The Works of Robert G. Ingersoll, Vol. 09 (of 12): Dresden Edition—PoliticalIngersoll, Robert Green
History
The Works of Robert G. Ingersoll, Vol. 09 (of 12): Dresden Edition—Political
Ingersoll, Robert Green
Free thought
We want no more inflation. We want the simple honest payment of the
debt, and to pay out of the prosperity of this country. But, says the
greenback man, "We never had as good times as when we had plenty of
greenbacks."
Suppose a farmer would buy a farm for ten thousand dollars and give
his note. He would buy carriages, horses, wagons and agricultural
implements, and give his note. He would send Mary, Jane and Lucy to
school. He would buy them pianos, and send them to college, and would
give his note, and the next year he would again give his note for the
interest, and the next year again his note, and finally they would come
to him and say, "We must settle up; we have taken your notes as long as
we can; we want money." "Why," he would say to the gentleman, "I never
had as good a time in my life as while I have been giving those notes.
I never had a farm until the man gave it to me for my note. My children
have been clothed as well as anybody's. We have had carriages; we have
had fine horses; and our house has been filled with music, and laughter,
and dancing; and why not keep on taking those notes?" So it is with the
greenback man; he says, "When we were running in debt we had a jolly
time--let us keep it up." But, my friends, there must come a time when
inflation would reach that point when all the Goverment notes in the
world would not buy a pin; when all the Government notes in the world
would not be worth as much as the last year's Democratic platform. I
have no fear that these debts will not be paid. I have no fear that
every solitary greenback dollar will not be redeemed; but, my friends,
we shall have some trouble doing it. Why? Because the debt is a great
deal larger than it should have been. In the first place, there should
have been po debt. If it had not been for the Southern Democracy there
would have been no war. If it had not been for the Northern Democracy
the war would not have lasted one year.
There was a man tried in court for having murdered his father and
mother. He was found guilty, and the judge asked him, "What have you to
say that sentence of death shall not be pronounced on you?" "Nothing in
the world Judge," said he, "only I hope your Honor will take pity on me
and remember that I am a poor orphan."
I have no doubt that this debt will be paid. We have the honor to pay
it, and we do not pay it on account of the avarice or greed of the
bondholder. An honest man does not pay money to a creditor simply
because the creditor wants it. The honest man pays at the command of his
honor and not at the demand of the creditor.
The United States will pay its debts, not because the creditor demands,
but because we owe it.
Public-domain text, read in full here on John Shaqi.
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