The Complete Works of Brann, the Iconoclast — Volume 12Brann, William Cowper
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The Complete Works of Brann, the Iconoclast — Volume 12
Brann, William Cowper
Brann, William Cowper, 1855-1898; Essays; Reformers
Here's a ticket good for so many meals at a restaurant
--an order for so much wealth; and here's a silver dollar
--no 'tisn't; it's a check on a--er--on a "resort"; in fact,
on a saloon; an I.O.U. for 11 cents, the price of a
cigar--or something--I suppose. "Man should not live
by bread alone." Now what's the difference between this
ticket and check and the currency issued by the government?
Simply this: These are the I.O.U.'s of individual's
money, the I.O.U.'s of the entire American people. These
are orders for certain kinds of wealth at particular places;
money is an order for all kinds of wealth at any place
within the jurisdiction of the federal government. This
ticket is the check of one American, drawn against his
personal wealth and credit; this bill is the check of all
Americans, drawn against the collective wealth and credit
of the nation. That's all the difference between a cocktail
check and a coin, between a meal ticket and a ten
dollar bill. Neither is worth a rap unless it can be
REDEEMED. Like sanctification caught at a camp-meeting,
there must be a hereafter to it or its a humbug. But don't
you metallists take that as a premise and jump at conclusions
or you're liable to sprain your logical sequence.
What kind of redemption did I have in view when I
acquired this che--I mean this ticket? I expected that it
would be redeemed in something that would expand my
surcingle and enable me to cast a shadow--in eggs and
oleomargarine, corn-bread and buttermilk. And if so
redeemed on demand, is it not a GOOD TICKET--is it not
WORTH ITS FACE? What kind of redemption did I expect
when I acquired this bill? I expected it to be redeemed
in the necessaries of life--or possibly the luxuries. Who
issued it? The government. Who's the government?
The people. And when the people have given me bread
and butter, tobacco and transportation, clothing and
cocktails, and afforded me police protection to the extent
of my ten dollars hasn't it been REDEEMED in the manner
I anticipated--in the only way in which money can be
redeemed? If I exchange this bill for a gold eagle what
have I got? Another governmental drink-check or meal-
ticket that awaits redemption. And there you have the
whole "science of money," over which politicians have so
long puzzled their brains that their think-tanks have got
full of logical wiggletails. A dollar, whether it be made of
gold, silver or paper, is simply an order which the people
in their official capacity give against all the wealth, actual
and potential, of the nation; and unless the holder can
get it promptly redeemed in food and clothing, he's in a
terribly bad fix.
. . .
Public-domain text, read in full here on John Shaqi.
The Complete Works of Brann, the Iconoclast — Volume 12 — John Shaqi
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