Now, we know--because experience has taught us--that solvent promissory notes, made payable in coin on demand, are the best money that mankind have ever had; (although probably not the best they ever will have).
Spooner reflects on the effectiveness of promissory notes as a form of money based on historical experience.
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They do not tell us that all liberty and order would be destroyed, that society itself would go to pieces, and man go back to barbarism, if it were not for the care, and supervision, and protection, they lavish upon us.
They do not carry their heads high, above all other men, and demand our reverence and admiration, as statesmen, patriots, and benefactors.
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.
They do not tell us that they have established infallible supreme courts, to whom they refer all questions as to the legality of their acts, and that they do nothing that is not sanctioned by these courts.