Abstract

Editorials

The article presents information on various socio-economic developments related to the U.S. If silver shall go back again to 59 or 60, the point at which it would circulate at par with gold-as seems now not at all improbable, it will be very interesting to watch the effect on the various advocates of remonetization. It will be remembered that silver stood at this point when the double standard was abolished by the Act of 1873, and that at the time it was passed there was not, and had not been from 1862, any silver in circulation in this country even as small change. In another development, it is no great exaggeration to say that there is, since the wide diffusion of the suffrage, a perceptible leaning in favor of personal government among the wealthy and well- to-do classes-that is, the classes who have made money and want to enjoy it in an easy, elegant, and secure way.