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Pastimes : Book Nook
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To: Thomas M. who wrote (81)3/27/2001 2:56:34 PM
From: Ilaine  Read Replies (2) of 443
 
In a free market the price of everything is subject to market forces. Fixing any one of them causes market distortions. Remember William Jennings Bryant and his "Cross of Gold" speech?

>>The continuance of the "present gold
standard" means:
Ruin;
Rage;
Riots;
Debts;
Crime;
Strikes;
Tramps;
Poverty;
Mortgages;
Hard times;
Sheriff sales;
More panics;
Less churches;
Close factories;
Business failures;
Fewer preachers;
More soup houses;
Homeless families;
A debauched ballot;
Twenty-cent wheat;
Less improvements;
Uneducated children;
Suffering and misery;
Crowded alms houses;
A dearth of marriages;
Two-dollars-a-ton hay;
Idleness and stagnation;
Two-cent-a-pound hogs;
Five-cent-a-pound butter;
Ten-dollars-a-head mules;
Falling prices for all product;
Hungry women and children;
Ten-cent-a-bushel potatoes;
Pauper prices for vegetables;
Two-dollars-and-a-half horses;
A contraction of the currency;
A dear dollar and a cheap man;
Twenty-five-cents-a-day labor;
Half clothed women and children;
Coxey armies marching through the land.
--People's Party Paper, 16 October 1896
(reprinted from Times-Democrat, Idaho)<<

iberia.vassar.edu
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