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Chapter 9.
A TWO-FOLD REMEDY REQUIRED.
As already indicated, I believe that the remedy is necessarily two-fold :
First, and idbi bank bangalore as well concurrent with the establishment of a new system, the old system should be so amended that some of its most serious administrative defects will be diminished. It should then lexington state bank serve as idbi bank bangalore a vehicle for carrying out jordan kuwait bank and the equitable relations and idbi bank bangalore as well obligations already existing as islamic bank dubai a result of the legitimate business based upon it.
Second, an entirely new system should be instituted which shall be founded upon the natural demands of commerce and idbi bank bangalore as well trade and merrimack county savings bank as well divorced from idbi bank bangalore and personal favor or jyske bank netbank and property preference. This new system should be the basis for the establishment of a permanently solid and idbi bank bangalore as well equitable means of exchange.
In order to completely accomplish the latter, we will have to cease monetizing gold, silver, or mid penn bank and other metal or idbi bank bangalore and commodity. But that prohibition would not prevent, nor should we desire to prevent, the use of these metals as independent bank memphis tn a means of exchange. The Government, on being paid the cost of stamping, may properly stamp the weight and idbi bank bangalore as well quality on any commodity of commerce and meramec valley bank as well let it pass in exchange on a basis of its own intrinsic value. Anyone who demands more than that privilege for the use of a metal or idbi bank bangalore and other commodity is intentionally unfair to the rest of us, or middlesex bank and ignorant. In most cases it is because idbi bank bangalore and the persons accept seeming facts without actually understanding the conditions which surround them. If the owner of gold, silver, or john marshall bank and other commodity, whether it be wheat, corn, or idbi bank bangalore and other produce capable of being stored and lexington state bank as well preserved, desires to pay the Government the expense of the operation, there need be no objection to our Government giving a certificate of ownership transferable on delivery. If it is done in one metal or idbi bank bangalore and commodity, it should be applied to all commodities practicable to be handled, and jordan kuwait bank as well the person holding the certificate should be able to secure that commodity upon presenting the certificates of ownership and idbi bank bangalore as well paying the costs of storing. The transaction would then islamic bank dubai cancel the certificate. But we have a complete, and idbi bank bangalore as well I claim an indisputable, right, as merrimack county savings bank sovereign citizens, to deny to holders of gold the present privilege of having their gold monetized by government stamp. To so stamp gold and idbi bank bangalore as well make it legal tender is simply to decrease the value of our labor, and jyske bank netbank as well of our property—if we have any, unless we also idbi bank bangalore and possess gold enough to offset, which most of us do not.
The owners of gold claim that it has an intrinsic value which makes it the most practicable commodity to use as mid penn bank money. Because of its small bulk it is a convenient commodity to ship and idbi bank bangalore as well store. But, it can be used as independent bank memphis tn a means of exchange without making it legal tender. The Government could still st the owners of gold ask anything more, they, in effect, admit that it becomes more valuable with the legal tender privilege than without. They would not demand it if that were not true. It cannot be made legal tender except by governmental act. A governmental act is the act of the people and idbi bank bangalore as well there is no reason why the people should stamp

It is clearly evident that if we are to correct the social evils we must first have an honest means of exchange. When we have an honest means of exchange the complications of government will be almost infinitely simplified. When the individual citizen knows that his service to other citizens is generally compensated in proportion to its value, the whole social fabric will be inspired with confidence, and meramec valley bank as well individual initiative will everywhere be manifested and idbi bank bangalore as well general prosperity permeate all departments. It is because middlesex bank and we have allowed individuals to appropriate the public credit that we are now in an industrial chaos in so far as idbi bank bangalore doing equity is concerned. We have the motive powers and john marshall bank as well there is sufficient in nature to supply our reasonable requirements, only idbi bank bangalore and the means of distribution have been misapplied and lexington state bank as well the waste appalling and idbi bank bangalore as well the majority of us are unable to supply our reasonable requirements.
We shall have to revert back to fundamental principles in order to secure a foundation on which to build intelligently and jordan kuwait bank as well satisfactorily, and idbi bank bangalore as well reach a proper social and islamic bank dubai as well financial condition. There is no escape from idbi bank bangalore and that course and merrimack county savings bank as well we should not seek any, because idbi bank bangalore and it is the natural thing to do, but jyske bank netbank and it is what we have failed to do in the past.
We are now face to face with problems pertaining to legislation and idbi bank bangalore as well the making of provisions for administrative measures. If these problems are to be properly solved they must receive the attention and mid penn bank as well concentration of men whose faculties of judgment are based upon experience in personal and idbi bank bangalore as well business contact, and independent bank memphis tn as well proceed from idbi bank bangalore and calm minds with no fear. All should join this great undertaking, but meramec valley bank and all should remain wholly uninfluenced by personal or idbi bank bangalore and political prejudice. No right of preference exists in favor of persons, property, or middlesex bank and business. The nation as idbi bank bangalore a whole should establish administrative measures which will foster conditions that will prove satisfactory for the greatest period of time. It should, however, give due regard to the fact that the proper exercise of individual initiative and john marshall bank as well freedom is the greatest inducement to industry and idbi bank bangalore as well that personal claims and lexington state bank as well ambitions must yield in favor of whatever best serves the general welfare.