Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1874-10-27
THE FINANCIAL PROBLEM.
From the Richmond whig.l'

publicans are of one mind" This is SO, and
it results from the fact of the ignorance of the
country at large of the true nature and func>
tion of money. 1.-THE people understood that
money is not capital, but the representative
only of capital; is not priuate but public
thing is not, in the hands of any one, ab-
sozute but only qualified property; that no one
has fee simple in it, but only the use as
public instrument of commerce"-we should
soon have in the legislation of Congress,
where the entire money power is placed,
remedy for all the evils that now surround US.
The present currency of the country, as it is
called, to,wit: seuen hundred and tftiy nil>
lions, is not more than one tenth of the cur
rency through which the exchanges of the
country are effected, and the other nine parts
of the currency are bovk accounts, bonds,
notes, drafts, checks. etc. Tho tenth part of
the better currency can, of course, be monop>
olized in the hands of few, as it is now, in
the cities generally, but especially in the
Northern cities and States, and, then, becomes
taxing power-as is proved in the enquiry"
of John Taylor, of Caroline-over all the in.
dustries and labor of the land, while at the
same time, it opens foodgates of both whole
sale and retail usury and shaving upon all the
other nine parts (the private currency of the
currency that is used of necessity, because of
the failure of sufficient currency to do the
whole exchanges of the country on the cash
scale. There should be but one currency. and
the same from Wall street down to the man
who breaks stones on the turnpike. All are
alike, entitled to the same exchanging medium,
and at the same rate of interest, and that rate
never to exceed the net annual increase of
labor, to wit: three per cent. Such regula>
ton would give us measure Of Ualue as GER
tain and unvarying as the yard-stick of length,
the bushel of quantity, and the pound, weight
of ponderosity. And no one could complain;
for if the rate of interest did not snit him. be
could buy farm, or enter into manufacturing.
or into commerce, and make more ; and thus
the money would circulate and be currencv.
as the policy of the law instituting money de-
signed, for surely that law never designed
money as an estate or an Investment for any,
but as money or currency for all I again re-
peat, no one has, or ought to have, in money,
more than he uses for the purpose of his ex-
changes. The identical language used by
Lucretius in regard to s'life," applies in full
force to money when its nature is properly un-
derstood. He, in speaking of life, its nature
and tenure. says:
Vita que naneupiO multi datur, omnibus usu.'
But beg your pardon for having said so
much, as nay object was to inclose you some
papers of mine in which these ideas have been
advanced at more length.
Very respectfully yours,
JOHN A. THOMSON
Summit Point, Jefferson county, W. Va. Sen.
TENDER 25, 1874.
P. 81 admire your editorial, and think,
with you, that an attempt to come to hand
money would force a resort to revolution
The people should resort to it if it is made
necessary. J. A. T.
A CHILD SCRAMBLED BY Gaia
strange occurrence took place few mornings
since in the family of Mr. Silas Doloway, en-.
gineer in Bradcock, Fuller & Co.'s new hat
factory, who occupies j. W. CaDfeId's house
on Mulberry street, in this village. Mrs.
Doloway is accustomed to leave her babe, a
little girl of four months, on the bed up stairs
while she does her mornings work in the
basement from where she could easily hear
any noise. On the morning in question she
heard the little one growing as usual, but
finally noticed that the sounds ceased, and
shortly after heard strange gurgling noise
Surprising that the child had got its head
under the bed clothes and was suffocating she
ran up stairs to see about it, and found the
house cat with its nose in the childs mouth.
The child was strangled black and was fights
ing feebly with her hands. She caught the
child and shook it several times when it
caught its breath and came out all right. In
few minutes more it would probably have
been strangled to death. Mrs DoIoway mad
to pull the cat off the child so eager was it to
remain. 1t had paw on either side of the
child's head and had its nose pressed deeply
into the chiId's mouth. The cat was instant,
ly killed.-AiddletODn (N ~ Mercury.
A farmers ExPER1ENcE.-That success
of farming.is experience.
That to ask mans advice is not stooping
but often of much benefit.
That to keep place for everything, and
everything in its place, saves many step,
and is pretty sure to lead to good tools, and to
keep them in good order.
That it is good thing to grow into farm
ing and not jump into it,
That kindness to stock, like good shelter. ia
saving of fodder
That BY making home pleasant you keep
That to fight weeds is to favour grain, and
to do Justice to your neighbors.
That it is a good thing to keep an eye open
to experiments, and note all both good and
bad
That it is good, paying thing to take pa
pers, keep posted, and be sociable with the
neighbors.
HOUSEHOLD MEAsUREs.-As all families
are not provided with scales and weights, re-
ferring to ingredients in general use by every
housewife, the following information may be
useful:
Wheat flour, one quart is one pound
Indian NEAL one quart is one pound and
two ounces.