Another Answer to Mr. Babcock [Liberty, November 12, 1881.] Mr. Tucker:(59 ¶ 1) In your issue of October 15, I notice a question by J. M. L. Babcock, and, although you have answered it, yet I beg to give my answer. The question is this: Is a man who loans a plow entitled in equity to compensation for its use? My answer is, Yes. Now, then, what of it? Does that make something for nothing right? Let us see. We must take it for granted that the loaning of the plow was a good business transaction. Such being the case, the man who borrows the plow must give good security that he will return the plow and pay for what he wears out. He must have the wealth or the credit to make the owner of...
A NEW BANKING SYSTEM THE NEEDFUL CAPITAL FOR REBUILDING THE BURNT DISTRICT By LYSADNER SPOONER. BOSTON: SOLD BY A. WILLIAMS & CO. 135 WASHINGTON SREET 1873 Entered according to Act of Congress, in the year 1873, By LYSANDER SPOONER, In the office of the Librarian of Congress, at Washington. Printed by WARREN RICHARDSON, 112 Washington St. C O N T E N T S. CHAPTER I. A New Banking System CHAPTER II. Specie Payments CHAPTER III. No Inflation Prices CHAPTER IV. Security of the System CHAPTER V. The System as a Credit System CHAPTER VI. Amount of Currency Needed CHAPTER VII. Importance of the System to Massachusetts, CHAPTER VIII. The True Character of the "National" System CHAPTER IX. Amasa Walker's Opinion of the Aut... (From : Anarchy Archives.)