They need all this _money capital_ to enable them to buy the raw materials upon which to bestow their labor, the implements and machinery with which to labor, and their means of subsistence while producing their goods for the market. Unless they can get this capital, they must all either work at a disadvantage, or not work at all. A very large portion of them, to save themselves from starvation, have no alternative but to sell their labor to others, at just such prices these others choose to pay. And these others choose to pay only such prices as are far below what the laborers could produce, if they themselves had the necessary capital to work with. But this needed capital your lawmakers arbitrarily forbid them to have; and for no other reason than to reduce them to the condition of servants; and subject them to all such extortions as their employers--the holders of the privileged money--may choose to practise upon them. If, now, you ask me where these twenty-five thousand millions of dollars of money capital, which these laborers need, are to come from, I answer: _Theoretically_, there are, in this country, fifty thousand millions of dollars of money capital ($50,000,000,000)--or twice as much as I have supposed these laborers to need--NOW LYING IDLE! _And it is lying idle, solely because the circulation of it, as money, is prohibited by the lawmakers._ If you ask how this can be, I will tell you. _Theoretically,_ every dollar's worth of material property, that is capable of being taken by law, and applied to the payment of the owner's debts, is capable of being represented by a promissory note, that shall circulate as money. But taking all this material property at _only half_ its actual value, it is still capable of supplying the twenty-five thousand millions of dollars--or one thousand dollars each--which these laborers need. Now, we know--because experience has taught us--that _solvent_ promissory notes, made payable in coin on demand, are the best money that mankind have ever had; (although probably not the best they ever will have). To make a note solvent, and suitable for circulation as money, it is only necessary that it should be made payable in coin on demand, and be issued by a person, or persons, who are known to have in their hands abundant material property, that can be taken by law, and applied to the payment of the note, with all costs and damages for non-payment on demand. _Theoretically,_ I repeat, all the material property in the country, that can be taken by law, and applied to the payment of debt can be used as banking capital; and be represented by promissory notes, made payable in coin on demand. And, _practically_, so much of it can be used as banking capital as may be required for supplying all the notes that can be kept in circulation as money.