THE LORD'S IDEA 
 
 CONCERNING THE 
 
 U 
 
 se of Money, 
 
 CONTRASTED WITH 
 
 THE DEVIL'S IDEA 
 
 CONCERNING THE 
 
 H B 
 
 543 Use of Money. 
 
 %KR# 
 
 BY LEWIS W. CABELL, SR., 
 
 OF BUCKINGHAM COUNTY, VA. 
 
 LYNCHBURG : 
 Vifginian Book and Job Print. 
 
 1885. 
 
Class _^ ^ 
 
 Book . G^l 
 
What Constitutes Honest Money. 
 
 Permit me, my readers, to call your attention to a subject of 
 the greatest importance both to yourselves and to universal 
 humanity. For it is a matter of Divine record that the Maker of 
 the Universe, while acting as spiritual lawgiver to the Jewish 
 nation, gave them also five plain civil laws which constituted the 
 mode of applying the fundamental principles of all forms of civil 
 government. These laws had reference to the use of money, 
 to the adjustment of all disputes between man and man, to 
 creditor and debtor, to the mode of punishing the thief, and to 
 the principle of exacting pledges. And, since all civilized nations 
 use money, have thieves to punish, have disputes to settle, 
 have creditors and debtors, and allow the principle of exacting 
 pledges, these laws are therefore evidently applicable to all civil- 
 ized nations. It is also equally obvious that the Divine Lawgiver 
 designed these laws for the use and benefit of other nations 
 as much as for the Jewish nation, since He sustains the identical 
 relation to all other nations as to the Jewish nation, being alike 
 the Common Father of all nations — Jewish, Gentile and Chris- 
 tian, while they are alike his children and men, and are therefore 
 identically affected by the operation of these laws. Hence, any 
 civilized nation that adopted these divine civil laws would have 
 an absolutely perfect mode of applying the fundamental princi- 
 ples of its civil government, because a divine law concerning 
 civil things, is as perfect as a divine law concerning spiritual 
 things. Rut it is a fact, and a most deplorable fact, that all civi- 
 lized nations, especially the Christian nations, have without a 
 single exception, adopted and placed upon their statute books 
 five civil laws directly opposed to these five divine civil laws ; 
 and this act, without a parallel in the history of human infatua- 
 tion and folly, these Christian nations perpetrated, while acknowl- 
 edging, in common with the Jewish people, the author of these 
 laws as their Maker — the great God of the Universe. Nor does 
 this statement include the whole of this sad history. For our 
 minds are so constituted that we must think either what is good 
 and true, or think what is evil and false. But the good and true 
 come from Heaven or God, while the evil and the false come from 
 Hell or the Devil, and they are in direct opposition. Now, we 
 
have upon record what the Lord thinks is the proper mode of 
 using money. He thinks it ought to be used without increase; 
 also, it is recorded what He thinks is the proper mode of punish- 
 ing the thief — thinks that the thief ought to receive nine and 
 thirty stripes, and in addition thereto, ought to be made to pay 
 to the individual from whom the property was taken double the 
 amount thereof. In relation to the settlement of our disputes, 
 He thinks they ought to be settled by men called judges, accord- 
 ing to the testimony. In addition to this, He condescends to 
 give us his opinion as to the character of these judges selected 
 to settle our disputes. He thinks they ought to be just, intelli- 
 gent, discreet, God-fearing men, and men hating covetousness. 
 In relation to creditor and debtor, the Divine Lawgiver requires 
 the creditor to release unconditionally his debtor at the lapse of 
 seven years. But there is a peculiarity in this law to which I 
 desire to call your attention. The Divine Lawgiver assigns a 
 reason for this requirement. He requires the creditor to release 
 his debtor unconditionally at the lapse of seven years because, as 
 He states it, it is "Jehovah's release." Hence, as Jehovah is a 
 being of infinite justice, as well as a being of infinite love and wis- 
 dom, he demands this release, as best for both creditor and debtor. 
 The fifth civil law totally prohibits the requiring of security. 
 
 There is still another civil law which has been given to mankind 
 by the Maker of all things, but not included in the five laws 
 just mentioned, for the reason that this law has been accepted 
 by some nations and placed upon their statute books. This 
 law is expressed in these words: "Whoso sheddeth man's blood 
 by man shall his blood be shed. " To which was annexed a proviso 
 or condition, to wit : that no one should suffer the death penalty 
 unless his guilt was clearly established by the testimony of two 
 witnesses. But the introduction of the lawyer and the jury of 
 twelve on the trial of the murderer, connected with the privilege- 
 allowed to one of the twelve, the least minority, to nullify the 
 verdict of eleven, the greatest majority, have rendered murder 
 trials in this country a mere farce. In fact, it may be said of 
 this entire system of settling disputes between man and man, 
 that the shrewdest lawyer and the longest purse combined as a 
 rule, get what is called justice. 
 
 Now, these five civil laws adopted by all civilized governments, 
 being in direct opposition to the five divine civil laws, as stated 
 above, have their origin in hell, since hell is in direct opposition 
 to Heaven. It is therefore clearly demonstrated that the funda- 
 mental principles by which the civil governments of all Christian 
 nations are administered, are derived directly from the Devil — 
 man's unceasing and remorseless enemy. Again, this Divine 
 Lawgiver knowing all things past, present, and future, perceiv- 
 
ing the many and monstrous forms of evil that would, of neces- 
 sity, arise from the violation of His law concerning the use 
 of money and perceiving, also that the violation of this law 
 would bring about a perversion of the other civil laws given by 
 Him for the benefit of the whole human race, therefore the prin- 
 ciple of taking increase of money alone received his reiterated 
 and unqualified condemnation, using such significant language 
 as this: "He that putteth forth his money on increase and 
 taketh increase is an abomination in my sight." And the only 
 reason assigned for this extraordinary conduct on the part of 
 Christendom is this, that these civil laws were abolished by their 
 Divine Author when he abolished the Jewish ceremonial law. But 
 society could not exist without civil laws to protect person and 
 property, and the use of money is as essential to the commercial 
 and business life of a nation as the atmosphere is to the natural < 
 life. And this being known to the author of these civil laws, He 
 did not abolish these civil laws ; He simply allowed these Christian 
 nations the liberty to accept or reject these civil laws, with 
 one single exception. For it is a recorded fact in the Christian 
 dispensation that this identical Divine Being, after having as- 
 sumed humanity in the person of the Virgin Mary, went into 
 the temple at Jerusalem, and finding therein money-changers, 
 turned over their tables, drove them out with a scourge, made 
 of small cords, and then said to these money-changers: " It is 
 written that my house shall be called a house of prayer, but ye 
 have made it a den of thieves and robbers." It is true that 
 the Divine record states that He found in the temple two other 
 classes of men — "those that sold doves, and those that sold oxen ; 
 but to those that sold doves He said, take these things hence, 
 make not my house a house of merchandise," and of course the 
 men that sold oxen made his house a house of merchandise, like 
 those that sold doves, and therefore received from this Wonder- 
 ful Being this mild rebuke that the men that sold doves received. 
 Now, it is evident from this statement, that this Divine Being 
 regarded exacting increase of money as taking something without 
 rendering any equivalent, which, in English, is called stealing, 
 since exacting increase of money was the only thing the money- 
 changers did in the temple ; and therefore, for this alone, they 
 were denounced as thieves and robbers. But in the Old 
 Scriptures this Divine Being denounces the exacting of increase 
 as an abomination in his sight, and confirmed this by his opinion 
 as expressed in the New Scriptures ; then, unavoidably and logi- 
 cally, we arrive at this most startling conclusion : that the Divine 
 Author of the Old and New Scriptures thinks that the taking 
 increase of money is an abominable kind of stealing. Now, it is 
 evident that the conclusion is arrived at by the assumption that 
 
the Divine Being called Jehovah in the Old Scriptures, and the 
 Divine Being called Jesus in the New Scriptures, are absolutely 
 identical. But, since it is well known that the entire portion 
 of the Christian world, from the Nicene Council up to the 
 present moment, comprising a period of fifteen hundred years, 
 have failed to perceive and acknowledge this important fact, it 
 is therefore a matter of necessity for me to show that the plain, 
 explicit, oft-repeated, undeniable and undenied teachings of the 
 Sacred Scriptures, both Old and New, do affirm and confirm this 
 most astounding and most important of all facts. 
 
 Hence, this being accomplished, I will have divine authority 
 to offset human authority ; and then it can be clearly demonstrated 
 that the exacting of increase of money is the most stupendous 
 fraud and fiction that was ever conceived in the mind of the 
 Devil. I also propose to be brief in my quotations on this sub- 
 ject. To those who are familiar with the teachings of the Old 
 Scriptures it is known that their Divine Author calls himself, 
 usually, by the name of Jehovah; and we find therein a great 
 many utterances affirming, in the most positive manner, that He 
 alone is God, Saviour and Redeemer. For instance, in the 
 prophet Isaiah, we have the following declarations: " I, even I, 
 am Jehovah, and besides me there is no Saviour, and all flesh 
 shall know that I, Jehovah, am thy Saviour and thy Redeemer." 
 Again, He asks this question: " Is there a God besides me;" 
 and then He answers it: "Yea, there is no God besides me ; I 
 know not any. Thus saith Jehovah, the King of Israel, and her 
 Redeemer, Jehovah of Hosts ; I am the first and I am the last, 
 and besides me there is no God. Besides me there is no God 
 formed, neither shall there be after me. I am Jehovah, and 
 there is none else ; there is no God besides me. Thus saith 
 Jehovah, thy Redeemer, and He that formed thee from the womb, 
 I am Jehovah, that maketh all things, that stretcheth forth the 
 heavens above, that spreadeth abroad the earth by myself." And 
 this one and only God, Maker, Saviour and Redeemer, predicts 
 thousands of times that he will come into the world to save and 
 redeem the human race from an impending evil that threatened 
 their total destruction. Let two passages on this subject suffice. 
 
 In the 9th Chapter and 9th verse of Zachariah, we have these 
 words: "Rejoice greatly, O daughter of Zion, shout, O 
 daughter of Jerusalem ; behold thy Kingcometh unto thee. He 
 is just, and having salvation, lowly and riding upon an ass, and 
 upon a colt the foal of an ass." Now, it is as clear as a sun- 
 beam that Zion's King, who is Jehovah, God, could alone fulfill this 
 prediction ; and to do this, He must be in the world and in a 
 human body. But in the New Scriptures we are informed that 
 Jesus rode a colt, the foal of an ass, into the city of Jerusalem 
 
5 
 
 for the purpose of fulfilling" this prediction. Again, we have 
 this prediction in the 7th Chapter 14-25 of Isaiah : "Therefore the 
 Lord himself shall give you a sign. Behold a virgin shall 
 conceive and bear a son, and shall call his name Emmanuel," and 
 in the 9th Chapter and 6th verse of the same Prophet, the coming 
 of Jehovah into the world is still more explicitly and unequivocal^ 
 announced in these words : ' ' For unto us a child is born, unto us 
 a child is given ; and the government shall be upon his shoulders, 
 and his name shall be called Wonderful Counsellor, the Mighty 
 God, the Everlasting Father, the Prince of Peace." Now, in the 
 first chapter of Matthew certain events that occurred prior to 
 the Lord's birth, and communicated by the angel of the Lord to 
 Joseph in a dream are given, and then it is stated that "all this 
 was done that it might be fulfilled which was spoken by 
 the prophet, saying, Behold a virgin shall conceive and shall 
 bring forth a son, and they shall call bis name Emmanuel, which 
 being interpreted is, God with us." Again, the Apostle John 
 declares that " He was in the world, and the world was made by 
 Him, and all things were made by Him, and without Him was 
 not anything made that was made" — thus plainly declaring that 
 Jesus was the maker of all things. It is also recorded, that when 
 the nine lepers who had gone to him to be healed, He told them 
 to go show themselves to the priests, and, while on their way to 
 the priests, they suddenly found themselves cleansed of their 
 leprosy, and one of them turned back and glorified God, that is 
 Jesus, with a loud voice, falling down at His feet, giving Him 
 praise! Then, from this passage it is made as plain as possible, that 
 this leper worshipped Jesus directly, as his God, and that Jesus 
 accepted it as true worship. Again, the most remarkable passage 
 in the whole New Scriptures is the inscription (in large Roman 
 letters) over His head when he was crucified, to wit : " This is 
 Jesus, the King of the Jews;" and, while Pilate was writing the 
 inscription, some of the jews said to him, "write not the King 
 of the Jews, but that He said He was" Again Piiate asked the 
 Lord himself this question : "Art thou King of the Jews?" 
 and He replied, "thon sqyest," that is, admitted that He (Jesus) 
 was the King of the Jews, oi Jehovah, God. Finally, after the 
 Lord's crucifixion, ascension and complete glorification, the 
 Apostle John, in the Revelations, says he was in the Spirit on the 
 Lord's day, and he saw the Lord, and when he saw Him, he 
 fell down at his feet as dead, and the Lord said unto him, " I 
 am the First and the Last, and have the keys of hell and of death. " 
 Previously, He had said He was the Alpha and the Omega, — the 
 beginning and the ending, — the Almighty. 
 
 Then, it is demonstrated clearly and fully, that Jesus is the 
 identical Divine Being that acted as civil lawgiver for the Jewish 
 
people prior to His coining into the world by the assumption of a 
 human body in the person of the Virgin Mary ; and therefore it 
 was Jehovah, God himself, the Maker of the Universe, Omnipo- 
 tent and Omniscient, who drove the money-changers out of 
 the temple at Jerusalem, and called them thieves and robbers, 
 and they were called thieves and robbers because the exacting of 
 increase was the taking of something without rendering an equiva- 
 lent — a transaction called, in the English language, stealing, for 
 the exacting of increase was the sole occupation of the money- 
 changers in the temple, and, therefore, they could not be thieves 
 and robbers unless the exacting of increase was stealing. And, 
 this same Divine Being, prior to his assumption of human nature, 
 and while acting as civil lawgiver for the Jewish people, pro- 
 hibits the exacting of an increase of money by a plain, civil law, 
 given in these words: "Thou shait not take increase from 
 thy neighbor of money, or food, or raiment," and in addition 
 thereto, expressed his abhorrence of the character of this trans- 
 action in these words : " He that putteth forth his money upon 
 increase and taketh increase is an abomination in my sight. " And, 
 yet, Avonderful to say, every nation in Christendom, in the entire 
 past and up to the present moment, have thought, and still think, 
 directly opposite to their Maker concerning increase of money, 
 for these nations have legalized the exacting of increase of money. 
 Nor is this all these Christian people have done ; their clergy, and 
 their judges, and their lawyers, and their money-changers, and 
 their politicians, all denounce, as thieves and robbers, the indivi- 
 duals who fail to comply with the demand of the money-changer 
 for the increase of money. Then, it is evident that mankind, in 
 thought about increase of money, are in direct antagonism to their 
 Maker, and this implies perfect agreement with the devil concern- 
 ing increase of money, — a singular and very unfortunate position 
 for mankind to occupy, but a position of which they are pro- 
 foundly ignorant. 
 
 Hence, in order more clearly to demonstrate that increase ot 
 money is fraudulent, as the Sacred Scriptures repeatedly and em- 
 phatically affirm, it is necessary to show how money is made — 
 that is, what are the principles which impart to money its pur- 
 chasing power ; also, what constitutes money honest, and what 
 makes money dishonest, for honest money of necessity implies 
 dishonest money, since anything and everything has its opposite, 
 and, in this,programme, is included the modus operandi of money 
 both honest and dishonest. 
 
 Now, money is obviously an invention, and invented to re- 
 move the insuperable difficulties in the exchanging of values 
 that w r ere continually occurring under the barter system, after 
 the sub-division of labor, with increase both of variety and pro- 
 
duction. that obtained among mankind. Hence, the buying and 
 selling system is evidently a substitute for the barter system, 
 and the principles which exist in and constitute the barter sys- 
 tem are identical with the principles which constitute the buying 
 and selling system. But, while the principles which constitute 
 each system are the same, they are applied differently. The 
 principles of the barter system are applied directly, and applied 
 by the owners of the values to be exchanged in their individual 
 capacity, and, therefore, the values are exchanged directly. 
 In the buying and selling system these same principles are 
 applied by the owners of value in their collective capacity, and 
 applied indirectly through a medium or proxy.. Hence, values 
 in the buying and selling system are exchanged indirectly. In 
 each system the first and essential principle is the equalizing of 
 the values to be exchanged, since consent to exchange the values 
 in question can not be obtained unless their owners suppose 
 them to be equal. In the barter system each individual owner of 
 value has his own standard of value, which is the amount of use 
 that each individual assumes or supposes his property to perform ; 
 and, when it is determined that the use performed by the prop- 
 erties to be exchanged are equal, then this fact is communicated 
 and the consent to exchange is given directly by each individual 
 owner of the values. Hence, this mode of exchanging is direct, 
 and called barter. But there are two essential conditions con- 
 nected with both of these modes of swapping that must not be 
 ignored. The first is this, that the exchanging of values in both 
 systems must be free of cost, since it is evident that the exchang- 
 ing of values is for the mutual benefit of the parties engaged 
 therein. If this condition is not complied with, it is absolutely 
 impossible to obtain value for value, since the cost can only be 
 derived from the values exchanged, and therefore the values are 
 decreased by said cost, and decreased in exact proportion to the 
 amount of the cost. The second condition is, that the right to 
 exchange our values must not be given to any second party. 
 It is our birthright,, and cannot be alienated without subjecting 
 the owners and producers of value to the most ruinous conse- 
 quences. In the barter system it is the property of individuals, 
 and remains intact. In the buying and selling system, it ought 
 to be common property ', — the property of the owners and producers 
 of value combined ; but, unfortunately for them, in that system 
 it was surrendered, and surrendered without receiving even a 
 mess of pottage. 
 
 Now, in the buying and selling system, the exchanging of 
 substances having value is effected through a medium, or proxy, 
 which is a universal exchanger of all kinds and amounts of sub- 
 stances having value, and is, therefore, an instrument of obtain- 
 
ing all kinds and amounts of substances having value. Hence, 
 money must either be a substance that represents all kinds of 
 value, or a substance that has all kinds of value ; and since it is 
 known that a substance having all kinds of value does not exist 
 and can not be brought into existence ; hence, money, of neces- 
 sity, must be a substance that represents all kinds of value. We 
 therefore propose to show how the creation of money, which is 
 a representative of all kinds of value, is effected, and we will 
 illustrate this process of making money, by assuming a case, 
 wherein three individuals have values to exchange, but cannot 
 exchange them in accordance with their wishes under the barter 
 system, yet can readily exchange them as they wish through 
 the instrumentality of a proxy or medium called money, i. c, 
 exchange them indirectly. For brevity's sake, we call said indi- 
 viduals A, B and C. A has a horse, B has ioo bushels of wheat, 
 and C has merchandise. A wishes to exchange his horse for a 
 certain portion of C's merchandise, B wishes to exchange his 
 wheat for A 's horse, but C wants neither horse nor wheat, but 
 wants something that will enable him to procure more merchan- 
 dise. It is also assumed that the owners of said substances 
 regard them as equal in value, yet it is evident that they cannot 
 exchange them as they wish, by acting in accordance with the 
 principles of the barter system — that is, exchange them directly. 
 Now, it is known that in the buying and selling system a unit 
 of value is assumed by the owners and producers of value in 
 their collective capacity, for the purpose of equalizing or measur- 
 ing the values of the substances which they wish to exchange, 
 and that it is the common standard of value in all countries, and 
 was assumed or taken from a certain specified amount of gold or 
 silver, and called in this country, dollar. Then, in the case 
 assumed, as the first step in the exchanging of substances having 
 values in the barter system, is the equalizing the value of the sub- 
 stances to be exchanged, the first step in the creation of money, 
 or a universal exchanger of values is, for A, B and C to 
 equalize the values of their substances by the common standard 
 of value. Hence, A makes or assumes. the value of his horse to 
 be equal to $100, and B values his wheat at $100, and C his mer- 
 chandise at $100 ; then, upon the principle that things equal to 
 to the same thing are equal to each other, the value of A's 
 horse, and of B's wheat, and of C's merchandise, being each equal 
 to the $100, are respectively equal or are equalized. Again, as 
 the second step in the exchanging of substances having value in 
 the barter system, is the communication of the fact that the 
 values of the substances to be exchanged are equalized, therefore, 
 the second step in the creation of money requires A, B and 
 C to make known the same fact, to-wit : that the values of 
 
the substances to be exchanged have been also equalized, and 
 equalized by the ioo units of value, and this is done indirectly by 
 representing the ioo units of value or the $100 on some substance 
 free of cost, say a piece of paper; for, this being done, this piece 
 of paper would represent alike the value of A's horse, B's wheat, 
 and C's merchandise, and would, therefore, represent the fact 
 that said values were equalized, since said values being each repre- 
 sented as equal to the $100, are equal to each other or equalized. 
 Then, as the third and last step in the exchanging of substances 
 having value under the barter system, is the giving, on the part 
 of the owners of said substances to be exchanged, their consent 
 to an exchange of the substances whose values are equalized. 
 Hence, the third and last step in the creation of a universal 
 exchanger of value, is the giving of the universal consent of the 
 owners of substances having value, to exchange said substances 
 for the paper substance or substances whereon the amounts of 
 the values to be exchanged are represented and equalized. Now, 
 it is known that this universal consent to do this is obtained by law 
 and made obligatory by law, and when obtained, these paper sub- 
 stances would become lawful money. For it is self-evident that if 
 all the owners of substances having intrinsic value consent and 
 obligate themselves to exchange said substances for paper sub- 
 stances, whereon the amounts of the intrinsic value of said 
 substances are represented, in this case any one having a $100 
 paper note that represents the intrinsic value of any kind of 
 substance to the amount of $100, could readily exchange it for 
 any kind of substance having intrinsic value to the amount of $ ioo, 
 and the individual who exchanged a substance, having intrinsic 
 value to the amount of $100 for the paper substance, that only 
 represented intrinsic value to the amount of $100, could procure 
 with this paper substance any kind of substance with intrinsic 
 value to the amount of $100 that he desired. In this way, the $100 
 paper note becomes a perfect medium of exchanging any and all 
 kind of substances having intrinsic value to the amount of $100. 
 Hence, it is obvious that said $ ioo paper note, representing the 
 intrinsic value of any kind of substance to the amount of $iOO, 
 would readily exchange A's horse, and B's wheat, and C's mer- 
 chandise in accordance with the wishes of their respective owners. 
 For B could sell his wheat to a miller for a $100 paper note, and 
 with it buy A's horse, and A could, with the $100 paper note, 
 buy C's merchandise, and C could, with the aforesaid paper note, 
 buy merchandise having intrinsic value equal to that represented 
 on the paper note — said result being precisely what the owners 
 ot the values exchanged desired. 
 
 Now, it is obvious that since this case makes known the prin- 
 ciples by which a paper substance or a silver or gold substance 
 
IO 
 
 can be made money, it therefore involves and contains all of the 
 facts and principles existing in the operations of money. Hence, 
 a clear and accurate knowledge of the facts and principles 
 involved and contained in said case will furnish us with clear 
 and accurate knowledge of the operations of money. We pro- 
 pose, therefore, a rigid and minute analysis of the above case, in 
 order to develop fully and clearly all of the facts and principles 
 contained therein. Then the first fact, and very important fact 
 exhibited in this case, is this : that the unit of value or standard 
 of value, called dollar, is the chief instrument by which the thing 
 called money is made. Hence, a knowledge definite and clear 
 of the unit of value, what it is, how it performs its functions in 
 the creation of money, is a matter of primary importance. Now, 
 the value of any substance is the use which it performs, and the 
 use which a certain specified amount of silver or gold performs, 
 as ascertained by observation, has been assumed by mankind as 
 the unit of value, or standard of value, for the purpose of 
 equalizing or measuring the values of the substances they wish 
 to exchange ; because the unit of value is as necessary in deter- 
 mining or ascertaining the amounts of values as the yard-stick 
 is necessary in ascertaining the dimensions of substances. And 
 to distinguish the unit of value from all other values, as well as to 
 indicate the peculiar use it performs, a specific name is given to 
 it, and, as already stated, is, in this country, called dollar. Xow, 
 it is evident that the mental organs alone can take cognizance 
 of the values or qualities of material substances. Therefore, the 
 measuring of values by the unit of value is a mental operation, 
 and implies a mental separation of the unit of value from the 
 substance whence it is taken, and, as a material substance does 
 not, and cannot, enter the human mind, but an idea of its value 
 can, and does enter, and remains therein, therefore, the owners 
 of substances containing value have the unit of value alway 
 their minds, and use it to equalize or measure the values of 
 the substances they" wish to exchange. Now, it is well known 
 that the ideas of things which exist in the mind are transferred 
 from one mind to another through the agency of words, spoken 
 or written, and that said ideas can be taken out oi the mind and 
 transferred to a material substance through the same medium — 
 the medium of words. Hence, this idea of the amount of use per- 
 formed by a specified amount of gold or silver, existing in the 
 mind, is called dollar, and the word dollar being inscribed on a 
 silver substance having the specified amount of substance from 
 which the unit of value was assumed, then this operation 
 transfers said idea, through the agency of the word dollar, from 
 the mind to the silver substance, whereon the word dollar is 
 inscribed, and the word dollar inscribed on the rim of said silver 
 
1 1 
 
 substance represents the amount of use performed by said silver 
 substance when developed, while the undeveloped value of this 
 same identical silver substance is represented by the bright color 
 of said substance, upon the principle enumerated by the Apostle 
 Paul, " The invisible things of this world are represented by its 
 visible things " — the invisible things of the silver dollar being 
 undeveloped value, and its visible thing its color. Hence, the 
 new silver dollar has two distinct values connnected with it ; one, 
 its jewelry value, inclissolubly connected therewith, and imparted 
 by divine agency; the other, its exchanging value, and imparted 
 by human agency, and removable at the pleasure of its creators. 
 Now, one of the characteristics of this curious invention is this, 
 that it is absolutely impossible to make it furnish but one of its 
 two distinct values at the same time. If you used it for its 
 jewelry value its exchanging value disappeared, but, if you used 
 it for its exchanging value its jewelry value remained in a per- 
 fectly worthless and undeveloped state. Now, my readers, you 
 have often heard it said that it was impossible to ride both sides 
 of a sapling at the same time, but the devil who, as the Apostle 
 Paul informs us, " goeth about seeking whom he may devour, " — 
 just like his invention, gold and silver money — has induced man- 
 kind to do what is equivalent to that hitherto unaccomplished 
 feat ; for he has induced the entire human race, for thousands 
 of years in the past, and still keeps them steadfast, in the belief 
 that this undeveloped, and therefore worthless, value of the silver 
 dollar, though costing all the time as much as the value it 
 exchanges, and a value, too, which no one gets or wants, is 
 actually the guarantee of the honesty of the silver dollar, or, in 
 other words, the dishonesty of the silver dollar constitutes or 
 guarantees its honesty, which looks very much like riding both 
 sides of a sapling at the same time. 
 
 Again, it is well known that the silver dollar is universally 
 supposed to be the standard of value, and assuming, as all finan- 
 cial men have done and still do, that the undeveloped value of 
 the silver substance called a silver dollar, indissolubly connected 
 with its substance, was the unit of value or common standard 
 of value, they could not possibly avoid the conclusion arrived at. 
 But the assumption being entirely false, as previously demon- 
 strated, the conclusion was therefore wholly false. Hence, it is 
 evident that the silver substance, called a silver dollar, is not the 
 standard of value which is the universal belief of financial men. 
 and all other men who entertain an opinion thereupon, but it is 
 only an exchanger of value, and made so by the common standard 
 of value or unit of value existing in the human mind, and used 
 in a two-fold manner, first, to*create a universal exchanger of 
 substances having value, and, secondly, to price the substances 
 
12 
 
 they wish to exchange. And this false assumption of the money- 
 changers concerning the silver dollar is the chief of the man}' 
 causes that has produced the profound and universal ignorance 
 that prevails in all countries concerning goid and silver money 
 and its operations. 
 
 Again, as a silver substance is made money by the represen- 
 tation of the word dollar thereon, because the word dollar in- 
 cludes the three constituent principles of money, upon the 
 principle that the part of a thing includes the whole of that 
 thing, just as the whole of a thing includes all of its parts, then 
 it follows that the word dollar inscribed upon a paper substance 
 would make this paper substance money, and make it money 
 upon the identical principle that the inscription of said word upon 
 a silver substance makes said silver substance money, because the 
 word dollar inscribed on the paper substance by the same authority 
 and for the same purpose that caused the inscription of the word 
 dollar, would have the same effect on the paper substance as .it 
 has on the silver substance — since similar causes produce similar 
 effects. But the paper substance makes money that would be 
 free of cost that is appreciable, and, being in the performance 
 of the use foi which it was created, would have but one value, 
 to-wit, the money-value, and would, therefore, equalize all kinds 
 of substance having value to the amount of one dollar — represent 
 all kinds of substances having value to the amount of one dollar — 
 and exchange these substances without diminishing their value. 
 
 Again, the purchasing power of paper money can be greatly in- 
 creased without increase of cost. For instance : a piece of paper 
 of the same size and quality that represents value to the amount 
 of $500, exchanges value to the same amount, could also rep- 
 resent value to the amount of $500, since the three words five 
 hundred dollars could be printed by machinery as readily as the 
 two words one dollar, and on a piece of paper of the same size 
 and, therefore, without any difference as to cost, whereas the 
 increase of the purchasing power of gold and silver money 
 involves a like increase of its cost, since $500 gold or silver 
 money not only represents value to the amount of $500 and ex- 
 changes value to the amount of $500, but it also has intrinsic 
 value to the amount of $500 and therefore costs ,$500. Hence, 
 it is clearly demonstrated that the most important difference be- 
 tween gold and silver money, consists in the difference of the cost 
 of the substances that have been made money — the one being free 
 of cost, while the other has cost to the greatest extent possible. 
 
 Again, this case reveals another very important fact, which has 
 been hitherto wholly ignored, to-wit: that money is common 
 property — the property of the paeple. For the owners of lands 
 and labor combined produce all kinds and all forms of value. 
 
13 
 
 For all value whatever comes from Mother Earth through the 
 agency of labor, and these two classes combined are the people 
 of a country ; and they alone create money to exchange the value 
 which they alone produce. So the people of any country have 
 a two-fold right, and an inalienable right, which is a God-bestowed 
 right, to property in money, since the power to produce value 
 and the right to own value implies and carries with it the right, to 
 exchange the value produced and owned. But it is known that 
 the right of the people who create money to its ownership is called 
 communism by the few who have a monopoly of money — a word 
 that, in the mind of the monopolist, means anything and every- 
 thing that is monstrous and horrible. But the reverse of this is 
 the fact, as is clearly demonstrated by this simple illustration: 
 Suppose ten individuals purchase a mule, each one paying the 
 same amount, then, evidently, the mule is common property. 
 But suppose two of the ten contrive to get a law enacted giving 
 them, who are the few, the sole right to the mule, with the ex- 
 clusive privilege of hiring the mule to the eight, who are the many. 
 No,w, any one and every one having a sane mind can not fail to 
 perceive and admit that this proceeding on the part of the two 
 individuals, though legalized, is an open and utter and monstrous 
 violation of every principle of justice, divine or human. Now, the 
 monopoly of money by a fcw individuals is precisely identical to 
 the above case, for they have obtained, by law, a monopoly of 
 money, which is evidently the property of the people, since they 
 alone create it, and create it for the sole purpose of exchanging 
 their value, and, in addition thereto, they create it with the inten- 
 tion and expectation that in exchanging their values it shall, and 
 will give value for value ; and yet, in dispite of all this, through 
 the agency of this monopoly, the monopolists have perpetrated, 
 upon the producers of value, a fraud that is without a parallel, 
 or even an approximation thereto, in the whole history of human 
 fraud. For those that' perpetrated the fraud, and those upon 
 whom the fraud was perpetrated, are alike profoundly ignorant 
 of the fraudulent character of gold and silver money, both 
 parties being alike blinded by its wonderful accumulative power. 
 But still, the party defrauded feels that a most grievous wrong 
 has been inflicted upon them by those that have a monopoly of 
 money ; and this is inevitable, for, though blind as to the real 
 cause of this great wrong, they could not fail to see that while 
 they produced all kinds and all forms of value in vast abundance, 
 yet vast numbers of the producing class were continually in 
 want — the most urgent — of what they had actually made, and 
 made in " the sweat of their faces," — but, at the same time, they 
 perceived, with equal clearness, that those who had a monopoly 
 of money had an abundance, an overwhelming abundance, of 
 
14 
 
 that vety wealth which they had not created. So they could not 
 possibly avoid perceiving that the monopolist of money, like the 
 rich man spoken of in the Sacred Scriptures, was clothed in 
 purple and fine linen, and fared sumptuously every day, while they, 
 who had a monopoly of the production of value, were, like Lazarus, 
 "clothed in rags, and so destitute as to be both thankful and 
 glad to get even the crumbs that fell from the rich man's table." 
 Hence, the exposure of this fraud, in the operations of gold and 
 silver money is a matter of profound interest to the whole human 
 race. 
 
 But, to make this exposure is an undertaking that brings us to 
 what is termed the "almighty dollar," which is either gold or 
 silver, or both. Now, the Apostle Paul was divinely authorized 
 to declare that the "love of money is the root of all evilf and 
 the love of money is evidently excited in the human mind alone 
 by the accumulative power of money, since this characteristic 
 of money gives to the owners of money wealth and honor and 
 glory and power — things which the human heart craves more 
 than all other things — and gives these things without much 
 effort, mental or bodily, on the part of the recipient. It was 
 the Pandora's box of the Ancients which, when opened, flooded 
 the whole earth with every form of evil. It is a perfect enigma ; 
 everybody uses it, and even/body wants it, but what are its 
 operations, save that it is a universal exchanger of value, has been 
 in the entire past, and is, up to the present moment, a profound 
 secret. 
 
 Now, obviously, one cause of this mystery about money 
 arises from the assumption that money, in the exchanging of 
 value, gives value for value, while the known facts connected 
 with the use of money can not possibly be made to harmonize 
 with this assumption. Take this case as an illustration of the 
 utter impossibility of reconciling the assumption of the honesty 
 of money with the facts •resulting from the use of it: The news- 
 papers state that a manufacturer of tobacco in the city of New 
 York made in one year $300,000 clear of all expenses. Now, 
 this expression ''clear of a// expenses f means that the last dol- 
 lar requisite in the manufacturing of said tobacco and advanced 
 by this man was returned to him at the end of the year by the 
 laborers employed, and returned from the increased value given 
 to the tobacco by their work thereupon, and that the $300,000 
 he received came from the same source, being the net profits of 
 their labor for the entire year ; and instances of this sort, in vast 
 numbers are of constant occurrence in this country and in all civil- 
 ized countries. But it is evident that it is absolutely impossible 
 to reconcile such monstrous results with the assumption that 
 gold and silver money gives value for value. 
 
15 
 
 Again : Let us take a case in which the operations of the so- 
 called honest money are exhibited upon a much larger scale. 
 By order of the parliament of Great Britain the statistics of the 
 daily incomes of every man and woman in that whole country 
 were taken. And the result, as published in the newspapers, was 
 this : Five hundred thousand people had daily incomes from 
 $50,000 down to $5; nine millions of people had two shillings daily, 
 and eighteen millions had only one shilling daily. And it is well 
 known that these twenty-seven millions of people constitute that 
 class whose labor alone produce the wealth of a country. They, 
 then, are the workers in the hive who make all of the honey, while 
 the half million are non-producers of value, and therefore are 
 the drones in the hive, who do not make a particle of honey, 
 yet get all of the honey, made by the workers, saving and ex- 
 ceping a small pittance, barely sufficing to keep them alive, in order 
 to keep them at work, just think of it, my readers ! One indi- 
 vidual of the half million of the non-producet s of value received 
 daily, according to these statistics, fom hundred thousand times 
 more than any one of eighteen millions of producers of value. 
 Then, how is it possible for any one to believe that gold and 
 silver money, which alone through its operations, produced such 
 infernal and appalling extremes of poverty and wealth can be 
 honest .' How can money give value for value when it takes the 
 overwhelming portion of the value it exchanges? Now, the one 
 is the assumption or theory, and the other is the fact. It is im- 
 possible to reconcile them. Then, it is the dictate of common 
 sense that the theory is false, wholly false, if it contradicts the 
 facts; and this I propose to demonstrate. But, to do this, it is 
 absolutely necessary to analyze and examine minutely and fully 
 both the facts and assumed facts connected with this mysterious 
 and all-powerful dollar, but all poweiful only for evil, and while 
 some of these facts have been previously stated, it is very im- 
 portant to have all of the facts and assumed facts in a connected 
 series, hence it becomes a necessity to re-state some of the im- 
 portant facts already stated. Now, the fact appertaining to 
 money, that has brought about the fraud in money, and the mys- 
 tery about the operations of money, is the double value of 
 money — has two distinct values at the same time — the one in- 
 trinsic and the other extrinsic. The intrinsic value is imparted 
 by Divine agency and consists in its capacity to make various 
 kinds of jewelry and various kinds of tableware ; also, watches 
 and a variety of other things, such as we see in a jewelry store. 
 But the extrinsic value is imparted by human agency and con- 
 sists in its capacity to exchange all kinds of value. Now, while 
 htese two distinct values appertain to the same substance, it can, 
 not be made to furnish but one of its values at the same time. 
 
\6 
 
 If you get the value imparted by Divine agency, its capacity to 
 exchange values ceases to exist." But if you make this substance 
 perform the use imparted by human agency, you do not and can 
 not get the use which the maker of this substance intended it to 
 perform, but its capacity to perform this use, which is called its 
 intrinsic value, remains intact in an undeveloped or worthless 
 state, called a state of potency. Now, the silver substance 
 called a silver dollar, is used, as every person knows, as money, 
 and has the unit of value called dollar represented upon it, and 
 has value to the amo/int of one dollar, because it is composed of 
 the identical amount of silver substance from which the unit of 
 value was taken or assumed. Hence, the silver substance called 
 a silver dollar has intrinsic value to the amount of one dollar, 
 represents value to the amount of one dollar, and exchanges 
 value to the amount of one dollar, and therefore costs one dol- 
 lar. Hence, when the silver dollar is given in exchange for any 
 substance having value to the amount of one dollar, it appears as 
 if the exchange occurred on the ground of the intrinsic value of 
 the silver dollar, since the intrinsic values of the substances ex- 
 changed are equal, each amounting to one dollar. Hence the 
 advocates of gold and silver money, because of this appearance, 
 affirm that said silver dollar gives value for value. But this ap- 
 pearance is like the phenomenon that daily occurs in the world 
 of nature, to- wit : It appears that the sun moves around the 
 earth once in every twenty-four hours, but it is known that this 
 appearance is not true or real, but the reverse of it is true; the 
 ecu tli moves, has a double motion, i evolves on its axis once in twenty- 
 four hours, which causes the appearance of the sun moving around 
 the earth once in twenty-four hours; it also moves around the 
 sun at the same time, going -entirely around it once in twelve 
 months. It is also known that this double motion of the earth 
 deceived everybody up to the time of Galileo, for every one, 
 judging from the appearance, supposed that the sun moved around 
 the earth. Now, it is this double value of the silver dollar that 
 has produced a similar result, for its advocates, judging from the 
 appearance, affirm that it gives intrinsic value for intrinsic value, 
 but this assertion is not true, since it is welkknown that no one 
 wants or gets its intrinsic value. For every farmer knows that 
 when he exchanges a bushel of wheat for a silver dollar he doi s 
 not get, nor does he want the jewelry value or intrinsic value of 
 the silver dollar, of course ; then he gets its extrinsic value and 
 exchanging value which has the capacity of procuring him any 
 kind of value he may want, and value equal to the value of his 
 bushel of wheat ; also, every owner of labor, without a single ex- 
 ception, knows that when he exchanges a day's labor for a silver 
 dollar, he neither wants or gets the intrinsic or jewelry value of 
 
i7 
 
 the silver dollar, but he exchanges his labor for the silver dollar 
 because he knows that he can, with the silver dollar, get any kind 
 of value he wants to the amount of one dollar, and, therefore, 
 gets value equivalent to the value of his day's labor ; therefore, 
 the appeaianec that we exchange our values for the intrinsic 
 \alue of the silver dollar is not real, but the reality is that we ex- 
 change our values for the silver dollar solely on the ground of 
 its extrinsic or exchanging value, since, on this ground, it acts as 
 a representative of value. Hence, the silver dollar is used alone 
 on account of its extrinsic value, but while thus used it carries 
 with it its intrinsic value in an undeveloped and therefore useless 
 state, which no one wants or gets. Therefore, the vety impor- 
 tant question to be determined is, for which of these two distinct 
 values of the silver dollar do the money-lenders exact increase? 
 for the value which is not used, or for the value which is used — 
 for its intrinsic value, or for the extrinsic value ? Now, the cost 
 of exchanging value and the exacting of increase are synonymous 
 terms, and it is known that the silver substance on which the 
 purchasing power of money is placed has intrinsic value to the 
 amount of one dollar, and therefore costs one dollar. But cost 
 can not be predicated of the purchasing power or extrinsic value 
 of the silver dollar, since it is created by the universal consent of 
 the owners and producers of values to do certain things, and cost 
 can not be predicated of human consent, since it is free of cost. 
 Hence, it is evident that the money-lenders exact increase for 
 the intrinsic value of the silver dollar, a value which no one 
 wants or gets ; and it is also evident that this cost of the silver 
 dollar can only be taken from the value it exchanges, since there 
 is no other source from which it can be derived. 
 
 Again: These two distinct values of the silver dollar have 
 two distinct owners. The extrinsic value is really the property 
 of the producers of value, though not in their possession, since 
 it was created by them alone, and created only to exchange their 
 values, and exchange them without cost; but the intrinsic value 
 of the silver dollar is the property of the ' money-lender, since 
 the substance called silver bullion is owned by them, when con- 
 verted into silver dollars by the Government, the agent of the 
 producers of value, who are the people; and this conversion of 
 silver bullion into silver dollars is effected at the mint by the 
 agency of the Government stamp, and consists in inscribing the 
 word dollar on the rim of the silver substance having a circular 
 form and a specified weight and size, and means that the silver 
 substance, called a silver dollar, represents value to the amount 
 of one dollar, exchanges value to the amount of one dollar, and 
 costs one dollar. Hence, when the extrinsic value of the silver 
 dollar which, by creation, is the property of the producers of 
 
value, is imparted or placed upon the silver substance, which is 
 the property of the money-lender, it becomes the property of 
 the money-lender. Hence, the money-lender, as the owner of 
 the silver substance made money, has absolute control of both 
 of its values, and uses only one of its values, but uses that value 
 which he has artfully and unjustly taken from the producers of 
 value, and uses it to decrease their values while exchanging their 
 values, and decreases their values solely on the ground of the 
 intrinsic value of the silver dollar — the money-lender' s value, but 
 a value which no one wants or gets. I re-assert that the pur- 
 chasing power of money has been artfully and unjustly ob- 
 tained from the producers of value, because the owners of 
 gold and silver money and its advocates have induce] the 
 producers of value, by resonings based upon the appearances 
 of truth, to believe that said gold and silver money, in ex- 
 changing their values, gives value for value, whereas, the facts 
 resulting from the use of this money clearly demonstrate the 
 falsity of this assumption of the money-lender, and the first 
 and most conspicuous of all the facts connected with the 
 use of money is the exacting of increase of money. Now, we 
 have already shown that increase of money is exacted solely on 
 account of the intrinsic value of the silver dollar, a value which 
 no one wants or can get so long as the silver dollar is use 1 as 
 money, and therefore increase of money is exacted without 
 rendering any equivalent. It is true that the money-lender as- 
 sumes that increase of money is exacted on account of the cost 
 of the silver substance made money, and it is also true that the 
 silver substance made money did cost one dollar; but the owner 
 of this substance voluntarily carried it to the mint, and volun- 
 tarily had this substance converted into money; and in doing 
 this he also pledged himself not to use said intrinsic value since 
 he pledged himself only to use its exchanging value, for he 
 knew that it was absolutely impossible for him or anybody else 
 to use both values at the same time. In addition to this he also 
 pledged himself that this silver substance, made money by his 
 voluntary act, in performing its functions as money, should comply 
 with the great law of money and the great rule of honesty, to- 
 wit : give value for value; and the Government of this country, 
 as the agent of the people, in imparting to this silver substance 
 its exchanging value, called its purchasing power, is also pledged 
 to enforce a compliance with this double pledge on the part of 
 the lender of the silver dollar. 
 
 Now, it is known that the institutions called banks are created 
 by the Government solely for the purpose of furnishing the 
 money whereby values are exchanged, and it is also known that 
 these operations are confined simply to the loaning of money 
 
19 
 
 of which they have a monopoly. It is also known that the mo- 
 nopoly of borrowing is also confined to a small class, while the 
 great mass of the producers of value have not the privilege of 
 borrowing, they have the exclusive privilege of producing value, 
 and of paying the increase of money / for the borrowers of money 
 get said increase from the values produced by the owners of 
 land and labor, and pays it to the lender of money. So the in- 
 crease of money comes ultimately from the owners of land and 
 labor, since they combined alone produce all kinds and all forms 
 of value, and, of course, their values are decreased in exact pro- 
 portion to the increase of money. Then, having ascertained the 
 ralio according to which increase of money is exacted, we will 
 then know the ratio according to which value is decreased by the 
 exacting of the increase of money. 
 
 In 1878, upon personal inquiry, it was ascertained that the 
 banks in the city of Richmond loaned money at the rate of fif- 
 per cent., sixty days' time. Now, any amount of money at 
 just half of this rate, compounding every twelve months, will 
 double itself in ten years. Then, one dollar at seven and a half 
 per cent., compounding once in a year, will, in four hundred 
 years, double itself forty times, and one dollar doubled forty 
 times amounts to $1,099,511,627,775. So that this one dollar, at 
 the above rate, adds to itself in four hundred years $1,099,511,- 
 627. 774 — grows, but grows to this vast extent by decreasing value 
 to this same vast extent, without giving the slightest equivalent. 
 
 What a wonderful compound of thief, laborer and mystery 
 "the Father of all Lies" makes of the silver dollar! — endows 
 it with the capacity of adding to itself in four hundred years 
 $1,099,511,627,774, like unto itself 'in every respect, takes the whole 
 of this inconceivable amount from value while exchanging it, and 
 takes it, too, without giving the slightest equivalent for it — takes it, 
 while its owner, and the owners of the value it takes, are alike 
 profoundly ignorant of the intensely fraudulent character of its 
 operations — endows it with the capacity of working without 
 food or raiment ; works without wages, and, therefore, never 
 strikes ; works six days in the week, but steals, unceasingly, the 
 entire seven ; steals night and day ; never slumbers or sleeps ; never 
 gets sick ; neither war or pestilence or famine affects or modi- 
 fies or stays, for a moment, its infernal operations; and since, in 
 the opinion of financial men, it has the capacity of continuing 
 its wonderful operations for twelve hundred years, in this time 
 its stealings, at seven and a half per cent., compounding every 
 twelve months, would suffice to purchase the entire planetary sys- 
 tem with every form and kind and amount of value thereupon. 
 Here, then, my readers, you can find in these unjust and myste- 
 rious operations of the silver dollar, a true solution of the two 
 
20 
 
 appalling extremes of poverty and wealth — a state of poverty 
 verging upon starvation to the millions who, in compliance with 
 the Divine injunction, "earn their bread in the sweat of their 
 faces," but wealth, overwhelming wealth, to the few that evade 
 a compliance with this Divine injunction by having a monopoly 
 of money with its wonderful accumulating power, for this accu- 
 mulative power of the silver dollar, combined with its monopoly 
 power, mysteriously and unjustly takes the overwhelming por- 
 tion of the value which the millions produce and gives it to a 
 few non-producers of value, or drones, without rendering the 
 slightest equivalent for it. Hence, the half million of non-pro- 
 ducers of value in the kingdom of Great Britain were, according 
 to statistics, in the possession of the vast wealth produced by 
 twenty-seven millions of producers of value, while they, with their 
 children, were in a state of extreme poverty — a state verging 
 upon starvation. 
 
 We propose now to show what are the means used to effect 
 this wonderful increase of the silver dollar. Now, it is well 
 known that when the owner of silver bullion carries it to the 
 mint, and has it converted into money thereat, he obligates him- 
 self that said money, in the exchanging of value, shall give value 
 for value, which necessarily implies that the silver dollar shall 
 not decrease value while exchanging it. Of course he also obli- 
 gates himself to use said bullion converted into money only as 
 money, and this obligates and compels him to keep the silver 
 substance whereon the purchasing power of money is placed in 
 its undeveloped, worthless state. Hence, from these unques- 
 tioned facts connnected with the silver dollar, this important 
 fact is brought to light, or evolved, to-wit : that the only possible 
 use that the silver substance made money does or can petfoim is, 
 to carry around and about, from place to place, and from person 
 to person, the word dollar inscribed on its rim ; for this single word, 
 as already demonstrated, combines and represents the constitu- 
 ent principles of money. Hence, it is made manifest why the 
 purchasing power of money was placed upon that identical 
 amount of silver or gold substance, from which the unit of value, 
 or standard of value, was assumed or taken. It was placed 
 thereupon to create a two-fold basis — one for the assumption that 
 the silver dollar, in the exchanging of value, gives value for 
 value — the other as a pretext for exacting increase ; and it is well 
 known that the advocates of gold and silver money do base their 
 assumption of its honesty upon the existence of its intrinsic value ; 
 and it has been already demonstrated, beyond all question and 
 above ail doubt, that the exacting of increase is alone on the 
 ground of the intrinsic or jewelry value of the silver or gold 
 dollar. 
 
21 
 
 We come now to the doubling process of the silver dollar, 
 which, of course, implies that it increases or grows in a geomet- 
 rical ratio, and therefore, decreases value in the same proportion, 
 since it is ultimately but indirectly derived from value. Then, 
 this question comes up for solution, how has this growth of the 
 silver dollar been brought about in the face of the fact, and a 
 self-evident fact, that its growth or increase is absolutely impos- 
 sible, and a fact perceived and admitted by every man and wo- 
 man, not idiotic or insane, and this fact also implies that the sil- 
 ver dollar is utterly devoid of the slightest appearance of growth? 
 And the only answer to this question that it is possible to give is, 
 that the intrinsic value of the silver dollar was the instrument in 
 accomplishing this greatest of all known or conceivable frauds, the 
 gtowth of the silver dollar ; for it was obviously accomplished by 
 allowing the owner of the silver dollar to be paid for the cost of 
 the silver bullion, whereon the purchasing power was placed, 
 and this was obviously allowed, and allowed by law, on the 
 ground that the silver bullion, converted into money, or a silver 
 dollar, has intrinsic value to the amount of one dollar ; and it is 
 a well known fact that increase and the cost of exchanging value 
 have the same meaning. It is also known that the cost of ex- 
 changing value or increase is obtained alone from value, and 
 obtained indirectly in the form of money ; but the enactors of 
 said law of course presumed that the owner of said silver dollar 
 would take the cost only once, for if he took it twice he would 
 take more than he claimed or asked, and more than he was enti- 
 tled to, and more than he was allowed. The enactors, of said 
 law were also ignorant; of the fact that the owner and lender of 
 the silver dollar was debarred by his own voluntary act from 
 claiming or asking for the cost of his silver dollar since he, prior 
 to his petition for cost, by his own voluntary act in getting his 
 silver bullion converted into money, rendered or made the in- 
 trinsic value of said bullion utterly worthless, said act being simi- 
 lar to that of a man who insures his house, then burns it down 
 and then claims the insurance. 
 
 Again : The owner and lender of the silver dollar not only sets 
 up a false claim for the cost of his silver dollar, but when allowed 
 it, assumes that the law that allowed him to take said cost once, 
 allowed him the privilege of taking it indefinitely and to the ex- 
 tent that his covetousness prompted him to demand, and the 
 wants of the borrower compelled him to allow ; and it is an undeni- 
 able fact that the owner and lender of the silver dollar acts upon 
 this assumption, and that he exacts the cost in such a manner 
 that he makes the cost of the silver dollar double itself; and since 
 the cost of anything and everything is paid in money, then he 
 makes the silver dollar double itself, and since this implies or 
 
22 
 
 means increase, then he makes his dollar INCREASE or GROW, 
 and, of course, doubles itself in certain periods of time, accord- 
 ing to the rate of growth assumed. 
 
 We propose now to express, in words, this hitherto unknown 
 operation of money, indicated in the doubling of the silver dollar, 
 as in example just given ; and to facilitate this undertaking, wc 
 call the original or parental dollar No. I, and the dollars it adds 
 to itself, in their successive order, No. 2, No. 3, No. 4, &c, &c. 
 Then, in ten years No. 1 adds to itself dollar No. 2 ; but this 
 addition is effected by taking value to the amount of one dollar 
 from the values exchanged by No. 1. and taken on the ground 
 of the cost of the jewelry value of No. I, and being converted 
 into money, becomes the instrument of stealing another dollar in 
 the second ten years, just as it was stolen in the first ten years by 
 No. 1. In the beginning of the second ten the owner of No. 1 
 has two dollars to loan, No. 1 and 2, and they steal each one dol- 
 lar from the values exchanged by them, and being converted into 
 money, become No. 3 and No. 4, and at the end of the second 
 ten years come, in company with No. 1 and No. 2, to the owner 
 of No. 1 and No. 2. Hence, at the beginning of the third ten, 
 the owner of No. 1 and No. 2 has four dollars to loan, No. I, No. 
 2, No. 3 and No. 4, and at the end of the third ten, four more 
 dollars are added, No. 5, No. 6, No. 7, No. 8, and upon the 
 identical principle that No. 1 added to itself No. 2 and No. 3, 
 and No. 2 added to itself No. 4. So, in the three series, dollar No. 
 1 steals seven dollars in thirty years, three directly and four indi- 
 rectly, through its thievish offspring, that is, its cost is taken 
 from value seven distinct times in thirty years — thus making a 
 clear steal of seven dollars in said time, In four hundred years 
 the cost of one dollar at seven and a half per cent., compounding 
 ever}' twelve months, is taken directly or indirectly 1,099,511,- 
 627,774 times, and the whole of this vast amount of silver dol- 
 lars is taken from the values exchanged without rendering the 
 slightest equivalent to the owners thereof, since it is taken 
 solely on the ground of the intrinsic or undeveloped value of this 
 one silver dollar and its thievish offspring— a value which the 
 owners of the values exchanged, which they never get or want. 
 In four hundred years its cost is taken from value 1,099,511,- 
 627,774 times, and the whole of this vast amount is derived 
 from value without rendering the slightest equivalent to the 
 owners thereof, since it is taken solely on the ground of the 
 cost of its intrinsic or undeveloped value — a value which the 
 owners of the values diminished thereby, neither get nor want, 
 nor the owners of the silver dollar can possibly give ; nor does 
 this tell the whole story, bad as it is The property of the 
 people, to-wit : the purchasing power of the silver dollar, by cun- 
 
23 
 
 ning and by treachery obtained, is used to effect this glaring and 
 unparalleled robbery — a robbery which defies the languages of 
 " all people and nations and tongues " to furnish words that suf- 
 fice to characterize it. 
 
 Now, it becomes plain, from this doubling process of money 
 effected by compounding the increase at short intervals, how 
 this periodical scarcity of money, and the shrinkage of values 
 consequent thereupon, are brought about ; for, supposing one 
 billion of dollars to be in the banks and one billion in circula- 
 tion, then the billion in the banks being loaned out at six per 
 cent, per annum and compounding every sixty days, said billion 
 in about thirteen years will double itself; and when the owners 
 of the billion loaned collect it, as they invariably do, and also 
 collect its increase, which likewise they surely do, if possible, 
 then the billion loaned and the billion in circulation, both being 
 in the possession of the owners of the banks, what inevitably is 
 brought about ? — a great scarcity of money ; and what next ? — 
 a great shrinkage of values of every kind and form, and b;. 
 and selling comes neatly to a " standstill;" all of the manufactur- 
 ing establishments all over the country compelled either to 
 suspend their operations altogether or curtail said operations to a 
 great extent ; vast numbers of the labor class are dismissed or 
 forced to submit to a reduction of wages, or strike ; merchants in 
 large numbers made bankrupts — the balance live upon their past 
 earnings, or eke out a scanty subsistance, wishing and hoping 
 for better times. Now, just such a state of things occurred in 
 sS/2-'3, and just such a state of things exist at the present 
 time, and have been in existence for several months; and the 
 inquiry all over the whole country is, what is the matter? What 
 is the cause or causes of the dreadful scarcity of money, and the 
 great shrinkage of all kinds and forms of value, and the great 
 depression of trade in all its branches ? — and the general answer 
 to these enquiries is over-production of value ; an answer obvi- 
 ously as far from the truth as it is possible to get, for it is self- 
 evident that there are vast numbers of people all over this country 
 that would and could gladly and readily consume this excess of 
 value if they had the money to purchase it, and the manufacturers 
 who are glutted with goods because the rherchants who would 
 buy their goods cannot sell them, and cannot sell them because 
 the people who want their goods have no money to buy them. 
 So, the real answer to this question is the scarcity of money, and 
 the scarcity of money is alone produced by the collection of in- 
 terest or increase of money. But, amid all this suffering and 
 destitution and worry, and anxiety, the bank man sits serene 
 and calm, and looks as innocent as a lamb. No scarcity of 
 money disturbs his equanimity. His bank is glutted and gorged 
 
24 
 
 with money, and this he admits, and when asked what is the 
 cause of all this trouble, answers promptly, "loss of confi- 
 dence," by which they mean, if they have a definite idea of the 
 expression, that the amount in circulation is so small that it would 
 be exceedingly difficult, if not impossible, to get back the 
 money loaned with its increase. Under these circumstances they 
 lose confidence, and therefore cease to lend, or, if they do lend, 
 it is only to those who give ample security, with the assuranc i 
 that the money loaned will be promptly returned when called 
 for. Again : It is known that money panics occur at intervals 
 of twelve or thirteen years. A money panic occurred in 1872-3, 
 it comes again in i884-'5 — another interval of twelve or thirteen 
 years. 
 
 Now, it is known that the currency in this country amounts 
 to two billions ; and supposing that a billion was out of the bank 
 in circulation, and a billion in the bank ; then, supposing the bil- 
 lion in the bank to be loaned at six per cent., coumpounding 
 every sixty days, then, the billion loaned, if collected with its 
 increase between twelve and thirteen years, will bring both the 
 billion loaned and the billion in circulation back into the bank at 
 said interval, so that the bringing back of the money in circula- 
 tion between twelve and thirteen years involves the two-fold fact 
 that the money in bank is equal to the money in circulation, and 
 that the rate of increase is six per cent., sixty days' time. Then, 
 the larger portion of the currency being in the banks, as a mat- 
 ter of course, there is a very small amount of it in circulation, 
 and the result is what is called a money-panic ; a great scarcity 
 of money and with the great scarcity of money we have, as a 
 necessary effect, a great shrinkage of values of all forms and 
 kinds, along with the many other and all other evil conse- 
 quences that are known to co-exist with and during the money- 
 panic. Now, there is but one way whereby the excess of cur- 
 rency in the banks can be put in circulation. It is evident that 
 it can not be loaned until the confidence of the owners of the 
 currency is restored, and that is restored by investing a portion 
 of the money in the banks, with which they are "glutted and 
 gorged. " So, they invest a billion in houses and lots in the cities 
 and various other kinds of desirable property, and this billion 
 being put in circulation, the bank men regain their confidence ; 
 and to show that a potential reason exists for the investment at 
 this particular time in connection with the wish of the bank man 
 to get the increase of his money, it is simply necessary to re-state 
 a statement made by a financial paper in the city of New York 
 during the prevalence of the money-panic in 1872-3. The state- 
 ment is as follows: " To show the dreadful extent of the shrink- 
 age of values of all values that has been brought about by the 
 
25 
 
 contraction of the currency, the statement of this single fact 
 will suffice, to-wit: a notable house and lot in this city sold, in 
 flush times, for $50,000 cash — to-day it sold for $5,000 cash." 
 Then, in this condition of things the banks invest, say a billion 
 of their money in valuable property, depressed to the lowest 
 point ; and then having invested about half of the money in the 
 banks, commence lpaning the other half, and this being accom- 
 plished, what are called flush times come about and the bank man's 
 lost confidence comes back to him. Hence, it is demonstrated that the 
 exacting of increase alone brings about what are called money- 
 panics, which, of course, involves an extreme contraction of the 
 currency, and it also demonstrates that it is the real cause of the 
 other extreme — the expansion of the currency ; for, it is well 
 known that the one is invariably succeeded by the other, just as 
 night and day, which are two extremes, invariably follow each 
 other, but produced by the same cause — the revolution of the earth 
 on its axis. But the bank men alone get the benefit of both 
 extremes ; since, in the first extreme, they get the whole of the 
 currency that is in circulation — say a billion — without giving the 
 slightest equivalent for it, and besides, get back their billion 
 loaned It is true they claim that they give full value for that 
 extra billion they bring back in company with the billion loaned, 
 and this full value which they claim to give is the intrinsic or 
 jewelty value of the billion loaned. But this say is evidently a 
 mistake, since this intrinsic or jewelry value came back with the 
 billion loaned in it and indissolubly connected with it, and there- 
 fore they did not and could not give it to any one, nor did any 
 one get it or want it. It is true that this billion loaned, while in 
 circulation, did perform a very important use ; it bought and sold ; 
 was the instrument of exchanging one value for another ; but 
 this use called the purchasing power, the people, through their 
 agent, the Government, gave to it; so the people that used the 
 purchasing power of said billion loaned were actually using their 
 own property, one of the double values of the silver dollar; but 
 the bank men also use this same money to buy and sell. Since 
 they collect the billion that was loaned and bring with it the bil- 
 lion that was in circulation, in consideration of the cost of the 
 intrinsic value in the billion loaned, and by this operation bringing 
 about an extreme contraction of the currency, then they buy and 
 buy the most valuable kinds and forms of property, reduced by 
 theh own act to the lowest point of depression. 
 
 Now, bear in mind, that buying property puts money in circu- 
 lation, and is called investing, and therefore the bank men or money 
 men having, by the operation called buying or investing, put a 
 billion of currency in circulation, proceed to loan the billion in 
 bank, which puts the larger portion of the currency in circulation, 
 
26 
 
 and then, and not till then, the bank men can sell, and do sell, 
 I suppose, to some extent, the property they bought when 
 money was scarce and property was low. Hence, the purchaser 
 of that notable house and lot in the city of New York having 
 bought it for $5,000 cash, owing to the contraction of the cur- 
 rency, could readily sell it for $50,000 cash when the currency 
 was expanded. Hence, it is evident that the Devil's idea con- 
 cerning the use of money has been the instrument of organizing 
 and legalizing a vast system of mystery, fraud and cunning com- 
 bined, of such a character as to defy the combined intellect of 
 mankind to comprehend its operations ; but, at the same time, 
 has induced the whole world to believe that gold and silver 
 money, in its operations, complies with the great law of money 
 and the great rule of honesty. 
 
 Now, the Lord's idea concerning the use of money is ex- 
 pressed in these words: "Thou shalt not take of thy neigh- 
 bor increase of money, or food, or raiment," and constituted 
 under the Jewish dispensation a plain, civil law ; and His opinion 
 of the atrocious principles involved in the exacting of increase is 
 contained in and expressed by these words: "He that putteth 
 forth his money upon increase, and taketh increase, is an abomi- 
 nation i)i my sight." It is then evident that the exacting of in- 
 crease of money is the principle condemned in the use of money; 
 and since the intrinsic value of the substance made money is the 
 basis or pretext upon which the exacting of increase is founded, 
 therefore, in order to exempt the substance made money from 
 the principle that brings about the exacting of increase of money, 
 it must be destitute of intrinsic value ; and, as we have already 
 demonstrated that a paper substance, such as is now used to 
 make what is called greenback money, but which is only a 
 promise to pay money, is the most suitable substance whereon 
 the purchasing power of money can be placed. Then, this 
 being accomplished, a paper dollar would perform the functions 
 of money upon the identical principles that the silver dollar per- 
 forates them, to-wit: it would equalize, represent and exchange 
 all kinds and forms of value to the amount of one dollar, but 
 would be free of cost that was appreciable, and would become 
 common property ; but admit its cost would be one cent, then, 
 in four hundred years it would exchange the same amount of 
 value that the silver dollar could, and upon the identical princi- 
 ple, the only difference being in the cost. The cost of the silver 
 dollar in that time at seven and a half per cent., compounding 
 every twelve months, amounting to $1,099,511,627,774, whereas 
 the paper substance being used in accordance with the Lord's idea, 
 without increase, would cost only forty cents! Since, supposing 
 the cost to be one cent, and that it would require renewal forty 
 
2 7 
 
 times — once in ten years — therefore the cost would he forty cents 
 in foil)- hundred yeats. 
 
 But, as we have seen that the Lord's idea about the use of 
 money, if adopted and acted upon, will become a great instru- 
 ment in furnishing in abundance the necessaries of life and the 
 means of education, and this is perceived by knowing what its 
 opposite has done, to wit : the Devil's idea concerning the use 
 of money, which, to some extent, has been presented. Hence, 
 I propose that the people of this country, through their agent, 
 the Government, demonetize gold and silver money and place 
 the purchasing power of money upon paper substances ; in other 
 words, make greenback money instead of a promise to pay money, 
 I propose, also, that the people of this country adopt the other 
 plain civil laws, constituting, if adopted, an absolutely perfect 
 form of civil government, said civil laws being given to the Jew- 
 ish people by the Maker of the Universe, while acting as their 
 king and lawgiver — the giver of laws, civil as well as spiritual, 
 and these laws being adopted, the Lord will, through the princi- 
 ples contained in said laws, govern us in civil affairs in the place of 
 the Devil who now governs us, because we have in our Constitution 
 six civil laws directly opposite to those civil laws given by the 
 Divine Lawgiver to the Jewish people ; and it is a tremendous and 
 important fact, that, whether we think it or not, we are abso- 
 lutely compelled, by the unchangeable laws of our being, to be 
 governed on both planes of life — natural and spiritual — either by 
 the Lord or the Devil, for the Lord said that ye cannot serve 
 two masters — masters directly opposite in their nature — ye can 
 not serve God and the Devil at the same time. Of course I am 
 fully aware that this proposition involves the greatest and the 
 most radical revolution that was ever contemplated ; but it implies 
 a change from the very worst to the very best — a change, therefore, 
 the most desirable. Of course this proposition involves the 
 abolishment of parties as they at present exist. We propose to 
 have but one party, called the people's party, with the motto : 
 The Lord and the people against the Devil and the money power; 
 for the Lord said : "Without me ye can do nothing. " Of course, 
 then, it would be the excess of stupidity to undertake this more 
 than Herculean task without Divine assistance, and the only pos- 
 sible way to be assured of Divine assistance is to act upon Divine 
 principles. 
 
 Again, it is known that the political parties at present in ex- 
 istence antagonize each other, and that a vast deal of hate and 
 contempt and mutual abuse and defamation of the principles and 
 motives and persons of the respective parties exist, and are 
 allowed and practised in both political parties. It is equally 
 well known that the chief end of the leaders of both parties is to 
 
28 
 
 get the lucrative and honorable positions appertaining to the 
 General Government. The outs wish to become the ins and the 
 ins wish to stay in. Hence, the great and bitter struggle 
 between the two has reference alone to the offices bestowed by 
 the head of the Government, the President. Now, this antag- 
 onism that exists between the two political parties is precisely 
 the kind of antagonism that exists in hell. Since each inhabi- 
 tant of that very disagreeable place is continually engaged in 
 worrying each other in every shape, manner and form conceiv- 
 able and possible, and the "torments of hell" consist of this 
 mutual worrying, together with the punishments inflicted upon 
 the offenders, but inflicted with a view to their amendment — that 
 is, to make them cease worrying each other, in order that each 
 one may have some degree of enjoyment. We, therefore, pro- 
 pose to discard this feature of the present political parties, by act- 
 ing as one party, and therefore act in harmony ; and the great 
 end of this party we propose shall be to place in the Constitution, 
 as fundamental civil laws, the six Divine civil laws given by the 
 Divine Lawgiver to the Jewish nation. Of couse, this action 
 involves a repeal of the civil laws opposite thereto, and involves 
 the serving of the Lord in civil matters on the natural plane, and 
 therefore ceasing to serve the Devil in these same civil matters on 
 this same plane of life ; and in this opinion I well know that I am 
 in direct opposition to the entire political world since everybody 
 thinks (and the political world includes everybody) that neither 
 the Lord nor the Devil has anything to do with politics, and an 
 opinion opposite to this is regarded as fanatical. Now, we desire 
 to call the attention of everybody to this undeniable fact, to-wit : 
 that it is the fixed and unchangeable law of the human mind 
 that everybody must think what is good and true, or think what is 
 evil and false ; but the good and the true come from heaven or 
 the Lord, while the evil and the false come from hell or the 
 Devil, and, as a rule, everybody acts as he thinks. Hence, every- 
 body has the power or capacity from this law of his mind to 
 think and act with the Lord or the Devil ; and I repeat that 
 everybody must think and act in this question with the one or 
 the other, since there does not exist an intermediate principle 
 between the affirmative and negative principle on any question. 
 
 Now, it is in accordance with reason, and the plain teachings 
 of the Sacred Scriptures authorize us to believe that the great 
 and highest end of the Divine Being in the creation of the plan- 
 etary system was to make a heaven from the human race. Hence, 
 it is evident that the great and highest end of all human govern- 
 ments would be to promote, as far as possible, this great end of 
 the Maker of all things ; and it is alike evident that human gov- 
 ernments would promote this great end to the greatest extent 
 
2 9 
 
 possible or conceivable, by the adoption of the aforesaid six 
 Divine civil laws, and this would be serving the Lord in political 
 matters and ceasing to serve the Devil therein. Hence, everybody 
 is in this dilemma, whether he thinks it or not, and from which 
 there is no possibility of escape — that, in political matters he must 
 serve either God or the Devil. 
 
 We will proceed now to show how this fictitious increase of 
 money operates in diminishing the value of the products of the 
 farmer; and we will suppose that a farmer carried his crop of tobacco 
 to the city of Richmond in 1878, when the banks of said city, as I 
 have already stated, were loaning money at the rate of twelve 
 and fifteen per cent., sixty days' time. Suppose, too, that this 
 farmer valued his crop at $1,000, and suppose, too, that it was 
 a fair valuation, considering the cost of producing it, would he, 
 or could he obtain this amount for his tobacco? He could not, 
 for two reasons : In the first place the tobacco buyers, as a rule, 
 borrow money of the banks for the purpose of purchasing 
 tobacco ; and supposing a certain tobacco-buyer, wishing to buy 
 said crop, and borrowing $1,000 for this purpose of the bank 
 for one year, he would give his negotiable note, with a good 
 endorser, for the $1,000, said note being made payable in twelve 
 months, but he would only get $850 — $150 being deducted for 
 increase or interest or the cost of exchanging value. Of course, 
 then, he could not give him a $1,000, since this might result in 
 a clear loss to the buyer of $150; but would he give him the 
 $850? He would not, and could not, for he bought the tobacco 
 to make a profit thereupon, to which he is entitled. Then he 
 must reduce the price of the tobacco by another $150, since this 
 buyer has the same right to exact increase for the money with 
 which he buys this tobacco as the bank man has who furnished 
 this money indirectly for this same purpose. So the farmer only 
 gets $700 for his tobacco ; but this diminishing process has not 
 stopped yet. This farmer exchanges his tobacco for the $700, 
 because he wants to buy goods and groceries and agricultural im- 
 plements, &c, &c, of the merchants, and they could not buy 
 his tobacco, for they wanted money, and money he must have 
 to get these articles of necessity from the merchant. So, of 
 course, he was compelled to convert his tobacco into money, and 
 from this operation of money, as just stated, he lost nearly a 
 third of his tobacco ; but the merchants, like the tobacconists, 
 borrowed money of the banks for the purpose of buying merchan- 
 dise and pay the fifteen per cent on the money borrowed, and in 
 pricing his goods calls this fifteen per cent, for the money bor- 
 rowed and fifteen per cent, on his own account prime cost, and 
 makes this prime cost a part of the price of his goods. Hence, 
 when the farmer buys goods of this merchant or merchants, he 
 
30 
 
 pays this prime cost in paying for the goods, as this prime cost 
 constitutes a part of the price of the goods. So, this second 
 operation of the cost of exchanging value or increase of money 
 diminshes his $700 $210, or, in round numbers, $200; but this 
 diminishing of the value of his tobacco is not yet complete. For 
 this Richmond merchant buys his merchandise of some wholesale 
 merchant in Baltimore or New York, or some other city ; and this 
 wholesale merchant does the identical thing that the Richmond 
 merchant did — borrows money of the bank, but did not, I pre- 
 sume, pay so much increase as the Richmond city merchant — say 
 he paid six per cent. So he adds on twelve per cent, as the prime 
 cost of the merchandise he sells to the Richmond merchant, and 
 which the Richmond merchant sells to the farmer, and which 
 also constitutes a part of the price of the goods which the 
 farmer buys, and which, therefore, diminishes the price of his 
 tobacco a third time ; but the wholesale merchant in New York 
 buys the goods of a manufacturer, and the manufacturer buys 
 the raw material of those who have it, wherewith to manufac- 
 ture the goods which this farmer buys in the city of Richmond. 
 Thus the farmer's tobacco is likewise diminished by the manufac- 
 turer and the furnisher of the raw material in the same manner 
 as it was diminished by the two merchants and the tobacconist 
 through the operations of interest on money; and, supposing 
 this interest to be only six per cent in each case, the sum total 
 of this diminution would amount to sixty per cent. — $600 of 
 the $1,000 taken solely for the fictitious increase of the money 
 used in exchanging this tobacco for the merchandise; but this 
 does not include the whole history of this farmer's tobacco, for, 
 in the beginning, another difficulty is encountered, since the 
 tobacconist has it in his power to price the farmer's tobacco, and 
 since manufacturers of tobacco, as a rule, become rich while the 
 producers of tobacco get poorer and poorer every year, the 
 inference is inevitable that the manufacturers, in purchasing 
 tobacco, act upon the principle of giving the least possible in 
 order to make the most possible. Hence, it is a matter of fact 
 that it is absolutely impossible for a farmer to borrow money to 
 the extent of one half of the value of his farm, and ezn r become able 
 to return the money borrowed ; if ever it is done, it is an 
 exception to the rule. Therefore, in the county of Buckingham 
 and the adjoining counties on both sides of the river all of the 
 finest estates therein have passed out of the hands of those indi- 
 viduals who have borrowed money equal to one half of the value 
 of said estates. We will take a single instance — sfor one will 
 suffice — to demonstrate the injustice and wrong that this infernal 
 principle, increase of money, inflicts upon this class. A certain 
 farmer on James river borrowed, {111845, $4,000 and gave ; li 
 
upon his estate to secure the payment of said money, rate of 
 increase, six per cent., payable semi-annually. Up to this time 
 said farmer has paid $12,000, including one half of his farm, and 
 still owes $4,000; paid $12,000 for increase — paid this vast 
 amount of money for the use of this money, as the money- 
 lender phrases it, though the $4,000 passed entirely out of his 
 hands about a month after it was borrowed. and he has not had 
 it in his possession since. It, as far as he was concerned or 
 knew, might be in the banks in China, or in the banks in Europe, 
 or it might be loaned to a hundred different people, and there- 
 fore robbing a hundred different people at the same time, up to 
 the present moment; but one thing is certain, this $4,000 
 robbed said farmer for thirty-nine years after it had passed 
 entirely out of his hands, and robbed him at the rate of S240 
 each year, and is still robbing him at the same rd,te ; but this state- 
 ment, infernal as it is, does not include the whole of the opera- 
 tions of this honest kind of money. Half of all of the productions 
 of said farm, from 1845 up to the present time, a period of 
 forty years, were absorbed while being exchanged, taken and 
 converted into money — taken, too, in virtue of the monstrous 
 assumption that the cost of the silver dollar grows, like a grain of 
 wheat, but grows by the decrease of value; nor is this the whole 
 of these monstrous results of this infernal principle — exacting 
 increase of money. The finale is this, that the borrower of 
 this prolific $4,000, through the agency of the monstrosity called 
 law, must, of necessity, lose the other half of his farm — must be 
 turned out of his house ; for this same monstrosity, called law, that 
 authorizes the constant robbery that culminates in the stealing 
 of his entire farm, also authorizes the executioner of this most 
 unmerciful and inhuman law to put this farmer and his family into 
 the public road ; and the exactor of increase and the lawyer, and 
 the judge, and the sheriff, all participators in this most merciless 
 and most remorseless transaction, regard it as eminently just and 
 right and proper. In addition thereto, the pulpit and the 
 press and the bar sanction and approve this exacting of increase, 
 which inflicts such a flagrant and diabolical outrage upon every 
 principle of common sense, and every dictate of justice and 
 mercy and humanity. Yes, it is an appalling fact that the whole of 
 Christendom, without a dissenting voice, have, in the entire past, 
 and up to the present moment, approved and sanctioned this 
 orinciple of exacting increase of money — a principle which 
 received from the Maker of the Universe, the Judge of the 
 whole earth,, a Being infinitely good, wise and Just, a greater 
 degree of condemnation than was extended to any other or all 
 other evil principles combined. 
 
32 
 
 We propose now to show how this principle, exacting increase 
 of money, combined with the monopoly-powet of this so called 
 honest money affects the labor class — those who obtain the neces- 
 saries of life by or in the sweat of their face. And, to do 
 this, we present a case that occurred in one of the cities of the 
 State of Virginia, wherein tobacco on a large scale is manufac- 
 tured. A manufacturer of tobacco in said city, it was reported, 
 made in one year $50,000 clear of all expenses, and the writer of 
 this address having heard this statement time and again — in fact, 
 heard it three times within three hours in the streets of said city, 
 upon enquiry ascertained that the statement was true, and that 
 the facts involved therein were as follows : First, the manufac- 
 turer borrowed money, say $100,000 of a bank or banks in said 
 city, wherewith to purchase the tobacco that was manufactured 
 and to defray all o*f the other expenses involved in the manufactur- 
 ing of tobacco, and these expenses, as far as ascertained, were 
 as follows : First, one hundred laborers or thereabouts, were 
 employed. Second, they worked about three hundred days, and 
 their daily wages averaged about one dollar. Hence, the expense 
 of the labor amounted to $30,000 in the year. The other items of 
 expense, the cost of the tobacco in its raw state, the tax on 
 the manufactured tobacco, the salary of the superintendent, 
 $2,500, interest on the money borrowed, $6,000, and every 
 other item of expense involved in the manufacturing of said 
 tobacco, were all paid from the proceeds of the sale of said manu- 
 factured tobacco,and then this manufacturer had $50,000. Hence, 
 as the manufacturer owned the taw material upon which these 
 one hundred laborers worked three hundred days, the manufac- 
 turer, of necessity, came into the possession of the entire value 
 imparted by these one hundred laborers in three hundred days, 
 and, from this value, the value of the manufactured tobacco, when 
 sold, be paid all of the expenses involved in the manufactur- 
 ing of the raw material for the whole year, and then had as his 
 share of this one year's transaction $50,000. 
 
 Now, these expenses were $106,000, and the net profits $50,- 
 000, but these one hundred laborers paid all the expenses and 
 received none of the profits, while the manufacturer paid not 
 a cent of the expenses, $106,000, but received all of the profits, 
 $50,000. Then this important question arises: What do the 
 laborers get in all instances of this character? And the answer, 
 clear, complete and conclusive, is this — that they do not get the 
 slightest compensation. For, in the first place, they return their 
 wages, and they, therefore, constitute only a. loan. In the above 
 case, each man was loaned, during the year, $300, but, at the 
 end of the year, each man returned the $300 ; in the second place 
 they pay all of the expenses, and, in the third place, they receive 
 
33 
 
 not a cent of the profits. They, therefore, only feed, house and 
 clothe themselves from their wages, and then return them at the 
 end of the year. It is also made manifest by an analysis of this 
 case, that while these laborers did not and could not borrow 
 money, yet they were made, in profound ignorance of the fact, 
 to return, out of the proceeds of their labor, not only the whole 
 of the money borrowed by the manufacturer, $100,000, but paid 
 the interest thereupon for one year, amounting to $6,000. Nor 
 is this the whole of this monstrous transaction ; these laborers, 
 in the sweat of their faces, made and gave $500 each to this 
 manufacturer, being the net proceeds of their entire labor for the 
 whole year, and without receiving any equivalent. 
 
 But all this, bad as it is, does not include the whole of this mon- 
 strous transaction. The wages of these laborers, amounting to 
 $30,000, was, as a matter of necessity, spent in furnishing food, 
 raiment and habitation, and one-half at least of the cost of these 
 necessaries of life consisted of increase of money — said increase 
 being a part of the price of these necessities of existence. 
 
 Again, these laborers had consented and bound themselves by 
 law to exchange their labor for money, and had also agreed to allow 
 the banks the exclusive monopoly of money, while the banks, 
 on their part, would neither lend them money nor employ them, 
 and those who had the necessaries of life would not exchange 
 them for labor, but only for money ; then they must either beg or 
 steal or starve, or work for those individuals who had the 
 monopoly of borrowing money, and borrowed money for the 
 purpose of employing labor, and the borrowers of money have 
 the privilege of pricing labor, while the owner of labor, if a man, 
 is forced to take the price offered, or beg, steal, or starve, and, 
 if a woman, beg, steal, starve or "go to the bad." Hence, 
 from these statements of facts, concerning the owner of capital 
 and the owner of labor, the relation of capital and labor may be 
 easily ascertained. For, the owner of capital, in all instances 
 similar to the above case, purchases the raw material, and, the 
 entire labor of the one hundred men being placed on said raw 
 material, increased its value to such an extent that, when con- 
 verted into money, it gave the owner of the raw material $50,- 
 000 clear of all expenses. Hence, each individual of the one 
 hundred laborers pays to the owner of capital $500 at the end 
 of the year, said $500 being the net proceeds of his labor for 
 the entire year. Again, the wages of the one hundred laborers 
 for the year were $30,000. and, as each laborer received $300 
 in the way of wages, and they constituted a portion of the ex- 
 penses, and said laborers paid the whole of the expenses, each 
 laborer, therefore, at the end of the year, returned his wages, 
 $300 each. 
 
34 
 
 Then, in all cases of this character, it is plain that the owner 
 of capital gets everything that labor produces, and, of course, the 
 owner of labor does not get the slightest compensation for his 
 labor — he is simply fed, housed and clothed from his own labor. 
 
 "But" says a defender of the capitalist, — and this is a say 
 often repeated — "it is really an act of charity to employ the 
 laborer so as to enable him to live, rather than perish for the 
 want of the necessaries of life." Grant it to be so; but who 
 or what dragged him into this position, so that he must either 
 work for a bare subsistence or beg, or steal or starve. Evidently, 
 it was accomplished by the monopoly of money, and the mo- 
 nopoly of money by a few people was evidently obtained by 
 fraudulent means, since, prior to the invention of money, there 
 were no money-changers. Hence, the producers of value, were 
 alone the creators of money, and it was created to exchange the 
 values which they alone produced. Of course, it was a down- 
 right, palpable, gross, infernal fraud for a few people to obtain 
 a monopoly of this money, created by all of the producers of 
 value combined, for the common benefit, and then by this mo- 
 nopoly of their own property, force them into this horrible posi- 
 tion, to beg, steal or starve, or work for a bare subsistence, since 
 the larger portion of the proceeds of their labor goes, as already 
 demonstrated, into the pockets of the monopolists of money. 
 Is then, this transaction just? Is it merciful? Will it stand the 
 test of the Golden Rule — "Do as you would be clone by?" 
 I answer emphatically, No ! It is an open, direct, flagrant viola- 
 tion — to the greatest extent conceivable — of every principle of 
 mercy or justice, Divine or human ! 
 
 But, it would be more than useless, it would be criminal to 
 call the attention of the people of this country to the magnitude 
 of the evils arising from the present mode of using money, 
 unless a remedy was suggested whereby these evils could be 
 avoided ; and the fact that these evils come from the exacting of 
 increase of money, and that this principle, with its monopoly 
 adjunct, is derived from the intrinsic value of the substance 
 made money, then, logically, it follows that the only possible 
 remedy for the great evils which are produced by the use of 
 gold and silver money is to place the purchasing power of money 
 upon a substance that is destitute of intrinsic value, say a paper 
 substance, and then paper money would be free of cost and 
 would be common property, could be readily carried about one's 
 person in large amounts, and easily transmitted from place to 
 place, and have a sufficient degree of durability — in a few words, 
 make " greenbacks " money. This being done, it is evident that 
 this paper currency would produce results directly opposite to 
 those that we have already clearly and undeniably shown are pro- 
 
35 
 
 duced by the use of gold and silver money. Take the above as- 
 sumed case for illustration : Greenbacks or paper money being 
 the currency, we would have government banks in the place of 
 the banks of individuals, and paper money in the place of gold 
 and silver money. Then, the one hundred laborers, through a 
 superintendent appointed by the State or Federal Government, 
 would -borrow the $100,000 to purchase the tobacco whereupon 
 the labor of these one hundred men, for the year, would be 
 placed, and at the end of the year the manufactured tobacco be- 
 ing sold, the superintendent would return the money borrowed 
 to the government bank, and, having paid all expenses, would 
 turn over the net profits to the one hundred laborers, amounting 
 to $700 for each individual, since there would be an increase of 
 the profits amounting to $20,000, owing to the absence of the 
 growing principle of the silver dollar. Truly, a wonderful dif- 
 ference ! But a difference resulting solely from the use of money 
 according to the Lord 's idea, and ceasing to use it according to 
 the Devil's idea ; one use giving to the laborer what he earns in 
 the sweat of his face, while the other use constitutes the owner 
 and monopolist of money a drone in the social hive ; that is, he, 
 as a drone, eats the larger portion of the honey which the work- 
 ers make, and, therefore, leaves them in a state verging upon 
 starvation. 
 
 We propose, therefore, such a change in the laws concerning 
 the use of money as will convert the d/oue into a worker, so that 
 he, too, shall comply with the Divine injunction, "thou shall eat 
 thy bread in the sweat of thy face." We also propose an 
 adoption of the other five civil laws given by the Divine Law- 
 giver, as a substitute for the five civil laws at present existing in 
 the civil government of this country, as well as in the civil gov- 
 ernments of all Christian nations. But this change has reference 
 chiefly to the principles contained in these civil laws, and not to 
 the persons selected to administer said civil laws, except so far 
 as their qualifications to administer said civil laws are concerned. 
 For while the peculiar profession of the lawyer would be dis- 
 pensed with, he could be made a judge, and since his -aspirations 
 are in that direction, he would be promoted to a more honorable 
 position, and, certainly, one more useful ; and in this position he 
 would be rid of the cruel necessity of listening to long and tire- 
 some harangues on the opposite side of the same question, but 
 which he could readily determine for himself, without any assis- 
 tance, by the testimony given, and which he is compelled to hear. 
 In addition to this his Honor would be rid of "the jury of 
 twelve," who, as compared with his Honor, are far less competent 
 to decide the questions at issue. And reason dictates that it is 
 absolutely impossible to suggest a better mode of settling dis- 
 
36 
 
 putes between man and man than that suggested by the Divine 
 Lawgiver, to-wit : settle all disputes between man and man by 
 men to be called judges, according to the testimony; said judges 
 to be just, intelligent, discrete men, God-fearing men, and men 
 hating cot v tousncss. 
 
 With reference to the present bank officers it would- not, in the 
 least degree, interfere with them, except on the ground of 'incom- 
 petency, since the bank officers, under the new system, would 
 have the identical functions to perform as in the old system, 
 saving and excepting the exacting of increase, and the leaving of 
 that out would greatly diminish the amount of the labor to be 
 performed, and the character of the work would be much less 
 intricate, and, therefore, more readily performed, and, of course, 
 they would be reappointed on the ground of having the requisite 
 knowledge and experience in conducting the affairs of a bank ; 
 and their salaries would be paid by the government, and, doubt- 
 less, liberal salaries would be given, as their services faithfully 
 performed would be of great use to the community. While 
 referring to the mode of settling difficulties, including the trial 
 of the thief and murderer, I omitted to state that no appeal 
 from the decision of the judges was allowed, I also failed to state 
 the sixth civil law, to-wit : the total prohibition of the enacting of 
 security 
 
 Then, this is the general proposition — that the people of 
 every State in these United States form themselves into and con- 
 stitute one party, with one great end, to-wit : the adoption of 
 and placing in the Constitution of these United States, the afote- 
 said six Divine civil laws, and the repeal of all the laws and 
 statutes and enactments contrary to or that cannot be made to 
 harmonize with said six Divine civil laws, and in this programme 
 is included a yeai of Jubilee ; in accordance with the Divine require- 
 ment, and this proposition, startling and extreme as it may seem, 
 contemplates the bringing into existence the very state of tilings, 
 shadowed forth by this Divine language, to be found in the fifth 
 verse and twenty-first chapter of Revelations: "and He that 
 sat upon the throne said, behold / make all things new; and He 
 said unto me, write : for these words air line and faithful." 
 
 We propose now to demonstrate that the debt of the State of 
 Virginia has been created by the exacting of increase, and since 
 the exacting of increase is taking something without rendering 
 an equivalent, therefore, the State debt is an unjust debt, and, 
 that, in fact, according to the dictates of common sense and jus- 
 tice, the bondholders really owe the State of Virginia; since the 
 State of Virginia has paid to the bondholders a great deal mote 
 than they were entitled to. We will illustrate this position by 
 taking the canal debt as an example. The State, in 1835 or 
 
37 
 
 thereabouts, borrowed $7,000,000 to construct the James River 
 and Kanawha Canal ; terms six per cent, per annum, to be paid 
 annually. Therefore, up to this time, the people of Virginia 
 have paid for this $7,000,000 $21,000,000 for increase — paid the 
 entire debt three times — and still the people of this State, 
 according to the Devil's idea about the use of money, owe the 
 whole of the original debt, $7,000,000; but, according to the 
 Lord's idea concerning the use of money, this State has paid 
 the bondholder $14,000,000 more than he was entitled to. Let 
 us, then, analyze rigidly and minutely this curious transaction 
 between the people of this State and the lenders of this prolific 
 $7,000,000, otherwise it is impossible to understand fully and 
 clearly this remarkable transaction. In the first place, we agreed 
 to pay the bondholders annually $420,000; but the silver dollar 
 has a double value, and the bondholder owning the silver dollar, 
 owns both of these distinct values Then, in order to ascertain 
 clearly the true nature of this transaction, it is necessary to 
 ascertain with absolute certainty for which of these two distinct 
 values of his $7,000,000 was the $420,000 annually paid, it being 
 self-evident that only one of these two distinct values can be 
 used at the same time. When this question is propounded to 
 the bondholder, he answers in this vague way — "that he 
 demands it for the use of his money " — that is, for its, purchasing 
 power ; but it can be shown that the bondholder is mistaken : 
 for it is undeniable that his $7,000,000, in the bullion state, did 
 cost, on the ground of their intrinsic or jewelry value, $7,000,- 
 ooo, and, therefore, cost can be and is predicated of them, while 
 it is equally well known that cost can not possibly be predicated 
 of the other value of the silver dollar, its purchasing power, for 
 it was created by the combined consent of the owners and pro- 
 ducers of value to do certain specific things, (already stated) and 
 neither cost nor increase can be predicated of consent. It is 
 also equally well known that the silver dollar, in virtue of its pur- 
 chasing power, is loaned and borrowed, and that it buys and 
 sells, is also a legal tender for all debts, public and private. It is, 
 therefore, evident that cost can not be predicated of the uses or 
 qualities which appertain to the purchasing power of money. It 
 is also well known that a certain class have a monopoly of money 
 while another class have the monopoly of borrowing, and the 
 second-class can use his money precisely as the monopolist does, 
 and, finally on this subject, it is known that the law allows the 
 lenders of money to take the cost of his silver or gold dollars 
 from the person or persons to whom he loans his money, but 
 did not allow him to take it more than once, since to take the 
 cost of the same thing twice or three times, or an indefinite 
 number of times, is manifestly unjust: for what -could possibly 
 
38 
 
 be more unjust than for a merchant to sell any individual a cer- 
 tain amount of goods for $100 and then insist upon said indi- 
 vidual paying him $200, or $300, or $400 for said goods, and it 
 is evident that a transaction of this character is contrary to all 
 law and to all justice, and to all common sense, and to universal 
 custom ; and yet it is a remarkable fact that this is precisely what 
 the money-changers are continually doing, though doubtless 
 profoundly ignorant of it, since he thinks that the exacting of 
 increase is the "sanctum sanctorum." 
 
 Hence, in the above case the bondholder was paid in the first 
 sixteen and two-third years $7,000,000, being the full cost once 
 for the $7,000,000 borrowed. In the second sixteen and two- 
 third years he was paid another $7,000,000, being the full cost 
 twice of the borrowed $7,000,000. In the third sixteen and two- 
 third years he was paid cost the third time for his borrowed $7,- 
 000,000. In other words, he, the bondholder, was paid three 
 distinct times for the cost of his $7,000,000, and yet the State 
 of Virginia still owe him $7,000,000 — paid him $21,000,000, 
 and still owe him $7,000,000; but this statement does not ex- 
 hibit the whole of this extraordinary fraud. 
 
 The first $7,000,000 paid by the State of Virginia at the 
 end of the first sixteen and two-third years, the money-lender, 
 as a matter of course, loaned to other parties whom, for brevity's 
 sake, we call No. 1. Hence, at the end of the second sixteen 
 and two-third years he had $14,000,000 to loan, one $7,000,000 
 from the State of Virginia, and one $7,000,000 from No. 1, and 
 he lends one $7,000,000 to No. 2 and one $7,000,000 to No. 3. 
 Hence, at the end of third sixteen and two-third years he, the 
 bondholder, has $28,000,000 to loan, which he gets respectively 
 from the State of Virginia, from No. 1, from No. 2 and from 
 No. 3, and in addition to this, he has $28,000,000 due him, one 
 $7,000,000 from No. I, one from No. 2, one from No. 3, and 
 one $7,000,000 from the State of Virginia, making $28,000,000 
 to loan and $28,000,000 due to him ; but in this calculation, as is 
 evident, I have failed to compound, and omitted it because of its 
 tediousness ; but since the money-lender, as a rule, compounds 
 then, this principle being acted upon in this case, the State of 
 Virginia, from the $7,000,000 borrowed for the purpose of con- 
 structing her canal, in fifty years funished the lender or lenders, 
 with the means of realizing $112,000,000, and paying them 
 directly from her own resources $21,000,000 of the $112,000,- 
 coo, but still owes $7,000,000 to the holder of her bonds. Now r , 
 the above fraud consists in the palpable fact that the $420,000 
 paid annually, though allowed by law and sanctioned by custom, 
 was paid without the parties paying it receiving the slightest 
 compensation therefrom : for we have already shown that when 
 
39 
 
 the money-lender had his silver bullion converted into said $7,- 
 ooo.ooo, he then and there pledged and bound himself and 
 had everybody else pledged and bound to use said $7,000,- 
 000 only for its exchanging value or purchasing power imparted 
 to them at the Government mint; and the Constitution of these 
 United States obligates and requires the Supreme Court of these 
 United States to enforce rigidly a strict compliance with the 
 above pledge on the part of the contracting parties. The owners 
 and lenders of gold and silver money likewise pledge or bind 
 themselves that said gold and silver dollars, in the exercise of 
 their functions as money, shall give value for value ; and it is 
 also a fact, and an unquestioned fact, that the money-lender and 
 everybody else uses the silver dollar only for its purchasing power . 
 It is also an unquestioned fact that the intrinsic value of the 
 silver dollar is in an undeveloped state, called a state of potency, 
 and, therefore, in this state is utterly incapable of increase or 
 growth. But, strange to say, some person or persons, unknown 
 thousands of years in the past (and of course dead) had a law 
 enacted (and blindly adopted by all succeeding ages) allowing the 
 money-lender to exact increase for this worthless, undevel- 
 oped value of the silver dollar, a value too, which the money- 
 lender can not give, and which the borrower neither gets nor 
 wants; and the money-lenders exact the increase in such a mode 
 as to make the silver dollar grow like a grain of wheat — adds to 
 itself in four hundred years, at seven and a half per cent., com- 
 pounding every twelve months, $1,099,511,627,774, but adds 
 this vast amount to itself by decreasing value to this same 
 vast extent without rendering the slightest equivalent to the 
 owners of the values decreased. Now, this peculiar operation of 
 the silver dollar furnishes a solution of this singular and curious 
 transaction, to-wit : That the State of Virginia having paid her 
 canal debt (#7,000,000) three distinct times, still owes the original 
 amount of the debt ($7,000,000,) for which the State of Virginia 
 paid $420,000 annually, this being one-sixteenth part of the $7,- 
 000,000, the bondholder assumes that this $420,000 is the 
 annual increase of the intrinsic value of the $7,000,000. But this 
 assumption is utterly false as well as stupid, since the intrinsic or 
 jewelry value of the $7,000,000 remained therein indissolubly 
 connected with its silver substances, and in their worthless state, 
 called a state of potency. Hence, the State of Virginia did not 
 use the intrinsic value of the money borrowed, but borrowed the 
 $7,000,000 only for its purchasing power, and used it as such ; 
 besides the bondholder had bound the State of Virginia by the 
 fundamental law of these United States not to convert his silver 
 dollars into jewelry, but to use them as money. In fact, it is 
 self-evident that if the State of Virginia had been sufficiently 
 
4° 
 
 satisfied to convert the $7,000,000 into jewelry, she could not 
 have constructed the canal with it, and the owner or owners of 
 these $7,000,000 of silver substances would have promptly and 
 scornfully refused to receive them when offered in the form of 
 various kinds of Jewelry. Hence, it is as clear as a sunbeam 
 that the State of Virginia did not and could not use or get the 
 intrinsic value of the $7,000,000, but did get and use its extrinsic 
 value, called its purchasing power, a value given to it by the 
 people of these United States, through their agent, the Federal 
 Government. It, therefore, is self-evident that the assumption 
 of the bondholder that the $420,000 annually paid by the State 
 of Virginia was the annual increase or growth of the intrinsic value 
 of his $7,000,000 is excessively stupid, false and fraudulent, and 
 constitutes the greatest and wildest and most destructive and most 
 astounding phantasy that ever entered the perverted mind of the 
 Father of all Lies : for the Apostle Paul was authorized by Divine 
 authority to assert that the love of money is the root of all evil, 
 and the love of money is excited in the human mind by the 
 accumulative power of money, and not by its purchasing power, 
 and the Satanic idea concerning the increase of money alone pro- 
 duces its accumulative power. 
 
 Hence, it is clearly demonstrated, beyond the shadow of doubt 
 or question, that, since the State of Virginia has, in fifty years, paid 
 annually four hundred and twenty thousand dollars as interest 
 on the seven millions borrowed in 1835 to construct the James 
 River Canal, she has paid the bondholder fourteen millions more 
 than he was entitled to. Since the twenty one millions was the 
 interest on or increase of the seven millions, said increase of said 
 seven millions being a palpable, self-evident fraud, because taken 
 from the various values of the people of the State of Virginia 
 solely from the assumption on the part of the bondholder that 
 the undeveloped intrinsic value of his seven millions of dollars in- 
 creased four hundred and twenty thousand annually for a period 
 of fifty years — an assumption known and universally admitted 
 to be utterly false, because it is utterly impossible for a silver sub- 
 stance to grow. Therefore, deducting the seven millions borrowed 
 from the twenty-one millions paid him without an equivalent 
 received, Mr. Bondholder will be justly due the State of Vir- 
 ginia fourteen millions of dollars ; and that the owners and lenders 
 of gold and silver money may have a clear conception of its 
 mysterious but fraudulent operations, we will present, in figures, 
 a brief statement of its operations, so that he may be somewhat 
 reconciled to the proposed abandonment of the growing feature 
 of the silver dollar, and for this purpose we will use one silver 
 dollar at seven and a half per cent. , compounding every twelve 
 months, a rate which causes it to double every ten years ; and we 
 
41 
 
 will call the original dollar No. I, and its increase, as they come 
 into existence, No. 2, No. 3, No. 4, No. 5, No. 6, &c, &c. 
 Then, No. I, in ten years, on the ground of the cost of its intrinsic 
 or jewelry value, adds to itself dollar No. 2, and, since no one 
 wants or gets the jewelry or intrinsic value of dollar No. 1, dollar 
 No. 2 is taken by No. 1, without giving any equivalent, so that No. 1 
 steals No. 2. In the second ten, in the same way, No. 1 and 
 No. 2 steals each one dollar, No. 3 and No. 4. In the third ten, 
 No. 1, No. 2, No. 3 and No. 4 steal each one dollar, No. 5, No. 
 6, No. 7 and No. 8. In the fourth ten, No. 1, No. 2, No. 3, 
 No. 4, No. 5, No. 6, No. 7 and No. 8 steal each one dollar. 
 No. 1 steals No. 9, No. 2 steals No. 10, No. 3 steals No. 11, 
 No. 4 steals No. 12, No. 5 steals No. 13, No. 6 steals No. 14, 
 No. 7 steals No. 15, and No. 8 steals No. 16; and, in four hun- 
 dred years, as already demonstrated, this dollar No. 1 and its 
 thievish offspring, would increase, in the above identical mode, 
 to $1,099,51 1,627,774, and would take from the values exchanged 
 this vast amount of value in the form of money, and take it 
 without giving to the owners thereof any equivalent. Now, it 
 is absolutely necessary for any human being to conceive of a 
 system of stealing more perfect and more complete than the 
 system indicated by the above figures, and it is a kind of steal- 
 ing totally different from any and all kinds ever known or prac- 
 tised by any human thief: for this Devil's thief, the silver dollar, 
 not only steals value to the amount of one dollar, but converts 
 the value stolen into another thief like itself, so that the value 
 stolen becomes like the thing that steals it — a thief. For in- 
 stance, in the above example, No. 1, on the ground of the cost 
 of its intrinsic value, takes value to the amount of one dollar, and 
 as the money-lender collects all costs in money, at the end of the 
 first ten, No. 1 adds to itself No. 2, so the value stolen becomes 
 like the thing that steals it — a thief. In the second ten, thief No. 1 
 steals a second time, value to the amount of one dollar, and con- 
 verts it into thief No. 3, and thief No. 2 steals value to the 
 amount of one dollar and converts it into thief No. 4. In the 
 third ten thief No. 1 steals value a third time to the amount of 
 one dollar and converts it into thief No. 5 ; thief No. 2 steals 
 value a second time and converts it into thief No. 6 ; thief No. 
 3 steals value and converts it into thief No. 7, and thief No. 4 
 steals value and converts it into thief No. 8. Now, this whole- 
 sale stealing, as indicated by the above figures, (and figures do 
 not lie) is evidently accomplished by the owner and lender of 
 the silver dollar using each of its distinct values at the same time, 
 he uses one to exchange all kinds of value, and uses the other, 
 its intrinsic value, to rob the values it exchanges — robs them by 
 taking from the values exchanged the cost of the intrinsic value 
 
4 2 
 
 of the silver dollar, and taking said cost from the values ex- 
 changed over and over again, an indefinite number of times, and 
 taking it in money so as to make the silver dollar increase in a 
 geometrical ratio, assuming said cost to be taken at the rate 
 above specified and compounding every twelve months. 
 
 Again, this stealing feature of the silver dollar makes it abso- 
 lutely certain that the words " thieves and robbers " used by the 
 Lord were applicable only to the money-changers in the temple, 
 and not to those that sold doves and sold oxen therein : for it is 
 recorded in John, chap. 2d., verses 14, 15 and 16, "That Jesus 
 found in the temple those that sold oxen and sheep and doves, 
 and the changers of money sitting: and when He had made a 
 scourge of small cords, He drove them all out of the temple, and 
 the sheep, and the oxen ; and poured out the changers' money ; 
 and said unto them that sold doves, take these things hence; 
 make not my Father's house a house of merchandise." 
 
 Then, it is evident that those who sold sheep and oxen also 
 made His house (since He said to Philip "he that hath seen me 
 hath seen the Fathet ") a house of merchandise. Again, in Mat- 
 thew, 21st chap., 12, 13 and 14 verses, we find these words: 
 " And Jesus went into the temple of God, and cast out all them 
 that sold and bought in the temple, and overthrew the tables of 
 the money-changers, and the seats of them that sold doves, and 
 said unto them, it is written that MY HOUSE shall be called 
 the house of prayer ; but ye have made it a den of thieves and 
 robbers." Hence, it is self-evident that since the men that sold 
 doves and sheep and oxen only made the temple a house of mer- 
 chandise, therefore, the money-changers who had money, and, 
 of course, to loan, made the temple a den of thieves and robbers. 
 
 It then being clearly and fully demonstrated that the exacting 
 of increase is an abominable kind of stealing, of which mankind 
 have been profoundly ignorant in the entire past, we propose, 
 therefore, to abandon it, by making paper money the money of 
 this country, and, to further this object, we propose the forma- 
 tion of a new party in this State of Virginia, to be called the 
 People's Party, with the motto : The Lord and the people 
 against the Devil and the money power. ~ We also propose 
 that this party be formed as soon as possible, and use all 
 means consistent with Christian principles to elect a governor, 
 upon the avowed principle that we do not owe and will not pay 
 another dollar to the bondholder in all those cases wherein the 
 debt is similar to the canal debt, because it has been clearly and 
 undeniably demonstrated within the pages of this little book that 
 the claims of the bondholders, with reference to the canal debt, 
 are null and void, because they have been paid fomteen millions 
 of dollars more than they were entitled to in the estimation of 
 
the Judge of the whole earth — the same principle to be applied 
 to all debts, public and private ; and we finally propose that the 
 people of these United States also form a People's Party, and 
 the great end of this party shall be to place in the Constitution 
 of these United States the six Divine civil laws given by the 
 Maker of the Universe to the Jewish nation while acting as their 
 Judge, Lawgiver and King. 
 
 LEWIS WARRINGTON CABELL, 
 
 Buckingham County, Va. 
 
 Address at present, Lynchburg, Va. 
 
LB.i'.. '03