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Show W fiat Is the Source of Evil? "Shall mankind be crucified on a cross, of gold ?" Those w5rds were spoken a long time ago. The speaker, as old-timers will remember, was William Jennings Bryan. In his day most people considered him a crank and repeatedly re-peatedly defeated him in presidential elections. But now his words come back and haunt the world's economists as the present depression goes on and on. Japan has followed England in abandoning the gold standard. Thus we have two of the most important nations, economically and in the military sense, in the world renouncing re-nouncing the yellow metal. Will gold lose its former buying power? If it does, it would seem that the United States, which has moat of it, will be the big loser. -.-But will "it? . We don't believe so. ' True, we cannot buy more things from other countries. But '.we don't want to just buy and accumulate. We want to 'sell and trade. Our wealth is the wealth of a miser dead and unpro-ductive! unpro-ductive! ' ' " ' Gold will not feed the hungry nor clothe the cold. It will not build machines nor hire the unemployed. We need trade, to make the wheels of industry go around again. ' . Perhaps silver will bring us trade. Perhaps Bryan was right. - |