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The Coinage of Silver; A Catechism of Bimetallism for Legislators to Ponder Over (Paperback) Loot Price: R265
Discovery Miles 2 650
The Coinage of Silver; A Catechism of Bimetallism for Legislators to Ponder Over (Paperback): Everett D. Stark

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The Coinage of Silver; A Catechism of Bimetallism for Legislators to Ponder Over (Paperback)

Everett D. Stark

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Loot Price R265 Discovery Miles 2 650

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1889 edition. Excerpt: ...as I gladly, nay, proudly, do, all that can be claimed for lessened cost of production, I still insist that that is no justification of the increase of the purchasing power of money. Not one jot of that increase belongs to " Dollar." Enough, if it will buy as much of useful things as it did before these inventions. All the increased efficiency they have given belongs, not to money, but to the labor and enterprise giving the increase. A money that absorbs into its maw, if not all, then a large part of that increase is the guilty cause of the inequitable distribution of our rapidly increasing wealth. The industrial strain is not properly a contest between the rich and the poor, the debtor and creditor, the laborer and the capitalist, or either of them and the enterpriser, nor employer and employee. It only seems so, and may take that form just as a diseased condition of the body will break out at an old hurt or accidental scratch or strain. It is a contest between one form of investment and another form: rather it is a mal-adjustment, a dislocation of proper relation of money to goods. It is a difficulty caused by the legal impartation to money, of something that disqualifies it for its supreme function of valuator, and makes it the most advantageous mode of investment, imparting to it the power of increase different from the legitimate one of interest-drawing; so that it seems to increase in idleness at the expense of every other form of property. Not the enhanced burden of debt, public and private, --though that is fair ground of complaint, but not that chiefly. It is because aft appreciating money is a plethoric, a sluggish money, refusing to function in the beneficent use of equitable transfer and re-transfer of goods, but instead...


Imprint: Rarebooksclub.com
Country of origin: United States
Release date: July 2012
First published: July 2012
Authors: Everett D. Stark
Dimensions: 246 x 189 x 1mm (L x W x T)
Format: Paperback - Trade
Pages: 20
ISBN-13: 978-1-154-56993-3
Categories: Books
LSN: 1-154-56993-4
Barcode: 9781154569933

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