Useful Knowledge for the Producers of Wealth: Being an Enquiry Into the Nature of Trade, the Currency, the Protective and Internal Improvement ... of Banking and Paper Money (Classic Reprint) - Softcover

Hale, William H.

Softcover

ISBN 10: 1330481445 ISBN 13: 9781330481448

Publisher: Forgotten Books, 2018

Synopsis

Excerpt from Useful Knowledge for the Producers of Wealth: Being an Enquiry Into the Nature of Trade, the Currency, the Protective and Internal Improvement Systems, and Into the Origin and Effects of Banking and Paper Money

The aristocracy, or paper money making people, catch at every thing they can to make us believe that all they are doing is for the benefit of the people; and they pretend to prove their sincerity by a parcel of arguments that appear very deep, and in reality are deep, because they are without bottom and incomprehensible the understanding of the people is confounded, and they are unable to gainsay what is advanced. The American System, Home Protection, Internal Improvement, and such like sentences, tickle the people's ears, and fit them to be led about whichever way their Oppressors are pleased to direct them.

If we should now return to a metallic currency, it would be the best thing for this country that ever happened to it, not even excepting the Declaration of Independence it would leave us really independent; it would rid us of the lazy, vagabond, princely, dead weight paper money makers, who are more oppressive, though silently, wherever they establish themselves, than any prince or tyrant could possi bly be, and more inimical to the liberties of the people; who draw to themselves, in a secret and silent manner, the very Vitals of the producers of wealth, Without their knowing from whence comes the Oppression, not only in this country, but all over the world who have reduced the people of the old countries to starvation, and are now reducing the American people to the same state, by the introduction of foreign capital, as it is called, and by the. Paper money capital of our own country, for which they are drawing interest out of the labor of the people equal at least to fifty millions of dol lars annually; and who have the impudence and assurance to tell us that we could not perform any labor advantageously without assistance from them and their slave making money.

It matters not so much what the form ofa government is, provided that the people take care there shall be no privileges and monopolies granted to particular individuals, to the ex elusion of the rest of the community and keep their ciren lating medium from being tampered with and debased These are the sources of most of the Oppression that the people suffer under all over the world, at the present time.

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Edition details

• Publisher: Forgotten Books
• Publication date: 2018
• Language: English
• ISBN 10: 1330481445
• ISBN 13: 9781330481448
• Binding: Paperback
• Number of pages: 40