. Review of reviews and world's work. based upon anapparent average decline in the prices of staple THE PROGRESS OF THE JVORLD. 13 commodities, as measured Ly gold l)ullion, thisbeing taken to indicate tliat gold was becomingscarcer and more costly. The evidence to sup-port this contention is by no means conclusive,nor has it been strengthened very much by thecourse of prices within the past few yeais. ]t isperhaps true to say that the greater part of thepeople who, a few years ago, felt themselves tol)e personally the losers by virtue of the main-tenance of the gold standard, have now so ad-j
. Review of reviews and world's work. based upon anapparent average decline in the prices of staple THE PROGRESS OF THE JVORLD. 13 commodities, as measured Ly gold l)ullion, thisbeing taken to indicate tliat gold was becomingscarcer and more costly. The evidence to sup-port this contention is by no means conclusive,nor has it been strengthened very much by thecourse of prices within the past few yeais. ]t isperhaps true to say that the greater part of thepeople who, a few years ago, felt themselves tol)e personally the losers by virtue of the main-tenance of the gold standard, have now so ad-justed their affairs that any radical change wouldprobably liurt them more than it could helpthem. Speaking in general, the farmers are ina position far more favorable than that whichthey occupied in 1896 ; and periiaps no class oflegitimate producers and business men can bet-ter afford to take their chances on the futureeffects of the firm rnahitenance of the single goldbasis in this country than those who own andcultivate the HON. JESSE OVEKSTKBET, Of 1NUIA.\.\. (In charge of House currency bill.) r^ u n-,, A special rule of the House of Repre- The House Bill ^ . i, n ,> , , ? ,. i Passed on sentatives called lor the closing ot theDecember J8. j^^^^g ^^ ^j^^ Currency bill on Mon-day, December 18. Mr. Oversti-eet, of Indiana,who was in charge of the bill, accordingly on thatdate called for the ayes and noes, and the roll-callresulted in its passage by a vote of 190 to Democrats, six of whom were from NewYork, voted in its favor. No Republicans votedagainst it. Evidently there has come about a very striking change in Republican sentiment, asshown in this mere fact that every Republicanmember of the House has deliberately placedhimself upon an uncompromising gold standardplatform. The Senate will debate the bill at con-siderable length, and will doubtless pass it in aform different enough so that a week or two ofconference will be required to give the measure
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Keywords: ., bookcentury1800, bookdecade1890, bookpublishernewyo, bookyear1890
