The labor which the people of this country are capable of performing, then, is the real basis upon which money should be formulated, and, as in practice, the results generally are annual in their return, this basis should be measured by all they can produce annually.
Woodhull asserts that the labor capacity of the people should form the basis for currency formulation, linking economic value to productivity.
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It will only be considered as a means to other and higher ends.
Or will they sell their birthright for less than a “mess of pottage?” Is it necessary that some great calamity come before an awakening to the reality of the condition will occur?
A fact isolated from all connections loses its significance.
In such a condition of things, courts of justice, with all their attendant judges, bailiffs and attorneys-at-law, would find their occupation gone.