The midland journal. (Rising Sun, Md.) 1885-1947, 1893-02-10
All Money Fiat Money.

The beneiciaries of bad laws are never
reformers. The sufferers from such laws are
the parties who recognize reform and fight
the reforms through. The contest over
the abuses of financial laws is now going on
These abuses are hoary with age and by
false teaching have fastened themselves so
firmly on the popular mind it will require
tremendous effort 10 dslodge and destroy
them. All laws are without effect and are
dead letters until the machinery and pen
alties are provided - give them vitality.
The magistrate, the constable, the Courts,
the Jury are the machinery provided to
vitalize most laws. The laws Of finance
need more than these. They need the
emblem of the law TO give it vitality. That
emblem is money. That emblem may re
whatever the law appoints. 1t may be
silver, it may be gold, it may be paper, or
composed of all of these, but whatever ma
terial is chosen it must bear the ensignia o.
the law, and on whatever that emblem is
placed it becomes money, with the law and
the officers of the law behind it to enforce
the edict of the government. If the law
does not appoint gold to bear its emblem,
gold become commodity and is sold in the
market along with all other kinds of mer-
chandse. If silver is not chosen, silver
shares the same fate. And if paper is
chosen it is at once vitalized and is the
medium which will move commerce and
| business in that nation.
This truth must be impressed on the
minds of the people; that nothing is money
but what the claws OF the realm" ordain as
money, and that legally appointed emblem
of the law alone will suffice to put in motion
the forces of industry and the merchandise
of commerce. If gold and silver were dis
barred from acting as the emblems of the
financial laws of the United States and were
and disbursements of some five hundred
million dollars annually, and legal tender
paper alone were used for this purpose, both
gold and silver would have no more inau-
ence on the business and industries of the
nation than pig lion, copper and lead.
Therefore it is plain that all money is 'fal
money" whether gold silver or paper.
Reformers must impress this fundamental
truth on the public mind before it can be
divest of the fetish of gold which it now
worships. Millions of otherwise intelligent
| IL hol, -, II. =
money at all, and moreover it is the greatest
misfortune which at this time preys on
civilized society, that gold is nsed for money
purposes. 1t should be confined entirely to
the arts-used for the manufacture OF
jewelry and other ornamental purposes, for
teeth Filings, guiding, etc., and the sooner
honest industry and legitimate trade. No
honest investigator will fail to reach any
other conclusion who will carefully study
the history of gold. 1t was the money of
barberous and half civilized nations. 1t
shonld be banished as money with the
customs, manners and usages of such prim-
tive people. Gold should have no place as
money in civilized modern society. 1t has
become IA constant obstructer and mar-plo oil
legitimate business, and is used only by a
class gold gambling bankers 10 swindle and
rob under forms of law, the rest ofthe world
| Ii is the main factor of Jewish conspiracy
against the rest Of mankind. In proof OF
this fact we point the reader to the unques-
toned fact that the Rothschild family con-
troll all the gold in the world except that
which is hidden away and completely out OF
use as money, or is made into jewelry and
other ornaments. We challenge any gold
bowler 10 deny these truths.