Browsing Revolt Library By Tag : bankruptcies

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These letters, addressed to Frederic Bastiat, an economist, originally appeared in a debate published in The Voice of the People, in 1849. Interest and Principal Arguments Drawn from the Operations of the Bank of France It is not true--and the facts just cited prove beyond a doubt that it is not--that the decrease of interest is proportional to the increase of capital. Between the price of merchandise and interest of capital there is not the least analogy; the laws governing their fluctuations are not the same; and all your dinning of the last six weeks in relation to capital and interest has been utterly devoid of sense. The universal custom of banks and the common sense of the people give you the lie on all these points in a most humiliat... (From : Anarchy Archives.)


This work is part of the International Institute for Social History's collection and appears in Anarchy Archives with ISSH's permission. TO THE PUBLIC. THE AMERICAN LETTER MAIL COMPANY present the following exposition of the grounds on which they assert their right to establish mails and postoffices, in competition with those of Congress. If the public are satisfied of the correctness of the principle, the Company ask their patronage to enable them to sustain it. CONTENTS. 1. Argument. 2. Review of the Postmaster General's Argument. UNCONSTITUTIONALITY OF THE LAWS OF CONGRESS, PROHIBITING PRIVATE MAILS. ARGUMENT. Of the following propositions, almost any one of them is sufficient, I apprehend, to prove the unconstitutionality of all laws pr... (From : Anarchy Archives.)

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