The "Bank-Note Detector" is a useful publication. But the current
dollar, silver or paper, is itself the detector of the right and wrong
where it circulates. Is it not instantly enhanced by the increase of
equity? If a trader refuses to sell his vote, or adheres to some odious
right, he makes so much more equity in Massachusetts; and every acre in
the State is more worth, in the hour of his action. If you take out of
State-street the ten honestest merchants, and put in ten roguish
persons, controlling the same amount of capital,—the rates of insurance
will indicate it; the soundness of banks will show it: the highways will
be less secure: the schools will feel it; the children will bring home
their little dose of the poison: the judge will sit less firmly on the
bench, and his decisions be less upright; he has lost so much support
and constraint,—which all need; and the pulpit will betray it, in a
laxer rule of life. An apple-tree, if you take out every day for a
number of days, a load of loam, and put in a load of sand about its
roots,—will find it out. An apple-tree is a stupid kind of creature,
but if this treatment be pursued for a short time, I think it would
begin to mistrust something. And if you should take out of the powerful
class engaged in trade a hundred good men, and put in a hundred bad, or,
what is just the same thing, introduce a demoralizing institution, would
not the dollar, which is not much stupider than an apple-tree, presently
find it out? The value of a dollar is social, as it is created by
society. Every man who removes into this city, with any purchasable
talent or skill in him, gives to every man’s labor in the city, a new
worth. If a talent is anywhere born into the world, the community of
nations is enriched; and, much more, with a new degree of probity. The
expense of crime, one of the principal charges of every nation, is so
far stopped. In Europe, crime is observed to increase or abate with the
price of bread. If the Rothschilds at Paris do not accept bills, the
people at Manchester, at Paisley, at Birmingham, are forced into the
highway, and landlords are shot down in Ireland. The police records
attest it. The vibrations are presently felt in New York, New Orleans,
and Chicago. Not much otherwise, the economical power touches the
masses through the political lords. Rothschild refuses the Russian
loan, and there is peace, and the harvests are saved. He takes it, and
there is war, and an agitation through a large portion of mankind, with
every hideous result, ending in revolution, and a new order.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account