Betsy Gaskins (Dimicrat), Wife of Jobe Gaskins (Republican): Or, Uncle Tom's Cabin Up to DateHood, W. I. (William I.)
General
Betsy Gaskins (Dimicrat), Wife of Jobe Gaskins (Republican): Or, Uncle Tom's Cabin Up to Date
Hood, W. I. (William I.)
Gold; Interest; Money; Paper money -- United States; Populism
_James A. Garfield_ (1880): “Whoever controls the volume of currency is
absolute master of the industry and commerce of the country.”
_Senator Mills_, of Texas (House, February 3, 1886): “But the crime that
is now sought to be perpetrated on more than fifty millions of people
comes neither from the camp of a conqueror, the hand of a foreigner, nor
the altar of an idolator. It comes from the cold, phlegmatic marble
heart of avarice—avarice that seeks to paralyze labor, increase the
burden of debt, and fill the land with destitution and suffering to
gratify the lust for gold—avarice surrounded by every comfort that
wealth can command, and rich enough to satisfy every want save that
which refuses to be satisfied without the suffocation and strangulation
of all the labor of the land. With a forehead that refuses to be ashamed
it demands of Congress an act that will paralyze all the forces of
production, shut out labor from all employment, increase the burden of
debts and taxation, and send desolation and suffering to all the homes
of the poor.”
_Leland Stanford_ (Senate, March 10, 1890): “An abundance of money means
universal activity, bringing in its train all the blessings that belong
to a constantly employed, industrious, intelligent people.... Abundant
and cheap money places the power in the hands of the industrious....
Cheap and abundant money means co-operation of labor to an extent
hitherto unknown.... Would go far towards aiding his [labor’s]
intelligence, toward realizing his highest destiny. It seems to me that
the great thought of humanity should be how to advance the great
multitude of toilers, increase their power of production and elevate
their condition.... To me one of the most effective means of placing at
man’s disposal the force inherent in the value of property is through
furnishing a bountiful supply of money.... If money were suddenly
annihilated from all business affairs there would be a general
suspension of business all over the country. It is the duty of statesmen
to furnish the means, if possible, to find out the way by which the
Creator’s design for the highest advance of civilization is to be
obtained. Want, discomfort and misery are not necessarily the heritage
of the industrious and provident man. So far as I can ascertain, no
government has ever attempted to furnish an adequate supply of money or
establish any standard by which its want could be ascertained.”
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account