Show PRESTON ASSISTS SILVER the director of the mint goldboff Gold bof un HI whole aay the way to increase inci ease and inake permanent the of tle people ia fo largely increase the existing standard money vo country has ever bad or ever can have too much standard money bouey of final payment what does sir preston the director of the mint mean when he tells us in his funny reports that the production of gold ia increasing thie fias been the burden of his reports cormany for many months tells us that the production of gold ia very rapidly increasing puts in figures and estimates that honest statisticians are compelled to question what is his object doce he intend to convey the idea that increased production of gold will make the people more prosperous if how the prosperity of the producers of the country depends on a higher average of prices those who are favorable to the free coinage of eilar have becu contending that only a considerable addition to the amount of the money of final payment would accomplish this result the tact that mr broston proston Pr oston an avowed goldbug should be catering to this idea in bis reports is a little to eay alie beust lie gives bis case away the contention ol 01 the goldbu p is that the quantity of money of anal payment will not have the effect of prices and y that the volume of basio money has nothing whatever to do with the matter why then should the director of tho mint an avowed be interested in chowing that the production of gold ia very rapidly increasing what mr tails to note is the tact blut in spite of he production of gold we export more than we import the great bulk of our gold goes abroad at the european dealers alio disiro to reap the benefits of the premium that ates faster upon foreign exchange we talk glibly about parity and about the money but at the same time we see little bit s of paper at a premium over gold eliat ranges from to 0 per cent this ie very matter if we were take a common sense view of it parity is a very good excuse for tho raids that the money power has been making on the gold reserve but parity is not in it a little bit when we come to exporting our gold but tho arises if parity ia not good enough for sunday why should it be enforced o 0 monday at lauck |