Browsing By Tag "monopoly of money"
A Great Idea Perverted. [Liberty, June 19, 1886.] The Knights of Labor Convention at Cleveland voted to petition Congress for the passage of an act which embodies in a very crude way the all-important principle that all property having due stability of value should be available as a basis of currency. The act provides for the establishment of loan offices in every county in the United States, which, under the administration of cashiers and tellers appointed by the Secretary of the Treasury, shall issue legal tender money, redeemable on demand in gold coin or its equivalent in lawful money of the United States, lending it at three percent a year to all who offer satisfactory security.(97 ¶ 1) The Knights have got hold of a g...
A Letter to Grover Cleveland, on his false Inaugural Address, the Usurpations and Crimes of Lawmakers and Judges, and the consequent Poverty, Ignorance, and Servitude of the People A LETTER TO GROVER CLEVELAND. Section I. To Grover Cleveland: Sir, Your inaugural address is probably as honest, sensible, and consistent a one as that of any president within the last fifty years, or, perhaps, as any since the foundation of the government. If, therefore, it is false, absurd, self-contradictory, and ridiculous, it is not (as I think) because you are personally less honest, sensible, or consistent than your predecessors, but because the government itself—according to your own description of it, and according to the practical administration o... (From : Anarchy Archives.)