The Labor enquirer., 1884-08-02

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II the eovs.pnent 3gid nct qE would
not pev you tho full equivalept this
brings back the inqaixy % the aueetiet,
u tie bond did nqt represelt the capital
IN the jackass what did ii repreapnt I
IN this ease tbs governmsnt did not kill.
tbs jaekseA A they did waa e. IKE i
from being producer Of more wealth,
and made il consumer Of the already
existing wealth uf the country. Is this
plain, / think 50 but there is this dif-I
1erenca in the two llustrations: In the
first the government borrowed the
money; 80 that Il could not be put into
to produce more capital or
wealth. In :ths second, it did not kIll
the jackass and there might be 3 possi-
bility tsfter the squivalent being paid
of being used again IN producing more
wealth or capitah In:ths first, the. gov
efnmsnt, by law, would have to make
money equisalsat TO what was burned,
or by the alaw Of taxes" robs it of the
people to make up for the amount rep
resented by the bonds: In the second,
the people would only. have sobe robbed
to pay the equivalent, and .theywould
still have the hckass to begin again to
produce wealth with without the gov
ernment having the trouble of making
another one by slaw."
& / will now proceed to take up your
position on money being Che creature Of
law and not being capital, as Mr.. George
and you hold that money is not capital
OF wealth." Now / think it is an over
look that you and he did not qualify;
your assertions thus That 20 long as
money is in circulation, it is merely q
medium of exchange, or in other words,
q token of exchange, lie. the represents
tive of one kind of labor exchanging
into a representative Of other kinds of
labor. H.
Now, So long as this state exists,
money canHot under any circumstances,
be capital or wealth. It will maintain
its equilibrium as token of exchange,
but the moment it loses this equilibrium
it proceeds to accumulate into the hands
of the many at first, and then in the
hands of the few, and this is quickened
by the law of interest, and when it 80
accnmulates. it is then called capital. or,
if you will, the products of labor stored
uplto be released, aas the heat of the
sun out of the coal ]" so says Mr.. George.
Now the pertinent inquiry comes to
the front, how does this equilibrium lose
itself and bring on the present state Of
affairs in the social body2 The clear
elucidation of this point in the present
state of the human family, is of the
highest Importance, and even at the risk
of being thought an empiric or an egotist
/ shall present my views to your readers
not at all with the intention that within
the compass of this letter can grapple
with all Of them, but if / can only ac-
complish the task Of presenting one OF
two, it may be the means of causing us
to look up the matter aud think for our
selves. a!
Now, toiillustrate, the human being is
in want OF a great many things for, the
fulfillment of It's destiny, even in its most
primitive state. and, in addition to these
wants. it is endowed with other qualities,
for instance, cunning, observation. rea-
soning, etc. 1t has got to be fed and
kept in health, and in order to provide
for the former it must be in a state Of
healths=if sickness intervenes then it
becomes incapable of procuring the
former condition for its existence, and
from the most primitive time up to the
present, society has had its medicine
men: Now we will take the medicine
man of the primitive stage of society
and what is the result? He and his
neighbors start out in the race for life
equal, but he from his observation sees
l z. -. 81.
thatsome of his nsighbors get sick and
are not able to get the necessaries of life.
1t may be from his superior cunning, Of
reasoning, or both combined, he attempts
to cure his neighbor of his sickness, and
by the force of imagination, or will, OF