The Pamphlet Collection of Sir Robert Stout: Volume 4
France and the United States compared
France and the United States compared.
France, with industries compacted over not one-twentieth the area of this country, uses $48 per capita in making exchanges; and her amazing recuperation after devastating and almost annihilating wars proves the efficacy of her system. Our industries widely scattered over a vast territory occasion such delay in exchanges as to show the need of a large volume, yet the currency is less than $20 per capita. While it is admitted to be a superabundance for the present stagnation, it is sadly deficient for a safe basis of enlarged production.
If, to vitalize our wasted faculties, and infuse new life into industries now stagnated by the absorptions of capital, it should require $100 currency per capita, why should not the people accord their heartiest support?