The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1876-03-11
SYMBOLS OF MONEY.
To What Extent Initiation Might be Carried
tlrn,,, ihr Geu York Herald

To What Extent Imitation Might be Carried
From the New York HERALD
Mr.. David A. Wells has prepared an inter.
esting little work on the currency, intending
to simplify the subject and bring 1t to the
level of ordinary popular apprehension 1t
is urofuscly and APPLY illustrated by Mast
and IS a vehicle of amusement as well as in.
struction. We insert from advance sheets
some extracts, which will give an idea OF the
felicity and pungcncy OF its illustrations:
SYMBOLIC MONEY.
II followed, of course, that to have and en-.
| ioy ANYTHING and everything 1t is only neccs-
sary to create and use its symbol or reprcsen'
tative; and to pay for the value received 1t IS
only necessary to imagine correspondent
and equivalent value and pass 1t over In cx-
change and settlement. On these conclusions
of law and reason, then, ii was decided by
the three leaders of the philosophers and
their friends, who had control of the govern.
mept that the future money OF the state
should be based The former inscription on
the currency in use, promise to pay they
were clear was entirely unnecessary; for
why promise money when the store on hand
of money was to be made practically unlim.
tied, or ut least always equal to the wants OF
everybody who desired to have it, whether he
traded or not? Mathematical calculations
were also made by scientist, which proved
that the amount OF labor which would be &C
tually saved to the community, and mace
available for other purposes, by using some
Thing as money which cost little or no labor
to produce, in place of gold or commodities
which represented much labor, would be &c
great as TO require the immediate enactment
of law prohibiting any one from working
over six hours per day, in order 10 guard
against the evil of too great abundance. The
same scientist had previously been so carried
away by his demonstrations of the utility OF
new stove which saved half the fuel that he
had recommended the purchase OF two stoves
| in order to save the whole.
With few exceptions, to be hereafter noted
the whole population of the island were jub
! liant, and proceeded as rapidly as circum
stances would permit to adjust all their com
merClal transactions to the new basis But
low ut the prospect of the coming millennium
did not extingush feelings OF gratitude in
the hearts of the people, and they resolved
to send ample testimonials to all foreign
lands, to whom they had been indebted for
wisdom
IDEAL HoNORs.
To each of the judges who had SO .ntclli
gently defined value they accordingly voted
an ideal castle ana estate, possession OF the
same comforting nobility upon their owner
with the title of "Baron Ideality,' TO which
Iby special patent, the recipient was au,horiz
led to use (if he peased) the prefix of damn
ITO the most notable advocate, In foreign
lands, of the idea of non-exportable money, q
gift of 81 900, of instruments OF association,
=. represented by ideal currency, was voted
But as this currency, both by law and the fit
&c, a., n nSn prtph
! island, il became impossible TO pay this gift
and In its place letter was written explain
ing the circumstances, and requesting tht
resolution TO pay might be accepted rs "sigr
lof transmission" To the eminent iinancicl
who defined money las n sense OF value in re
ference to currency AS compared with com
y modities," there was sent plastic image o.
the "What Is It?' while 10 his colleague
who had given the opinion that 1.-The les:
costly the material out of which money wa!
made, the better for the community which
uses IT," was sent a large box, containing con
tributions of the most worthless things every
body could think of, with the polite note re
oucsting the reciyent IL make his choice on
Of the collection of what seemed 10 him hes
adapted rs token, and forward detailed
report of his experience in attempting TO us
; il as u representative of unrcquitcd service.
! PICTORIAL BEEF.
Pending the slow preparations OF the gov
eminent of the island 10 provide the requisit
: laws for the issue and use of the money, vari
y Ious enlightened individuals attempted 10 IN
lucipate official legislative action by putting
into nractica! operation, on Their own account
, the principles involved in the new fiscal sy'
TEN. The first of these who thus acted was
secretary for the interior part OF the island
d whose chief business was 10 supply IN
d hcathcn-lor whom, ii will be remembered
D. Robinson Crusoc took up contributions
with beef There had been suspicion 10
some time past hanging over this Official tha
the heather did not Get all the beef mat the
d were entitled TO- but the suspicion prnsaol
Y had no further foundation than the lnaoi!lt
'of the heather 10 make the sense Of compl,
ton harmonic with the sign of transmission
&c To satisfy the hcatnen and the same time c
feciually clear up his character, the oilicli
in question now hEstened 70 have prepared
large number of pictures OF fine, fat cattl
which he dispatched by Il Quaker 10 III
heather, with the reques, that they would XII
and eat and be satisfied, adding, in a pos
script, that they would do well TO begin
&c learn economy by saving the skins. As Il
Quaker never came back il was deemed re-
he sonably certain that, at least, the first part
nc The regues, had been complied with.
PAINTED RAINENT
- The managers of the Island Providcnt )
~, cieiy also promptly determined 90 dcyel,
" and apply the ideal system in their sphere