Freedom! Equality!! Justice!!! These Three; but the Greatest of These Is Justice: A Speech on the Impending Revolution, Delivered in Music Hall, Boston, Thursday, Feb. 1, 1872, and the Academy of Music, New York, Feb. 20, 1872Woodhull, Victoria C. (Victoria Claflin)
Philosophy
Freedom! Equality!! Justice!!! These Three; but the Greatest of These Is Justice: A Speech on the Impending Revolution, Delivered in Music Hall, Boston, Thursday, Feb. 1, 1872, and the Academy of Music, New York, Feb. 20, 1872
Woodhull, Victoria C. (Victoria Claflin)
Social problems; Speeches, addresses, etc.
Now, don’t you think that would be rather a good sort of a money system?
I know that every manufacturer in the country would like it. But I can
tell you who will not like it; and whom we may be compelled to fight
before they will permit us to have it; and these are the money-lenders
and money-changers, such as it is related the Head of the Christian
Church—one Jesus Christ, of whom we hear a great deal said, but whose
teachings and doctrines are wofully perverted—scourged out of the Temple
at a place known as Jerusalem.
I have not been guilty of frequenting the temples of the country much of
late, but if I am not misinformed upon the subject, and unless they have
changed since I did frequent them, if Christ should pass through this
land of a Sunday, scourge in hand, he would find plenty of work to do in
the same line in which he labored so faithfully among the Jews.
But the National Labor Union say they won’t be so hard upon these
money-lenders as we would be. They are willing that they shall be eased
down from the vast height to which they have attained. They say they
shall have three per cent. interest instead of six, seven, eight and
ten, or as much more as they can steal out of the necessities of the
case, by the circumstances and discounts. But they shall be limited to
three per cent., and in a way that they cannot evade, as they now evade,
lawful interest. It is proposed that government shall issue this money,
but that it shall be convertible into a three per cent. interest-bearing
bond; so that when money shall be so plenty that it will be worth less
than three per cent. in business, it can be invested in bonds drawing
three per cent.; and the bonds to also be reconvertible into money, so
that the moment business shall demand more money than there should be in
circulation—which would increase the value of money to more than three
per cent.—the bonds would be converted into money again; and when there
should be no more bonds to convert, and money still worth more than
three per cent., then the Government shall issue more money to restore
the equilibrium. In this way money would always be worth just three per
cent. No more nor less, and there would always be just enough; or, in
other words, money would be measured, as it never has been, and which
has been the cause of all our financial troubles. What would you say to
a person who should talk to you about measuring your corn in a bushel
that had itself never been measured? But you complacently talk of money
being a measure of values, and money has never had a measure regulating
its own value.
Public-domain text, read in full here on John Shaqi.
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