White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1935-02-21

| LII o1ucl w COIlpel ulOIley 10 Keep
in continuous circulation and to pre-
vent it from being boarded and used
by it's possessors as a means of ac-
quiring additional wealth through it's
use, money should have limited per-
iod of life, after which period it's value
expires and new series is issued for
similar period of life and value. The
life period of each issue should not
exceed limit of, say, about two years,
after which it would no longer have
any value, and If not spent during
| its period of value, it would not be re-
deemed or exchanged for money of
| the new issue and would be loss to
| those in whose possession it remained.
| Money of this type would not be
loaned at interest as is our present
money, and it would compel it's pos
SCISSORS to consume and enjoy the full
| fruits of their labor or productive ca
, pacity as they go. 1t would eliminate
entirely the present possibility of ac-
quiring wealth through the possession
and manipulation of money and it
would give our economic life per-
manence and stability such as the
/ world has never before enjoyed, and
such depressions as we are now pass
ing through, and which periodically
| always return, would be an utter i'm
possibility if the people of the nations
were working collectively and with
system OF money as herein outlined.
Strong, stubborn resistance will be
opposed to these arguments by those
whose private interests would be af-
fected by any departure from present
private ownership and manipulation of
money. In self-defence they will fight
behind the old barricade that money
must have a gold redeemer back of
1t and that industry cannot be carried
on except by means of sound money,
Which can only be money backed by
gold; they will not admit that the
money of any people backed by the
honesty and capacity of the people and
by the productive resources of their
country can be what they consider
sound money. Yet these same people
! will put on bargain counter scramble
every time government or munich
pallty offers sale of bonds, and they
willingly accept the honesty and abil.
| lty of the government or municipality
to pay without question or security,
yet they will argue and stubbornly in
slst that money issued by the very
same government is not sound money
except when it has redeemer in yell
low gold gack of it. Can anything be
more absurd and inconsistent than
i This attitude upon the part Of all sound
money advocates?
IN order to enjoy economic safety
and reasonable freedom and indepen-
dence of action, men must train them
selves to live and act in strict con-
formity with natures laws, and only
by this means can the economic evils
OF today ever be eliminated Old Mo-
Their Earth provides in lavish album
dance and rewards our labor with
more than enough for all, but mans
present methods make abortive the
bounty of nature and compel millions
upon millions of worthy people to live
their entire lives in a condition of re-
prlvation and want. This situation is
lntolerable and our present system
must be altered to relieve the suffer-
ing and distress it imposes upon the
many for the benefit of the few We
must evolve and adopt a new and
more equitable system than that under
which we are now bravely trying to
exist, and to accomplish this desirable
object, we must be alive and active
and be willing to seek for truth and
to investigate with open and unbiased
mind
In the realm of science men have
studied and deciphered the hieroglyph-
les of nature until they could read
her alphabet and ask her questions in
the language of her own tongue, and
the answers to their questions are the
wonderful advances that have been
made in the material affairs of life.
Old Niagara Falls now turns the
wheels of industry, and makes night
brilliant for hundreds of miles around.
The shadows have been Illuminated
and mans burdens have been light
ened and his life frightened and made
easier and happier by his knowledge
OF how to use nature to his service
and advantage, and when men begin
to study and apply natures economic
facts, which have long been known but
which have been suppressed, we will
soon have radio and moving photo
With voice of its own in our economic
LIE as well as in our homes. The time
is opportune and the need is impera-
| tive to begin an earnest research into
| the equitable economic laws of nature
and to mold our thoughts and acts to
conform more truly to her laws which
embrace the welfare and happiness of
all men, and not concentrate, as we
must all do now, solely upon our indi-
vidual safety and success.
In order to evolve and inaugurate
better system of industrial economics,
| it is not necessary to blast and de-
stroy everything existent within our
present system, for in the preparation
and Inauguration of a new system we
must make use of the men and ma
terials now serving us to assist in the
construction and launching of the new
system, just as railway engineers main
tain an old bridge to keep traffic NOV
ing while the new and stronger struc-
ture is being installed upon the exact
same spot.
There is much in our present social