Robinson Crusoe's Money;: or, The Remarkable Financial Fortunes and Misfortunes of a Remote Island CommunityWells, David Ames
General
Robinson Crusoe's Money;: or, The Remarkable Financial Fortunes and Misfortunes of a Remote Island Community
Wells, David Ames
Currency question -- United States; Money
they learned by hard experience that they were not as well off as
they expected to be; and that if one effect of an overabundant,
non-equivalent-to-any-thing currency was to stimulate production,
another and greater effect of it was to unequally distribute the
results of production, transferring from those who had little to those
who had much, and thus making the rich richer, and the poor poorer.
CHAPTER X.
AFTER THE WAR.
At last the war ended. The cannibals were utterly repulsed;
and the islanders no longer laid awake nights for fear of being
roasted and eaten. A vast amount of every thing useful had, however,
been necessarily destroyed; and it would seem as if this admitted
fact would have made the people of the island feel poor. But,
very curiously, it did not. The promises to pay for the commodities
destroyed had all been preserved. They were regarded by almost every
body as money; and if money, then, of course, as every body knew,
they were wealth, and wealth so great and superabundant that the
one thing especially necessary to do was to devise plans for using
it. Every body, therefore, devised plans; those who had no money more
especially devising plans for those who had. All sorts of schemes were
accordingly entered upon; railroads to carry people to the isothermals
and every other place where they didn't want to go; and oil-wells on
Cheat and Al(l)gon(e)quin rivers, and patented inventions for making
substitutes for tea and coffee, being especially recommended as
permanent investments. John Law, Lemuel Gulliver, Baron Munchausen,
Sir John Mandeville, Juan Ferdinand Mendez-Pinto, and Sindbad the
Sailor, all came to town, and were chronicled in the newspapers as
having registered at the principal hotels.
Great and commendable industry was also displayed in replacing
the things destroyed by the war, so that, for a time, the societary
circulation became more brisk than ever; while some who had up to this
time regarded war as a misfortune and national calamity, now felt that
they had made a mistake; and others who had known all the time that
war was a blessing, seriously thought of proposing another war as a
means of increasing national prosperity. [19] The large and constant
investment of the results of labor and economy in enterprises which
never could by any possibility give back any adequate return, was, as
every body saw, the next best thing to war; and on the advice of the
most Christian newspapers, very many of the best people made haste to
make such use of their little savings; although, as agriculturists,
they were perfectly well aware that to plant seed wheat or corn in
soils where it would not come up, or, coming up, bear no fruit, was
always very bad business, and did not encourage the sower to hire
much additional labor the next year.
Public-domain text, read in full here on John Shaqi.
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