INDEX.

Alison, Sir Archibald, coinage has no effect in preventing fluctuations in value of coin, [42]
effect of suspension of specie payments in England in 1797, [78]
Allegory of the clocks, [50]
American Review, effect of increasing volume of money, [8]
Automatic system of money, gold and silver, [9]
why interfered with, [18]
Appleton's Cyclopedia, definition of money, [67]
Aristotle on Money, [66]
Balance of trade, the argument based on, [96]
Banker's advice to the Usurer, [70]
Baring, Alexander, a reduction of paper would have the same effect as of any other money, [78]
Bastiat, description of the crown piece, [68]
Baudeau, on Money, [66]
Behren, Jacob, opinion as to effect of gold standard in England, [23]
Berkeley, Bishop, queries as to Money, [67]
Best Money (truthfully so-called), a money of unchanging value in the unit, [70]
Cairnes, Prof. J. E., relations of paper currency to foreign exchange, [98]
Cattle, estimate of value in 1880, [4]
Cernuschi, the purchasing power of money is in direct proportion to the volume of money existing, [77]
Checks and clearing houses, their effects in economizing use of money, considered, [46]
Chevalier, in France, advocated demonetization of gold, [20]
Circulation, present monetary, [75]
Coal, yield for 1888, [4]
Condition of country at present, [3]
at period of demonetization of silver, [26]
Competition, the value of money fixed by the competition to get it, [73]
Cotton manufacturer, his loan of $10,000, payable, principal and interest, in cloth, contrasted with loan of same amount contracted by his neighbor, but payable in dollars, [72]
Cotton-planters, their loss by demonetization of silver, [60]
Crawford, William H., opinion as to effect of decreasing volume of money, [7]
Creditors, demand for the "Best Money," meaning a money of increasing value, [69]
their course in Europe to increase value of gold, [19]
their course in United States to increase value of gold, [27]
the pretense in the United States to "strengthen the public credit", [28]
Crops for 1888, corn, wheat, oats, and cotton, [4]
Debt, a distinguishing characteristic of civilization, [35]
a, of $10,000 contracted in 1873—how much wheat, cotton, etc., would pay it then and how much now, [57]
Debtors, who are they, [35]
and creditors, their motives compared, [34]
De Colange, Professor, the rate at which money exchanges is determined by its quantity, [77]
Demand for money, what it is, [73]
Demonetization of silver, by England, [22]
by Germany, [16]
by United States, [26]
wholly unjustifiable, [28]
De Quincey, in England, advocated demonetization of gold, [20]
Difficulty, one symptom common to all industries, [5]
Discussion, educational effect of, [29]
Double standard, statement of, before French Commission, [22]

Dumas, a Senator of France, pleads for caution before demonetization, [17]
Economist (London) admits rise of gold, [44]
Effects of shrinking volume of money (extract from report of Monetary Commission), [36]
Encyclopedia Britannica, effect of fall in the value of money, [8]
England's position not due to gold standard, [25]
Failures in United States, 1887, 1888, and 1889, [49]
Fall of interest on gilt-edged securities, a proof of rise of gold, [48]
Farm, how it may be lost by an increasing value in the money unit, [70]
Farmers, their loss by demonetization of silver, [60]
Farms, estimate of value in 1880, [4]
proposition that the Government lend money on the security of the land, [83]
Fanchet, Léon, probable effect, should all European nations follow England in discarding silver, [17]
Fichte, the value of money depends on its quantity, [76]
Flood of silver, where is it to come from?, [108]
France, law of 1803 held metals at a parity till 1873, [16]
Frewen, Moreton, extract from his "Economic Crisis", [30]
Gallatin, Albert, a metallic currency not indispensable, [77]
Germany, emigration from, [25]
Gibbs, Henry H., cablegram relating to bimetallism, [29]
Giffen, Robert his reasoning erroneous that the commodity demand fixes the value of gold, [81]
Gold and silver, both variable in value, [41]
the world's supply of both, [101]
Gold, ratio of, to silver at various periods, [13-16]
fall of, during times of Alexander and Cæsar, [14]
fear of fall of, during California excitement, [19]
rise of from 1873 to 1889, [44]
proof that it has risen, [55]
some effects of its rise, [57]
proposition first made to demonetize it, [19]
demonetized in 1857 by German States and Austria, [20]
fear of an outflow of, [85]
rationale of the outflow of, [86]
value as money not derived from commodity use, [81]
Goschen, George J., chancellor of exchequer of England speaks for, but decides against, silver, [24]
Graham, Sir James, the value of money is in the inverse ratio to its quantity, [77]
"Greenback", the, what gave it value?, [105]
Gresham's law, and so-called "extension" of, [68]
Gold standard, what it implies, [90]
statement in behalf of, before French commission, [22]
of the future, [92]
Gold used in the arts, [103]
Gold money, practically none in the United States, [95]
Hamilton, Alexander, effect of annulling use of either metal, [16]
Houses in United States, estimated value in 1880, [4]
Hume, David, contrast of conditions under increasing and under deceasing volume of money, [7]
value of money depends on quantity, [76]
Huskisson, William, if the quantity of money is increased the value of commodities increase, [77]
Improved methods of production, their effects considered, [45]
India, will remonetization place us "alongside?", [32]
International agreement: is such agreement necessary to tie the metals together, [109]
Involuntary idleness, enormous loss of potential wealth, through, [61]
Iron, pig: Yield for 1888, [4]
Jefferson, Thomas, "the unit must stand on both metals", [17]
Jevons, Professor: The metals not so steady a standard as corn, [42]
inconvertible paper money, if limited in quantity, can retain its full value, [77]
Jevons, on Money, [66]
table of relation of general prices 1809 to 1849, [40]
Laughlin, Professor, "the name 'dollar' does not always have the same value", [42]
Laveleye, Professor, "Debtors have a right to pay in gold or silver", [18]
Law, what is claimed for it, in keeping the metals together, [110]
of France held the metals together from 1803 till demonetization, [110]

Legal-tender: All money should have this power, [71]
Locke, John, both gold and silver variable in value, [42]
on Money, [66], [76]
McCulloch, J. R., "Money is a measure of value", [71]
were there perfect security against over-issue of paper money, the metals might be dispensed with, [78]
McLeod, on Money, [66]
Materials used as Money at various epochs, [10]
Machiavelli's reference to the brigands, [57]
Massachusetts Bureau of Labor: Deductions from its reports as to numbers of the unemployed, [61]
Mill, James, the value of money depends on its quantity, [76]
Mill, John Stuart, on Money, [66]
the value varies inversely as its quantity, [76]
Mining States: Their interest in remonetization of silver, [58]
Monetary Commission Report: Quotations from, as to new school of financial theorists, [18]
Money demand, not commodity demand, gives gold its value, [81]
effect of reduction in volume of, [6]
effect intensified as civilization advances, [6]
a glance at the history of, [9]
substances used as, at various epochs, [10]
the money-function the all-sufficient guaranty of the money value, [79]
where is the future money to come from, if silver remains demonetized, [79]
—what is it? Its value not in the material but in the stamp—in the legal-tender power conferred, [65]
should be redeemable in all things, [104]
valuable rather for the important service it performs than for the material of which made, [80]
question a question of prices, [80]
what is the demand for it? what the supply?, [73]
no alternative for it, [74]
the most potent instrumentality in the evolution of society, [74]
National money, as distinguished from international money. Advantages of national money, [99]
Newspapers, number published in United States, [4]
Non-mining States, their interest in remonetization of silver, [60]
Overstone, Lord, "The value of a paper currency results from its being kept at the same amount the metallic currency would have been", [78]
Panics, impossible if all money were legal tender, [71]
Parity of the metals: Can the United States alone hold them together?, [109]
Paulus (author of Pandects): Power of money dependent not on substance but on quantity, [77]
Playfair, Sir Lyon, uses the argument that England is a creditor nation, [23]
Population, Money should increase in a ratio not less than the ratio of increase of, [75]
Price, the index of the value of Money, [8]
Price, Bonamy, on Money, [67]
Prices, what produces a general fall of, [5]
fall of, in United States since 1873, [38]
relation of general prices, 1809 to 1849, Jevon's tables, [40]
relation of general prices, 1849 to 1885, Soetbeer's tables, [41]
Progress, evolutions of, in Money, [9]
Prophecies of gold advocates unfulfilled, [30]
Protection, its effect on prices, [88]
Quantitative theory of Money, The value of each dollar depends on the number of dollars out, [75]
Railroads, number of miles in United States, [4]
value in 1880, [4]
Ratio of precious metals from earliest times to Christian Era, [13]
Christian Era to discovery of America, [14]
discovery of America to 1822, [15]
1823 to 1889, [16]
Ricardo, use of the metals as a standard, [43]
the value of money in a country depends on the amount existing, [76]
there can be no depreciation of money but from excess of quantity, [76]
his views as to a "well regulated paper currency", [78]
Rothschild, Baron, opinion of bimetallism, [17]
Rouland, M., governor of Bank of France, opposed to demonetization, [17]

Royal Commission of England, extracts from report of, [23], [110]
Sauerbeck on general price (those of 1887 the lowest for one hundred years), [41]
Seventy-two cent dollar, the, [92]
Seyd, Ernest, effect of increasing money volume, [8]
Silver, ratio of, to gold, at various periods, [13-16]
declared unfit to be used as money, [21]
objections to, considered, [21]
the motive for demonetizing, by England, [21]
the motive for demonetizing, by Germany, [24]
the motive acknowledged, [23]
and gold both variable in value, [41]
—has it fallen?, [49]
purchasing power in 1873 and 1889, [52]
prejudice against it as money arising from the idea that gold money has greater "intrinsic value." That question considered, [63]
shall we be flooded with it in case of remonetization?, [108]
the world's supply, [101]
If $2,500,000 a month for twelve years has not driven out gold, how much will do so?, [91]
Silver miners, their loss by demonetization contrasted with that of farmers and cotton-planters, [58]
Smith, Adam: Both gold and silver variable in value, [41]
Definition of a guinea, [66]
Soetbeer's table, showing relation of general prices 1849 to 1885, [41]
Standard: The true Money standard not the material of which money is made, [78]
Stewart, Dugald, on Money, [67]
Steel, yield for 1888, [4]
Suicides in Germany, [25]
Supply of money, what it is, [73]
Tabular standard suggested for time contracts as securing greater equity than gold, [43]
Thornton, Henry, on Money, [66]
Time contracts, their importance to industry, [6]
Torrens: The value of gold rises or falls as its quantity is diminished or increased, [77]
Treasury notes should not be redeemable in bullion, [104]
Possible effect of such redemption, [106]
Tribune (New York) quoted as to fall of prices, [39]
Unemployed, some statistics of the, [61]
United States, demonetization of silver effected in 1873, [26]
Usurer's loan on the farm, [70]
Waller's verse, [24]
Value, the meaning of, [63]
subjective, not objective, [63]
not "intrinsic", [64]
of money not in the material, but in the stamp—in the power of legal tender, [65]
money a measure of, [71]
Values, relative, of precious metals from earliest times, [13]
Wage-loss from involuntary idleness enormous, [62]
Walker, Prof. F. A., on Money, [66], [67]
gold and silver both variable in value, [42]
the value of money in a country determined by the amount existing, [77]
Wealth, national, estimated, [4]
Wolowski, M., effect of demonetization, [17]
Working masses entitled to better conditions, [57]
Yardstick, the lengthened, "rung in" on the cotton manufacturer, [73]

Transcriber's Note: Obvious misprints in spelling and punctuation have been silently corrected.

The original scanned images were not very clear, especially the tables with numerical values. This may have caused some inadvertent errors to creep in during the transcription process.