Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1878-11-23

bond issued by occupants of thu
) county poor-house. You canno
live upon that which you have t.
support.
The Government cannot by Law
create wealth. And right here
wish to ask one question, and I woulc
like to have it answered some time
If the Government can make money
if it can create money, if by putting
its sovereignty upon piece Of pa.
per it can create absolute money
WHY should the Government collect
taxes2 We have in every district
assessors and collectors; we have in
every port custom houses, and we
are collecting taxes day and night
for the support of this Government.
Now il the Government can make
money itself, why should it collect
taxes from the poors Here is a man
culitvating q farm-he is working
among the stones and roots and
digging day and night; why should
the Government go to that man and
make him pay twenty or thirty or
forty dollars taxes when the Gov
eminent, according to the theory of
these gentlemen, could make thou.
sand dollar fiat bill quicker than
that man could wink7 Why impose
upon industry in that manner2 Why
should the sun borrow a candlef
And if the Government can create
money, how much should it create,
and if it should create it who will
get it9 Money has a great liking
for money. A single dollar in the
pocket of poor man is lonesome;
1t never is satisfied until it has found
its companions. Money gravitates
towards money, and issue as much
as you may, as much as you will,
the time will come when that money
will be in the hands of the industri-
Gus, in the hands of the economical,
in the hands Of the shrewd, 10 the
hands of the cunning;in other words,
in the hands of the successful.
Another thing: If the Govern
ment can create money simply by
stamping what they are pleased to
call its sovereignty upon a piece
of paper, why should it waste
that sovereignty upon one-dollar
bill; why not create a ten-dollar
bill, hundred, thousand, a mill
iona Why should we stopl a
The other day / had 9 converse
ton with one Of the principal gen.
tlemen upon that side, and I told
him, "Whenever you can successfully
palm of on a man bill Of fare for
dinner, I shall believe in your
doctrine; and when I can satisfy the
pangs of hunger by reading cook
hook, I shall join your party"
Only that is money which stands
for labor. Only that is money
which will buy on the average in all
other directions the result of the
same labor expended in its produc-
ton. As matter of fact, there is
money enough In the country to
transact the business. Never before
in the history of our Government
was money SO cheap; that is to cay,
was interest so low; never. There
is plenty of money, and we could
borrow all we wished had we the
collaterals. We could borrow all we
wish if there was some business in
which we could embark that prom
ised sure and reasonable return.
If we could come to man who
kept ferry, and find his boat on a
sand-bar and the river dry, what
would he think of US should we tell
him he had not enough boata He
would probably reply that he had
plenty of boat, but not enough wa
ter. We have plenty of money, but not
enough business. The reason we
have not enough business is, we
have not enough confidence, and
the reason we have not confidence is
because the market is slowly falling,
and the reason it is slowly falling is
that things have not yet quite re-
sumed; that we have not quite
touched the absolute bedrock OF
valuation. Another reason is be-
cause those that left the cultivation
of the soil have not yet returned, and
they are living, some upon their
wits, some upon their relatives, some
upon charity, and some upon crime,
| The next question is: Suppose the
Government should issue thousand
millions of fat money, how would
it regulate the value thereof Every
creditor could be forced to take 1t,
but nobody else. If man was in
debt one dollar for bushel of wheat,
he could compel the creditor to take
the fiat money: but if he wished to
buy the wheat, then the owner could
say, II will take one dollar In gold
or fifty dollars in fiat money, or !
will not sell it for fat money at any
price" What will Congress do them
In order to make this fiat money
good il will have to fix the price oil
every conceivable commodity; the
price Of painting a picture, of try
ing lawsuit, of chiseling q statue,
the price of days work; in short
the price of every conceivable thing
This even will not be sufficient. II