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29 Ag 57

Dear Maverick

Thank GOD fer a man who will face a clear sentence and
give a straight answer.

I think I can eliminate ALL yr/ objections.

1. Econ/ thought as of now dates from my third meeting with Rossoni, a serious character, then minister of Agriculture. the first 2 meetings were a mere 5 minutes and a passing in corridor.

AT THAT TIME I had got to :

we need a medium of exchange AND a medium
for saving

there is no need that they be the SAME medium.

The "esellites had, I think already, and unbeknownst to me,
got a solution.

Banks to accept stampscript (1% Monthly and hell take all apes who try a higher rate than that.

it cd/ ultimately be got down possibly lower).

Banks to accept it at 2% discount. And hold the 98% level
in depositer's cheching account.

This protects bank from loss if deposit made on 29 th day of the month.

***

Bug wash that people wont accept it/ they DID in Worgl.

the sanity of our 600 days in the Republic/ no debt
left because banks issued drafts/

teller Chiavari : Everybody knows there is NOTHING
back of this money.

///

people constantly accept depreciating paper/

which has NOT the virtue of stamp scrip.

BUT which enabled Germany 1920 on to eliminate INTERNAL debt,
without diminution of available goods. Hard on some
folks. BUT/....

//

I dont know if Loeb classics is from vice, malignancy or sheer iggurunce.

XREIA/ means demand NOT value.

money is a measure of PRICE, which
is from DEMAND

unless you interpose damn near armed force.

2. absolutely necessary to DISTINGUISH

production from WANT

nature over produces( vid my ABC)

economics enter ONLY with WANT, whether from
necessity or fantasy.

advertising racket all there to prove Aristotle
knew his stuff.

Rossoni the FIRST man to see stamp scrip as : cosi 16 stato fa il suo
affare.

i.e. as a TAX. vid. Jeff to Crawford.

a special kind of tax, fulfilling Jeff's perception
that paper is as useful as metal (

metal MAAAAH, related to barter

the XREIA functioning BEYOND regions controlled
by law, custom, or power.

any ticket is O.K. when issued against WANTED goods
that are deliverable.

NOT good against land ( Mississippi bubble) land ONLY
good as element in credit.

i.e. when PLUS labour and deliverability of product.

for the interest payments
Monte dei Pashi / credit against grazing rights, NOT against
a product subject to chance ( good or bad crop).

Marx and Mill make same error/re/ chystalization of LABOUR.

Labour in vacuo can't chystalize.

both god damnd abstractionists.

as to acceptability, the 12% is a guarantee against irregular
and manipulated depreciations.

hell / money, i.e. the unit, $ or whatso
has DEPRECIATED since gornoze / milreis /

postage stamps for 500,000 marks, etc.

Lire from 20c. ( and wop paper once at premium above gold)
to 1/5th of a cent.

19 to the $ on MUS's MERE : god damn that's all we will give you.

12% AFTER Rossoni's perception, NOT a depreciation, a TAX
making possible elimination of other taxes/

which are mostly sheer IMBECILITY and sabotage. due
both the malevolence, greed and IGGURUNCE.

NO, NO and again NO/ warehouse receipt NO good unless goods are

15

3/ rackets will never cease/ and a perfect system will be bitched by the s.o.b.

nowt but directio voluntatis and honestyl, but
the MORE people understand

the less crass theft will occur.
i mean the less they will put up with.

Fuller on Ike, wd/ comfort yr/ wandering heart.

Did you hear KERR on TV ?

GOVT. should ADVISE, NOT H put bugrocrats onto prevent farmers doing what they like.

the LESS govt. the better.

Gesell requires less than the Soc. Crediters.

NO one food or medicine will cure all diseases.

Metalism to hell/ jade is inedible.

light and heavy / Byzantium /
gold in occident 12 in orient 6½, 7% to

light and heavy for MDAH 1200 years.

DAMN little harrassment of upper CLASS in woptaly / ONLY harrassment was of particular crooks,

snobism, howls

///

Population / Confucianly . HERE and NOW.

got to think here and NOW before worrying
whether catholics will openly accept birth control.
in 2187 a.Dumbunny.

gertie Stein, simplified it all to Malthus/ and thank gawd she DIDN'T breed.

Mandarin somewherein China/ refused to bother with cholera or zummat knowing danger of crowding.

The Ripper at pPisa / re/ caused of war : Too many people, when ther git to be tew many people yu gotter kill some of 'em off.

( admitted he wdn't have been bootlegger if there had been no tax on liquor )

16.

40 damn, I spodse the Centro Gentiliano will someday reprint
my Il problema delle tasse.

am NOT going to worry about number of rabbits in a.D. 4381.
as to Brit. Debt. etc. Benton " prefer to pass it on to posterity".
etc.

One of CHD 's best quotes " eyes in ends of the earth ".

King Wan worked where he was.

came on nice poem by Rutilius 3 days ago. a.D. 416

how HE felt when had to leave functions in Rome
and go back to Gaul, barbs/ threatening.

2nd hand dealer in Boston, who buys"lots" of furniture
to get an occasional chink vase. recalls " glee in Eleanor Roosevelt's
voice over radio announcing jap attack on Pearl Harbor.

//

Yes, the filth of Vienna / EUGENICS had publicity 50 years ago/
and now the bastardization of all things, kike hiding behind the
blacks.

Teddy R/ on Brooks Adams taoist resignation / said . Brooks yaks as if
no group of men cd/ do ANYthing about it.

vid Deard introd. newn/ Civn. and

Decay.

//error/ homestad law, land to settlers, but no prevention of selling hence latifondia.

my grandma and HER ma/ on separate claims in Montana, naturally
to stay long enough to get title and then sell.

Use of land/ on artificial terrace in Liguria, and rain washing top soil
into Golfo del Tigullio.

Comunist bunk/ Ashberg still supposed to be in there.

yr/ p/ 7. Del Mar : essence of money is limitation.

E.P. work of assay of metals in Mint, cannot by analogy be
eliminated when you use paper/

someone has got to assay the releative DEMAND
ratio of particular tickets to MONEY. the general ticket.

warehouse recepit, good for ONE kind of ware only. NOT money.

5. CHD/ difference between munitions and consumer goods/

saturation point for cloth and food /
NOT for guns / more you sell the greater
the Xreal somewhere else,

by scare propaganda stimulated.

Only credit I can recall giving Lenin is for guaranteeing small bank accounts/

"Imperialism" from Hobson who said he " wd/ like to have accepted
C.H D's book but it wd/ make me ( i.e. Hobs) look so out of date. "

( I dont think there can have been two Hobs/, if so the
tweedle de-dum hasn't been told me. )

I translated Por's Ital/ Econ/ Policy / but time was short,
some copies on india paper to be sent by air plane

but Eleanor had her glee a bit too soon for 'em to influence
the booblectorate. )

Rossaro, painter alpino, met Lenin early: Not sure he knew anything
re/ econ/ but knew ALL about making bombs. "

I think Jeff meant earth don't belong to the DEAD.

The living OUGHT to own it, and be trained to
respect their oppspring.

"Ahj, phwat's phosterity done for ME ??!! )

I leave those banks to Benton/ who was printed, and vanBuren
who wrut autobiography in 1864 approx, and didn't get printed till

HONTH 1919

Eppes meant control, I spose, but the loose use of language didn't start
with him or end there.

CHD. re/ primitive leather/ the guy who issued the ticket had the goods.

Whatever Eppes meant, the value of a nation's money will depend on
what it SPENDS its money FOR.

publicly AND privately.

118, must refer to some particular lot of issued bills / even the
printer can't have meant me to say NO paper
ever depreciated.

Whenever Jef/ disagreed with anything of JHAdams I have yet seen
Jeff was wrong, but gornoze what CH.F.Ad/ omitted
from old Johnnie's papers.

A lot of control over stock exchange IS possible, but we aint likely
to see much in our time.