it lii aalde the pui chime ellase giving MW M W in anon money and it for or in equal amoun I 1 I 1 1 the parkes of farming that I 1 then I 1 A curral curr nl lie loulu oily it leavo live P alil a 1 I 1 hib d aln bt but ailee s hll fell H ll lie a and nit ell 1 1 worked with ditl 1 I 1 i will vill to clrar benr ilie iho farm farnik r tom tilt bihy mortgage but iho 1110 loll ill in ili the th vo a of was against timm alii in measures Men Suret I 1 ti moor bor their debt avas olt usually I 1 1 uha time hinc came alien it requal I 1 I 1 I auito tuito ice ill tile mount of 1 lo 10 ptsy lay it that it could havo have donat nt itle out dOrAt a that thai illeane t twice ice the original rig t nal amount a labor imbor still arlee price tell akiwa IK II aho man flaa its old ind and ti his hi debt was AUS than deverr und lie hi died leaving j 1 farm to so go under to ills bild alto r darrin n 11 the iho extreme of hits Is mans 4 at i e erlan li it waa ai typical eliou 1 I lou truls or of iners endured ahll wua was like 1110 it in kin as idiol ac in III diree g 0 ul sunar again in ili chiq i ay I 1 if f we no n we A a 0 again to lo In liati the f larre sicy au liu lie transient rill and when it nett hl 0 i bomea the hanl hards ahlo hlo rot post Itel lurn days abed hat ire are hir in in tro tile ret u io in diluted aap iap ra L new alais clais ur u unit Is ha it lia end irada ini in not a i allo wort won pro berlly hut but I 1 1 mn ald of ad I 1 LY 1 hat 1 Is i bat u will III ome when lila iho hat J f expansion h ill all end su ref el lien I 1 ought lo 10 be careful when tiler they ter 3 I 1 their children to befool that ila hey 1 do dyitt I lot send them either to intal ai blots or to people who can be caell purchased to make the worse appen 11 1111 bel better cause a um there Is 19 no lerah porsi b 1 L hi E what t this man who he is 13 8 po pro processor to ressor asor 1 la in one ot of the greatest universities in the world wittes ito he picks out a time when there was no JA use in the country except a 1 little tar far western Sta states taIs n hen the bui ot at the country was wag heing being ru on money but on n promises to bayane pay J he picks out a time lime just at tile the clop close of a great war when halt half of the auntry was a wreck and pictures I 1 jat followed an Inu atlon of paper promises to pay and bays that would I 1 f follow how it the solid money of this i country ere to be doubled lie he says business has adjusted itself to the 8 low slow it anH ria uniform change which has been gang on tor for twenty years in w wha twy Is it adjusted production pays nothing and the scene which lie depicts jia having transpired when atter after ti e ar t the be government began to call I 1 igind fad r retire e I 1 ire its promises to pay has bce acci duplicated and Is being duplicated 0 ol 01 over this country in point ot of fact act al di ring the last live five years the burchai rig ns power of gold eold all over civilization liza tion has increased at the rate of 0 1 4 4 r cent annually annu all wo we can see theoff ct by an illustration it if A 11 md laid 13 live five years rears ago aeo had re ly it A had invested in any of the he ordinary industries ot of life and I 1 ought 4 per cent government bonds rid A managed by his work to rna mafiti living so as not to run in d debt aty itch ilch a have been a doubtful u I 1 c casl and 13 made a living without n upon his bis money the difference between the two would be this As aa bulene would be worth 21 24 per cent JOBS thin when lie made the invest la Is it would have shrunken in valai isoo which deducted from voma have left him Ds Bs I 1 tile koneya n el invested in the bonds would I 1 have drawn an interest ot of a year or MOOT for the live five years it which aich added to the principal would have made 21 aej anil he bould have been able today to he hava bo bought aught As a business and have als a su surplus ot of and awauld A would have been cathis out his five yeats work and ISOO of bt hial capital to metallic money godding in power there to la an inviolable ILL law go veining that and the prop prot prof blaik la Is to not increase ithe tho me money I 1 ey of the country Y because that would increase cr prices but after a little wh while Is prices would again begin to fall 11 alien hen this sudden addition to the nione evion the world would have ex cx c x hausten itself that la Is a professor in a erea grea fc college now the law that govera lovermi is I 1 this the ot of primary if metallic money mone yin in the world tegu lates prices when the people a us the L n L 7 of the he world in cleats r th than the volume of 0 that imaney I 1 lien increases ical then prices begin to tall fail lien the money begins to take lake on ex cada s purchasing for poran lal stance if in ILI the year 1896 there tire arc millions ot of people in the uralic united d Sti stilted ltd and wo we have of honest money primary money money i of ate redemption arid and cotton Is I 1 wort 13 cents a pound it if live ave years ctt att an pound ilene tile population on its Is increased to I 1 0 and ahe he primary money rei maln hat thu same cotton bi be reduced 1 15 A ass pe J cent or to it a little under G I 1 cen contat I 1 pound it if on the other hand thra g atar 11 ar the primary money could be dod dodrill bIll the effect on next years crop would be to double the value of it ought auell tp I 1 understand that I 1 la he ha foucht to discuss a a aue u sn c 7 it bol aiom riom rl a common I 1 and adek up P art an incident which hap I 1 the country was waa not using money at all but only promises to P pay 3 and depict tho the awful calamities V that i followell followed when the government begin began to withdraw those promises and contract the only currency which the people loci had the springfield republican puts puta this article by prof dark clark out its aa a most important something which has not been con addil led in ehn campala campaign n it liaa not ben been because it 3 not worth considering and all in all there la Is no sense in it tor for it has haa no application and the elie law ROV ining the matter I 1 Is very much deeper that law jaw says that when air lien placed are arc regulated ly by the amount of 0 real money lit in the country it the amount af money can be increased in tile tho same litlo that population and of 0 tile the country increase prices will remain romaan stationary I 1 it the elie money increases faster than llan do the ilia population and biasi ness liege then gilces pi ices advance it if po population nu and business increase and the money moncy remains stationary then prices will falls fall and with those well known facts bearing men in the face ace that it a learned fessor should Bli put out it a bolema statement that with it a great inci case of money the result would be b a L temporary inflation which w would quickly pass away land that a depression would tollow follow la Is so BO ridiculous that we are arc in the first place that any learned wan man would ever lit lila s n name aine over suh such a paper we are astonished that any great newspaper should give it space |