GOVERNMENT CONTROL OF MONEY. 271 



What are the special advantages of the proposed plan ? 



First, It would dethrone the money power and make panics impos- 

 sible. 



Second, It would add twenty-five per cent to the value of all com- 

 modities in general use, farm products and manufactured goods more 

 particularly. 



Third, It would save to their owners the homes of a million families 

 within ten years. 



Fourth, It would afford a good investment for persons of small means. 



Fifth, It would force money into circulation and keep it there. 



Sixth, It would aid poor people to obtain homes on the public lands. 



Seventh, It would encourage the organization of building associations, 

 securing homes for mechanics and other persons of limited means in 

 cities. 



Eighth, It would bring banking privileges ck)se to the people. 



Ninth, It would afford a ready means of relief to farmers who wish 

 to hold their crops a few months; elevator and warehouse receipts 

 would secure money at low rates on short time. 



Tenth, A complete record of private mortgages would be kept. 



Eleventh, It would establish a monetary system that with little 

 change, and that to simplify it and lessen the cost, would be perma- 

 nently satisfactory to the people. 



