Anti-slavery bugle. [volume] (New-Lisbon, Ohio) 1845-1861, 1858-10-23
From The New York Courier and Enquirer, oct. 9Th.
A LECTURE ON MONEY.

a 1GClUhE 2, OH MbNEH,
The first Of a series Of lcc,urcs by Mr.. De Cordo.
va, was delivered last evening at Cliuton Hall, tc
a large and approaching audience.
The subject Of the Introductory lecture was Nom
eN' lie confessed that beyond his own theoretical
IDEAS and somewhat romantic imaginings, he knew,
nothing whatever of money. But every man has
Imagination where money is the themO. The great
ruling monarch Of tho world is King Cash the
First and Last. The very ones who pretend most
to despise him are in truth his most seryile worr
shippers. At his nod millions fight: nations wal
with each other the ather is at variance with the
son. and too often both father and mother barter
the honor and peace OF the daughter in obedience
to his inexorablc olicts. Some STYLED Cotton King,
Out II is Out a mere usurpation, for Cotton owes it's
III Importance alone to King Cash. Cotton is barely
respectable. For him many men yield up their
reputation; their health, their lives women turn
aside from right; the deepest miseries, and the
most Infamous crimes arc the results of his sover,
eighty. How we hate him. But be comforts the
afflicted, erocts %asylums and hospitals, POUNDS in.
slitutions Of science and art and learning. rears
churches and school houses, and gives to society
its cultivation, its elogancies, its comforts, and its
tuOusahu BTaCcS ana altractlOns. low we love
him.
Money owes its origin to the necessities of soci-
ETY.. There were days when medallion coin, bills
of exchange, %promisory notes and bank bills were
unknown. But as civilization increased, these va.
rious means for facilitating exchange at different
periods in history were instituted. If money has
developed mans worst passions, it has also tended
immeaSurably to his advancement and civilization.
Mankind felt at an early period the necessity Of
some means for the exchange Of its supcrfuities
in order to crafty some real or imagined want
In these transactions it is barely possible that SO
little cheating was INDUCED in. Jacob contracted
to labor for Laban during seven years "for and in
consideration Of his daughter Rachel. AT the
termination Of the stipulated period Jacob demand
ed payment. But Laban palmed off the elder in
the dark. and the deluded swain was forced to la,
Dor another seven years for his Rachel. But Ja-
cob in the affair of the s~peckeled sheep fully repaid
his sharp father.in-law. With the increase of pop,
ulation and its tendency to naturalization, new
wants and necessities were developed. Coins with
stamped surfaces were made use of. But not un.
til the time Of Servius Tullius $50 B.. C. did the
Romans establish a currency which answered to
our present idea Of money. The word money, Pc
cunia, was derived from the word pecus siguifying
a flock. Diomed's armcr was paid for in oxen.
Even at the present time the skins of animals are
our continent. In Abyssinnia salt is the only
means cf exchange. In proportion as articles OF
exchange were increased the thing by which such
a mutation could be effected was diminished 10 bulk
and weight. Copper was the only coin in use
among the Romans for a long period.
Not till $50 B. G. was gold an article of curIen.
cy among the Romans. After gold came paper
money, and with it what new financial terms, what
new books, of monetary systems has it given rise
to? Extensions of Facilities" Hauling H.,
Pulling Out" Bursting Up" Crisis" "Uni.
versal Smashes." The many disastrous consequen,
ces which have followed the introduction of paper
into the worlds currency are not necessary results,
they are Attributable to the abuse of its facilities.
As mmer infused into the worlds life a greater
vital energy and extended almost illimitaJly traf
fc and trade, it Il ecame more necessary that mon.
cy should be compressed into the least possible
bulk. But the facilities of Exchange which the
establishment of paper produced, were not sufi.
cient. Banks are instituted. The Bank of Eng
land was established in 1904. William Patterson
first organized it. To-day the pulsations of the
Old Lady of Threadneedle are felt throughout the
full extent of the Commercial world. In 1852
twenty-five and a quarter millions of dollars were
stored away in its strong fastness. Twelve hun
dred clerks watch over it by day, and a guard of
hundred armed men keep it safe by night.
If the Bank of England is as dear to John as hi,
right eye, the Consols are egg rded with as mucl
affection as his life. When Consols go down
stock in the Erie Railroad, or in the Tea and Toas
Extension Company also depreciate. But bank
were not sufficient. Clearing Houses were estab
lished in England in 1875, about the time that an
other KIND Of clearing was instituted on this CONT
nent. CHANGING at the influence money has upol
national and individual character, the Jew instan;
ly appears before us. Yankees have also won
name for their idolatry of money. They hay
been said to have been guilty of selling nutmeg
which were not nutmegs, oats which were no
oats, and white pine hams. Whether they wer
guilty of such misdemeanors we know not. Blu
be did know that nowhere were institutions O
learning, of science and art, more munificentl
endowed no where were there men of more intel
lectual worth; nowhere did there exist a NOR
generous hospitality than was to be found within
the limits of New England. Mr.. c. went on t
say that a knowledge of the way in which :
spend money was Of the first importance. Aster
Cooper and Girard had clearly indicated the bes
way Of spending superlatve wealth. None,
could not restore health wasted in dissipation
bring back departed honor, nor consecrate crime
The command to us to lay up for yourselves treas
ures in Heaven still remains to US. Such bank
Of deposit can be found in every wretched HON
of poverty, its teilers in every child of want.