Kansas agitator. [volume] (Garnett, Kan.) 1890-1905, 1898-02-18
was to claim a divine right TO eaz and

was to claim a divine right TO ba1 and
enslave the masses for the aggrandlze-
ment of their masters. The monetary
system of these modern barons OF
mammon is for the same object.
"There is a clear distinction DO
tween the functions of money as stan
dard Of value and medium OF ex-
change" say the conspirators, but they
fail to point out the necessity for such
difference, except that bank issued
money can never be anything but
promise to pay" money. From these
premises they argue. or assume, that
government cannot make standard
money out OF anything but gold. inc
term standard money" is only an IN
genious juggle for the term legal ten
der They assume to deny the sover-
eign power Of government to coin
money and regulate the value thereof
by claiming in this enlightened age
that money is only commodity nav
ing a certain fixed value, and that goid
has fixed value, hence 1t is the divine
ly appointed money metal! Prior to
1873 silver possessed this fixed value
in France. In the United States 1t was
three per cent above the gold value,
and was royal standard" money ev-
erywhere in the world. A change In
the minting laws of three or four great
nations altered the value OF silver at
once. These stubborn facts upset the
flimsy theory of the goldites.
The function to transfer values is the
only legitimate function money pos
sesses, and that is given 1t by law.
Money is a creation Of law as Aristotle
proclaimed three thousand years ago,
fact that had never been questioned till
Satan raised up the modern gold-bug
plutocracy. An to transfer value and
record price is all the work money ever
did or ever can do.
Gold as a commodity is used to bal
ance accounts between traders OF diff
ferent nations, and so is every other
commodity.
1t is not used to transfer values be-
tween citizens of the same country, but
mast first be stamped into money by
the government. Pound gold coin
into a shapeless mass, and no trader
will accept it in satisfaction OF his bill.
No bank will credit 1t on depositor's
account. And yet the Shylocks have
the brass to gravely tell the people
that all money must have commodity
value equal to It's money value! When
ever their claims for money are put to
the test of analysis every one fails. and
proves their claims to be sophistries
and tissue of falsehoods.
Redemption" is another fake. like
the chained lions in Pilgrims Progress,
utterly harmless. Money must be re-
dasmed, declare the conspirators one
sgd all. And it must be redeemed In
gUld. One simple fact refutes this the
err There is not one dollar OF gold
to redeem with, to twenty, or probably
a hundred of the kind to be redeemed,
if redemption were legitimate factor
in the money problem. Redemption is
bankers fake. His bills are not
money at all, and have to lean on some
thing for support, hence the senseless
claim of redeeming true money.
Money is a medium of exchange. A
exchanges merchandise with B for
money. B has the merchandise and A
has received the recorded value in the
shape of money, and the same, or SINH
lar transactions is repeated 6 million
times. 1t is going on every hour In
the day from years end to years end,
and the identical same money is doing
the work. Where does the "redemp-
ton" come in, and what object car
there be in redeeming money! Exact
ly the same object that two men have
who are playing poker. One calls
the other when he believes he has the
advantage of him. This redemption
poker-money game was played by Pier
pont Morgan and Cleveland. Morgan
came down with flush hand of green
backs, and Cleveland pretended he
couldn't see Morgan, and went out and
borrowed two hundred and sixty-two
millions, giving Morgan notes payable
in ten to thirty years on the govern,
ment. Cleveland, unlike most players
was richer after losing than before
This is the nature and true inwardness
of redemption money. The object IL
to cheat the people.
There is another class Of redemp.
tionists. They are not gamblers OIL
rogues, and 1t would not be just or kind
to call them fools. They probably are
not we'll informed. They say money IL
redeemed every time it is paid in taxes
or exchanged for other things. But Is
it? A carter is hauling sand from the
river bank to the masons. When hi
delivers a load of sand does he redeem
his cart? He has made transfer Of
exchange of sand from place to place
That is all. His cart is still intact
ready for another load. When the hod
carrier receives his pay from the build
er does he go through the process o.
anything like redeeming? He has ex
ohio n oad his labor for tho money II,