Editor's Note and Foreword Excerpted from the book; Individual Liberty: Selections From the Writings of Benjamin R. Tucker Vanguard Press, New York, 1926 Kraus Reprint Co., Millwood, NY, 1973. PUBLISHER'S NOTE C.L.S., the editor and compiler of this book, has known Benjamin R. Tucker personally since 1891, having entered his employ at that time in the mechanical department of Liberty, Mr. Tucker's journal for the exposition of Individualist Anarchism. After that time and until the final suspension of publication of Liberty, C.L.S. contributed many articles to the columns of that periodical, both signed and unsigned, usually in the editorial department. For a considerable period he had complete editorial charge, during Mr. Tucker's absence. Thus the present work has been performed by one who has entire familiarity with Liberty's philosophy and who perhaps a...
Free Money and the Cost Principle [Liberty, December 1, 1888.] To the Editor of Liberty:(94 ¶ 1) I understand that the monopoly of money should be broken, and this would leave all persons who possessed property free to issue solvent notes thereon, the competition between them so reducing the rate of interest that it would enable would-be business people to borrow on advantageous terms. Now, to my mind this would do no good unless the new order of benefited business persons adopted the Cost principle in production and distribution, in order to break down the present bad arrangements in society that is composed of workers on the one side and idlers and unproductive or useles...