It dates--so much of this present Utopia of ours dates. Those former Utopists were bitterly against gold. You will recall the undignified use Sir Thomas More would have us put it to, and how there was no money at all in the Republic of Plato, and in that later community for which he wrote his Laws an iron coinage of austere appearance and doubtful efficacy.... It may be these great gentlemen were a little hasty with a complicated difficulty, and not a little unjust to a highly respectable element. Gold is abused and made into vessels of dishonour, and abolished from ideal society as though it were the cause instead of the instrument of human baseness; but, indeed, there is nothing bad in gold. Making gold into vessels of dishonour and banishing it from the State is punishing the hatchet for the murderer's crime. Money, did you but use it right, is a good thing in life, a necessary thing in civilised human life, as complicated, indeed, for its purposes, but as natural a growth as the bones in a man's wrist, and I do not see how one can imagine anything at all worthy of being called a civilisation without it. It is the water of the body social, it distributes and receives, and renders growth and assimilation and movement and recovery possible. It is the reconciliation of human interdependence with liberty. What other device will give a man so great a freedom with so strong an inducement to effort? The economic history of the world, where it is not the history of the theory of property, is very largely the record of the abuse, not so much of money as of credit devices to supplement money, to amplify the scope of this most precious invention; and no device of labour credits [Footnote: Edward Bellamy's Looking Backward, Ch. IX.] or free demand of commodities from a central store [Footnote: More's Utopia and Cabet's Icaria.] or the like has ever been suggested that does not give ten thousand times more scope for that inherent moral dross in man that must be reckoned with in any sane Utopia we may design and plan.... Heaven knows where progress may not end, but at any rate this developing State, into which we two men have fallen, this Twentieth Century Utopia, has still not passed beyond money and the use of coins. Section 2