The Saline County journal. [volume] (Salina, Kan.) 1871-1893, 1891-10-22
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There 10 . money that saves and
eivilizes, aud there 10 . money that
enslsves and destfoye." "Money 10
function created by Law, and not .
product Of nature" "An Intrinsic
money 10 the money OF barbarism,
and tends To that form Of society"
"Such Ii the concurrent testimony
Of impartial history"
All Of these assertions are made by
John Davis. NJ. C., Of Junction City.
He makes them further more with
out one shadow Of proof. In the face
Of conditions. such assertions betray
. disregard of truth, which Is very
astonishing. Now what does the
concurrent testimony OF impartial
history teach in the present condi-
ton Of Great Britain? The govern
ment Of Great Britain, recognizes
the unit standard of gold, In her
monetary system. The testimony Of
impartial history teaches that she
struggled through long businessand
commercial experience aud at this
time IL the chief manufscturingcoun-
try, aud . mistress Of the high seas.
CHE has reached aud maintains the
simplest aud best monetary standard
standard I'm the world. Is Great
Britain the most barbarous nation
In the world? Has che the most un-
civilized people In the world? Ger
tainly no one possessing n sane mind
would answer these questions In the
Affirmative.
Second. The concurrent testi-
mony, OF impartial history teaches,
that the Argentine Republic, for the
last quarter Of a century, repudiated
the unit gold standard In her none
tary system and adopted q fiat or
Function" Standard, IL you please,
Of paper money. Recently she re-
stored the gold standard aud is now
endeavoring to reconsti uct her busi-
ness aud commerce, and place them
upon q gold basis. Is the Argentine
Republic the most enlightened
power I'm the world? Has she the
least barbarian and most civilized
people In the world? Let her posi-
ton i'm the commercial and the liter
airy world answer those questions.
The answer il the concurrent testi-
mony OF impartial history.
Thirdly. The Republic OF Mexico
has q bimetalisc monetary system.
she has gold and silver. Her silver
possesses q fiat In "functidh" money
value. Gold will not stay long
enough In tine country to allow the
money function to be attached to it.
Silver alone circulates and In the
markets Of the world Mexican silver
coin is worth only about seventy
five cents on the dollar. The Mex
icau people therefore have practical
ly and have had for many years prac.
tically q "function money" system.
Is Mexico the most civilized nation
or republic on the face Of the globe?
Are the people OF Mexico the least
barbarious and the most civilized
people In the world? Let conditions
answer these questions. Let the
concurrent testimony Of impartial
history decide upon the bsrbarous
tendencies OF "intrinsic" money.
Take the Rome Empire wien she
was in the zenith Of her power and
commercial greatness among the
ancient empires Of the world. She
had a metallic currency with Cesar's
bust and superscription upon the
coin. The concurrent testimony of
impartial history proves that mate
rial greatness has always been
accompanied with an 'intrinsic
money" The concurrent testimony
OF impartial history shows that an
"intrinsic money" has always ac-
companied the highest civilization
and the greatest national refinment.
The concurrent testimony Of impair
tial history also shows that the be-
ginning OF the end OF every great
nations power and prosperity was
marked by the time when she began
. dishonest, profligate and luxurious
degeneration. When nations. like in
dividuals began to violate their obli-
cations by substituting fictitious val
uesfor real values.
1t Is remarkably strange that
such visionary financial sophistries
as these above quoted CAN find cred
ence in this age Of knowledge and
boasted wisdom. National condi-
tions ~ we find them to-day are not
q perversion Of history but fulfill
ment Of history. "The history of
the world is the worlds Judgment"
II the condition of the commercial
world to-day proves that this Is the
most barbsrous and uncivilized age
Of the world, then "intrinsic money"
has q barbarous tendency" But
scientists, philosophers, philanthro-
pists, religionists and optimists of all
classes agree In lsuding the present
period as the most enlightened
period In the world history and IL Is
. period in which the commercial
world transacts the business upon an
''intrinsic monetary system," and
gold II the unit or measure of values.
Does not Mr.. Dsvis's history prove
too much for his side Of the question
1t proves, according to Mr.. Dsvis's
own conclusions, that this is the
most barbarous age, or the age with
the most barbarous tendencies Of
any age preceding It? IL the con-
current testimony Of impartial his
tory shows . barbarous tendency In
this age, then we submit that We
have made no progress In the world
In civilization, Christianity, intelli-
gence, and art and science? To-day
the five leading commercial powers,
Of the world agree upon an intrinsic
money, which fact is o refutation Of
all Of Mr.. Davis elap-trap about
Function money" being the money
that saves and civilizes. -
Rslins nof 10 100,