The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1879-05-22
Metal Money Despotism.
Editor, Redwood Gazette,
Nav 02d 1869.

May 22d 1869.
A fraction over one hundred years
ago, our revolutionary fathers fired
the first shot in defence of. Repre-
sentative government; arousing the
sleeping denizens of effete and de-
caying dynasties, causing thought to
seize the reins of the harnessed
forces and elements, which became
obedint like we'll trained steeds; and
the work of centuries has been
wrought in decades. And then,
after this glorious achievement, en-
grated, in their folly, in its consti-
tuition, system of finance, born Of
barbarism, tending logically, to
aristocracy, and ultimate constitu-
tional monarchy. Scarcely had the
smoke and dust of battle lifted, and
we had emerged into the sunlight
liberty, than the aristocratic ennis
saries of the money power, began to
regulate and control in many ways,
the financial interests of the people
and nation, making them believe,
that there is no'money gold and sill
yer, then they we'll know, that they
can not only rule this nation but the
kingdoms Of earth, reducing the
toiling millions to "hewers of wood
and drawers of water" Buckle, in
his history of civilization, very phil
osophically and logically says; 'As
long as it was generally believed
that the wealth of a country consists
in its gold, it was also believed, that
the sole object, was to cause the in
fux into the country of the precious
metals; it was therefore natural that
government should be expected to
take. measures by which such influx
could be secured. This could only
be done by draining other countries
of these precious metals, result,
which they in turn, for precisely the
same reason strenuously resist"
One of the great truths to be devel-
eped and understood in this discus
is, that gold, silver or paper money
is not wealth but are NEARLY repre-
sentatives of wealth; none of the az
cles actually redress any want them
selves, by virtue of their intrinsic
qualities, either to individuals or ma
tons. Wealth itself, labor and the
raw material, also houses, lands,
herds, focks and seas; these ar
ticles of themselves can and do act
ually redress our needs, and that
money, in all its relations, is of no
possible use to an individual, or ma
ton; save the measuring, and circul-
ating the wealth of individuals and
nations, serving no other use what
ever. Therefore, all the notions
and dogmas Of the supreme
importance of the precious
metals, falsely so called) falls at
once to the ground, without any
hope of restoration, in the degenera-
cy and impotency of the mass of
mankind. The soundness of this
philosopy cannot be questioned, and
it is only.to be regretted, that it has
not long since been realized, by the
nations and the wealth producers
thereof. We wage an unremitting
warfare against the supreme import.
ance of these metals. A brighter
day is beginning to dawn, already
that true financial light is manteling
the hilltops with its beautiful sheene,
presently the plains and the inter.
viewing valleys, will be blessed with
its life-giving power, and the idols
of gold, silver, nickel and brass, will
flee away to their native hiding
place, or assume their Legitimate
place in the arts and sciences. The
entire experience of the world, has
amply demonstrated, the utter ina
bility of gold and silver, as circul
ating medium. . When it is mos,
need, it is always absent. 1t never
has, nor never can, perform all the
functions of money in 3 civilized
state. A little coin, and large
amount of confidence, constitute the
tickle basis of a bank currency
Gold and silver in the form of bull
ion, setting balances between ziti
zens of Independent soverignties il
of importance, but as an exchangt
in the form of money, as domesti,
institution, it is q stupendous fraud
G.P. G..
! WAAr is more deserving Of ou
sympathy than young man will
fifteen cents in his poket . giH o,
each arm and seven ice cream sina.
lin sight?