Confiscation; an outline by William Greenwood
page 66 of 75 (88%)
page 66 of 75 (88%)
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rags, nails, or silver from being used as money as long as it is
agreeable to the interested. But the wisdom of the world comes from her experience, and if she calls for gold money it is because she has never found a better. All other kinds fade before it as fades the moon before the rising sun. There is but one central orb in the world's monetary systems, and that is Gold. And its satellites, paper or silver, will never be able to get out of their orbits where the fixed and unalterable laws of the world's financial systems have placed them. Temporary disturbances may deceive the searcher, but he has mistaken his calling who cannot distinguish planets from the sun around which they are moving. The different governments of Europe, that are not gold producers, have gold as the basis of their monetary systems, and, what is more, the gold is there. The United States, that is a gold producer, would also have it as the basis of its monetary system, but this nation, the one independent nation that is all extensive and the leading producer of the metal that the enlightened world approves of as making the best of all moneys, cannot retain enough of it to give future stability to her own currency. This nation, the greatest of to-day, or any day! This nation, that has given more to the rest of the world than it has ever received! This nation - of all others on this earth - must be content with the money of the enslaved East Indian coolie; must be content with the money of the decaying Chinaman; must be content with the money of the half |
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