The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1878-03-21
FACTS FOR THE PEOPLE.
Notes on Oemonetza tion-O Opinions OF Prom
inert Men-Read and Ponder!

inent Men-Read and Ponder!
Money of every kind isan order for goods
An Inquiry .-THoRNToN.
The friends of gold avoid debate because
discussion is fatal to their schemes.
Computed in silver, the bonds did not cost
their owners over seventy-fve cents on the
dollar.
Coins became indispensable only when claim
ed as legal rght.-Ways and Means of Pay
ment-COLwELL.
Currency should he that which is most val
liable to the state, and of no valus to any other
country. -PLATo.
Gold resumption means that every debtor
shall pay at least quarter more than he re-
celved or agreed to pay.
81 conceive the establishment of this bank
National Bank as dangerous to the safety aud
welfare of this republic '-HENRY CLAY.
Whatever uen can employ in payment of
debts, they will be willing to receive i'll pay
ment, and this independent Of legal compul-
sion.
An increase of the weight Of the silver dol
lar will increase the wealth Of the money len
ders and increase the burdens of the producers.
1.-THE right to issuing paper money as cur
rency, like that of gold and silver coin, be-
iouRS cAC1uSlESlJ W kAS AotAOIA 6AADn0A
GALLATIN.
The suppression (demonetization) of silver
would amount to veritaule destruction of val
ues without any cOmpensatiOn.-BARO
RoTHsCILD.
A man who knows the facts of the case and
opposes the restoration OF the silver dollar, is
deferred fiom theft only by lack of safe oppor-
tunity.
Thank God there is one country where pro-
ductiOnS are so broad that they cannot be
measured by the significant uantity Of gold.
Isaac Buchanan, NJ =. Canaa.
If by the stroke ofthe pen, they suppress one
OF these metals geld or silver in tue mOneta-
~ service, they double tue demand for the 9TH
er metal, to the ruin of all debtOrs.-M. WO-
lowski.
Ii all the nations of Europe adopted the sys-
tenn (the single gold stand ,rd) OF Great Britain,
the price Of gold would be raised beyond
measure and We should see produced in Eu-
rope result lamentable enough.-Lem Fan
chett.
Money, as used in modern civilization. is a
useful instrument that facilitates the exchange
Of commodities and services.
The intrinsic v:lue idea of money was the
idea in the crude day of rbarism.-Reeces'
Encyclopedia.
Congress shall have the power to coin money,
to regulate the value thereof and offoreign coin,
emit Til of credit, or make anything be.iies
gold and silver legal tender in payu ent of
debts THE Cohstitution-Danel Webster
Ifthere is one measure better calculated than
another to produce that state OF things where
the rich are daily getting richer and the poor
daily getting poorer 1t Is a metallic currency.
W. Il. Harrison, Inaugural address, Stat. Pa.
pers. ?. -, A.
1t is too clear to be reasonably disputed that
Congress, under its Consti utional powers to
lay taxes, to regulate commerce. and to rpgu-
late the value OF c'ln, possesses ample author
ity to control the credit circulation. Salmon
7. Chase, Report, Dec. SOL.
The money gu stion is not 50 much of a
BRAIN racker as Is by many supposed, but it is
rather simple When invesI gat-d in the right
manner. Money Is simply measure of values
and As the nation contra, Is its circul. ton. it
contracts the value OF all property in like pro-
poi ton. A. b. CASTOR.
Thomas jefferson in his letters to Mr.. Epps.
volume Of his works, says: "Treasury bills.
oo;tomed on taxes, bearing or not bearing in
terest, as may he found necessary, thrown into
clrcua ion, will take the place of so much
gold and silver. Bank paper must De suppress
ed, and the circulation estored to the nation.
to whom it belongs"
Fellow citizens, believe in the greenback. |
believe it Is "A constitutional currency in time
OF peace we'll AS i'll time of war. [ believe
It ought to I've peipetuated fundamental
basis and an element Of our whole paper clrcu-
la ION. | have no 90. bt that It Is a, far a, If
goes, the very best currency that ever was in
this or any other country Stanley Mathews.
Money should BE- thing of, or belonging to.
a country, not of or D~longing to the world
An eNportabe commodity Is net fitted 10 lie
money, aud nothing could b more INDUSTRIOUS
than EngLu,d's principle followed by thu.
United States up TO the war-h.r legislation
forcing her people to be buyers of gold and
making their possession of gold -oiie of th.
scar,est articles III the wurli- the condition at
Their beint able TO furnish themselves with
food and clothing. Isaac Buchanan
But when it WAS once clearly nm
derstood that gold and silver are no. wealth.
but merely representatives of wealth; when
men bgan 10 see that wealth itself SOLELY corr
s'sts OF TIL va.ne which skill and labor can add
To the raw material, ant that the money is OF no
possible us To a nation except to MEASURE aud
CIRCULATE its riches; all tie old notions of ,h,.
supreme impur,ance of the precious metals a,
once Tell to the ground. -Eng.lsh History OF
Commerce. Buckle.
Bpja,nin Franklin, in volume 4. page SIS. of
his works, SAYS: God aud silver 81. not in
trinsiealv Of EQUAL value with iron Their
vslue rests chiefly on the estimai IL they hap
pen o BE- In among the generality Of nations
Any other wei founded credit is as much an
equivalent as gold and silver. PArer money
we'll founded, has great advantages over gold
and silver: b-iug light aud convenient tor haud-
ling large SUMS. and no. nsey to have its vol
| ntn- reduced 10y demands for TX p ria,ion On
the whole no method has hitherto, b--lI ror-,,s3
| 40 establish medium uf trade equal in a It's
| advantages, 10 bills of credit made a general
legal trnsi~r.
When the labnrer has received his waves in
money he has not received an equivalent; for his
services, tut ouiv som.ttiing which will -nanE..
him 10 get what he rsuuir.s. The money there
Ton. l. io. the -~iuIva.-ist, bat the evidence.
tast he has psr.et wits columo iit. or ss.ryi.,s
and has not received All equivalent
God and silver c,in must la redeemed bv
contuo titles snsi services on demand or they
| { an no more perform the junction IT money
| than Call irrevi--inab.e pap-r moi.ey.
The simp 49, AID rosi Dr. feet form of cur
| reacy IS that which represents transferable.
,i-bts--pap-r mon-v with no intrinsic vain.
Coin long it cireula;cs for the pt,-rsss.. Of
buying and sailing for thu time, loss its IN !.
trInsic value.
As commodities gold and sil-er are capital
but ~ tn-r- mopey they mere Representa-
s,veS of value.
Al the confusion on the subject and when
has my-tifst the works on economy ar,s.s
out Il the tact OF not 1is inguishinx b-twe~u