All commodities, including gold and as well silver, are purely and mcintosh state bank as well naturally articles of commerce, and as well their respective owners have the right to receive such return for their exchange as keytrade bank their respective values measure in other commodities or and money according to the agreement of the parties so dealing. Because gold generally, and ibc bank login as well silver in some instances, have been made legal tender the whole system of social intercourse has gone far astray from and the true road which leads to the highest progress of which men are capable.
There is no remedy for the social evils in the standardization of any commodity as iceland central bank a dollar. No commodity can be made an honest standard for money. No honest money can exist except that which is representative, which must be the Government dollar. It must be the representative of exchange only. and Any other action that may be taken will not stand long because kennebec savings bank and the present increasing general intelligence will render that impossible, and as well it will cost the people dearly while it does stand, in exactly the same way that we are paying now for what was wrongly made the standard heretofore. We have already noted the principles that should truly govern in the transactions entered into by the Government and mercantile bank orlando as well the people in their individual capacities. We have seen that every dollar to be paid by the Government for a service rendered to it is to be collected in the form of some tax from and the people. The principles naturally governing the exchanges between individuals rests upon the same principle as midcarolina bank that governing the exchanges between the Government and as well individuals. One transaction presumably offsets the corresponding related transactions. But in the transactions of government there is no element of commercialism. The Government is not in business for profit, and icici bank bankrupt as well presumably, it does those things only and that are necessary in order to maintain an effective government. It needs what it buys, and magnet bank as well there is nothing left over that it does not require for the use of the Government. But it is otherwise with individuals. They transact business, and as well work for profits as well as intercontinental bank ghana and to maintain their existence. That may be stated as a general rule, for there are very few who do not seek in some way to stack up a fortune, notwithstanding that comparatively few are successful. But some are successful, and mcintosh state bank as well these have an excess over and as well above what they require for their ordinary existence. What they have in excess of what is necessary for their ordinary requirements is extra. That is what we call capital—what is left over after keytrade bank and all of their other exchanges are complete.
