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 Posted: Sat May 18th, 2013 12:10 am
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bear

 

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 5/17/13 page 9 (Note, also went back to page 5 to format Common Sense passage with block quotes per below.)

“They are just as really currency as the specie dollar, the greenback, or the bank bill. A field which has no fence up one of its sides is not fenced in, no matter how high and strong its fences may be on the other sides. So, the volume of currency is not, in any true sense, limited by prohibitions of free banking, by a return to specie basis, or by any other means, so long as negotiable paper can be freely issued by individuals; and this free issue of negotiable paper is too useful, and too well entrenched in necessity, ever hereafter to be interfered with.” SA3

Removed space bar at beginning. Removed SA from end because Steven Pearl Andrews is already named in introducing paragraph. Also removed quotes and changed to block quote (indented -though I am not showing indent here because I don't readily know the html code)since it is more than 3 lines:

They are just as really currency as the specie dollar, the greenback, or the bank bill. A field which has no fence up one of its sides is not fenced in, no matter how high and strong its fences may be on the other sides. So, the volume of currency is not, in any true sense, limited by prohibitions of free banking, by a return to specie basis, or by any other means, so long as negotiable paper can be freely issued by individuals; and this free issue of negotiable paper is too useful, and too well entrenched in necessity, ever hereafter to be interfered with.1