They cannot be made stronger than the thing they lean on.
Gold we must have as our standard.
We are in commercial relations with all nations, and the laws of trade
are inexorable, and say: You must have money that is acceptable to those
you buy from. Bring any other, and you can call the fifty cents it
contains one hundred, but your laws are for the United States only, and
you must accept the fifty cents or take back the mongrel that in your
own barnyard crows so loud, for the United States has induced a swindle
that she is powerless to enforce beyond her own borders.
No law is necessary to make us take gold. Just out of the mine or just
out of the mint, we want it - the whole world wants it.
Finance, if not as old as the hills, is at least pretty near as old as
the graves at the foot of them. There is nothing new to be learned
regarding her laws. And those laws do not shut out tin, copper, paper,
rags, nails, or silver from being used as money as long as it is
agreeable to the interested. But the wisdom of the world comes from her
experience, and if she calls for gold money it is because she has never
found a better. All other kinds fade before it as fades the moon before
the rising sun.
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