The Meridional. (Abbeville, La.) 1856-1906, 1893-08-05

5. &. lafleetg
that he lately djsc
matte gentleman Ea
abauts4 wha helc .J1 that
Gozeraneut Ga4.d -.9t. 1eaEe 3
thing oaE Of ao,hja5, tlaz IN sags
Congress, BY tegislatjo0,. oon.t 7oS.
create aug actual 72lgn. or go& h,
:SuaR wps lh3s geatleraao's dCrn@~
tl*m, gti:2h Mir. Bagdes'7 ~at.qop1s
10 "sil dcpn 20 IN his comGnaBica-
ion; by asserting his dog1aa, that
Congress can and has actually crel-
sad something ont of nothing, 5ir,
Hurdessy says d good zeal About
braiqs md education. from which ]
iu:er that he thiuks that man with
cut either IN Just as wise IS che peg
sessei of both, and that one man'e
opinions about finance 0r chemistry
is just az good as aoolhGg's. ~ dog
matte geatien are plenty all over the
world, the pnllic has no interest in
the d0gmatic gentleman, and shall
not farther notice him, or what Mr..
Fl. says about brains and efucat,on,
but wish only to notice Mr., IFS dog
matism. The question of The United
States going iuto. the business Of
making fiat MONEY is important to
every BODY, aud should be we'll M
derstood. The specious failacies,
contained in Mr. HIS article, are lia,
lie 10 mislead people, who do not
think about these things closely. and
NAV do harm. It is 10 correct This
tendency thai attempt to refate Mr..
Hardeaiy's tallacles.
Mr., Ell. talks about facts. and pro.
poses TO refute the dogmatism Of The
dogTaatie gentleman. and al Others
Ike him, by an array Of facts. lie
who resorts 10 facts should always
be very sure Of his facts, and that
they signify what be supposes,
In Ir. lis case, his assumed facts
arc not all certain, and if they we're,
would not prove, that q government
can create actual value out Of moth.
fng, BY legislatioa-far from it.
In the first place that o govern.
mens by legislation San actually
create any actual 7aluo--real sub
staatial actual wealth, ont Of nothing
is q most astonishing proposition /
It's absurdity is stamped on the face
IF it, as plain ss the lie that is
stamped on the face If q silver
dollar. Some there are, that can see
neither the one nor the other. IF
Congress can createRaIue by stamp.
ing nickels. bits Of cheap silver. and
cheaper paper, yith the names Of
coins, as Mr.. Fl. supposes he has
ployed, then there can be no limit to
the wealth that Congress can create,
except the ink, paper, &C., which is
to be stamped. and as these are prac.
tically illinitable. then Congress eau
create ont Of this rubbish billions
and hundreds of billions of dollars
Of actual substantial value. Why
did not some geuins discover this in
the time of the civil war; and why
did the United States borrow mill
lions OF dollars from the gold bugs,
and create an enormous debt, When
they could inst as well have created
the money out and out, aud had no
public debt at all
BIT it Is not too late ye to do
some good. Why not pay OF The
National debt at once, with this
something made ont of nothing !?
Why not? And still further, why
not stop collecting those confounded
taxes, and RIM the government on
fiat money. Why not? Abolish the
tariff as ence; there Is no longer
need of revenue. Why does Mr.. Ell.
and his fellow dreamers ask Con<
gresas to make and lend them the far
mers dat money made out of nothing,
al go INTEREST," Why pay interest
on it, and refund the principal, since
government can have no use for il !?
Why not create billions sn:l give
everybody al they ak f5r, ami mak Ike
ne milliouaires !? Why not Bro. Il ?
II Your 'Dogma' is trro, it 10 IN
easy thing to do.
Here is Immortality and eternal
fame for you, if you can demonstrate
Nnnr dngma To Tho world Al Ehn