Browsing By Tag "rate of interest"
To Business Men. To you, business men, I dedicate these new essays. You have always been the boldest, the most skillful revolutionaries. It was you who, from the third century of the Christian era, drew the winding-sheet over the Roman Empire in Gaul, by your municipal federations. Had it not been for the barbarians, whose coming suddenly changed the aspect of affairs, the republic which you established would have ruled the Middle Ages. Remember that the monarchy in our country is Frankish, not Gallic. It was you who later vanquished feudalism, arraying the town against the castle, the king against the vassals. Finally, it was you who, for eighty years past, have proclaimed, one after the other, all the revolutionary ideas—liberty of worship, liberty of the press, liberty of association, liberty of commerce and industry: it is you who, by your cleverly drawn constitutions, have curbed the altar and the throne, and established upon a permanent...
Mutualism in the Service of Capital. [Liberty, July 16, 1887.] In a long reply to Edward Atkinson’s recent address before the Boston Labor Lyceum, Henry George’s Standard impairs the effect of much sound and effective criticism by the following careless statement:(91 ¶ 1) Mr. Atkinson does not even know the nature of his own business. He told his audience that his regular work is to stop the cotton and woolen mills from being burned up. This is a grave blunder. Fire insurance companies are engaged in distributing losses by fire among the insured. As a statistician he knows that statistics show that in New Hampshire, when the State was boycotted by the insurance companies,...
A NEW BANKING SYSTEM THE NEEDFUL CAPITAL FOR REBUILDING THE BURNT DISTRICT By LYSADNER SPOONER. BOSTON: SOLD BY A. WILLIAMS & CO. 135 WASHINGTON SREET 1873 Entered according to Act of Congress, in the year 1873, By LYSANDER SPOONER, In the office of the Librarian of Congress, at Washington. Printed by WARREN RICHARDSON, 112 Washington St. C O N T E N T S. CHAPTER I. A New Banking System CHAPTER II. Specie Payments CHAPTER III. No Inflation Prices CHAPTER IV. Security of the System CHAPTER V. The System as a Credit System CHAPTER VI. Amount of Currency Needed CHAPTER VII. Importance of the System to Massachusetts, CHAPTER VIII. The True Character of the "National" System CHAPTER IX. Amasa Walker's Opinion of the Aut... (From : Anarchy Archives.)
Lysander Spooner, Poverty: Its Illegal Causes and Legal Cures. Boston: Bela Marsh, No. 25 Cornhill. 1846. CHAPTER 1: ILLEGAL CAUSES OF POVERTY The existing poverty would be rapidly removed, and future poverty almost entirely prevented, a more equal distribution of property than now exists accomplished, and the aggregate wealth of society greatly increased, if the principles of natural law, and of our national and state constitutions generally, were adhered to by the judiciary in their decisions in regard to contracts. These principles are violated by the judiciary in various ways, to wit: 1. In a manner to uphold arbitrary and unconstitutional statutes against freedom in banking, and freedom in the rate of interest; thus denying the natural and constitutional right of the people to make two classes of contracts, which will hereafter be shown to be of vital importance, both to the general increase and to the more equal di...