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To the memory of my father, who died as he had lived, unafraid; to my mother, for her infinite loyalty and patience . . . To the pioneer builders of our union, whose vision and idealism inspired me; to the victims of the Triangle fire, whose martyrdom aroused me; to the shirtwaist makers and dressmakers, whose unselfish devotion lighted my path; and to those organized working men and women in America who battle for a place in the sun for all their kind -- This book is dedicated...


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.)


1. THE ROBBERY of LAND AND ITS EFFECTS-(continued). We have seen how the working men and women of England were driven off the soil by the greed of the rich and idle. The desire to secure their ill-gained possessions led the robbers to spare no pains to crush out the sturdy self-respect and self-reliance of the people they had wronged. It is startling to find how large a part of The public activity of the upper classes has been directly devoted to breaking the spirit of the poor and degrading them into the position of wage-slaves, wholly dependent on the owners of land and capital. In the earlier days of land-grabbing, the law, always a whip by means of which the rich lash the poor into subjection, empowered Justices of the Peace to settle h... (From : AnarchyArchives.)


Strikes are a most characteristic form of the struggle between labor and capital in the present century. Their history is important as reflecting all the chief changes that take place from time to time in the political and economic relations between the opposing classes. This history clearly shows a decided tendency to enlarge the field of action and resort to more and more decisive means. At first strikes were sometimes secretly incited by rival manufacturers and traders to injure some competitor whom they feared. Or, if not deliberately incited, they were taken advantage of by rival competitors. The strikers were not alone in the field, and this caused a strike to be dreaded by the masters. They never knew who was at the back of it, or wh... (From : AnarchyArchives.)


The spectacle presented at this moment by Europe is deplorable enough but withal particularly instructive. On the one hand, diplomatists and courtiers hurrying hither and thither with the increased activity which displays itself whenever the air of our old continent begins to smell of powder. Alliances are being made and unmade, with much chaffering over the amount of human cattle that shall form the price of the bargain. "So many million head on condition of your house supporting ours; so many acres to feed them, such and such seaports for the export of their wool." Each plotting to overreach his rivals in the market. That is what in political jargon is known as diplomacy. [NOTE. -- While it will be understood that the political situation ... (From : Anarchy Archives.)


I. INDUSTRIAL COMPETITION In 1883, when England, Germany, Austria, and Romania, taking advantage of the isolation of France, leagued themselves against Russia, and a terrible European war was about to blaze forth, we pointed out in the Révolté what were the real motives for rivalry among States and the wars resulting therefrom. The reason for modern war is always the competition for markets and the right to exploit nations backward in industry. In Europe we no longer fight for the honor of kings. Armies are pitted against each other that the revenues of Messrs. Almighty Rothschild, of Schneider, of the Most Worshipful Company of Anzin, or of the most Holy Catholic Bank of Rome may remain unimpaired. Kings are no longer of any ... (From : Anarchy Archives.)

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