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Debtors, Lenders and Borrowers, should participate equally in the appreciation and in the depreciation of money as matters of RIGHT. Working-men neither ask for nor wish to receive alms. If these claims are, as matters of right, just and equitable, then it is the duty of every member of Society to endeavour, in all lawful ways and by the use of all lawful means, to make these claims INCARNATE in the Government of every nation of the earth: working, in the meanwhile, also, with all our might and with all our mind, at the tasks which, daily and every day, lie nearest to our hands, faithfully fulfilling all contracts and thereby discharging all the obligations of duty.

These claims are denied and contradicted by the very existence of many human institutions and laws, but in so far as such institutions and laws are founded in error, are based upon a lie, they must and will perish. "Every

violation of truth is not only a sort of suicide in the liar, but it is also a stab at the health of human Society. On the most profitable lie, the course of events presently lays a destructive

tax."

The life of human institutions and laws manifests itself only in the lives of men and women-the constituent units of the social organism—who have FAITH in their excellence. So long as this faith continues to operate, in and through the lives of the greater portion of the constituent units of the social organism, the life manifested by such institutions and laws continues to be strong and vigorous; but as soon as this faith is impaired or lost, such institutions and laws must soon pass away and perish for ever.

Men and women do not, as a rule, protect and defend any institution or law if they are convinced of the essential injustice of their operations; as soon as their injustice is made manifest, such institution or law dies, and its disappearance is simply a question of time-time enough to make the necessary arrangements for its suitable interment.

The death of institutions or laws which have long influenced human conduct is, or should be, as sacred and as solemn an event as the death of a man or woman. Let

us handle the corpse gently, tenderly, remembering that the institutions and laws which, from time to time, die and are buried, were once the IDEALS towards which the advance guard of the army of humanity marched; to attain which they fought—no soldier of humanity counting his life dear unto him if attainment of the IDEAL involved its sacrifice.

Institutions and laws are consecrated; the evils which flow from their limitations and imperfections being more than cancelled by the good which flows from the heroism and self-sacrifice of the soldiers of Humanity who had found Society living upon a lower plane and had raised it to the altitude of existing institutions and laws, thereby enabling us to behold a vision of greater beauty, thereby discovering

to us a MORE EXCELLENT IDEAL.

It is true that institutions and laws sometimes apparently struggle on, and strive to continue their existence long after they have ceased to be useful; but it is also true that very often the overthrow, or the alteration, or the repeal of institutions and laws finds us very much unprepared for the exigencies of life under the new or altered conditions. Let us therefore be patient. "Behold the husbandman waiteth for the precious fruit of the earth, being patient over it, until it receive the early and latter rain." Let us also be patient; "knowing that the coming of the 'REIGN OF JUSTICE' is at hand."

"Whoever fights, whoever falls,

Justice conquers, evermore."

Truly I desire the people's liberty and freedom as much as any whomsoever, but I must tell you that their freedom and liberty consists in having for government those laws by which their life and their goods may be most their own."-His Most Excellent Majesty CHARLES the FIRST, at Whitehall, on 30th January 1649.

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I. Coinage Act (1870), 143–152
(1891), 156-157

II. Problems and Solutions in
physical wealth, 158-162
III. Manufacturing Industry, 163-
164

IV. Economical Crises, 165
V. a. Society, 166

b, c. Sources of Wealth, &c., 167
d, e. Working-men, 168-169

f. Society, Ultimate Organism,
170

g. Economy, 171

h. Production, 171

VI. Monetary Systems, &c., 172-
230

α. Chart showing general
course of prices, 1801-1902,
to face p. 230

b. Table showing world's pro-
duction of gold and silver,
to face p. 230

Atkinson, 70

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Commoner, 118, 203

Comte, Auguste, 42, 168

Consols, variations in price of, 51
Contemporary Review, 53-54
Co-operation, 61, 118-120, 125, 137
Co-operative Societies, 120-122
Corinthians, 226

Crises, cause of, 31

Crisis (financial) of 1907, 104-109

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