| OCR Text |
Show Nothing Stable About This Dollar Wild fluctuations in the value of the "stable" American dollar are shown in recent compilations by the department of labor. They call attention, once more, to the vital necessity neces-sity for some method of making a dollar worth a dollar now, next year and ten years from now. - Today, a dollar won't buy a dollar's worth of food; it will buy about 65 cents' worth, based on 1914 values. The bread dollar is worth 64 cents and the butter dollar 82 cents. Fifty-twa cents' worth of sirloin steak costs $1 and the coffee dollar totals 71 cents. For $1 today you get 36 cents' worth of clothing, 51 rents' worth of household furnishings .and 66 cents' worth of rent. The candy dollar is worth 59 cents and the tobacco dollar dol-lar M cents. And so on, ad infinitum a nightmare of contradictory con-tradictory values. Just how much longer is this nation to go on doing business busi-ness haphazard, on the basis of a wildly fluctuating dollar that doesn't mean a thing in terms of food, clothing, rent the very necessities of life? Isn't it about time we put the dollar on the same stable basis as those other standards of commerce: the yard, the pound and the quart? |
