The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1879-02-21
~ ~ rlAew tpeAlsa.
"nonAL nOSIv.n

Cnder this caption ] notice .
qucerly constructed theory, that
nothing % money. only, that which
rests upon gold. or red~ena6lc In
gold.
The author hopes that BY appeal
ing 70 men's morality. h. may be- IN.
A6Ied % create = favorable impres.
stoa, --heace calls II "moral money"
0e eaya, money Ii curiously Hike
moral principle, Moral principle has
~ adAptaolencss TO circumstances
10 10 doubt susceptible Of local modi'
llcatlons ID notoriously In these days
" 0ns .souled KrNrn-ys. Brick Pom.
eroys and ben Dutlrra. made 70 suit
the surroundings, taken In u let out
just - II may happen 20 accm con-
venicnt and profitable.
Il Ii meet that the author OF such
a article ~ the foregoing, should
receive 81 least one thrust from the
weapon he haa undertaken to WELD
against others. The authors moral
inon~y," ID the money founded by IN.
van natlona. perpetnMtrd b. semi.
civiliIed governments. and the greed
and lust 0f bArbAric communities ~
we'll - by the missr and the covetous
With ciriltsed governments came
paper currency or money. usually ~.
dcmAblc In coin, therefore govern.
I'd IN value BY che intrInsic value d
nAld coin, nevertheless bnAcd upon
the nktIOn's credit, for what Ii Turk
ish paper money worth. whether
payable In gold " silver. after the
government Ii ovrrthrownf The
same may BE- said. land with the same
propriety) II England. Russia. Ger.
many, Peru, Brazil and even ouI
great United States u America. This
value of > nations paper currency,
nay b. more fully appreciated BY
simply referring ~ the time Nhrt
tho existence VI our own I'M,
tlos wAs jcopArdi1~d by In.
eeetlns strife our obligations
rose and fell With the success
Or reverse Of battle, Notwithstanding
that those obligations were payable
b lold.
This author asys further "Bn, THU
tAtstnslc value Of paper Will alwsy'
~ having tts moral influence upon
AAy peesumptuous attempt ~ make
pApsr usurp tho place Of the precious
METALS. where D4p~r u simply the
promise % pay gold " the eQulva.
De0t of gold it occupies An hOMai
poeislon, because /. l. based upon the
world vide foundation II intrinsic
vA)ue..
n this b true, Why do national
0b)lGaitons which are payable IN
gold, (henUe. "Ssorol MONEY! vary In
vAluef u thu variation not In accord
With The nstton's political standing
the production Of gold and the con.
trlvtngs, lsgtslAtt0ns and deAllnes oil
lhas natlons creditorsf
Furthermore. II II claimed, "wheu
pAper money ID made 70 rest upon Z
lA6titious merit pvt upon ~ fAcs
Sogeg6leeo Of standing IN.
ef1oale values u n N uaprtncipled
lA1olo~r, heading IN " ; reign u
Roosspiesses. Dsntons and mob.
ma4neot."
- hAs bsen shown, that coin Il lhs
eoly money Recognised In commn'
Mics living IN ansrchy, and thai
paper currency 10 creation Of lAw
u01er ctpiitse1 governments, the wi.
~ VI sAl4 currency reSts upon the
wealth d tn nAsion, notwithstanding
thAt said currency - payable In coin
. cola y also . creation Of lAw, ths
dt0ssence between paper currSncJ
ao6 gold currency being y difference
- lDtsinalc value Of thc material
hsncs diBerenc~ u cost 70 ths rom
nunlty. - we'll - : difference ol
ecnvenoe0ee.
TAsn. ~ conclude lhAl when M
currency 10 !ssvsd by the Aationa
0overnnent, Of mxt~rinl u the lcas
poeaible lntyinsic value, directly Il
I'M people. : legal tender for dvbts
both public and private, aud In vucl
volume - viii meet shr Ad.QnNt.
requirements u trade; such meas
mrs. would eventually givr satisfnc
tion - tAe producing community
rive . more uniform value ~ rral u
veil . personal property, and bc ,
ConiornlA6ls and AccrptA biz M diuis
e <xchAage, thereby binding III.
peopDs IN onA cosninOn leAtiny Hnt
nsitlne them IN heart and purpos
osInging bAek ~ erA 81 good tesl
leG, and MT : ssiwn 0l Jl0bssl,Ierses
0Aotona. -, which might posslbl,
- preferable % shat VI : mcntes
oli6asehy. 4.
ouleisls % not more stnhnl shAs
negDsetln4 ; cough. r0r only =
es0ts you can buy ) bottle q ~
Dulls CoNeA syrup Asd " saved
from death.
- 49, nrAant~s - feaaean n pne<Am1