The independent. (Lincoln, Neb.) 1902-1907, October 08, 1903, Page 16, Image 16
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" 1 " 1 To the Farmers of Writers, who have failed to compre hend the facts regarding the so-called "Bank of Venice," have called these payments of taxes in advance, "de posits of metal," and have thereby confused themselves and their readers. There was no "deposit." The owners understood perfectly that the bullion would never be returned to mem. iw promise of its return was either ex piessed or implied. - On the contrary, all knew that the bullion was gathered for the sole pur pose of being sent into foreign land3 to be exchanged for the services and materials required to carry on the operations of the government. It is competent for a government to make .anything it may appoint to that office, a peremptory receipt by its ten de: against its own tax levies. Since eery litigant must submit himself to the jurisdiction of the court to which he appeals, as his only lawful means t j enforce collection of his claims, and accept what it decrees or nothing- it is likewise competent for govern ment to determine that the same thing it accepts as proof of payment against tax levies, shall be a like receipt by tender against all judgments, and pass to the creditor with that power. There is no force of demand? for coin, except that which is generated by the universal and urgent struggle among men for it, caused by statutes compelling its use by them as the sole means of . cancelling tax levies and judgments. Those "coins" Inscribed upon the books of the republic of Venice performed every function and office of metallic coin, better than ccins of metal ever had done Or can do. v ; . In fact, this system afforded to the business men of Venice and finally of thf- commercial world, the very con venience which we saw a while ago is" the sole benefit a bank of de posit and exchange can confer when well paid for it; and this service the government of Venice performed with vast advantage tc itself, not only with out expense to the people, but with out the possibility of loss to them, ex cept in its own complete overthrow. Anyone looking with the eyes of common sense can perceive that through its operations in the Chamber of Loans, the government of Venice was simply exercising the taxing pow er, by "coining" its "money," as a means of .anticipating the revenues of the- republic for future years. Instead of coining that money upon some pri vate favorites gold and giving It to him for nothing as has been the fraudulent habit in this country from the foundation of the government the Venetian government "coined" its money" upon Its own books in the Chamber of Lo: ns, and actually re ceived for the coin" thus inscribed the quantity of value t ere expressed in the metals, gold and silver, which commodities the government in turn exchanged for the serivces and ma te rials required in its operations. Had the United States kept for its own use ail the gold and silver bullion brought to its mint and given in jxchange pa per certificates bearing the same pow er that is stamped on American Eagles it would have done the same as the Vf nitians did. r This proceeding has been called a "forced loan;" and the officials who otganized the system, not fully under standing it themselves, appear to have thought of it at first as such, for they named the agency for carrying it out the "Chamber o Loans." and at first allowed a low rate of usury upon the quantity of value received. But possessed no element of a loan. There was no more expectation of repaymen than there was in the case of the collection of the tax in kino upon cot tor, and other articles in the southern states by the confederate, states gov ernment during thj civil war in this country. y The Venetian owners of gold and silver metal did not oeposit it as a lean, expecting that repayment would ever be made. They knew that the "money" inscribed or "coined" for their use, and placed to their credit upon the books of the republic, was all they would ever receive from the government in return for the metal delivered. But they quickly perceived that the "money" of Venice "coined upon those, books performed - every performed by any coin, with greater ecility than by use of any cumbrous metal. It speedily became apparent to all "enetians and mankind cannot too swiftly re-learn the fact that the quantity of valu- expressed in . "mon ey." upon the face of "coin," is not etermined by -the . quantity of the orce of demand for the material upon which it is stamped, as such ma terial; but that -c is determined abso- utely by the intensity .or languor or the force of demand for it as a per emptory receipt by Its tender, "in the public offices and in the courts," against tax levies and judgments. As those Venetian "coins," inscribed upon the paper books of the republic, performed every function of coins stamped upon disks of gold, and per- ormed those functions better than metallic coins could do, tftcjv were al ways at a premium over gold, and sil ver coins upon which was expressed a ike quantity, of value. In order to understand this, it is only necessary to remember always that a coin has no office and performs no functions, except that to which it :.s ar pointed by. the statute "in the pub ic offices and in the courts;" and that anything whatever empowered exclu sively to perfom this service is 'coin, and must feel the full strength of the force of demand generated by all tax levies, and judgments within the urisdlction that "coins" it. , There was no longer any. need for gold and silver, nor any competitive ?truggle for its possession among the citizens of Venice; ' ut those improved 'coins," written upon the books, per formed every function with far greater facility than metallic coins could do. Just as the Imperfect and clumsy, im plements of barbarians in other de partments of human activity are con stantly superseded by more perfect ap pliances, so wen cumbrous metallic disks, the "coins" of barbarians, dis placed and discredited by a better form of "coin." Gold and silver coin in Venice, like Othello upon the same spot, found its occupation gone." The government was able to us, as a commodity in exchange with S"-rounding barbarians, who knew no better, the entire quan tity of gold a-1 silver metal to be found in the republic: while at the iame time the ''ar superior Venetian money," - "coined upon books be longing to the government and not to a private person, performed with mch facility all the functions prev- ;ously performed by metallic coins, 'hat those "coins" of Venetian "mon ey" written in the books, were con tantly at a premium over metallic coins of like denominations during six hundred years: and so remained until fhe republic itself was destroyed by General Bonaparte at the end of the eighteenth century. I surmise, with out authority, that during this . time metallic coins were deprived of the power -of tender and were ..not exempt: from taxation or execution, as the coins upon the books were. The government in order to prevent further depreciation of gold and sil ver coin and to maintain their, price, stopped all usury upon the Venetian "money" coined upon it3 books. B'it even this could not prevent it from soaring to a -remium over the cum brous coin of savages, and a statute tad to be enacted fixing tne price of gold and silver. Even aided thus by statute, these two so-called "precious metals" stood during 600 years at a discount of 2 per cent in Venice, which during all that period of time re mained the clearing house of the world. " " . ' (Continued Next Week.) To Die of ParalysiS Lille Father. Helpless Invalid For Three Years. Dr. Miles' Nervine Mado , My Nerves Strong. For many years I suffered from terrir-i headaches and pains at the base of the brain, and finally got so bad that I was overcome with nervous prostration. I had frequent dizzy spells and was so weak and 'exhausted that I could take but little food. The best physicians told me I could n: t live; tl:at I would die of paralysis, as my father and grandfather had. I remained a helpless in valid for three years, when I heard of Dr. Miles' Restorative Nrrvine and began using it That winter I felt better than 1 had be fore in many years, and I Iv.ve not been troubled wi h those dreadful headaches since I first used Dr. Miles' Restorative Nervine My appetite is good and my nerves are strong. Mrs. N. M. Buckneil, 2929 Oak land Ave,, Minneapolis, Minn. "For many ye rs I suffered from nervous prostration, and could not direct my house nold affairs, nor have any cares. My stom ach - was very weak, headaches very se vere, and I was so nervous that there was not a night in years that I slept over one hour at a time. We spent hundreds of dol lars for doctors and medicine. I was taken to Chicago and treated by specialists, but received no benefit st all. Fina iy I heard of Dr. Miles' Nervine and began its use. I was surprised that it helped me so quickly, and great was my joy to find, tfter using seven bottles, that I had fully recover d ray health." Mrs. W. A. Thompson, Dulutn, Minn. . . All druggists sell and guaiantee first bot tie Dr. Mile ' Remedies. Send for free book 00 Nervous and H 'art Diseases. - Address Dr. Mdcs Medical Co., lilkhart, lad. , 55' You Ouetit to Read j . ; 3flmwkm Coopmtor, 32 pages every Saturday ; $1 a year; 3 months' trial subscrip tion zo cents; o cents a copy. aC, . It will appeal to you strong ly. It is a true advocate of the JjJ? '. coming co-operativo common- SJ wealth, championing only those reforms that are within the bounds of reason, r 3c To see what it is like send 5 cents for two back numbers. If Jp your order comes before the edition is exhausted one of these numbers will be the issu8 5 Of Sept. 26, which contains the article, "An Address to Ponu- 5 list.," by George II. Shib'ey, chairman National Federation 5? for Majority Rule. Zh Jlnttrican Coperator. Lewiston, Me. 5 tsamsra viniers , or. A History of Monetary Crimes, ' by Hon Alex. Del Mar, lormerly f". S. Commissioner ot Commerre find Nnvijjntion; member V. S. Monetary I'omniiHsion; mitrior ot "A History ol the Precious Metals," "History of Mouev." etc. Content: The Orinto ol ltitti: Silver:- The CoiniuK Mill ond Press Invented; Etist India Trade: Parbara VUllers, the King's Mistress; The Coinage Bill; Surrender ol the fkin npe Prerogative by Charles II; Bribery; Crime of 174"-?: Crime ol 1SKX. Crime of Wi); Crime ot 17X; .quitnble Money; Crime ol lono, ILl.i'STP ATED. Clotn, xvo., 71 CA M BRI IXJK tfS'CYCI.OPKlMA 1 1 5 rents TUB COMPANYiX Box 1G0, Madison Squure f . u.. rew rotK. 1K Nebraska: Do you know 5 that you can S: get elegant robes or coats made from the horse or cattle hides you ell to 3; ; local dealer? Write for particu- lars or send your hides to ' E THE LINCOLN JANNEBY, I Hanry Holm, Prop. 313-313 O Street. Lincoln, Nb. if SHIP YOUR HIDES. WOOLS AND FURS TO Thomas McCulloch. ESTABLISHED 1878. The oldest established hide house in Nebraska. Pays highest mrkt pricei. Makeo prompt returns. Write for prices and shipping tags. 91 j Q Street, Lincoln, Nebraska. . Hnrul 80 noirp farm for kh1p& Box 132 VesC Neb. V WANTED Peveral pcTsons ol rhnrnrlcr nd pood reputation in each state(onein this county required Mo represent and advertise old estab-' lished wealthy business house ot solid rhmneial stnmlir.g ."alnry $21.00 weekly with expenses additional, all payable in cash direct each Wednesdav from head offices. IJorse and rar ria?e lurn'ished when necessary. Reterenees, Enclose self-addressed envelope, Colouial, 332 Dearborn St., Chicago. WANTED CU A(reuU. Kwid, t lalle.emrKctlc men to Beit cur Iph rr.do 1 ine o 1 i:1i1rr.tlnfr ( tla, f;rrmH. 1 eltlUK, also 1 crf. Tarn an i ) onue 1 !nU, bite I ead, etc., either exc'.u&ivcly or a sldij Hue, U.c!ijr or travel Ing u con mission, specially to the 'j hresliinR ttnd tannert Trade. ddree l he JnOnMrlal I II & mpply Co., ( levelaua, Ohio. , . for your F.rm, Buainr.s. t-oroe or property of any kind no matter where located. If you desire a quick sale, send us description and price. Nor hwestern BrsiNrse Agkngy. No. 313 Bank ot Commerce Bldg Min neapolis, Minn. CASH Patronize or advertisers. t j f .' - . i -H (,- t J l ,.! - j I ,,, , ".' - t If