Money: Speech of Hon. John P. Jones, of Nevada, on the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890Jones, John P. (John Percival)
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Money: Speech of Hon. John P. Jones, of Nevada, on the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890
Jones, John P. (John Percival)
Silver question -- Speeches in Congress
The New York Tribune is pretty good authority. These figures are
undoubtedly from the calculations and from the pen of Mr. Grosvenor, of
the editorial staff of that able journal, formerly editor and proprietor
of the "Public," whose estimates of prices have, in my judgment, been
more correctly made than those of any other statistician in the world.
The article is as follows:
Quotations of about two hundred articles are compared since 1860,
and the amount of money is ascertained which would purchase,
at different dates, of these various articles, quantities
corresponding as closely as possible to their ascertained
consumption in 1880, the date of the last census. Among the
articles compared are wheat, corn, oats, rye, barley, beans and
pease, mess pork, bacon, ham, live hogs, lard, fresh beef, tallow,
live sheep, poultry, butter, cheese, eggs, milk, hay, potatoes,
turnips, cabbage, onions, apples, raisins, sugar, brown and
crushed; molasses, coffee, tea, tobacco, whisky, malt and hops,
mackerel, codfish, salt, rice, nutmegs, cloves, pepper, cotton,
print-cloths and standard sheeting, wool of different qualities,
blankets, carpets, flannels, leather, boots, shoes, hides, silk,
India rubber, iron (pig and bar), nails, steel rails, coal, oil
(crude and refined), tin and tin plates, copper, lead, hemp,
lumber, spruce and pine, oak, ash, walnut, and white wood, lath,
brick, lime, turpentine, linseed oil, soap, glass, paper, white
lead, and twelve other kinds of paints, fertilizers, and over
fifty kinds of drugs and chemicals.
_Cost of products at different dates._
Public-domain text, read in full here on John Shaqi.
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