The Democrat. (Scotland Neck, Halifax Co., N.C.) 1884-1896, 1886-01-07

tina t The country coulu be n:od ed witt
oo mIca money for tic wants O.
business as now filed by the country
with even the whole Of the,$2CO. 600
1000 lying Idle in tie government
Vaults. is strange to me. cordially
iagrce with you, that silver aud a
gold dollar should at all times be
equal in value.
My arithmetic says one dollar i.
equal to one hundred centa," ant
this being so, why should the govern
ment stamp Il fraud upon the face O
its money obligations? It is the
first stamp, based upon the property
of the nation, that gives money its
value, and not the material out OF
which it is made. Gold and silver
have no tinrinsic value only as they
may be used in the arts, more than
paper.
This question Of finance, is q
troublesome ard intricate one, and
to be properly understood, requires
profound study. The most impor-
taat law that ever VAS, or Gun be
enacted IN any State or nation, is
that in relation to its finances.
Every one knows that man is the
medium through and by which the
distribution OF property is made, and
thus effects in an inconceiyable
number Of ways, the relations o!
man to man, in every walk of life.
! If the original laws are based upon
wrong principles no amount of sub
lsequent legislation to put said laws
in operation. c&n ontxely remedy
The effect.
The result will be, that the wrong
distribution Of property upon a false
financial basis, will have ali injuri-
Gus effect upon society Throughout
all its rami6catioas. II grea,
wrongs prevail, while there is gen
era! and willing conformity to ex-
isting laws, apparently designed tc
mete ou. justice TO all, there must be
the sams1se for this state and it
behooyeo to look it up. The
!. main effect for which governments
, exist. is to insure protection to ths
/ rights Of property. The welfare o
it's people imperatively demands this
The failure to do this is the cause O
l all, Or nearly all legal procedure
Again, to obtain labor without rem
dering a just equivalent, is q palpa
= bic violation of the ights of proper
elty. Why and how, some will
AskY The answer is, that propcrt.
IS almost entirely tho result of labor
= What would be the value Of lan'
without laborto cultivate and utiliz
lit7 Even the spontane
Gus productions of the cart
would be yalucless without labo,
20 render them fit for the sustenanc
Of man.
Every comfort, luxury, and neces
t sary OF life, is tho result Of l2or
a Suppose all husbandry, the mechar
: ical arts, railroads, national an
international improvements, were
ne suspended for the space Of thre
.,r four years, what would be the RI
e .sult.
& / mention this to show, that labe
Il the rcpresentative-that whic
] creates property. In this counee
ion l would state that if is the fs
I ner and the laboser, that are Il
greatest sufferers by this dcfocti'
a system Of finance.
As / have said before, the natu
and regulation Of money appear to
: subjects Of great difficulty.
al We have not, a. general ru
t ,;udiAJ it's functions and found t!
proper answer to ths many per
,lexing question. Ia relation to II
I .,4lue anl reguls&ioa. The fFeque'
.oarcitY, sat not oHe. abundance
II noney ct least In tso south and Val
.tioas II iuttrAat, axe view~t - |
II ,sistiblc evli2 inherent 70 she sy;
| em.
: It woula seam, FROM the -
:. .r articles Of shs y
old ana ei,vs< poS(
! GUS power, VIII
;. ion, a.d>a