That so long as no force or fraud is practised by either party, the parties themselves, to each separate contract, have the sole, absolute, and unqualified right to decide for themselves, what money, and how much of it, shall be considered a bona fide equivalent of the labor or property that is to be exchanged for it.
This statement asserts the right of individuals to determine the value of their exchanges without external coercion.
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When two men meet one upon the highway, or in the wilderness, have they a right to dispose of his life, liberty, or property at their pleasure, simply because they are the more numerous party?
All those who are not forbidden by law may be judges (jurors).
It would be a solecism and absurdity in government to allow such consequences as these.
They cannot claim or expect that the whole people shall practise the folly of taking on trust their pretended superior knowledge, and of committing blindly into their hands all their own interests, liberties, and rights, to be disposed of…