But at the very threshold of the discussion we are met with the declaration that we have no money in the Treasury with which to carry on these great projects. Before answering this objection I wish to point out the fact that we have millions of dollars to spend for a useless navy, a navy which in the hands of our senile government does not protect the life or the property of American citizens, a navy which is a constant and an enormous expense. While almost unlimited sums can be raised for the building and equipment of battleships, we have not a dollar to aid honest industry to maintain self-respecting manhood by engaging in works which would add immensely to the real wealth of the nation. And, again, before pointing out how this money could be raised, I would call attention to the fact that this cry is by no means a new one. It was raised, and with much more show of foundation, during the dark hours of the early sixties, but the great Civil War exploded the fallacy. One would think that in the presence of the stupendous facts connected with the conduct of our Civil War, even if the question of the value to the state of an independent, contented, and prosperous manhood should be left out of consideration, the shallowness of the objection would be so apparent that it would have no weight with thoughtful persons. Let us not forget that there was a time in the history of our country when the Treasury of our government was empty, a time of great national peril when gold had fled across the seas or into the vaults of the bankers and usurers, as it ever flees in time of danger, when public credit was greatly impaired by the presence of war within our borders and a strong probability that even if the national government escaped overthrow a large number of the States would become an independent nation. In this crisis we had men in charge of the government who were statesmen, men great enough to rise to the emergency of the hour. Now, if we were able under such conditions to carry to a successful termination the most expensive and memorable civil war of modern times by the aid of the greenback, surely there would be no risk in resorting to a similar medium of exchange for the carrying on of a work which would immediately add to the nation's resources and free from the bondage of involuntary idleness a large army of men who are now a burden to society and a danger to stable government.