The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1878-05-09

| the price of gold would be raised beyond
| u-asuro and W. should see produced in Eu-
| rope result lanentable enouyh.-Lem Fan
cilett.
Money, as used in modern civilization. is o
| us-tul instrument that facilitates the exchange
of commodities and services.
The intrinsic v:lue idea of money was the
idea in til. crude day OF barbaris n.-Rsecvs'
Encyclopedia.
Congress- shall have thu power to coin money,
to regu ate the value thereof and OF foreign coin,
emit il Ut credit, or make anything besides
gold and silver 4 legal tender i'll p,yn ent OF
deDts.-The OBSERVATION-DISCLOSURES Wei st-r
lfthere is one measure better calculated than
another to pr, duce that state of things where
the rich are dai Y getting richer and the p"s.r
'taliv getting poorer It Is a metallic currency.
~. IL. harrison, Inaugural address, State Pa.
Ders. 2, IL, 4.
It Is too clear to be reasonably disputed that
Congress, under It's Colisti utl,nal powers to
ay taxes, to regulate Commerce. and to r-gu-
late the value OF cIn. y *s->>eS amp = author
ny to control the credit circu al Oh. salmon
T. Chase, Report, Dec. .5ol.
The money gu stion is net 20 much of a
BRAIN racker AS Is by nany suppos-d, but it is
Father slmpl. wl,en inv-s iyat-d in the risL
nanner. Money Is simplya III a, TIRE IF values
and as the nation contra, IS its rircul ton, it
contracts the value of Ii roperry III LIKE pro-
20 ton. A. Ii. CASTOR.
Thomas }, ffrrson in his letters to Mr. Epps.
volume 3 Of his works, says: "rreasury bills,
OOtUiued on taxes, bearing hot hearing III
teiest, as may ie found Necessary, thrown into
cIrua ion, will take the place of 50 much
sOid ami silver. B,nk al~.r must De suppr. So
rd, and the cir ulatlonr eatOred to the nation
to whom it belongs
Fellow citizens, Relieve in the greenback. |
believe 1t Is ID constitutional currency in time
OF p ace as we'll as in t.,,r. OF war. | belle =
It Dug to l~ peIp-tu ted ID fund mental
basis and al elell-nt vi our wnOit- paper clrcu-
a ION. have no 90 ut that 1t Is a, far d, 1t
gnes, the very best currency that ever was III
this Or amy other cUulltiy Stanley Matthew's
Money should b. 4 thing Of, or belonging to,
ac"ultry, not OF OF D~lunylny to the world
An eXportablr cciniuutiIty i. not hit Il to I've
money, and nothing .utt b more INDUSTRIOUS
than Engl,rd's principle followed ty the
United States up to the war-h l-gisla, ion
forcing her people To Oe buyers OF gud and
making their loSS' SION OF gold one OF the
,can.e>t articles III the WI 1.-the condition OF
their bein. allie to iurnl-h themselves with
food and clothing --lsaac Buchanan
But when it WIS once clearly nm
d-rstood that gold aud silver are Iot wealth,
but merely representatives OF wealth; when
men bryan TO s-e that wealth itself solely CO..
slsts or thu va.lIe which skill and labor can add
to thu raw material, amt that the inolv is of no
possible u.s.. to il lalon -Xc-pt 10 nra.ur- and
circulate It's Ilcli' $; All I = ord notions Of h..
supreme imp"rlauce Of the precious metals at
o''c' tell to thu ground. Eng ish History uf
Commerce. Buckle
Il njainin Franklin, in volume 4, page a5, of
bis works, say: go Il ami silver 49, no, In
trnsicaliy OF equal value with iron. Th-ir
=; lue rests chiefly ON the cstiil. j. IA they hap
pen be III aniulIg the g.ir'ri.,iy If nations
ANY other Wei -f'ui,tr,t credit Is lis much AN
equivalent AS gold and silver. P.,i-r mo ey.
we'll founded, has great advantage over 20 Il
aud silver ;brlng ilgi,t and convenient i,r h md
Ing larg" sums; and not nkrly to have It's vol
nme rrduced 10y "eu'ailis for xpnt,tion On
the whole 10 method Ina, h th-rtn b..n ,rmet
10 establish Il medium III trade quail in IA il,
advantages, 10 bulls OF credit Iuadc IA 1euerAl
legal tr,r!-r.'
When the laborer has rec'rvsi rs wa,.s in
money he las not r cetv-d .GuiTa ,nt fur his
services, but ouly som thlng which vi -nabl.
him to get what he r,qum.s. The mom-y there
lore Is not the equivalent, Tut tin, evidence
that he has ported With sItt Or services
and has not received an equivalent
God and silver coin must b+ redeemed by
commodities and services On :-n,an.i. ur they
csn no more perform the Junction VI money
than cali irre't-einabie p pr mni.-y.
The simplest a d mos, y II ,ct form Of cur
ren'y - that which i-pr-~-ut- tiau>f rable
d. bts-- paper money with no Intrinsic value
Com so long as it,ircnlates for tire pu pose Of
buying and selling Tor the line, iusx. Its III i.
trinslu value.
As commodities gold and sil-er are capital.
but AZ mere money they are mere rtpr -scnta-
tives OF value
Al the confusion on tn. snljAct and which
has my>tiii-d the works on ECONOMY arse.
out 1t thu Tact OF not ais inguishiny i.-tw.~n
gold as merchandise and gold ~ stain Ixd mon-
ey.-Chas. Nor III. France.
Reader can YOU d-fns III. santenc. "rain-
tanning the crrdit Ut thu naiionf' Ii is simply
paying the bondholi,.r gold whiI-. the indus
Michigan.