The Standard of Value. 



" No principle of political economy is better established than that the 

 producing classes are the first to suffer and the last to gain by monetary 

 changes." * 



Let us hold unswervingly to the maintenance, inviolate and unvari- 

 able, of our standard of value, as we recognize the importance and the 

 duty of doing with our standard weights and measures. A twenty- 

 seven-inch yard stick, and a twenty-four-quart bushel, are as desirable, 

 as reasonable and as honest as a nine-penny shilling, or a seventy-five- 

 cent dollar. 



♦Speech 5th June, 1890, in United States Senate, page 26. 



