I am not going into this discussion to prove to you that gold is not money, since everybody ought to know that it has no more the properties of money than cotton, corn and pork have the properties of money.
Victoria C. Woodhull: “I am not going into this discussion to prove to you that gold is not money, since everybody ought to know that it has no…”
Editor's note · Context
Woodhull challenges the notion that gold should be considered money.
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And this is no more true of the pauper laborers of Europe and the slave laborers of Asia than it is of the free labor of America.
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?
That kind of money which has elasticity, that will be plenty when business is active, and that can be readily put to other use for profit when business is less demanding, is the kind the prosperity of a country demands.
This conclusion rouses the spirit of independence in the laborer, and he determines to redress his wrongs.