The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1878-08-29

the price Of gold would be raised beyond
measure and We should SEE produced III Eu =
rope result iamentable enough.-Le,l Fan
chett
, Iftere is one measure better calculated than
another to produce that state vi things where
the rich are daily getting richer and the ppol
daily getting poorer 1t i, a metallic currency
w. Il. Harraun Inaugural address, stat Pa.
pers.2 -. i.
It is too clear 70 be- reasonably disputed that
Congress, under its Con>ti utional powers 10
lay taxes, to regulate commerce. and to rrgti-
late the value Of com, Possesses amp author
ity % control the credit circulation Salmon
?. Chas-, Report, Dec. SOL
The money question i not 30 much Of a
gram racker as Is by many supposed, bat it is
rather simple when inv-s' gated III the ri,i.t
manner Money is smplya measure ot values
and as the nation contracts its circui ton, it
contracts the value OF ali property III ike pro
POI ton. A. II. CASTOR.
Thomas jefferson in his letters to Mr.. Epps,
volume of his works, says: "Treasury bills,
bottomed on taxes, Tearing or not bearing III
terest, as may be found necessary, thrown into
circulation, will take the place OF so much
gold ana silver Bank laper must be suppress
ed, and the circulation estored to 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 rsA-Reeces'
Encyclopedia.
Congrs shall have the power to coli. money
to reg Il ate the value thereof ana OF fore 2li COIN
emf. tilis OF credit, or make anything h->ieies
gold ana silver a legal tender IN pavu ent Of
debts The Constitution-Daniel Webster.
Money should be thing Of, or belonging to,
a country, not OF or o-onglng 70 the world
An eXportable commodity IS not ftt-d = lie
money, and nothing could b. more luO3iatrous
than EnglaEd's principle followed by tn.
United States up to the War--lrr legislation
forcing her people to b. buyers OF soId aud
making their possession oil luld--Oile OF Tire
scarcest articles in the wori-- the condition ot
thei- being aole to furnish themselves with
food and clothing. Isaac buchanan
Bat when it was oac,. clearly un-
delStood that gold and silver are not wealth
but merely representatives oi wealth: when
men began TO SCI that wealth itself solely cor
sists OF the vaine which skill and labor can add
to the material, and that thu money Is q no
possible u.s. to nation except T. ln-a>urr and
circulate IL riches, III tie oct notions II h.
supreme l;uporfauct Of tn. precious meets AZ
once hell to the ground. -Engash History Of
{ ommerce Buckle.
Benjamin Franklin, III volume j. page -, ot
his works saws: tod ana SILVER - not m
trinsically ot equal value With iron. Their
value rests chiefly on the estimate Il thrv hap
pen 0 b. III among the generality of nations
ANY other wei founded credit Is much an
rqulg&lenta as gold and silver. Pale r luouey.
we'll founded, has great advantages over goid
and silver, bang ilght aud convenient tor hald-
ling large sums and not likely u have It's vol
llne reduced by demalt> Tor ~ p,tt;,tlou On
the whole 40 method has hitherto t~-eu er'ned
to establish a medium u trade egua! ii Il Its
advantages, u blk Of credit made d General
legal tender
When tn lahorer has received his wages in
money he has not rrce,Vtd an equivalent for ms
services, bat oniy something winch wi enable
him t. get what he requires. The money there
fore is not the equivalent, but the evidence
thai he ha- parted With eoiuluo titlts orservices
and has not received an equivalent.
told and silver coin must bt redeemed bv
commodities and service, on demand, or they
can uo more perform the junction Of money
than eulirred-elnab!e paper motley
Ire simplest a.t uosl p,,tvct form OF eur
rnncv Is that which tefg->ents transferable
d-bts--papcr money with no Intrinsic value.
Coin - hong Is itcircnlatrs for tie purpose OF
buying and selling ton th- ,lu.e, loses its m
irlnslc value.
As eomno.itir, goi.i and -il-e. az capital.
Tut Il, m,r- money they aia mere rrpr uta-
ilye~ o. value.
Authc confusion ou ;h-su6lrct and nllcu
ha, tuv,tiiird TIN wore~ on economy arises
aat ii tn in,. ii noJ ais iueuishiug between
-I i> tnrgt'-t nds,- ana go.l ~ stamped MOI
~. =, has. Moe N. trsps-
R-td,r ran YOU dea h,- -..nt~uc.. "uaiu-
tanning tic tedt ID tile nattuni FL is >np,
paving the uondhoidrr Sui wll.~ tn uil>-