Our Money Its Uses And Abuses An Auxiliary of Industry And a Labor Saving in
Our Money Its Uses And Abuses An Auxiliary of Industry And a Labor Saving in
C B Smith
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"I shall be able to remedy ihat diiiiculty. " He "issued 5, 000 one pound market notes; with these the materials were bought, aud the operatives set to work. The first effect was a revival of business m the town, for everybody was employed, and all had money to spend. In the course of time the market-house was completed, and the stalls rented, and the rents were paid in market notes, and when they had all been paid in, they were pub. Licly burned, and thenceforth the building remained a monumen...t of an honest money system and a constant source of revenue to the town. The example here given proves beyond question the truth of what we have before asserted, that we do not need gold or silver for money, or as a basis for paper currency; and it proves that all the money we need is legal tenders. issued by the government, and it settles the question of their redemption; for the public works, railroads, telegraphs, telephones, canals, &c. , for which they are issued to build, will remain a source of public revenue for all time, and the notes, as fast as received, may be used to build other public works, and if so desired, the charges may be regulated to merely cover the cost of operating and repairs.
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