The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1885-08-27

"a Money, ya!mcic.s keep: II. Money. the
Only Patriotic Money
A few weeks ago we copied an article
from the British Canadian of Simcoe,
Ontario, showing that til. light is
spreading "oyer the border" In later
issue OF the Same paper we find
the following excel. mt article, which
we comment 10 the consideration Of
Americans:
a national money, valuslsss except
as money, is the true national policy.
The object Of II tional policy is to
compel II i.at.on to nt,li.e it., own re-
sources anl employ lis own labor, in
stea! OF buying wat it has or can pro-
duce or employing he labor OF another
country. 4 oney that has coMmod-
ity value can not be nut onai money
it can havs. no country, 10: it will go
not as money but as commodity wher-
ever it's owner Ges,res to end it, and
that will b. wherever t Will pay
him hest to ne it. A money
which has no commodity, but
only ln.ney ,.:;p, may ie.ve
the country OF VIII oh it Is the money:
Uub IL sGlSoU IEiii.SiI Nv y tCStuSt
having no yaiu" as conn olity. it
must return 10 tie country Of which it
is the money. because III / at country
it is of the Creates sa'ne 10 is owner.
As money is tine power by which labor
is chiefly employed-by which produc-
ton is largely exchanged; therefore
money that is only valuable because it
can be used in paying for the labor or
in exchanging for the productions Of
the country Of which il is the money,
is the true national policy, because it
will compel its owners to use the pro-
duction and employ the labor Of the
country Of which it Is the money. Such
. money, while it would afford the best
and truest protection to home industry
"a protection without tariffs, would
place no barriers or restrictions upon
trade with other nations, be-
cause, as money is the meas
ure and representative Of the
value of the labor or production for
which it was received in payment or in
exchange, each nation having its own
measure which would not be affected
by the measure of other nations, could
then exchange productions without
lowering or raising the productions of
one nation to the level Of those of an
other, just rs now, as wheat is ex-
changed for oats or horses for cattle
without the values of either being
raised or lowered to the level Of the
other by exchange. Free trade and
protection to home industry would not
then be antagonistic forces. A money.
valueless except as money, is the
only patriotic money. If trouble arises
in nation, money made of gold or sill
yer, or any other commodity Of value.
can leave the country in moment,
but money having no value ex-
cept as money must remain at
homo to fight its country1s bat
ties. Every person who has o dol
lar Of this money has his interest to an
equal extent stimulating his patriotism
to defend his country and to maintain
and insure the stability of government
al institutions. Such a money is there
fore truly patriotic money. If o
national policy aims at building up
nation, money having no value, ex-
cept its money value, is the truest
national policy. Such money is pure
" national, and its only value is its
usefulness as IN agency for the cm-
ployment of its couptry's labor. for the
development Of its resources, and for
stimulating tie patriotism OF its peo-
pie. Tariffs, as n'criin. protection
to industry, are Tut ma. e,hi is which
benefit some AMI inlure others, and are
only iust;fable as being IS CT evils
than those they aim t re l. a:; but
nro. ac. o.. =, tho in.lnsinv .s q, n.rv
through its money, ri cs ads. t.. -, to
none, and il therefore inst II MI.
Chicago Sentinel.