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If Not Silver, What?

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Published: 1896
Language: English
Wordcount: 28,710 / 91 pg
Flesch-Kincaid Reading Ease: 69.1
LoC Category: PN
Downloads: 339
Added to site: 2005.07.17
mnybks.net#: 10776
Genre: Essays
Excerpt

lue on Lake Superior?

=Well, if what you say be true, there is no intrinsic value in any of the precious metals, and we cannot have an invariable standard of value at all.=

No more than an invariable standard of friendship or love. Value is, in fact, a purely ideal relation. All this talk about an invariable dollar which shall be like the bushel measure or the yard stick is the merest claptrap. The fact that gold men stoop to such language goes far to prove that their contention is wrong. The argument violates the very first principle of mental philosophy, in that it applies the fixed relations of space, weight, and time to the operations of the mind. Would you say a bushel of discontent or eighteen inches of friendship? Men who compare the dollar to the pound weight or yard stick are talking just that unscientifically. Invariable value being an impossibility, and an invariable standard of value a correlative impossibility, all we can do is to select those commodities which vary the least and use them

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Author of the Day

L.E. Fraser
Raised on military bases, L.E. Fraser's introduction to unique people and experiences fed a lifelong desire to write. Her books are full of thrills, interesting characters and unexpected twists. Skully, one of her Perdition Games books, is no exception. As our Author of the Day, Fraser tells us all about this book and how she follows her characters during the writing process in order to create interesting stories.
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