Excerpt from Gold, the Further Rising of Prices and the Coming Financial Storm
Every American should now prepare his mind for the coming financial storm. The crisis of 1907 is but the prelude. It is the token of a greater and more destructive blow. The present discussion of high prices and the rising cost of living begins the opening of a great and profound movement which is to dominate not only the thinking of the American people, but that of the entire civilized world. In the formulation and solution of this great world problem of finance, the American people by their natural position are compelled to take the lead.
Rightly to understand this question, a point of view must be assumed such that the greater factors of the problem van be seen in their proper working relations. Their program of operation must be plainly discerned and its necessary order of development must have a rational scheme of interpretation.
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