1916 · PDF PAGE 2
A Prophet In His Own Country
opposite. Money appears to them the only thing of value, whereas in reality it has no value whatever. It is merely a convenient medium of exchange of commodities which have value. If it were not for this, the present system could never have been created. As things are, a piece of paper is just as good as a piece of gold; but, as everyone knows, even the financiers, ninety five per cent of the gold never existed. The possibility of calling for gold has so frightened those very people who have been screaming for years that gold was the only basis…
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