“5. As already stated, the Marsites issue money only directly to the _individual_ on his monthly _labor-record_, that is, if the individual is able-bodied and old enough to work; if he is disabled or a child, he receives money in a similar manner on a _gift-record_, instead of a labor-record. No person can get a penny by profit, interest, etc., because the goods are sold by the _community_ at cost, and nobody pays interest, because everybody has, or can earn all the money he wants. You see there is no room for a speculator and schemer in our world, even if a person were disposed to be one; while your system is just the reverse. With you a gold miner in a rich mine may take out $200 worth of gold with one day’s labor; and he has produced comparatively nothing, if the gold is coined into money; for paper is even more suitable as a medium of exchange, if issued on the right basis, than gold. A merchant under your system may grow rich on profit by doing nothing. A money lender may receive a thousand dollars a day as interest by living an idle life. He may be growing richer by the interest he receives, so that his posterity, for generations yet unborn, can live an idle life by living from the labor of others. You have also seen that a capitalist may grow rich by changing the purchasing power of the dollar in his favor. Your money system, then, is very defective, because it is largely obtained without productive labor. The persons who perform nearly all the productive labor have, as a rule, very little of it, while many of your schemers, or unproductive laborers or idlers, have, as a rule, an abundance of it. “6. We have seen that we issue money once a month for labor performed, and that this money is issued only at the ‘Com;’ that the money is issued directly to the individual, who can make his purchases wherever he likes, and that all money taken in by the families for commodities sold is daily remitted to the ‘Com,’ where the communities’ own money is canceled when taken in; and that the money from other communities, for which we have given wealth, is used by the ‘Com’ to pay bills with. Each community, then, has always a quantity of money in circulation equal to the salable wealth on hand. If the wealth increases the volume of money increases, for money is issued on productive labor, which produces wealth. If the wealth diminishes the volume of money diminishes, for as soon as the wealth is given to the producer for the money, the money is canceled.