Everybody who knows anything about the relations of money to the people must prefer such a money as we have indicated to any other kind. It is really the greenback system extended to _all uses_ for which money is required, and to which is given a _fixed measure_ of value. All people at present interested in national banks and high interest-paying bonds are constitutionally opposed to such a change in our money system. This, however, should not deter its introduction and use. The people’s welfare is what should be consulted, and made _the test_ of all propositions that are to become theirs to practice. National banks and all banks of issue, with their drain upon the people to make their immense profits, must be done away, and banks simply as depositories for the accommodation of the people, alone exist. The national bank and other currency would be gradually called in at the rate of, say ten per cent. a month. I may add in justification of this plan, that if the Government can loan three hundred millions to the banks for nothing, it can loan to the people for three per cent.; if at the same time it can pay three per cent. on its bonds and in currency, instead of six per cent. and in gold, it secures a new-found advantage. But one of the _chief_ benefits which would come to the people from the proposed currency would be the _interest_ which would accrue to the government—all the people—for the use of this money. In other words, _all_ the interest now paid to _banks of issue_ for _loans_, for the _same_ convenience should be paid to the government. A _part_ of the people, for the _use_ of money belonging to _all_ the people, themselves inclusive, would pay _interest_ to the government therefor. And what more legitimate method of governmental support than this, if by it all other means of taxation could be annulled? The interest now paid by the people of the country to the Banks and Capitalists would, twice over, pay all costs of maintaining the government. A three per cent. interest paid to the government on all loans the people required would not only relieve the people who produce wealth of one-half the interest they now pay, but also of all taxes of all kinds. Is not this a matter to be looked into in the most serious manner? With such a currency system _once_ inaugurated, the country would begin a gradual process of general prosperity. Wealth, instead of accumulating in a _few_ hands, would continually tend to an _equal_ distribution among _all_ producing people. A large part of the speculative mania would be rendered futile, and those now devoting all their time to _hatching schemes_ by which to defraud the producing classes of their wealth would be _compelled_ to turn producers themselves. It is calculated that one-tenth of the male population of this country is engaged in speculative pursuits. In other words, they ‘live and grow fat’ from those who are engaged in production. And that is our boasted equity, our equality.