Our Gold Supply

Excerpt from Our Gold Supply: Its Effects on Finance, Trade, Commerce and Industries The question Of Our Gold Supply is one that does not, I think, require any apology for its introduction. To all sections of the civilized world it is a matter of paramount importance. As the supply of gold can only be maintained or increased but from one source, that is, gold mining; the remarks I have made, being the result of careful consideration of the subject and a long practical experience of gold mining on some Of the chief gold fields Of the world, will, I trust, be the means Of creating a little more interest in the development Of an industry which SO materially affects Finance, Trade, Commerce and Industries. The marvellous advancement of the world's progress in one generation will for ever mark a most important epoch of history - for never again is it likely that any great discoveries of gold will create the wide-spread thrill Of excitement and that spirit Of adventure which were created by the gold discoveries in California and Australia. The magic words Gold l Gold! Were heard on every Side, and Off for the Gold Diggings became at once the hope and determination of many thousands of the most enterprizing young men of the day, who soon congregated on the world famed Eldorados. The word Eureka was echoed from hills and valleys where the rich deposits of the precious metal had been found. The discoveries Of gold gave a vast stimulus to Finance, Trade, Commerce and Industries in England. Vessels were freighted from every port with merchandise and passengers to the land of gold - the gold fever permeated all ranks and classes of society, and as vessels returned from the Shores of California and Australia, freighted with large quantities of gold and wealth-laden adventurers, the rage for emigration was kept up, and a stream of living humanity was poured in upon the golden Shores of countries destined to be populated by millions, where had previously reigned almost Silent solitude. The wonderful changes that I have witnessed in the features of countries, converted, as by a magician's wand, from dreary, open dry plains, the solitude of sweet-scented fertile valleys, or the stillness of densely-timbered forests, into thriving cities, towns and settlements through the all-powerful influence of gold, have induced me to give some attention to the subject, and In, what I am aware is but an imperfect way, to endeavour to draw public interest to the question of Our Gold Supply and Its effects on Finance, Trade, Commerce and Industries. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Why Gold? explains how our crises of unemployment, business failures, healthcare, bail outs, inflation, federal debt, and big government are intentionally created by the government using inflation, the fractional reserve banking system, and deficit spending (a scheme for the hidden confiscation of wealth) made possible by the Federal Reserve. The Federal Reserve has usurped power and control over our country. The Fed has caused severe boom and bust periods through its monetary policies. Inflation cannot be a permanent policy because it must result in a complete annihilation of the dollar. This country cannot remain free if the Federal Reserve is permitted to exist. Why Gold? explains why the Constitution made only gold and silver money. The gold standard is the best proven method to ensure economic and political freedom for America. Leslie Snyder Bates simplifies the understanding of gold, money, and freedom. Why Gold? offers a plan for economic stability through a successful return to the gold standard. Without returning to the gold standard, Bates asserts, inflation will cost us our freedom and individual rights.

The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)