The governments of Europe, acting through the monarch, or the legislature, according to the distribution of powers under their respective constitutions, had, and have, as sovereign a power of issuing paper money as of stamping coin.
Spooner compares the sovereign power of European governments to issue currency with that of the United States.
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They acknowledge it to be our unquestioned right and duty to kill them, if we can; that they expect nothing else, than that we will kill them, if we can; and that we are only fools and cowards, if we do not kill them, by any and every…
They do not tell us of the almshouses, hospitals, schools, churches, etc., which, out of the purest charity and benevolence, they maintain for our benefit, out of the money they take from us.
In short, they acknowledge themselves hostes humani generis: enemies of the human race.
They neither ask, nor expect, any mercy, if they should ever fall into the hands of honest men.