Even our present system would work splendidly if all men were
honest. As a matter of fact, the whole money question is 95 per cent.
human nature; and your successful system must check human nature, not
depend upon it.
The people are thinking about the money question; and if the money
masters have any information which they think the people ought to have
to prevent them going astray, now is the time to give it. The days are
fast slipping away when the fear of credit curtailment will avail, or
when wordy slogans will affright. The people are naturally conservative.
They are more conservative than the financiers. Those who believe that
the people are so easily led that they would permit printing presses to
run off money like milk tickets do not understand them. It is the innate
conservation of the people that has kept our money good in spite of the
fantastic tricks which the financiers play--and which they cover up with
high technical terms.
The people are on the side of sound money. They are so unalterably on
the side of sound money that it is a serious question how they would
regard the system under which they live, if they once knew what the
initiated can do with it.
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