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Best general references: Quar. Jour. of Econ. Jan. '88 p. 184-185; Jan. '89 p. 177 et. seq.; Jan. '90, p. 158-171: Pol. Sci. Quart. Sep. '87, p. 374 et. seq.: Hadley, Ry. Transportation pp. 74-76, 91-97, 143-145; Interstate Commerce Commission Reports I: 307-312; II: 434 et. seq.; III: 394 et. seq.; IV: 351-358: Senate Reports 1st sess. 49th Cong. 1885-86, III part...
...Single gold standard would give rise to great evils. - (a) Would depress trade and industry: Amer. Jour. Soc. Sci. XXXII, 27. - (1) On a gold basis, the amount of money could not increase with the growth of population and business. - (x) Supply of gold is insufficient: Report of U. S. Monetary Commission of 1877, p. 15; Pol. Sci. Q. VIII, 211. - (2) Contraction of amount of money means lower prices: Mill, Pol. Econ., book III, ch. 8. - (b) Would injure the debtor class. - (1) They would have to pay in an appreciated currency: MacVane, Pol. Econ., 123. - (c) Would injure...
...silver as money is most desirable. - (a) Silver and gold the only suitable money metals: Mill, bk. III, ch. 8. - (b) Gold is insufficient: see above I, (a) 1. - (c) Silver in relation to commodities a more stable standard than gold: Amer. Jour. Soc. Sci. XXXII, 27; Sen. Stewart in Cong. Record, XXV, App. 158-159 - (d) Silver and gold together a non-fluctuating standard: McCulloch, p. 21. - (e) Silver will eventually become standard money metal of the world. - (1) Exhaustion of gold mines. - (2) Increased use of gold in the arts: Suess, 100-101. - (f) Present suspicion of silver...
...practical. - (a) It has been successful as far as applied in England: Forum XII, 762. - (b) Its principles have long been in use in Germany: Quart. Jour. Econ. V, 6-22. - (c) It is the cheapest method of caring for vagrants: Forum XVII...
Best general references: Wm. Booth, Darkest England; Church Quar. Review, XXXII, 223-247; Contemporary Review, LX, 253-261 (Aug. 1891); LXII, 59 (July, 1892); Forum, XV, 753-766 (Aug. 1893); J. A. Riis, How Other Half Lives; Quar. Jour. Econ. VI, 63-65 (July...