The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1876-10-26

Ie8OUtCQS
and vast extent, it cannot prevent laree part
of its people from the distress Of want 81 Mork
and OF bread This seems to me the first t1ufv
Of Government. PE,eR CooPxR.
THE TRUE FUNCTIONS or MONEY.
Money, instead Of being the medium Of hal
,ance between production and CONSUMPTION.
protecting productions from non-proluctive
consumption, which is its proper function.
serves, under our present system, to protect
non-pr0dnctive consumption in the possession
or control of nearly the whole wealth of So
clety, thus defeating its true purpose and OBJ
]ect JOEL DENsNoRE.
THE TRUE FUNCTION OF MONEY.
Money should be the servant, not the master.
OF commerce. HENRY CAREY BAIRD.
WHAT HIGH INTEREST Is DOING
Exorbitant rent commonly called interest,
Is silently but surely devouring the substance
OF the people. PETER CooPFR.
HOW TO CREATE PRODUCTION AND coNsUxpT1oN.
By simply allowing labor the unrestricted,
universal stimulus will be given to production
ana consumption. The free supply will cheap
en- interest, and low interest BY adding to the
prohts OF producers will lessen that OF capital.
tnerepy encouraging the activity of produce
ton; CHARLES n. DuPUY
JRFFERsoN's OPPOSITION TO BANK PAPER.
Bank paper must be suppressed and the cir
culatlon restored to the nation, to whom IL,
properly belongs. THOMAS JEFFERSON.
THE ALL IMPORTANT ISSUES.
No single interest touches the domestic COM.
fort and prosperity of the people Is this one or
the country none is Of 80 much inmediaNe Inn
portance, or calls for more immediate solution.
TO put OF this queation, therefore, with vaoue
expressions of reform, ana. the desirahlsnese
OF specie payments, is to ignore tho ruling
interest Of the hour. It is to surrender the
people to their sufferings without any promise
of remedy. PETER CoopEa.
THE GOLD swlNDLERs REBUKED.
eff the bondholder refuses to take the same
kind of money with which he Aouoht ma
bonds, he is an extortioner and q repudia-
tor" SENATOR SHERMAN.
THE BEST KIND OF MONEY.
The people are the sovereign power. and no
man can question their right (throurh Con-
gress) to make as much of the medium of OK
change lmoney) as will be necessary for tho
wants OF trade. Paper money is better than
contracted by using it as a merchandise. :pHr
MAsuIRE of St. Louis.
FINANCIAL IGNORANCE TAUGHT In COLLEGES.
The blindest ignorance regarding the finan-
clal history and status of the world prevails
amongst almost all classes, and is taught in our
colleges, and Is most conspicuously manifested
IN the law -making and executive departments
OF our Government. We propose a national
currency to consist wholly Of grcenbacks to be
entirely controlled by the peoples representa-
tives and thus to be absolutely beyond the con-
troll or influence of spectators in gold. Syn
NEY MYERS of Chicago.
THE REAL ISSUE.
The issue is not between gold dollars and
paper dollars, as the bullionist newspaners
leave the readers who know no better to infer.
The issue is whether our currency shall con-
sist OF all bank circulation, dOled out to the
people by combination of corporations at
tenders issued directly to the people in nav
ment Of the debts and current expenditures Of
the Government. The issue admits Of no com
promise; for upon the result depends the
question whether We are TO have o Govern
msnt OF the people or money oligarchy. Il
Is one OF the strongest convictions of my life
that upon its decision are suspended the fate
of our civilization and the destiny OF the conn
CAMPBELL, VI Illinois.
sTEALrHY AND MOST INsIDIOus POWER.
High interest is the most dangerous. be-
cause the most insidious, OF al the powers
%snaoing the rights and prosperity Of the pso-
lily takes from the producing CLASSES ! larre
portion OF their earnings, while It keeps them
in ignorance Of the cause Of their wfonrs.-
Congressman CAMPBELL, Of Illinois.
WENDELL PHILLIPS.
The greed Of capital forces the Government
into one pathway; starving labor clamorg 10
have II move 0fherwtGA Wvvm-v, Dr,,,.-.
WHAT IL MONEY!
Money is token Of sovereign power. That
power il not = commodity. The material Of
which money Il made may or may not have
not commodity. 70 make money merchsn.
disc is to give power which does mot belone
to it; and gold being merchandise Il IA 81 M
wealth Of the country, and not being uouev
until the token Of sovereign power Is rut mo,
i, the sovereign should look only to adjusting
his own household aliairs and withhold ~
brand from being put upon articles Of mer-
chandise. JoHx AAsUlRE, Of st. Louis.
PRKsIDExr GIANT.
The experience Of the panic his proven that
the currency based on ths credit Of ths country
Is the best that has been devised.-Praidsnt
The above was Chants opinion o. sound
currency when be vs. IN . position 20 49,
without prejudice on the subjeot. III fhe
money power quickly made him at his own
words, Tor In subsequent message h nevn.
II command 70 your earnest oonsidssatien ~
REPEAL Of 20 much q IL Iegsl-asnder - ~
makes thess nolss lssthe besi TIT 40 -
dsvissd''l reociysbls for det9 oonfsseesd ~,
. date 70 b 6xod IN The ~ fteelG ~ - lsSsr
than ths HDe d January, i875. !" The verv
money which b chasaolesf3sd n r075 - ~
"bsss thae - bssn dsyhsd," ~ de.ignatsd