The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1876-11-02

meroe g accurately Is the motion of tbeste.m
engine y regulated ~ its governor" Such
paper money tokens would b much nesras.-
perfect measures of value than gold and silver
ever have been or ever can be. The use of eold
or merchandise Is money is barbarian nm
worthy of the age. WALLACE P. -GRoor
THE DUTY or A GOVERNMENT.
What is Government good for, if in such =
and vast extent, it cannot prevent large MT
OF its people from the distress Of want Of work
and OF bread? This seems to me the first autv
OF Government. PETER CooP8R
THE TRUE FUNCTIONS OF MONEY.
Money, instead of being the medium Of hi.
ance between production and consumption.
protecting production from non-productive.
consumption, which is its proper function.
serves, under our present system, to protect
n0n-productive consumption in the possession
Or control OF nearly the whole wealth Of So
cls.y' mus defeating its true purpose and OBJ
Ject. JOEL DENsMoRE.
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,"
u silently but surely devouring the substance
OF the people PETER COOPER.
HOW TO CREATE PRODUCTION AND coysuxpr1oN
By simply allowing labor the unrestricted
use OF money to accomplish its exchanges. :
universal stimulus will BE- given to prodnction
and consumption. The free supply will cheap
en- interest, and low interest by adding to the
profits OF producers will lessen that of capital.
thereby encouraging the activity of produc.
ton; CHARLES N. DUPUY.
JRFFRRsoN's OPPOSITION TO BANK PAPER.
Bank paper must be suppressed and the cir
culation 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 as this one Of
the currency, and in the present condition Of
the country none is of SO much immediate i'm
portance, or calls for more immediate solution.
To put of this queation, therefore, with vague
expressions OF reform, and the desirablenesS
OF specie payments, I" IS to ignore tho ruling
interest Of the hour. It is to surrender the
people to their suferings without any promise
OF remedy. PETER COOPER.
THE GOLD swlNDLERs REBUKED.
IF the bondholder refuses to take the same
kind OF money with which he bought the
bonds, he is an extortioner and a rspudia-
tor" SENATOR SHERMAN.
THE BEST KIND OF MONEY.
The people are the sovereign power. and no
man can question their right Through Con-
gress) to make as much of the medium of ex-
change money rs will be necessary for the
wants OF trade. Paper money is better than
| either gold or silver. as its volume cannot be
contracted by using it as merchandise. Jom
MAGUIRE of st. Lonis
| FINANCIAL IGNORANCE TAUGHT IN COLLEoRs.
| The blindest ignorance regarding the fnan-
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 iaw-making and executive departments
Of our Government. We propose q 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: SYD-
HEY MYERS Of Chicago.
THE REAL ISSUE.
The issue is not between gold dollars and
paper dollars, q the bullionist newspapers
leave the readers who know no better to infer.
The issue Is whether our currency shall oon-
sist Of all hank circulation, doled out TO the
people by combination of corporations q
exorbitant rates of interest or OF full laeal
tenders issued directly to the people in nav
msnt Of the debts and current expenditure Of
| the Government. The issue admits of no COM
promise: for upon the result depends the
question whether We are to have 0overu-
ment Of the people or . money 0ligsrchy. L
is one OF the strongest conSictions Of my Lie
that upon its decision are suspended the fate
| try.-Congressman CAnPBgLL, u Illinois.
sTEALrHY AND MOST IxsIDIous Pow.R.
High interest is the most dangerous. h.
cause the most insidious, Of al the powurs
| meDacing the rights and prosperity Of tie peo-
pie. Operating silently and unseen, It stealth.
lily takes from the producing Glasses . laree
portion Of their earnings, while L keeps thssS
IN ignofancs Of th- Cause Of thsir wrones.-
Congressman CAHPBELL, Of illinois.
WENDELL PHILLIPS.
The greed Of capital forces the Governms,t
into one pathway: starving labor clamorg n
have u move eeherwise. WBHDELL PnfIlPs:
WHAT II xosEYs
Money II token Of sovereign power. That
power = not commodity. The material 81
which money b made may Or may not heve
value = commodity but sovereign power Il
disc y 70 give power which dos not belong
% i; and gold bsins merchandise II II II tbs
wealth Of the country, and not being money
until the token Of sovereign power q rut upon
Il, the sovereign should look only 70 sdjusiin1
his own household Affairs and withhold ~
band from being put upon articles Of mes-
PREsrDKxr oaAxr.
The expesience Of the panic has pcoven 49,
The curTsncy based on tbs credit Of fhs eoun1rv
y tbe bs.t that be- bssn dsyissd.-rnnIds1