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But there is a cause for the various phenomena of this period of shoddy, of inflated speculation, of disturbance of all values, social, moral, political, and material, quite sufficient in the light of history to account for them. It is not suffrage; it is an irredeemable paper currency.
There is now to be a deep and solemn consultation, as when two ambassadors are going over a heavy protocol from a third. It happened to me to see one of these myrmidons returning from a bootless errand of inspection to a reputed collection; he was hot and indignant "A collection," he sputtered forth "that a collection! mere rubbish, sir irredeemable trash.
The door will be closed upon them as incorrigible and irredeemable; and the saints in heaven will go on singing, and harping, and jigging, regardlesss of these obstinate wretches, these ultimate failures, these lost souls, these everlasting inheritors of perdition. Humanity is growing day by day. So is common sense. Every decently educated person will soon insist on the abolition of hell.
It is unreasonable to expect a return to a sound currency so long as the Government and banks, by continuing to issue irredeemable notes, fill the channels of circulation with depreciated paper.
If we look next to Australia, we find a country of more than two-thirds the area of the United States, with a temperate climate and immense resources, agricultural and mineral, a country sparsely peopled by a race of irredeemable savages hardly above the level of brutes.
A severer ordeal was the silver question of 1878, because the argument for silver was more weighty than that for irredeemable paper, and was believed to be sound by business men of both parties.
Brangaene wrings her hands at sight of them locked in their long, mute embrace. Her work this, the work of her disobedient hands which, too weak for the stern task assigned them, poured out the love-potion in place of the death-draught. "Woe, woe," she wails, "eternal, irredeemable woe, instead of brief death! Behold the pernicious work of a foolish fondness blossoming heavenward in lamentation!"
He may not be quite as big a man as Brown, but he has been doing pretty well lately.... There's no reason why he shouldn't have a Leader. So irredeemable mischief has been done at Brown's dinner-party: another five or six thousand a year will henceforth exert its mighty influence in the service of bad art.
This absolute oath of fidelity one to the other, each with his own will and his own desire, this irredeemable contract of union between man and woman, it was not always a binding sacrament. Often twisted and broken, men and women promising in the belief of the best within them what was beyond their power to perform.
He was followed by the Abbe Goutes, who declared, what seems grotesque to those who have read the history of an irredeemable paper currency in any country that new issues of paper money "will supply a circulating medium which will protect public morals from corruption." Into this debate was brought a report by Necker.
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