Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1898-09-14


The constant need Of money BY man
IN his civilized and erteirious oautc
D. one of the things that grows by whai
I % feeds on. that IT, the moro money the
more need ~ o.. We forsakc habits Of
trade and irlmc by having circulnt-
Ing medium representing value hutanu,
being inirinsloiily valuable and hay.
lnr lis backing la the laws and novtr-
cignty VI the country and the more Of
this latter thc Ices Of the former
naturally enough. also. The greater
the amount " such medium the moro
numerous The transactions and the
more closely arr thoro who engage 10
ihom thus brought together.
This article Is no. intended 40 a dr.
s.-iatiln ou the money question by any
mtans 10 Is TOO profound and FAR
reaching a subject for a Newspaper 70
discuss except In n morc or lees alb
strart why. and the design now II 10
show ihat monoy n 10 q great extent
mere conveniionailty. a thing agreed
upon. and NOT In every case oithcr gold.
silver 0r other metal. or paper Out Of
NMN NNANN NNANNNWANH " NNANHNN W NWNNAH
mcrce taking place between this coua-
~ and other civilized nations. 70 may
be- information TO some readers TO
know the amount Of cash TIA, changes
hands roprHsnts a very small percent.
nEe. Payments are effected by means OF
vast and comprehensive system OF
accounting, the balances being all that
are settled IN money. but even this "
not necessarily thc case. since a bal
anco n a small one may b. carried over
aud become Incorporated into future
trans1ciionn We thus scc business en-.
gagged In and carried on TO an extent
that represents a brwlldorlnE array Of
figures every year and almost no vial-
bic money al an Eolnf fuum one land 10
tn other The mons By which such
transactions are effected aru altogether
| lncofportal. being coined out Of the
civilization and understanding Of man
kind. In similar but not exactly
Identical way the Frgater iranHac-
ii1ns of our larger cities and Of cities
with other cities are carried on. the
money-the conaidcrailon-ln ruch
eases being altogether invisible and
practically not an entity az all. at least.
none Of II passes
Most " the readers u American his.
tory are no doubt familiar with the
conditions which existed for some
time prior 10 the Revolution. when
I tobacco got 10 be- toierabiy abundant
% became q recognized means ~ cf-
fecilng tmnsartlona and dlrehnrginR
dshtA Dlnorrnt kinds 81 shells had
previously served the purpose. and
finally paper medium known NJ con.
tlnsnth currency. having no other
basis shan ihr stability OF the Prov
lnccs and the nat ~ tho local lave
| makers. was urrd. Al ~ this docs but
serve the purpose u showing that me
further we progress In enlightenment
ana aiirulam the nearer do wc como
10 completing a cyels which L. marked
u, the beginnlng with am absence oi
money and pForesdn 10 "a finlHh BY grad.
ually dispensing with q. ~ has mys-
/ uoli qualities, however. whoihor exist
ing as tanEible reality or only az a
ncil0n which amounts 20 nothing moro
shan tho mere knowledge that tht
money ~ In accrFslhlo existence, q
knowledge which In most caaef greatly
dlmlnlahos II ., docs not actually cx.
ungulah the desire 10 see the money.
ono u the great men OF our day, one
who Il constantly dolvlng Into science,
was once asked why he ala not lecture
or write for pay, mis- financial clrcmn-
stances being ~ humble. His reply was
characteristics and amounted 20 a vnlu-
able suggestion too; Cant AFFORD Co..
my time Is too valuable 90 Justify my
wasting q In making money"