The examiner., 1886-01-16
ATKINSONS LOGIC BADLY SPOILED.
The Great e. Finnncier Tripped up in every R Ound by nn IN Onesi Yankee
 Farmer.
 Reprinted From Our County.

Thc NEreRt (SI FfmumChef Irtppe0 up ln
 every R Onnd by am Honest Yankee
 Farmer.
 Reprinted From Our County.
 The last number of Bud Lreet'S con tains an article from the pen of E lward Atkinson under the caption, ''Is Goll Be coming Scarce," which Is so full of inher cut contradictions and naked mis state ments of facts that for the beuefi5 of those who accept the teachings of that school of philosophy, I have compared some of his statements with others, and some with facts and authorities, as follows:
 The world might be saved a vast deal of uncertainty and loss, if courts of compe tent jurisdiction would now give legal definition to the word money, and restrict it in law to coins made of gold and silver EDWARD ATKINSON.
 Gold and silver are both monetized by higher law than that of any state or group cf states. If a legislative body can bv its u1Ssaususg4eg~ ~sff~vE~ daa god fioney, 1T by its fDt it can unmake or demonetize either metal, is it not folly to exercise this .fdt in respect to such costly substances? Why not stamp or coin paper or leather at once? EDWARD ATKINSON.
 The use of gold and silver in the United States does rest upon acts of legal tender or upon coinage acts.-EDwARD ATKINSON.
 The statutes of legal tender forced all good coin out of use in 1861.- EDWARD ATKINSON.
 Good money needs no act of legal tender t' enforce it's acceptance by the creditor.- EDw ARD ATKINSON.
 When coinage acts are supplemented by statutes of legal tender, the poorest, least valuable and most uncertain kinds of legal tender money, or imitation of money made of paper, will drive good coined money out of use.-EDwARD ATKINSON.
 Gold and silver were money and were monetized before any statutes had been en- acted in regard to them -EDwARD ATKIN- SON.
 Money is the creation of law. .ARIRToTLE.
 Money is the sovereign authority of gov ernment imprinted upon some substance.- TIFFANY.
 Money is quality, not substance BINGHAM.
 All money is fdt-law.-MART1N
 It is beyond the power of any single state or group of states either, to monetize or demonetize silver-EDwARD ATKINSON.
 The United States, Germany and other states and groups of states have "mone- ttz4d and demonetized" silver.-BINGHAM
 An act of legal tender by which the terms of all existing contracts are impaired can only be justified as a war measure for the collection of forced loan.-EDwARD ATKINSON.
 The constitution guarantees to Congress power to impart the legal tender quality to money in time of peace us we'll as war.-U. s. SUPREME CoURT.
 Sil-er has not ceased to be money Tn England or Germany, although it is not a full legal tender.-EDwARD ATKINSON.
 Paper, copper. zinc, nickel. etc., have not ceased to be money in the United States although they are not full legal tender.- BINGHAM.
 Trade dollars are not up to the gold standard and are for that reason refused. --EDWARD ATKINSON.
 Trade dollars are seven and one-half than are standard dollars, and the stand ard dollars are not refused, why?-BING HAM,
 If all acts of legal tender were repealed and the Government gave up the function of coinage, does any one believe that com mer e would cease? or that the use of both gold and silver money metals would be scontinued?-EDwARD ATKINSON.
 No, Venice made all her exchanges with paper money, for six hundred years, with out metal basis, and it always commanded a premium over the gold and silver coins of other nations S-RINGHAM
 Would not all long contracts be made in terms of, weight of metal?-EDWARD All KINsoN. .-... ...
 No, we are in the nineteenth century, and the system of barter as practiced by barbarous nations has been supplanted by a money system in all civilized nations and among all classes except advocates of metal noney.-BINGHAM.
 Since the time that Joe Hawley declared that money value must depend upon the weight and fneness of he metal, :" and Bob Ingersoll that ''the yard stick must be made of gold" no such lamentable display of ignorance on this topic has ever humil.- ated the common serse of the nineteenth century civilization. Grade dollars re- fused because they are not up to the gold standard!" Are paper dollars accepted because they contain a dollars worth of paper2 or any of the haser coins because they contain a dollars worth of materlal? Did the old greenback stand side by side with gold in purchasing power during the war because 1t contained dollars worth of material? Yet such was the fact. No, MT. A, you will some time learn the differ ence between intrinsic, commodity and money value, and that the money value of any material is that imparted to it by law that there is strictly no such thing as gold, silver, or paper money, but they are sub stances upon which the quality of money, fiat law are stamped, coined or printed; and I trust that your dignity will not be abased If you compelled to learn it from "the mouths of the babes aud suck lings s. D. BINGHAM.
 Rioerton, Conn. Dec. 'S4.
 NOBLE WORDS OF A NOBLE WOMAN.
 When society is ready to furnish oppor- tunity for every man 10 work and keep for himself and family the product of his bor