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INSTEAD OF A BOOK.

thing. The wants and aspirations of mankind are daily multiplying. They can be satisfied only by the diversification of industry, which is the method of progress and the record of civilization. This is one of the great truths which Lysander Spooner has so long been shouting into unwilling ears. But the further diversification of industry in such a way as to benefit, no longer the few and the idle, but the many and the industrious, depends upon the control of capital by labor. And this, as Proudhon, Warren, Greene, and Spooner have shown, can be secured only by a free money system.


STOP THE MAIN LEAK FIRST.

[Liberty, May 1, 1886.]

In answer to my article, "Free Money First," in Liberty of March 27, in which was discussed the comparative importance of the money and land questions, J. M. M'Gregor, of the Detroit Labor Leaf, says: "I grant free money first. I firmly believe free money will come first, too, though my critic and myself may be widely at variance in regard to what would constitute free money." I mean by free money the utter absence of restriction upon the issue of all money not fraudulent. If Mr. M'Gregor believes in this, I am heartily glad. I should like to be half as sure as he is that it really is coming first. From the present temper of the people it looks to me as if nothing free would come first. They seem to be bent on trying every form of compulsion. In this current Mr. M'Gregor is far to the fore with his scheme of land taxation on the Henry George plan, and although he may believe free money will be first in time, he clearly does not consider it first in importance. This last-mentioned priority he awards to land reform, and it was his position in that regard that my article was written to dispute.

The issue between us, thus confined, hangs upon the truth or falsity of Mr. M'Gregor's statement that "to-day landlordism, through rent and speculation, supports more idlers than any other system of profit-robbing known to our great commonwealth." I take it that Mr. M'Gregor, by "rent," means ground-rent exclusively, and, by the phrase "supports more idlers," means takes more from labor; otherwise, his statement has no pertinence to his position. For all rent except ground-rent would be almost entirely and directly abolished