The Cairo bulletin. [volume] (Cairo, Ill.) 1872-1878, 1876-08-02

better to let the Germans 60 into the |
VIC DDS with their beer on Sundays with |
out saying anything about Ii than to keep |
people in the town. as you folks tried TO
up in Chicago. registering about In the
slums and allcy.ways. The groves were
Gods first temples. let people get into
them and do as they please so long as
they don't hurt anyone
Evidently Steward would not make a
strong run on temperance issue. HIS
views as further expressed were that
one mans opinions and customs were
lust as much entitled to respectful con-
sideration as another's and that no man
had any business to interfere in any
other mans liberty in business or pleas
ure SO long as that liberty did not De-
come license. Liberty as he understood
it was the pursuit Of ones inclination up
to the line beyond which lay another's
rights. Once across that line liberty be-
came license and ought to be taken by
the ear and led back again, but on its
own side of the line. to interfere with it
would be to commit an outrage.
From this point, which touched, as
you see, upon the prerogations of the
citizen. it was easy to shift the discuss
ion to labor and from labor, Mr.. Stew
ard slid with surprising celebrity into
FINANCE.
IL tell you," he began, with great ami
nation. 1.-THE financial question-some-
times get disgusted with it. The whole
thing lies right here: all the wealth in
the world is its labor. Labor is money
and by labor only can you measure the
value of money. You talk about stand
ard of value, and try to find it in gold.
These fellows in congress blow about it..
But say what they like, labor is the only
money, and the only measure for values.
All the wealth OF the world came out of
the ground. See here. Ahundred years
ago the land we see right here was capa-
Bile of producing just what it is produ-
cling now, but it would not have brought
wild, and beyond the reach OF labor.
Labor came, and its value has iucre ased
ever since. A hundred years ago, sup.
pose that house of mine stood where il
does now; it would have been just as
good house, but it would have been un.
inhabitable, because it would have stood
alone in wilderness; but here comes
another man, who builds another house
and then another man still, and so, by in
crease and aggregation Of labor all abou
it, my house became valuable. The
of exchange, and the only enc
it has to give birth to a PRACTICABLE,
means of exchange; that is, to provid,
some method by which labor may b.
crystalized so as to facilitate exchange
Suppose want to trade my house for
house in Iowa. l do not want to b.
obliged 10 resort to cumbrous compare
sons, or to take my house into Iowa t
swap. give it to some one in exchang
for something which we call money
which In fact Is thing that represent
precisely the amount of labor that valu
my house at. take this labor into Iowa
and give enough of it 10 the man VIII
OWLS the house there to represent til
labor that made the value of his labo
See ?"
"1hen money, rs you view it,
simply labor held in solution?"
Yes. Perhaps Id better say, cry
talized labor. Now, suppose this go
eminent wants SlO,OO0,OV0 to carry on
, war with-or anything else. All Il
wealth OF the government is derived fro
/ the people it can't come from any o,h'
! source. So the government says TO Il
people. here l want dollar q hei
: from every one of you fellows, man, "
man, and child. want you to give m
!. that is to say. one dollars worth OF VOL
y tor every one ofyou fellows Every OF
of them gives dollars worth of wor
Then, the government issues certificat
-oblong pieces OF paper-certifying tn
it has received from each OF these peoI
} a dollars worth of work, and promisil
" to pay for 1t. take the certificate
my work. BY and by you come aloI
and say, Here, want dollars worth
- labor from you, and if you'll do it,
d give you my certificate do it, a
~ take your certificate. Then have tv
. l may go on, and IN that way accumuls
A. hundred dollars-a thousand-and
10 on"
80 "But when it comes to the fulfillmt
81 of that
:" PROMISE TO PAY.
80 what do you get for your certficate?'
:" "AnOther certificate. That Is the 10
and short of it. The entire wealth of
III government, as told you, is got ir
We the people. 1t can't have any other Il
he what it acquires in that way. 1t has
'ie to pay us in our own coin. What is
ur is bit of metal or Bit OF paper? IL
al a bit of metal. some one had to put {
et lars worth of labor in it, or it would
NJ represent dollar. You can't get arc,
lie that. Labor is the only standard
IDS value that does not fluctuate. Silver
al metal, but it tluctuates. It's worth
GU cents less now than it was a little W
ago. Gold Nuctuates''-
rec Measured by the standard OF
nu greenback 2"
Iia' mo. Measured by the money lend
lhe Mnneu l. labor and labor L. money II