Munson Phonographic News and Teacher Volume 11-12. Books Group
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Author: Books Group
Number of Pages: 36 pages
Published Date: 01 Mar 2012
Publisher: Rarebooksclub.com
Publication Country: Miami Fl, United States
Language: English
ISBN: 9781130402483
File Name: Munson.Phonographic.News.and.Teacher.Volume.11-12.pdf
Download Link: Munson Phonographic News and Teacher Volume 11-12
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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. 1897 Excerpt: ...(as well as) in gold standard countries, 16 ounces of silver are worth only about one-half (as much as) one ounce of gold, (and will) purchase only about one-half (as much) (of the) necessaries of life. (1 am) here (to insist) (that the) mints (of the United States), (which were) constructed (and are) maintained and operated (at the) expense (of all the people), (shall not be) used (for the)exclusive benefit (of the) owners of silver bullion (under a) law (giving them) the right (to have) 51 and 52 cents worth (of their) silver coined free of charge and stamped (as a) dollar, and compelling you (and all) others (to receive) it (from them) (as a) dollar. (All the) mints (of the United States), operated (to their) full capacity, and doing (no other) work, (could not) coin into standard silver dollars two-thirds (of the) annual production of silver (in our own) country, but, notwithstanding this, (it is) seriously proposed (to offer) free coinage (to all the) silver (in the) world) (at a) legal valuation almost double its commercial value (in the markets (of the) foreign countries (where it is) produced. After struggling (for more than) a quarter (of a) century through labor organizations and otherwise, (to secure) a rate of wages (which would) make the proceeds (of a) day's work equal to the) cost (of a) day's subsistence (for the) workingman (and his) family, (you are) asked (by the) advocates of free coinage (to join) them in destroying one half the purchasing power (of the) money (in which) (you are) paid and impose upon yourselves the task of doubling the nominal amount of your wages hereafter; (that is), (to struggle) (for another) quarter (of a) century, or perhaps longer, (to raise) your wages (in a) depreciated currency (to a) point (which will) enabl...
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