Victoria C. Woodhull: “The only use of money is to facilitate exchanges of what the earth…”

On the record

The only use of money is to facilitate exchanges of what the earth produces, voluntarily or under compulsion.

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Victoria C. Woodhull

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Woodhull defines the primary function of money as a facilitator of exchange.

More from Victoria C. Woodhull

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.

Now, what we require is a measure of values of just as fixed and absolute a character as any of these.

Our Government is a nearer approach to a popular form, and more nearly allied to true freedom and justice than any other in existence.

With its destruction the lives of two great political parties passed away, and left the people with no distinct lines of demarkation.

Victoria C. Woodhull: “The only use of money is to facilitate exchanges of what the earth produces, voluntarily or under compulsion.”