Autobiography of Seventy Years, Vol. 1-2Hoar, George Frisbie
History
Autobiography of Seventy Years, Vol. 1-2
Hoar, George Frisbie
United States -- History -- 1865-1921; United States -- Politics and government -- 1865-1900
That closed the discussion so far as we were concerned for
that campaign.
In 1876 Judge Hoar, who had been, very much against his will,
elected to Congress from the Middlesex District declined a
renomination. General Butler, who had been defeated at the
polls in the Essex District two years before was thereupon
nominated, having pledged himself to the Republicans that
he would abandon his fiat money doctrines in obedience to
the declared will of the people; a pledge which as stated
above he shamefully violated. There was no expectation of
defeating him. But some few Republicans who were unwilling
to support him desired a candidate on whom to unite, and they
applied to Judge Hoar. He said he had no desire to go to
Congress. But he thought there ought to be a Republican candidate
against Butler and that he had no right to ask another man
to take a position from which he flinched himself, and accordingly
he was nominated. But Butler was elected by a large majority.
That however was substantially the end of his relation with
the Republican Party. After the Inauguration of President
Hayes he tried to have the public officers in his District
who had refused to support him removed. On President Hayes's
refusal he left the Republican Party and became, a year or
two after, the Democratic nominee for Governor for two or
three years and, as has been seen, was elected in 1883. I
of course supported the Republican candidate and made, I suppose,
thirty or forty speeches in each of those years. He had said
in explaining and defending his fiat money scheme that the
word "fiat" means "let there be." God said "fiat lux," "let
there be light," and there was light. He argued that fiat
money was excellent from the very fact that it cost nothing
and had no intrinsic value. So if a bill were lost or destroyed
a new one could be supplied without cost. He also said that
it would stay in the country and would not be sunk in the
morasses of Asia, especially in China and India, where silver
and gold were absorbed and never heard of in civilized nations
afterward. I quoted these sentences with the following comment:
"That, Fellow-citizens, is precisely the difference between
Omnipotence and Humbug, between the Almighty and General Butler.
God said let there be light and there was light. General
Butler says let there be money and there is--rags. This is
the first time in our history that the American workingman
has been gravely asked to take for his wages money it costs
nothing to make, that it is no loss to lose, that it is no
gain to get, and that even a Chinaman won't touch." Butler
was very angry and answered, rather irrelevantly, as it seemed
to me, by saying that I did not go to the War, to which I
replied as follows:
Public-domain text, read in full here on John Shaqi.
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