Word: capita
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...taxation; (b) it has protected certain manufacturers; (c) it has given bonnties to sugar trust (Lloyd's Wealth vs. Commonweath, 9-30). (3) Single gold standard; (a) it has caused fall of prices of commodities; (x) caused contraction of currency; (m) thrown silver out of use (n) though per capita circulation is as great as in 1873, this does not prove much; (1) business has increased more rapidly than population; (b) it has caused fall in the price of silver, (1) this depends mainly on supply and demand. (Mill Book 3, ch. ix.) (2) Demonetization has decreased demand...
...money. (a) Before 1873 only six million dollars had been coined (Report, Director of the Mint, 1895). (2) The demonetization of silver has not caused a scareity of money. (a) The total circulation has increased since 1873-1873, $774,000,000; 1895, $2,217,000,000.- (b) The per capita circulation has increased-1873, $18.04; 1895, $22.96;- (Report as above.) (c) Gold has increased-1873, $25,000,000; 1895, around $450,000,000;- (Comptroller Eckels) (3) There has been no undue appreciation of gold since 1873. (a) Prices have fallen because of other reasons. (x) In manufactured goods because...
...Principles of Populist Party are unsound on currency: Platform in World's Almanac, 1893, p. 83.- (a) They demand free and unlimited coinage of silver and gold at the present legal ratio of 16 to 1.- (b) Demand immediate increase of circulating medium to $50 per capita.- (c) Abolition of national banks.- (d) Adoption of the Sub-Treasury scheme and the Land Loan scheme of the Farmer's Alliance; World's Almanac...
Surely the slight matter of expense cannot be urged against these changes, especially since the cost per capita of the Gymnasium is, as Dr. Sargent says, lower than ever before...
...best substitute suggested, Mr. Harter's plan, is not feasible. (a) It would be unwise to have bank-notes secured by bonds of states, municipalities, or railway corporations. (b) The per capita restriction would be of no effect...