Theoretically, every dollar's worth of material property, that is capable of being taken by law, and applied to the payment of the owner's debts, is capable of being represented by a promissory note, that shall circulate as money.
Spooner theorizes that promissory notes could serve as effective money if they are backed by material property.
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On the contrary, they acknowledge themselves robbers, murderers, and villains, pure and simple.
They do not attempt to deceive us, or mislead us, or reconcile us to their doings, by any such pretences, impostures, or insults as these.
They neither ask, nor expect, any mercy, if they should ever fall into the hands of honest men.
When they have once taken our money, they have the decency to get out of our sight as soon as possible; they do not persist in following us, and robbing us, again and again, so long as we produce anything that they can take from us.