Browsing By Tag "rate of interest"
First Study. Reaction Causes Revolution. 1. The Revolutionary Force It is an opinion generally held nowadays, among men of advanced views as well as among conservatives, that a revolution, boldly attacked at its incipiency, can be stopped, repressed, diverted or perverted; that only two things are needed for this, sagacity and power. One of the most thoughtful writers of today, M. Droz, of the Académie Francaise, has written a special account of the years of the reign of Louis XVI, during which, according to him, the Revolution might have been anticipated and prevented. And among the revolutionaries of the present, one of the most intelligent, Blanqui, is equally dominated by the idea that, given sufficient strength and skill, Power is able to lead the people whither it chooses, to crush the right, to bring to naught the spirit of revolution. The whole policy of the Tribune of Belle-Isle—I beg his...
The Power of Government Over Values. [Liberty, June 27, 1891.] To the Editor of Liberty:(72 ¶ 1) In reference to your remarks upon my recent contribution to the London Herald of Anarchy, dogmatism of manner must often be adopted to avoid verbosity; it is not necessarily an assumption of infallibility.(72 ¶ 2) The action of governments with regard to gold is not truly analogous in its economic effects to the prohibition of theatrical performances on Sunday. In the last-named case, or in any similar case which we may suppose, the effect is to diminish demand and to prolong or retard consumption. Thus, if we were proh...
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.)
Lysander Spooner, Poverty: Its Illegal Causes and Legal Cures. Boston: Bela Marsh, No. 25 Cornhill. 1846. CHAPTER 1: ILLEGAL CAUSES OF POVERTY The existing poverty would be rapidly removed, and future poverty almost entirely prevented, a more equal distribution of property than now exists accomplished, and the aggregate wealth of society greatly increased, if the principles of natural law, and of our national and state constitutions generally, were adhered to by the judiciary in their decisions in regard to contracts. These principles are violated by the judiciary in various ways, to wit: 1. In a manner to uphold arbitrary and unconstitutional statutes against freedom in banking, and freedom in the rate of interest; thus denying the natural and constitutional right of the people to make two classes of contracts, which will hereafter be shown to be of vital importance, both to the general increase and to the more equal di...