Free Banking Excerpted from the book; Individual Liberty Selections From the Writings of Benjamin R. Tucker Vanguard Press, New York, 1926 Kraus Reprint Co., Millwood, NY, 1973. In 1889, Mr. Hugo Bilgram first published his "Involuntary Idleness," which Mr. Tucker characterized as the most important book of the generation. But, while admiring the author's examination of the relation between unemployment and interest on money, and while agreeing with his conclusion that "an expansion of the volume of money, by extending the issue of credit money, will prevent business stagnation and involuntary idleness," the editor of Liberty had one substantial disagreement with Mr. Bilgram, which he stated thus: When Mr. Bilgram proposes that the government shall carry on (and presumably monopolize, though this is not clearly stated) the business of issui...
The last students' disturbances in Russia were quite different from all the disturbances which have taken place in the Russian universities for the last forty years. They began, as all students' movements begin, with an insignificant incident, which concerned the students alone; but, owing to a series of circumstances quite peculiar to Russia, they took, all of a sudden, a political complexion; and in this respect they acquired such a significance that they will now count in the history of the constitutional movement in Russia as an important milestone. Consequently it is impossible to speak of the last events without going deeper than their surface — that is, without touching upon the general problem of education in Russia, and witho... (From : Anarchy Archives.)
Again there are murders, again disturbances and slaughter in the streets, again we shall have executions, terror, false accusations, threats and anger on the one side; and hatred, thirst for vengeance, and readiness for self-sacrifice, on the other. Again all Russians are divided into two hostile camps, and are committing and preparing to commit the greatest crimes. Very possibly the disturbances that have now broken out may be suppressed, though it is also possible that the troops of soldiers and of police, on whom the Government place such reliance, may realize that they are being called on to commit the terrible crime of fratricide-and may refuse to obey. But even if the present disturbance is suppressed, it will not be extinguished, but... (From : Anarchy Archives.)