Show VALUE TOT IS IT ant for cleveland carlisle Sher nian or ID other mone idaa to crabl the dretar Sr etar of the treasury Tre and his intrinsic nile of gold theor of it ia lie lade accordine to the inai cial tt eory fit cleveland carlisle ll arrison and other bereit statesmen state money to be sound safe and honest must possess intrinsic value to the full amount of its face of course they mean that it pos besses in and of itself tie value altri bu fed to it independent of all lawa silver or gold dollar is worth cents independent of all human 2 8 grains of gold is the value of cents in what in relation to what does it possess tant bilue Is it of that value iu labor in wheat or corn ordry goods or real estate if not in rela uon to some other object of the term is beai ir gless al ie is not an dent entity not a quality ii hering in a object or thing I 1 jevon a very deml nent antl arity says value like ity is no intrinsic quality of a tl ing it is an extrinsic accident or relation john mill says tie word value always means value in exchange arof inicis V walker says value is not tl e i property of anything it arises wholly out of loi s exist between tl ings 1 1 erry of illiams college says I 1 lie value of anything caouet be found out by studying that particular thing by itself alone value is not an altri buttof single things not even if the thing be pi ai d tangible tan cible the chemist in his laboratory may analyze a lump of gold lie fir ds that it is bryabt beautiful a icille ind has er qualities but its value must depend wholly upon the uses to which it can be applied value does not exist in any object and therefore th there is no such thing as intrinsic value if there is no demand for a specific thing that thing has no value if value wis intrinsic in articles it would remain intrinsic whether people wanted tl em or not it the silver dol lar relatively to tl e gold dollar has lost 20 per cent be proper to say tint the silver dollar las lost or that 11 e gold dollar has gained 20 per beut in intrinsic value ahe of alo talks about tie in erlna c value of gold and silver mar summon 10 nis HIU a i n L arii sia a u aid exists all the college professors and writers on political economy in europe and america and they would search in vain for the intrinsic value of pounds of eitl er silver or gold n ey t by way of compromise for tl e lime being agree upon 11 air inter value ellch is wholly ex ani sic and dei ei del t upon U e law of demand rod sui ply 11 d tl e edict or fiat of government ith one blo v of hie 1 ammer you may knock out tl e ible value of a silver dollar but you cannot atteck its intrinsic value ou cannot knock out the value of a gold dollar for tl e reason th tt tl e covern mer t will take tl e fragments di d receive tl em without expense to you if tl ey would treat the bruised silver dollar as it does tl e gold doll r its ex chiai e wo ild be restored to clial it was before tl e blow was given axes tie exchangeable value of money of whatever material it li nd it all civilized governments would silver at at a given ratio to gold nobody would doubt that tl e ex chai geible value of silver would ampre chate its sl value would not be changed one biot i I 1 here is 1 one thing tl tt gives rooi ey its v alue a id that is ita purchasing power aid Is determined by alie 5 t of govern 1 he metal doll ir and the paper dollar the greenback green bick 1 living etch been clothed with the sin e purchasing ower have the sinie feel it beable value within the limits of the united bt ites t ln quller |