#NowReading History of Monetary Systems by Alexander del Mar
#OldBookClub
“In the great states of antiquity money was a pillar of the constitution. In the republics of Greece and Rome it was a social instrument, designed, limited, stamped, issued, and made current by the State,—in short, invented, owned, and regulated by the State.”
Alexander del Mar
Alexander del Mar
Alexander del Mar
Alexander del Mar
“Upon [Roman coins] were stamped the story of its miraculous origin, the images of its gods, demi-gods and heroes, the symbols of its religion, the spirit of its laws, and the dates of its most glorious achievements. All these now threatened to disappear in the melting-pot.”
“[M]onuments had come to be regarded only as so much bullion, and every provincial governor or barbarian king would be tempted to reduce them to metal, in order that, upon recoining them, his own upstart image might shine in the glass that had once reflected a Romulus, a Caesar”
Alexander del Mar
Alexander del Mar
The Pine Tree shilling 🌲
Alexander del Mar
Alexander del Mar
Alexander del Mar
Alexander del Mar
“The supreme right of coinage, which previously was always wielded and but rarely abused by the Basileus, was now both exercised and abused by every petty prince in Europe.”
Alexander Del Mar
“Thousands of millions of worthless notes have been issued, and the entire products of industry have been seized and perverted to the enrichment of a class, who know only how to scheme, to undermine, and to appropriate the earnings of mankind.”
Alexander del Mar
“Writing in 1776, Adam Smith was at great pains to inform us what a strong institution was the ‘burghers,’ Bank of Amsterdam… In 1790, [when] the French again invaded Holland, they found the bank empty and insolvent.”
Alexander del Mar
Alexander del Mar
Alexander del Mar
Alexander Del Mar writing in 1895
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"Since Jews were not allowed to rent, they bought Lawndale--block by block--and they were thrilled to be able, for the first time, to do so. Their focus on acquiring real estate bordered on the obsessive and would play a major role in the success of the Supermob." --Gus Russo
Jefferson’s Secretary of State James Madison in 1803:
“Notwithstanding the just repugnance of this country to a coalition of any sort with the belligerent politics of Europe the advantages to be derived from the cooperation of Great Britain in a war of the United States at this period against France and her allies are too obvious and too important to be renounced…
“It is equally probable that a stipulation of commercial advantages in the Mississippi beyond those secured by existing treaty will be required. On this point it may be answered at once that Great Britain shall enjoy a free trade with all the ports to be acquired by the United States on the terms allowed to the most favored nation in the ports generally of the United States. If made an essential condition you may admit that in the ports to be acquired within the Mississippi the trade of her subjects shall be on the same footing for a term of about ten years with that of our own citizens.” founders.archives.gov/documents/Madi…
In 1800s Virginia, a bad system of agriculture and the force of habit prevented material improvement. Wealth was measured in land and African slaves. The land was poor and the slaves were wretched.
George Washington wouldn’t induce anybody to live in the southernmost states. Travelers observed the diverse culture of North Carolina with curiosity.
The bluff from Muh Values Republicans is that nobody will ever actually dare to trace the core ideals of our nation back to George Washington, where their political philosophy is clearly rebuked and rejected anyway.
You can know that Jeffersonian newspaper propaganda wasn’t the wellspring of original American ideals because of chronology and the prefix in the name “Antifederalist” alone. It’s not rocket science.
Since the first administration under the Constitution, democracy lovers have consistently undermined the American national project by flattering humanity as naturally good and then promising wondrous moral effects from individuals having the liberty to pursue their inclinations.
going to read some Othmar Spann and tell you what I find
justification of the seamy side of capitalism with inevitable defects
Socialist thinkers infered a communistic society from these evils
But in Germany another trend became manifest. Economists turned away from atomist and mechanist view towards an organic conception of society
Fichte left moral self-determination intact; but human beings, epistemologically considered, had become for him no longer individuals; they were members of an aggregate, parts of an organism established upon the principle of spiritual reciprocity