Liberty and Prohibition 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. Mr. Lucian V. Pinney, a protectionist and a greenbacker - but an anti-prohibitionist - made the following statement in his paper, the Winsted (Conn.) Press: "There is nothing any better than Liberty and nothing any worse than despotism, be it theological despotism of the skies, the theocratic despotism of kings, or the democratic despotism of majorities; and the labor reformer who starts out to combat the despotism of capitalism with other despotism no better lacks only power to be worse than the foe he encounters." Mr. Tucker then took him to task for his inconsistency: Mr. Pinney is a man who combats the despotism of capital with that despotism wh...
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...
These letters, addressed to Frederic Bastiat, an economist, originally appeared in a debate published in The Voice of the People, in 1849. Interest and Principal Arguments Drawn from the Operations of the Bank of France It is not true--and the facts just cited prove beyond a doubt that it is not--that the decrease of interest is proportional to the increase of capital. Between the price of merchandise and interest of capital there is not the least analogy; the laws governing their fluctuations are not the same; and all your dinning of the last six weeks in relation to capital and interest has been utterly devoid of sense. The universal custom of banks and the common sense of the people give you the lie on all these points in a most humiliat... (From : Anarchy Archives.)