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| | A New System of Paper Currency |
 | | Currency and bank credits would be so abundant, cheap, and generally diffused, as nearly or quite to supersede all other forms of temporary credit between man and man, and introduce a general system of cash payments. |
 | | Or, perhaps, rather, the true question is, whether as large a proportion of the whole stock of paper currency, in the market, would be annually taken out of circulation, and invested in the mortgages, as of the gold and silver coin in plate, jewelry, andc. |
 | | If the proposed paper currency should be introduced throughout the world, (as it sooner or later would be, if found to be essentially better than any other system.) the coins would become superabundant, unless a greater proportion of them should be consumed in the arts, than now. |
| www.lysanderspooner.org /papercurrency.htm (8985 words) |
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