The times. [volume] (Richmond, Va.) 1890-1903, 1893-07-09

| logically lead inem 10 oemhnu ''at "ia
| currency should be either directly Issued
or guaranteed by the Government There
fore. II strength alone Ia the question to
| be considered, every one ought 10 favor
the Government Issuing or guaranteeing
and watching over all currency that fs
/ issued. But there are other considera-
uone brought into view at this point.
There are many sound thinkers who
claim that this Is socialism pure and
simple. The socialists theory Ia that all
the affairs Of life shall be regulated by
government. Those who oppose socialism
say that government shall interfere as
little as possible with the daily life OF
the citizen. They concede the necessity
for government, but that government Is
70 provide for the common defense. estab-
ush rules for preserving order. exercise
all police powers necessary for caring
for health and the public morals. and.
after these and few more such matters
are attended 20. each citizen, they say
shouid be left TO work out his own des-
tiny I'm the way that suits him best That
IL the ideal liberty regulated by law
Now say those who oppose the Govern
men, having any connection wnh the
matter az all, II we concede that the Gov
ernnent may look after negotiable paper
,,keIy 10 circulate from hard 10 hanu'
and prescribe measures that VIII secure
each citizen against the unfortunate con-
seouence 10 him OF exercising bad juog-
n,nt IN taking some OF these notes. upon
WI at principle can we deny to govern
ncnt the right and duty 70 look after
irirudcnt citizens in another relation 81
life where they are apt 10 exercise bad
4, dgment and get themselves into trouble?
II re concode this duty 10 Cove nment,
do we not give ~ the whole case to
the SOCIALIST? II II be admitted that gcv-
cinment may properly protect tn. citizen
when he runs d risk OF being ilI osed
uron by securing bad negotiable paper.
d We not then concede TO government the
right and duty 10 protect the citizen
ish action that he may take? And II 20
how can we condemn Tillman for Inon' p
olizing the sale OF liquor In South Caro-
lima or for keeping all the hotels there II
he thought South Caroinians would he
better off with Government Hotels? 1T Is
not possible 10 draw the dividing line
without discussing here the merits or de-
merits Of socialism II is plain that 60
ciaiism is conceded when the Government
is permitted 20 protect the citizen from
the unhappy consequences of taking ne
gotiable paper that Is NOT well secured.
The third school cay that they abhor
the proposition that government is TO
be wet nurse for the citizen. They gay
there is but one money. which is coin,
and that the Governments entire connec-
ton with that is 20 mint 1t and stamp
on each piece certificate that IT con-
talns a certain quantity OF metal OF
certain fineness. so that the citizen may
be sure Of receiving what he seeks when
ne takes a piece of e. After that, say
they. what we call paper currency Is
exactly the same az the negotiable notes
which merchants give their customers.
These are promises 10 pay coin on de-
mand or at a certain time, and all men
should have the right to put these out
as their convenience requires and all
men should have liberty to trade for them
as they trade for apples or gridirons.
They say Il Is an intolerable piece or
tyranny for government TO NEEDLE with
the matter and restrain the citizen in
his natural liberty to trade for these as
he trades for any other article OF mer-
chandise the meddllng, when II takes
place abrldging the citizens ability 10
make thousands Of profitable transactions
which he could otherwise have
done. Finally. 10 pursue the
matter no further. they say
this was the idea upon which our Gov
eminent was formed and conducted until
it got perverted from its whole theory
by the war. All men put out these notes
as tNey CHOSc, piiOi ~ bpVi' ''N'S "''' NA'
abundance OF gold coin all over the land.
and no land ever went forward with such
n bound az fell TO Americas lot between
1900 and 1861 Since the war the detestabie
Republican party idea has been inculcated
that we should lean on the Government
for everything. What is the result? The
money of the land Is concentrated In the
hands OF few who let the body OF the
people have II as they please to dole II
cut. and the great body polite Is starving
for means to effect the ordinary ex-
changes OF life.
----------------------
THANKFULNEss.
There is hardly anything more moru-
flying and irritating than insra"to'e' we
MI