Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1878-06-14
The Trne FinnnsIer and Political
EennomIof


II is generally acknowledged that labor
and productive business are badly broken
up, and that nbject want is spreading over
large masses Of the people, while unensi-
ness and fear Of impending business trouble
is almost the universal condition Of those
who nre engaged in productive employ
ments in our country. Although this is
very generally acknowledged to be the
condition Of labor and business in this
country, there is no consistent reformation
offered by proiessed teachers as to the
cause of the condition. It is generally
admitted that the evil is in some way ad-
herring to the instrumentality OF money,
and all who propose remedies or ways out
of the condition, propose some theory OF
money ns the way but beyond the simple
fact that the condition is related to the
fundamentally Of money there is no con-
sistent teaching or agreement among
teachers on the subject.
With view to bring before the people
the origin and nature Of the evil, and the
right means Of cure, and OF future preven-
tion. propose to commence the publica-
tion OF a weekly newspaper in the city OF
Columbus, Ohio, as soon as sufficient sub
scription TO ensure the continuance Of the
publication can he procured. And to
place the proposed paper at direct issue
not only with the great evil, but also with
the false teaching of professed fnanciers
and political economists, which supports
and encourages the evil-the paper will be
entitled, "The True Finnncier and Politic-
al Economist" t
In view OF the great and general interest
in the subjects proposed for discussion, and
with heavy leaning on old-time neigh
borhood friendship, / ask the Perryshurg
JOURNAL, the Wood County Sentinel and
Buckeye Granger, and through them the
whole newspaper press of the county, to
publish this address, and the annexed
prospectus Of the proposed paper:
PROSPECTUS.
"The True Financier and Political Econ
omist will give carefully selected weekly
news and miscellany, and decided adyoca
cy of the financial and political doctrine
that money can Justly be money only, and
ought not to be used both as money and
private capital to lend for interest. That
it is made to he Il common agent, with the
functions to perform forGovernment and all
the people OF representing and exchanging
values.
That in the functions OF money The peo-
pie have common rights and that the use
Of il as an article of trade or capital, to
lend for interest, violates these rights.
That the functions of representing value
requires tilat money shall be made under
the sanction and regulations OF law, and
that it be finance, or final pay and settle
ment of public and private dues and that
it be constantly exchangeable for and in
terchangeable with services and property
(the things Of value) without being subject
to any restraining influence but such as
results from supply and demand.
That if money is allowed to make gain
to a holder by way of interest for the use
of it, it will not be exchanged on equal and
Just terms for services or property, and it
will not truthfullv represent the value of
these things; while being finance and
therefore necessary to every one in busi
ness operations and to pay public and
private dues it will be potent instrument
with which to rob laborers and property
owners, the work that is being performed
with it very efTectually at the present
time.
That in the authority given to the gov
ernment by the Constitution of the United
States, "to coin any money and to regulate
the value thereof" there is sufficient au-
thority to arrest the practice of yaluing it
by time.
The paper will be published at 50 per
copy, per year, payable on delivery OF the
first number. Will all those who would
like to take thepnper send in their orders
at once by postal card or otherwise, giving
sheiF and stata 81 Hleir nn6 nP6osoce T and tie
Der of copies they want? Address George
Williams, Northwood, Columbus, O.
What / ask of the press of the country,
through my oldneighbors of Wood county,
Ohio, may be thought to be an unusual
favor, and so it is; but the purpose sought
to be gained by the publication OF the pro-
posed paper is IL common purpose, in which
the patrons OF every paper in the country
are interested equally with my patrons;
while, If the new and untried position fails
OF leading to the reform sought, and which
is so soreIy needed, l will be the only loser
in the effort.
Please, therefore, publish the address
and prospectus, and we will the sooner see
whether the professed teachers of finance
and public economy will support and de-
fend their books = which teach that the
representative and medium OF exchanging
values called money can justly be used
as private capital to lend for interest or
whether those books will not have to be
laid aside as having already p'rpetrated
all the evil and falsity the world can toll
crate. GEORGE WILLIAMS.