23/33 A country, if it would, could have a circulating medium, and all coined yellow gold, of two hundred dollars, or five hundred dollars, or one thousand dollars per capita for population, and, beyond the expense of the mint, without costing that country a shilling. One, being business manager of the nation, as fast as the mints would work could pour forth an unbroken stream of gold money, half-eagles, eagles, and double eagles, to what breadth and depth for a whole circulation one would, and never spend a shilling beyond the working of the mints. He holds in his fingers five twenty-dollar gold pieces. He buys one hundred dollars' worth of gold bullion with them. The public, if it would, might buy gold as freely as does any private individual. |