The Jeffersonian. [volume] (Atlanta, Ga.) 1907-1917, 1913-09-25
PAGE TWO TE4E. JE r r
Read This Splendid Article On the Financial
Bill Which We Democrats Are Giving
To Our Wall Street Kings

instead of having the money power
sustain them and keep their profess
sors in bondage and ignorance. The
people should have the right to repu-
date the acts of recreant Congress,
when they conspire with the enemies
of our country, granting them favors
which enable them to absorb all the
wealth that toll creates.
Bills are being introduced to issue
bonds. Every bond issued by this
government is a crime. They issued
unconstitutional shinplasters against
the bonds, to pay for them, when
Congress should have issued full le-
gal tender money, instead Of bonds.
Under this system, though the super
fetal observer may not see the trans
fusion Of blood which is daily taking
place, he can see how the master
feshens and the victim pales with
each succeeding year. If interest
were reduced to one or two per cent,
useful productions would increase
twenty-five to fifty per cent. Wealth,
instead of being accumulated in a
few hands, would be distributed
among producers. With an honest
monetary system, we would have col
leges where correct economics on the
science of money would be taught, i'll
place of prisons; schools in place of
courts; increased wealth instead of
ruinOus taxation; teachers instead Of
sheriffs and policemen; refinement
instead of decentralization; skilled
artisans in place Of tramps; wealth
instead Of poverty; justice instead of
robbery; peace on earth and good
will toward one another instead Of
crime and violence.
Unlike other nations, we have the
means in our own hands and the
power in our own sovereignty to
bring about these glorious results.
The light Of a century has disclosed
the fact that back Of the monarch
in his gilded den sits the tyrant,
Avarice You do we'll to bear in
mind that fiat alone makes money.
That there is no such thing as in
trinsic value in money. The Con-
stitution of the United States clothes
Congress with the power to "coin
money and regulate the value there
Of, but is silent in reference to the
material upon which the money
function shall be stamped. But Con-
gress has no Constitutional or other
power to coin money substitutes.
Has Congress a right to delegate it's
control over legal tender, whether
of coin or paper, to private corpora
tons? If not, whence does it derive
it's authority to delegate tor private
corporations it's control over coin
substitutes? If it ever possessed it,
it held it as trust, to exercise for
the benefit of the people, as their
agent. If it never possessed the sub
stitute prerogatiye, it could not con-
fer it on banks; hence they exercised
a usurped power. If Congress does
possess the prerOgative, it has no
more right to delegate it, than it has
to delegate the power to coin money.
Has the government a Constitutional
right to delegate powers entrusted
to it, especially to be exercised by it
for the people? If not, is not the
National Bank Act a palpable VIOLA
ton of the Constitution, and it's en-
forcement usurpatiOn Of power not
warranted by that instrument? If
the debts of a nation are good Sc
curity on which to base it's money,
why is not wealth better? If the
right to pay the bonds in g,reenbacks
is denied, on the ground that one
debt cannot be paid with another,
then have any of the soldiers been
paid, or have any of the millions of
debts and mortgages, that have been
cancelled with greenbacks or bank
notes, really been paid?
What is known as the Inter