Speech At Jefferson Ga Aug 6 1895 PDF Download

Excerpt from Speech of Hon. Hoke Smith, at Jefferson, Ga;, Tuesday, August 6, 1895 As long as gold, either from its intrinsic superiority as a metal, from its rarity, or from the prejudice Of mankind, retains such a prominence and value over silver as it hitherto has, a natural consequence Of this seems to be that its condition will be more stationary. The revolutions, therefore, which may take place in the comparative value of gold and silver will be changed in the state of the latter rather than that of the former. That species Of coin, Spanish silver dollars, has never had any settled or standard value, according to weight or fineness, but has been permitted to circulate by tale without regard to their advantage as a mere money of convenience, while gold has had a fixed price by weight and with an eye to its fineness. The greater stability of value of the gold coin is an argument of force for regarding the money unit as having been hitherto virtually attached to gold rather than to silver. Grains Of fine gold have corresponded with the nominal value of the silver dol lar, without regard to the successive diminutions of its intrinsic worth. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.