Search: The Web or BeYoND-THe-iLLuSioN Only 
Date: Fri, 2 Aug 1996 07:18:02 -0400 (EDT)
From: Lloyd Miller 
To: New Paradigms Discussion List 
Cc: A-albionic Weekly Up-date 
Newsgroups: alt.conspiracy, alt.politics.libertarian, alt.politics.economics,
    alt.politics.usa.constitution
Subject: Coin's Financial School--Fountainhead of Populism

A-albionic Research Weekly Up-date of 08-02-96


Here is something I picked-up in a NewsGroup...and I added the A-albionic
Catalog Annotation at the end:
        [James D. apparently never published this...I found it in the
         archive, unsent -- Lloyd Miller]

Throughout the late nineteenth century the
nature of the American financial structure was
the subject of contentious debate. By the 1890s,
gold-based and silver-based currency
represented distinct political as well as monetary
philosophies. The Coinage Act of 1873
introduced a currency based on gold alone. The
Sherman Silver Purchase Act of 1890 restored
limited bimetallism, but was repealed owing to
the erosion of Treasury funds after the crash of
June 1893. By mid-1894 the American economy
was in deep depression, and calls for some kind
of monetary inflation mounted. In the midst of
unprecedented social strife, William Hope
Harvey published Coin's Financial School. It
quickly became the quintessential expression of
the free-silver philosophy.

Capitalizing on rural distrust of the urban
East and of British monetary power, Harvey
denounced attempts to restrict bimetallism as a
conspiracy against farmers and debtors. Such
attempts, he charged, were designed to enrich
eastern financiers controlled by London. The
appeal of the book lay in its simple, accessible
style and its graphic cartoons. The eponymous
hero, youthful and uncorrupted, lectured
financiers and politicians, many of them real-life
figures, on the errors of their ways. The
depression, he argued, was caused by reliance
on gold monometallism, which restricted the
money supply and lowered prices. Free and
unlimited coinage of silver was the only solution.
Printed in cheap paper editions, Coin's
Financial School quickly sold a million copies.
Without it, William Jennings Bryan could never
have struck so receptive a chord in his Cross of
Gold speech in 1896.

Coin's Financial School
^
by William H. Harvey--Edited by Richard Hofstader
1895 pp 0252 hc/pb Paperback Reprint price $12.00

Harvey's textbook of populist economics by which he condemned the British
manipulated "gold standard" and advocated the silver standard. Includes a
scurrilous attack by Richard Hofstadter as an introduction which attempts
to discredit the well proven idea that the Bank of England was behind the
de-monetization of silver in America, "The Crime of (18)'73"  Hofstader
underlined the importance of Harvey's book for the Project theory,
however:  "The climactic passage...occurs in "Coin's" sixth and last
lecture in which he spells out defiance of English power.  Here he urges
that the experiment of monetary independence (silver standard) be tried,
and that if the argument of t he internationalists should prove correct,
one should not capitulate to gold but wage war: 'If it is true, let us
attach England to the United States and blot out her name from among the
nations of the earth...a war with England would be the most popular ever
waged on the face of the Earth and also the most just since it would be
waged against a power that can dictate the money of the world, and thereby
create world misery.'"

//////////FREE RARE BOOK SEARCH: http://a-albionic.com/search.html \\\\\\\\\
Lloyd Miller, Research Director for A-albionic Research (POB 20273,
Ferndale, MI 48220), a ruling class/conspiracy research resource for the
entire political-ideological spectrum.  Quarterly journal, book sales,
rare/out-of-print searches, New Paradigms Discussion List, Weekly Up-date
Lists & E-text Archive of research, intelligence, catalogs, & resources.
\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\*///////////////////////////////////////
**E-Mail Update/Discussion/Archive**|*******World Wide Web/Gopher/FTP*******
  mailto:majordomo@mail.msen.com    |         http://a-albionic.com/
  message text: info prj            | gopher://gopher.a-albionic.com:9006
////  http://msen.com/~lloyd/ //////*\\\\\\ mailto:lloyd@a-albionic.com \\\\

Disclaimer: The file contained in the box above or displayed in a separate window from a link in the box above is NOT owned nor implied to be owned by BeYoND THe iLLuSioN. Most files at BeYoND THe iLLuSioN are originally from public Bulletin Board Systems (BBS) which were popular in the days before the Internet or from gopher, web, and FTP sites from the early days of the Internet which no longer exist today. Essentially, all files were acquired from the public domain in one for or another.

However, there have been occasions when copyright protected material has appeared on BeYoND THe iLLuSIoN without permission of the copyright holder. In these instances, we have and will continue to remove the copyright protected file as soon as it is brought to our attention. This can now be done using our Report Copyright Material form. Fill out the form, and the webmaster will be notified of the situation.

There are also times when files found on BeYoND THe iLLuSioN have a real home somewhere else on the Internet. In these instances, we will gladly replace the file with a link to its true home whenever it is brought to our attention. If you know of the true home of any of these files, you can use our Report Original URL form to bring it yo our attention.