Page:Coin's Financial School.djvu/115

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COIN'S FINANCIAL SCHOOL.
97

price, subject to supply and demand affecting property only. If a normal quantity of money on a sound financial basis is maintained, values of property, and debts with reference to the time of contraction and payment, will be equitably adjusted, and fluctuations in values will depend

GOLD UP, AND COMMODITIES DOWN.
GOLD UP, AND COMMODITIES DOWN.

GOLD UP, AND COMMODITIES DOWN.

on locality, and supply and demand of property, not money.

"At present the redemption money of the world in some countries is silver, and in some gold. Until recently the two were combined as primary money in most of the world under a law of free coinage, as we have before considered. Now silver is being destroyed as primary money, by a general movement that is deranging the