The weekly Floridian. [volume] (Tallahassee, Fla.) 1867-19??, 1891-12-26

nome. It we purchase anything from for
elgn countries II is best and desirable that
we pay IN an exchange of commodities. Ii
our money is current in foreign couatries
one will import their commodities and sell
1t Tor our money and carry 1t abroai and
thus deprive as OF our circulating medium.
But, If our money il not current abroad
they will import these goods and sell them
tor our money then with the money pur-
chase here something which they can sell
abroad at profit, and thus have the money
at home.
Now what kind Of money sha Il we have
to secure this object, certainly nothing OF
intrinsic value, but simply government
paper. fiat money. Gold and silver will
not do for money as circulating medium
for many and various reasons.
The first and principal reason Is, .ha,
there is not agh OF 1t, the supply is li,n-
tied and at pre- sent mono polized. II is un
fit because il can be monopolized.
1t ia unfit because it is intrinsic value
and any dollar of it costs 100 cents and the
government must tax the people to pay in
terest upon it's cost, and when few years
shall have pas ed it is consumed in the
arts. converted into watches, jewelry, plate,
spoons and plugged into hollow teeth
worn out and destroyed, the little left being
buried by the miser, and our circulating
medium has disappeared, yet, we are con
tinually and for all time to come taxed i,
pay the interest upon its cost, coin has en-
shaved the world long enough Our only
remedy is to demonatize both gold and sil-
yer; let them be aud forever remain a
commercial article If one wants it let
him purchase it-those holding it canno,
complain that il is demon r:tizei, for they
claim that it is intrinsic value; we'll, If in
trinsic value it will sell for the money, the
sign manual of sovereingty is money and
nothing else. We want money that can be
used for nothing else bat money. We do
not want it for watches, jewelry or spoons,
but for money and nothing else.
And when used legitimaiely, q paper
dollar costing one cent IL just as good and
answers every purpose Of = silver dollar
costing 100 cents, and is much easier to
handle, and when worn or mutilaled can
hs replaced at the costof cent insiead Of
lO0:eenta. 49, .sr:ssss sss.sss : y
But oh! rays oae, you would f3od
the country with paper that would soon
become worthless. Now to all such say,
that you are but simply utering the hue
and cry OF the monopolist, the parties who
own the coin and want nothing introduced
as substitute.
There never could be too much money
in circulation under proper financial
system
The government should provide '.first
paper and loan it to any one at one per
cent interest. that would give good security
for it. Now, common sense should teach
any one Of ordinary intelligence that no
one would apply for money and give good
security tor il, unlsss he wanted 1t and 30
soon as done with il be would return it;
stop interet and redeem his property
hence there would be . continual borrow
ing and returning. and never toe much
money, and never too little, and such .
thing q financial crisis would never be
known; in fact, could never occur, and in
Ave years we would. be the most happy and
prosperous people upon earth
Bul ssys another. why not have gold
silver and paper all n money. as At pres
ent2 The reason is obvious to any one oi
ordinary intelligence. There are always
those who think tools were made as food
for wise ones, and the majority Of I'VE
mortals' are fools beyond doubt, and are
easily persuaded that silver or gold doL
lar ID worth more than paper dollar, hence
they will put up brokers 0ffices and ira
duce paper and purchase Il 1t . discount,
and accumulate wealth of Of the credulity
Of Sools. For this reason there should be
bat one medium Of exchsnge. Fiat money,
But now comes another and wants Q re.
deemer ior his" Fiat money" Well my friend
Il b easily furnished. Purchase . barrel ol
pork o. Aour or anything else you want
with yous money and Il b redeemed. F0i
what purpose do y0u want money ~
desmed 7 II redeemed II b no lonke1