Let us look a little further into the absurdities over which American
statesmen are so vehemently wrangling. Our government assumes the old
time function of all governments to make and regulate the currency or
money for the transaction of business--a mere convenience for the
measure of values in buying and selling--in another way a thing
performing functions similar to the yard-stick in measuring, and the
great statesmen are wrangling over the problem of what particular
material that convenience shall be made. And our nation, through
Congress and the President, is ever tinkering, changing, altering, and
reversing regulations concerning this "value measurer"--this
convenient representative of property, and the basis of all commerce,
gold, silver, copper, nickel, and paper to-day, and on this basis
contracts and multitudinous transactions are based; then apparently
that confusion and ruin may follow, an act of Congress may be passed
to-morrow changing the whole thing by demonetizing one or remonetizing
the other; and the government finally opens a junk-shop, and is
engaged actively in the "second-hand" trade, or is in sharp
competition with the rag-picker. And our great political educators
fall to wrangling about a proposition, that could be paralleled only
by some phenomenal crank beating up recruits for a new party upon a
platform that all yard-sticks must be made of hickory wood, and he
shall be deemed a counterfeiter who dares to use any other, and the
length of the yard-stick must be flexible so that "a yard shall
always contain a yard's worth of cloth." The children open a play
store, and there the legal tender for all goods is pins, where the
size of the pin or the exact composition it is made of are never
considered. There is, to my mind, no question but the children should
teach our great statesmen some of the fundamentals of common sense.
These are specimens of the economic problems evolved from our hundred
years of voting experiment--the ripened fruit of self-government.
Books and papers are filled with discussions of whether both gold and
silver should be legal tender for debts or only gold. And the rank
sophistries that mark the flood-tide of a campaign discussion either
of this or the problem of taxation are surely to be considered among
the curiosities of our civilization. Just why men should range
themselves on respective party lines on these questions and shut their
eyes to evils that are eating their way to the heart of government and
that unchecked must end in common ruin, passes comprehension.
Public-domain text, read in full here on John Shaqi.
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