Browsing Untitled By Tag : state bank

Browsing By Tag "state bank"

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An Indispensable Accident. [Liberty, June 28, 1884.] 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 land declares to be legal tender for debts in the country where that law is supreme.(89 ¶ 1) Brick Pomeroy made such an answer to Stephen Pearl Andrews recently, and appeared to think that he had said something final. Now, in the first place, this definition is not correct, for that is money which p...

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