Politically, therefore, THAT question is Res Adjudicata, and must not be spoken of any more.
But when the corporations want financial legislation which will tend still further to make our National Treasury a huge Reservoir from which the National Banks and their allies can draw strength, support and profit—why, THEN, it is a matter of CURRENCY REFORM, and if Congress doesn’t give the Money Power everything it demands, the Country will go to the “demnition bow-wows.”
That’s how it is, my son.
The moguls of high finance declare that what our currency system needs is greater “elasticity.” The India rubber quality is wanting, it seems. The present system doesn’t stretch readily enough. The Moguls declare that the “rigidity” of the currency system threatens us with calamitous conditions at the prospect of which the imagination becomes exhausted and quits business.
Those two words, “elasticity” and “rigidity” are being featured in all the Mogul talk, all the Mogul papers—and are being dutifully repeated by all the Mogul Senators and Representatives.
***
Yet, there isn’t a particle of sound common sense in all this cant about elasticity and rigidity.
When the currency system of the body-politic is healthy and normal, there can be no question of elasticity and rigidity. Like the circulation of the blood in the human body, the circulation of money will take care of itself.
Once get the system right, and nature will do the rest.
If the Physician tells you that YOUR CIRCULATION IS BAD—you KNOW what that means.