The midland journal. (Rising Sun, Md.) 1885-1947, 1897-01-01
" Money Chart "A New and Val.
liable Publication on the
Finance Question.

From the Chicago Express.
Among the recent books on the money question
which is plainly the most vital political issue O
the times there are so many utterly worthless
publications that it is pleasure to find one which
handles the subject in an able, truthful and com
mon sense manner.
work which comes to our table this week from
the publishing house of Charles II. Kerr & Co. ha.
merited more than ordinary attention. 1t is q
neat little book of 1876 pages written by the vel
known law author, Marvin Warren, whose work
'Ohio Criminal Law and Forms occupies place
in all the leading law libraries of the nation.
Mr.. Warren has given to this his latest work
the title money Chart" and it bears evidence o.
the most careful and thorough research, present
ing the basic truth of the finance question in a
clear, concise and forcefu manner.
The infamy of the money redemption theory is
naturally awakening much thought among cur
rency reformers who have given the subject
attention.
No other heresy has had such evil effects and
done more to befog and mystify the minds of the
people than this absurd and indefensible position
on the money question, that there must be a
metallic money of ultimate redemption"
This fallacy has been given prominent support
notably those making specious argument for
silver and so-called "double standard"
1t is the mastery manner in which this subject
is handled that gives such importance at the
present. time to this new work. The book strikes
the most vigorous and effective blows at this
popular error, and makes clear, comprehensive
and able argument for the only true money
system which can in the light of sound reason be
nppnntad Inv ipl ...l>
bottom
Mr.. Warren starts out by announcing as the
true money basis "that if all our money gold.
silver and paper, be made legal tender to pay
all debts, it will thereby all be held firmly and
constantly in parity without redemption in coin
or anything but government dues"
In restating this subject the author saws "Bear
in mind that this does not admit of any such
thing as the redeeming of paper money in coin.
such redemption as that, makes every piece of
paper money debt, to be paid in coin only and
1t Is the most vicious kind of debt because when
once paid and reissued as money, it is liable any
time to come back to be paid again"
To show the evils of this "coin redemption
abomination" is leading feature of the work.
On page "A we find a statement which must
appeal to the thoughtful mind as an important
iacl' III all tHe SUBJECT matters OF human law
there is nothing else so primarily indispensable to
the well being of mankind as an adequate and
uniform supply OF good par money"
Another point which is elaborated in this book
is the fact that 1.-THE relative quantities. in the
world, OF the two metals, gold and silver, does
not regulate their relative value, but that their
commercial value Is regulated by coinage laws
There is very plain showing up of the Juggling
with the ratio of metal coins which will interest
the student of monetary problems.
This little book can be placed to advantage in
the hands of millions who have never studied the
subject from true scientific standpoint
1t may yet fill place of much importance in
| our literature, dispellng the erroneous teaching
about money of 50 final redemption" And for this
| reason Populists can well afford to extend its
influence to the greatest extent possible, and
thereby acquaint the voting public with the vital
truths on which the work is founded-as follows
THE MONEY BASIC TRUTH"
IF all our money, gold, silver and paper, is
made legal tender to pay all debts it will there
by all be held firmly and constantly in parity
without redemption in coin or anything but
government dues"
THE TRIO OF CARDINAL MEAsURPsn
list. All money must be legal tender to nav
all debts. End. Money must be redeemable in
government dues only. 3rd. A just and constant
amount of money circulation"