The True Greenback: Or the Way to Pay the National Debt Without Taxes, and Emancipate Labor |
From inside the book
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Page 9
... twelve per cent . is more valuable than one that can be loaned for but six per cent . The value of money as much depends upon its legal power to be loaned for an income , as the value of the farm and horse does upon their natural power ...
... twelve per cent . is more valuable than one that can be loaned for but six per cent . The value of money as much depends upon its legal power to be loaned for an income , as the value of the farm and horse does upon their natural power ...
Page 17
... twelve per cent . of the present value of all the property of the nation . annum . The population has in the past increased at the rate of three per cent . per Should this rate of increase continue for the next fifty years , it would be ...
... twelve per cent . of the present value of all the property of the nation . annum . The population has in the past increased at the rate of three per cent . per Should this rate of increase continue for the next fifty years , it would be ...
Page 18
... twelve dollars per capita . At nine per cent . , the amount would be one hundred and eighty - six billion one hundred and seventy - two million dollars , ( $ 186,172,000,000 , ) or eighty - one billion four hundred and forty - six ...
... twelve dollars per capita . At nine per cent . , the amount would be one hundred and eighty - six billion one hundred and seventy - two million dollars , ( $ 186,172,000,000 , ) or eighty - one billion four hundred and forty - six ...
Page 19
... twelve billion six hundred million dollars ( $ 12,600,000,000 ) of it is owned by the capitalists who rent or loan it to the producing classes . The other forty per cent . , or eight billion four hundred million dollars ...
... twelve billion six hundred million dollars ( $ 12,600,000,000 ) of it is owned by the capitalists who rent or loan it to the producing classes . The other forty per cent . , or eight billion four hundred million dollars ...
Page 20
... twelve billion two hundred and sixteen million dollars , ( $ 12,216,000,000 , ) or forty - two per cent . of the national wealth . At four per cent , capital would own eighteen billion six hundred and fifty - one million dollars ...
... twelve billion two hundred and sixteen million dollars , ( $ 12,216,000,000 , ) or forty - two per cent . of the national wealth . At four per cent , capital would own eighteen billion six hundred and fifty - one million dollars ...
Other editions - View all
The True Greenback: Or the Way to Pay the National Debt Without Taxes, and ... No preview available - 2020 |
The True Greenback, Or the Way to Pay the National Debt: Without Taxes, and ... A. Campbell No preview available - 2017 |
The True Greenback; Or the Way to Pay the National Debt Without Taxes, and ... Alexander Campbell No preview available - 2013 |
Common terms and phrases
amount annum banking association billion eight hundred billion four hundred billion one hundred billion six hundred billion two hundred bondholders capital and labor capital's share capitalists circulating notes coin Congress continental currency distribution dollars per capita eight per cent equal exchange five hundred million five hundred thousand five per cent gold government bonds government securities hundred and thirty-three hundred million dollars hundred thousand dollars increase industrial classes interest on money interest-bearing bonds issued labor between non-producing lawful money legal tender million five hundred million three hundred monetary system national debt national wealth non-producing capital one-ninth per cent one-third per cent payment power of money present principle producing classes productive industry products of labor rate of interest render six hundred million six per cent sixty million dollars surplus products tax-payers taxes three and one-third three per cent Treasury certificates twelve billion six twenty United value of money wealth-producing classes
Popular passages
Page 4 - In order to furnish suitable notes for circulation as Federal Reserve notes, the Comptroller of the Currency shall, under the direction of the Secretary of the Treasury...
Page 42 - ... shall be exempt from all taxes or duties of the United States, as well as from taxation in any form by or under State, municipal, or local authority...
Page 4 - An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof...
Page 3 - ... receivable in payment of all taxes, internal duties, excises, debts and demands of every kind due to the United States, except duties on imports, and of all claims and demands against the United States of every kind whatsoever, except for interest upon bonds and notes, which shall be paid in coin, and shall also be lawful money and a legal tender in payment of all debts, public and private, within the United States, except duties on imports and interest as aforesaid.
Page 31 - We hold that this can be effected by the issue of treasury notes made a legal tender in the payment of all debts, public and private, and convertible, at the option of the holder, into government bonds, bearing a just rate of interest, sufficiently below the rate of...
Page 4 - An act to authorize the issue of United States notes and for the redemption or funding thereof, and for funding the floating debt of the United States...
Page 30 - So the first man who ever imbibed or conceived the fatal delusion that it was more advantageous to him, or to any human being, to procure whatever his necessities or his appetites required by address and scheming than by honest work — by the unrequited rather than the fairly and faithfully recompensed toil of his...
Page 5 - States legal tender notes. And when any of said notes may be redeemed or be received into the Treasury under any law from any source whatever and shall belong to the United States, they shall not be retired...
Page 20 - ... reverse the course of the rivers, and make them run to the tops of the mountains, and pile up the waters on their summits. The law of gravitation, in the latter case, would not be more sure to overpower all their labor, and frustrate all their plans, than the present governing power of the interest on money is sure to gather up the increased production and add it to the wealth of capitalists.
Page 3 - Minister, after the amount at the credit of such bank in the Circulation Fund, and all interest due or accruing due thereon, has been exhausted, shall bear interest, at the rate of three per centum per annum, from the time such notes and interest are paid until such notes and interest are repaid to the Minister by or out of the assets of such bank.