Show FIXITY OF A bold standard raper paper W til ata JCU la id the intrinsic asa value no financial circular bilys bays that A london I 1 1996 96 has hap thus lat ta improved I 1 marov ed fre greatly PL 1 I y on I 1 1895 and nd will doubtless doubt lens continue to 4 do to so po tor a month to CV come me and more at tho the leas least L for tho the various statistical records tor for which the loe world has to thank mr Sauer jeck the economist and others show that january and february 1895 had on an an average of all the wholesale prices of the chief articles af commerce ot the world the lowest prices on record and this includes silver which moved moed mo ed as usual along with all other commodities only the price ot of gold remained unaltered as it always doeg doea because it was fixed fifty years since by act of parliament bradstreets streets 64 the foregoing appe appears ars in trad bradstreets streetEr issue of th ake b sd and it Is reproduced tor for the purpose of df calling attention to the cia clause did 11 the price pric 6 di df gold remains unchanged changed ah i because brause it was as fixed faxe fifty tt years dars ago 0 by b act of parliament L anat k h have ayes our goldlee friends to td say or of t ditl what becomes of di their intrinsic value kaiue I 1 the theory ory when viewed in te light of that statement I 1 and it ls Is one monetary y truth t that bi at has speared tu in a gold paip paper i er the value sf of told fold that is its value per ounce ex ibi blessed in pounds shillings and ana J pence was fixed fy the english parliament in 1644 1844 in money it 1 to is worth just what the law says it shall shail be worth now it if law fixed the value of gold I 1 wha the goldlee assumes raes to ta be of a superior perlor su nature and above ali aai law law wh why can it not fix anz the money value of silver ellvert the ile reader will understand that we are referring to the constantly reiterated parrot like cry that a gold dollar Is always worth a dollar and the hold gold in it la its just as good as the dollar itself so bo it Is and simply because tho the law makes that place piece of gold a dollar aud and it can be worth no less lesa but it lb la the money valise vale ot of gold alone that Is unchanged gold is always equal to gold but how is it when cb compared in i pared with anything biset else upon an ah gi average ferage it will exchange defor for twice I 1 adin as much xich df other thinks things as ll it would twenty two years tears ago and it if that does I 1 not make it worth twice jis as much then there is no me meaning anini in words the simple little sta statement thus thu clipped from bradstreets ii a strong kold gold organ absolutely destroys every argument t that h at has been made in favor of at the gold standard during the last twenty years THE q PRICE JV OF golt REMAINED UNALTERED AS IT 17 ALWAYS DOES BECAUSE IT WAS FIXED alk clity ty YEARS AGO BY PARLIA MENT |