Show UNJUST T RESULTS OF IONEY PLANS pis HS unsound currency Curr enoy rives gives sellers unfair advantage over tho the producers EXPERT EXPLAINS MONEY points out dangers in so called energy dollars other plans exposed irow how demagogues nes are using false doctrines of so called sound mover money to give alvo themselves or the class they represent unfair advantages at the expense of reel producers la in exposed in tho the journal of the american bank ors oro association by IL II parker willis export expert on tho the money question thero there Is no subject in whose name moro more cromos against truth have bato been committed than that of sound cur roncy rency mr willis says bays the terra term lo is always resorted to by at tho the present moment thero there seems to bo be a danger that it will bo be used by a potential presidential candidate an aa representing tho the platform upon which he expects to run there thare Is 1 i no question that mo moro nj nearly and dl di touches tho the immediate welfare ot of every class in the community purpose of money primary functions of money and currency it ib to Is explained aro are to servo berro as a a means of 0 ox exchanging changing goods and as a moana ot of measuring tho the value ot of goods mr continue a demagogues and those who aw an disposed to mislead tho the public tor for various reasons have no cooder in disseminating an entirely different view 0 of the I 1 doaa pose 0 of money sonic somo of them contend that tho the soundest or bost beat currency Is that which Is so BO arranged aa to bring about a fair redistribution of nf wealth they want a constantly depreciating currency ono one whish keeps phaylas int inac tho the hands of the seller bollor of goods by enabling him to count confidently upon higher prices in terms ot of mry mossy oo 00 that he bo pays tho the producer whom ho he haj obtained them leas and leos leas IT IS A STRANGE THING THAT THIS KIND OF CURRENCY IS OFTEN HIGHLY PRAISED OH FAVORED DY by TUB titz PRODUCER HIMSELF DI 8 H L F notwithstanding IID HS TS IS THE GREATEST BUY IrE FROM IT energy currency there to Is another popular view ot of sound bound currency which alms to base baa it upon natural products or nat ural toccoa usually it la is true specifying products prod or forces which have hava been monopolized or can be cov con trolled strolled by tho the advocate of such ouch cw cup roncy rency thua from timp to time thra there have boon been schemes cb 60 issue a cul car rency based upon or protected by farm products stored in warehouses seti or occasionally representing alts ol 01 energy or horse power the rulers of soviet russia rule at one om time attempted to introduce Intro duca a our rency representing labor time each man re colvin it check represent the number of hours of time lit had bad put a at work while goods good thom solves were to bo be valued in term ot of hours of product production lon time thus man who put in an hours bour time la trat cleaning received recel Ted the am control over oter goods as he who put ta in an hours houra time at arr sery the theory mat wa that this kind of aund Isott ur currency enabled th tha e vot poo MW loan to get fat a larger supply of leads the trouble wat wai that hi ahan han thoa who could perform a kind of I 1 labor were not paid in len ta their effort they stopped makina goods 89 Q it aas waa not TT tary long to in russia befaro tho the sound currency ach which was waa issued in lator ot of the poor man bad brouth t it about that the poor man could pt abt buy anything with tho the this was waa an us 0 foit fortunate kind 0 we do not want something like it la in the th united states today yit at very amiot lar proposals are now being made la IA A good many quarters that ought to know better says mr willis |