Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1878-08-23
From the Boston Advert err
A Greenback Dream.

An nconverliOle, noD-ex portable greenback cur
rency, based SIMPLY upon the faith "cf the grand
est government that the sun "ever shown upon 1"
Is what is dreamed If by Mir. Butler aud the ad.
vanced greenbackers. Gold is not money" h,
says; SIT varies" Something better is 10 be founo
in the greentack, with the stamp of the Uniteu
States government upon it," which is at once
the "eoglne and the exempter OF industry" what.
ever that may be. What advantage 1.-THE stamp OF
the United States government upon it," L, t.
bring we are unable to comprehend, as ii is not to
be "redeemsbe in anything" and what advan
tige the "iath Of the grandest government the
sun ever shUne upon" Is to give it is douby myse-
rious, in view oil the fact that the same govern
ment bears such bad character. For il is Tins
same government which, according to Mr.. Butler.
ssndes the people, and is accountable for "al
the misery of the poor in the land" which Cd.
presses the people with 'infamous legislation and
al sccursed system Of laws"
Nevertheless, we are not lacking in respect for
the government, and we hope that its faith NAV
never be broken, even if unlimited greenbacks
are based upon 1t. We feel Obliged to Confess.
however, that we dstrust its power to make SER
viceabie money from irredeemsble paper, either
by making use OF the stamp of the United States"
or the "fsith of the government" But if it can
do Soft greenbscks can In any way be made
money without any obligation on the part of the
government to redeem them, or give ANYTHING of
intrinsic value for them, ii seems to us that the
discovery should at once be made use Of If the
government, at a merely nominal cost can CON
vert leams OF paper into millions of doars. DAY
ing the tnting expense by y small amount of IN.
article produced, then, certainly il has all the ee
ments oil financial prosperity at commsud, and
| should avail Itself OF them 10 the fullest extent
possible.
Then, certainly, there should be no lack Of
money IN any direction, aud all should live on the
tat OF the laUd, uudisturbed nv creditors and I'm
hafsssed by debts. For surely government thai
eau work such wonders can 10 longer have an ex-
c0se Tor subJechng the people TO the present
ees>ity OF tuIing for money that they NAV live
II can no lougel have excuse for taking from
them any portion Of THEN substance Inte,n.
revenue laws 10 yex the souls of the uoonshine
d,stillers will not be needed nor tariff. no, taye.
of any KIND; for government can make all m,
money 1t needs Tor Its own use, and supply all de.
msnds from tue people. If Custum-h house ar
post-Uihce Is TO be butt Congress need have no
hesitation about making the necessary appropria.
ton on account OF the cost, for few oil The mavtc
dollars Will not only pay for theme YES but nav
1
! he millions. II font are wAnted II "A new nav j.
desired, there need he no hesitation 10 entering
upon he scheme, for 1t will cost tue people abso.
inlely nothing but what can be paid with the
money so easily made. If congre,smen want
highef salaries aud back pay there Wnuld he M
reason to ohjec', aud il would not be worth nbll.
10 have any angry disputes over rebel claims
OF any otner Claims, when they could be so easily
s. itltd la fact, 1t would be perfectly D oper to
grant The request OF the poor men who want gov
ernment 10 let them have VIII tever amount of
money they may happen to want without interest.
III government Can work such miracle with
paper,-cab pay the cost OF lis own administration
OF It, pubic works aud defences, aud supply the
people with ali the money they want,--what
happy prospect Is before US Utopia is not to be
compared with It. Every one could take hi, ease
aud enjoy himself in his own way, regardless of
expense, II Denis kearney should wish 10 give .
500 dinner be could do II without having his soul
sckeaed by the thought that better men than be, IL