Various Money Schemes 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. The Greenbackers were always a fair target for Liberty's shafts of satire and ridicule, but there were many other money schemes, both fiat and other, that drew its fire - and not infrequently its commendation. Several of these are here subjected to analysis and criticism by Liberty's editor: The persistent way in which Greenbackers dodge argument on the money question is very tiresome to a reasoning mortal. Let an Anarchist give a Greenbacker his idea of a good currency in the issue of which no government has any part, and it is ten to one that he will answer: "Oh, that's not money. It isn't legal tender. Money is that thing which the supreme law of the l...
Defensive Despotism. [Liberty, January 22, 1887.] Mr. Pinney, editor of an exceedingly bright paper, the Winsted Press, recently combated prohibition in the name of Liberty. Thereupon I showed him that his argument was equally good against his own advocacy of a tariff on imports and an exclusive government currency. Carefully avoiding any allusion to the analogy, Mr. Pinney now rejoins: In brief, we are despotic because we believe it our right to defend ourselves from foreign invaders on the one side and wild-cat swindlers on the other. Yes, just as despotic as the prohibitionists who believe it is their right to defend themselves from drunkards and rumsellers. In another column of the same issue of the Press I find a reference to a logical Pro...