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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: 338
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

Matthew Bayan
Matthew Bayan is the only person in the world to die and be brought back to life 72 times. He is best known for his book, Eat Fat Be Healthy that describes this experience. Bayan however also had a very adventurous childhood and felt inspired to write down some of those memories after a high school reunion. This formed the backdrop for his coming-of-age mystery, The Firecracker King. As our Author of the Day, Bayan tells us all about it.
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