THE REMEDY. 741 



products amount annually to $1,000. He pays for labor 

 $250, interest on his mortgage, $100; freight on products 

 sent to market, $150, leaving for his own labor and the 

 use of farm, tools and machinery, $500. Double the vol- 

 ume of money, and his farm products would be worth 

 $2,000, the pay for labor would of coiirse be double, or 

 $500, interest on mortgage would remain at $100, freight 

 on the products would remain the same as it goes to pay 

 fixed salaries and interest, which would leave for the use 

 of the farm and the labor of the owner, $1,250 instead 

 of $500. 



u But suppose that A is a laboring man instead of a 

 farmer, and that he works by the day. He has two hun- 

 dred day's work in the year at $1,25 a day, earning $250. 

 He pays $100 of this for clothing, shoes,' sugar and school 

 books, $60 of which is the price of the goods and $40 is 

 tariff tax he pays. Then he has rent to pay $5 a month 

 $60, leaving the princely sum of $90 for all other ex- 

 penses of himself and family. But in doubling the quan- 

 tity of money in circulation, the speculative spirit of men 

 having money, or the - ability to obtain it, has been stimu- 

 lated and A gets three hundred and twelve days work in 

 the year, if he desires it, and $2 a day, giving him $624, 

 an increase of $374. His bill for clothing, shoes, sugar 

 and school books would of course be increased but his 

 tariff and other taxes levied to pay interest and fixed salar 

 ries would remain unchanged, so that after paying all 

 these increased expenses, he would have remaining about 

 $300 instead of $90. 



"It should be remembered that there are at least 

 1,600,000 laboring men constantly unemployed in the 

 United States, because of the insufficiency of money em- 

 ployed in the active industries to give them work. If the 

 million and a half of men had work every day, at only one 

 dollar a day, it would be $-9,000,000 a week paid to labor, 



