The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1878-07-25
the price of gold would be raised beyond
measure aud we should see produced III tu-
rope a result lamentable enough.-Len Fan

the price OF gold would De Fal>eu peyOhu
measure and we should see produced Ill Eu-
I rope a result lamentable enoug hem Fan
chett
Ifthere is enc measure better calculated thar
another to produce that state OF Things whert
the rich are daiy getting nchrr ana me p9ol
daily getting poorer It i, a lnetallc currency
! W. II. Harrison, Inaugural address, State Pa.
pers.2, -. T.
1t is too clear to be reasonably disputed that
Congress, under its Consti utional powers to
lay taxes, to regulate commerce. and TO r'gu-
late the value of com, POSSESSES amp 9 author
ity 20 control the credit circu atom. Salmon
Z. Chase, Report, Dec. 1851.
The money QUESTION is not 50 much of a
gram racker as Is by many supposed, but It is
rather simple when investigated IL the right
manner Money is simplya measure OF values
and as the nation contrat is its clrcul ton, it
20. ton. A. II. CASTOR.
Thomas Jefferson in his letters 70 ,Ir. Epps,
volume of his works, says: Treasury bills,
botomed on taxes, bearing or not bearing in
terest, as may be found Necessary, thrown into
circula ion, will take the place Of 50 much
gold ana silver. Bank paper must pe supprcss-
I'd, and the cirfulationr estored 10 the nation,
to whom it belongs"
Money, as used in modern civilization, is a
useful instrument that facilitates the exchange
OF commodities and services.
The intrinsic value idea of money was the
idea in the crude day Of barbarlsui -Reeces'
Encyclopedia.
Congress shall have the power to coin money .,
to regulate the value thereof and ofioreign coin,
emit Til of credit, or make anything besides
gold and silver legal tender IL payment of
debts The Constitution Daniel Webster
4 ]
country, not OF or belonging to the world.
IN ex portable commodity is not fitted to be
money, and nothing could b. more INDUSTRIOUS
than Englard's principle followed by the
Cnlted States up u the warbler legislation
forcing her people to be buyers Of gold and
making their possession OF gold one of the
scarceet articles in the world--the condition OF
thei being able to furnish themselves with
food and clothing. - Isaac Buchanan
< 4 But when it was once clearly un-
derstQod that gold and silver are not wealth,
but merely representatives OF wealth: when
men began to see that wealth itself solely con-
ssts OF the valne which skill and labor can add
to the raw material and chat the money is OF no
possible use to a nation except TO measure and
circulate its riches: all tie Old notions Of tn.
supreme Importance Of the precious metals at
once tell to the ground. English History of
Commerce. Buckle.
Benjamin franklin in volume !, page So, OF
his works, says: "Go.d and silver ar. not in
rlnslcaly OF equal value with IRON Their
value rests chiefly on the estimation they hap
pen 0 be in among the generality Of nations
Any other wei founded credit is a much an
equivalent AS gold and silver Pirer money
well founded has great advantages over gold
and silver; being light and convenient tor hand
ling large sums: and not likely to have It's vol
nine reduced by demands for eE portation. ON
the whole no method has hitherto been for'ne |
10 establish medium of trade equal in 4 its
advantages, to bills Of credit made 4 general
legal tender -
When the lab0rer has received his wages in
money he has not received All equivalent for his
services, but only something W hich will enable
him To get what he requires The money there
fore is not the equivalent, but the evidence
that he has parted with commodities or services
and has not received an equivalent.
Gold and silver coin must be redeemed by
commodities and services On demand, or they
can no more perform the function of money
than can irredeeinable paper motley.
The simplest and most perfect form OF cur
rency is that which represents transferable
debts--paper money with no intrinsic value
Coin SO long as it circulates for the purpose of
buylng and selling Tor the time, loses its in
trinSlc value.
Az commodities gold and silver are capital
but rs mere money they are mere representa-
tivts OF value.
All the confusion on the subject and which
has mystiied the works on economy ARISES
out Of the fact of not Distinguishing between
gold as merchandise and gold as stamped mon
ey.-C has. Moran. France.
Reader can YOU define the sentence 'smain-
tanning the credit of the nationt" 1t is simply
paving the bondholder gold while thu indus
trial classes starve journal Pot Huron,
Michigan
Fellow citizens, believe in the greenback
believe it is a constitutional currepcy i'll time
OF peace as we'll As in time OF war. | believe
II ought to be perpetuated as a fundamental
basis and an element OF our whole paper crcu-
lauon | have no doubt that 1t is as far a. 1t
goes, the very best currency that ever was in
this or any other country Stanley Mathews