392 PAPER MONEY AND A PROTECTIVE TARIFF. 



over their heads in widowhood, and which will honorably secure 

 the single woman from the temptations of dependence. What 

 is true of employments related to agriculture is equally true of 

 the adaptation of many in the mechanical range, which, under 

 a wise re-distribution of labor, would naturally be assigned to 

 women. A paying knowledge of drawing, painting, engraving, 

 of photography and stenography, and of telegraphy, will be 

 given to &quot; our girls &quot; in the College of Mechanic Arts whenever 

 the true design of the Congressional endowment is realized. 



CHAPTER XXVIII. 



PAPER MONEY AND A PROTECTIVE TARIFF. 



&quot;I do hereby invite all farmers east and west, all Grangers north and south, and all other true 

 men, to unite with me in raising a cry that shall pierce the dulled ears of our rulers an honest 

 cry for an honest dollar.&quot; Professor A. L. Perry, before Nebraska Agricultural Society. 



FALSE LIGHTS GENERAL PBINCIPLES WHAT CURRENCY is LEGISLATION RE- 

 QUIEED PEOFESSOB PERRY S VIEWS DIALOGUE BETWEEN BONAMY PEICE 

 AND THE NEW YORK CAPITALISTS ORIGIN or TARIFFS EFFECTS. OF PROTEC 

 TION UPON AGRICULTURAL INDUSTRY TARIFFS TAKE BUT NEVEK GIVE. 



A TRUE, clear and comprehensive definition of the terms in 

 daily use, in which the various relations of money are con 

 sidered, is the first step toward an understanding of the many 

 problems connected with our system of finance. 



We have brought together, in this chapter, several of the 

 most recent and pertinent discussions upon our currency, and 

 nearly related subjects. Many of our writers upon political 

 economy are more like astrologers, than astronomers or teach 

 ers of true science; they are seeking for a philosopher s stone, 

 which will transmute not only the baser metals, but rags into 

 gold. We have endeavored to make such selections from emi 

 nent authorities as shall least confuse the mind of the reader. 



Mr. Charles Sears lays down the following propositions con 

 cerning money: 



Material wealth is a symbol of social power. Equitable distribu 

 tion of wealth through equivalent exchange is evidence of social 

 health. Equivalent exchange is the natural law of exchange and is 

 essential to the permanence of society. Money is a representative 

 sign of wealth a symbol of common title by which ownership of 

 property is transferred. It is evidence of property; the equivalent 

 of exchange. Therefore, the true basis of monetary issue is property; 



