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The Let-Alone Principle
Most questions of governmental policy cluster around one central maxim, founded on what is sometimes called the let-alone principle. This maxim was enunciated by the Physiocrates, a school of French economists and philosophers which arose early in the last century. Its familiar form was, Laissez-aller, laissez faire; which may be freely paraphrased, Let things take their own course.
The Policy of a Protective Tariff
All nations levy taxes to a greater or less extent upon goods imported from foreign countries. Such taxes are commonly called customs duties, or simply duties. A scale or system of duties is called a tariff.
On Taxation
It is essential to the existence of civilized society that a certain amount of the labor of the social organism shall be devoted to the performance of the functions of government. The persons who perform these functions are government officers or employees.
Monometallism and Bimetallism
Monometallism is the system under which a government coins only a single metal as unlimited legal tender. Theoretically this metal may be gold or silver, but practically it is only gold among the leading monometallist nations of Europe. The bimetallic system permits the unlimited coinage of either gold or silver.
The Regulation of the Currency
The question whether government ought to make any provision whatever for regulating the currency, beyond protecting each individual against fraud or other wrong on the part of those with whom he deals, is an open one.
Of Socialistic Ideas
There are men who hold that the present organization of society is not that best adapted to promote the general welfare. These men are so numerous, and so frequently heard, that their views demand the careful attention of the student. To see in what respect it is proposed to change the existing system, we remark that the fundamental principle of the latter is that of individual liberty, or individualism.
Of Charitable Effort
As men advance in civilization the amelioration of the condition of their fellows must become a subject of increasing interest to them. It is not the function of political economy to decide what men ought or ought not to do to promote this end. But it is a legitimate function of the science to point out the effect upon the welfare of the race of any and every charitable effort into which men may enter.
Field-Marshal Roberts Honored By The Queen
The highest honors that the greatest rulers can confer upon heroes for valor or military success, are trifling when compared with that honor which the King of Heaven will bestow upon the humblest Soldier of the Cross who is loyal to His Son.
Thief In The Carriage House
I had forgotten; there is one heroic incident in my life, which I will give you. My brother Hiram and I, after supper, often rode to town together from our place, a mile or two in the country. We arranged a division of labor, by which, in harnessing and unharnessing the horse, each did his half. We became so proficient in our individual parts, that we could have the horse in the buggy or back into the stall again, in an incredibly short time.
A Young Man Preaches To The Preacher
The religious press has grown, in this age, to be a tremendous power in saving individual men, and in establishing the Kingdom of God. Many a precious soul has been redeemed by the judicious distribution of religious literature.
Thomas Edison's First Appearane In Boston
THOMAS EDISON, after wanderings North and South, reached Boston, a young man twenty-one years of age. He had invented a device by which two currents could be used over a submarine wire, and had secured a position in the telegraph office at Boston.
Boy Farragut
In the battle of life, there have been some boys and girls who have been heroic soldiers of the Cross, standing at the post of duty, fighting valiantly for the establishment of the Kingdom of God.
The Knight Who Slew Death
The One born in a manger, the poor carpenter's son, was the royal knight, who, defeating his enemies, slew death with one hard stroke, rescuing captives from peril and from fear, and bringing from his cloven skull, a form beautiful as the flowers, glorious as an angel of light.
Protected By The Great Spirit
By the all-powerful dispensation of Providence, I have been protected beyond all human probability or expectation ; for I had four bullets through my coat and two horses shot under me, yet I escaped unhurt, while death was levelling my companions on every side of me.
The Bellman Who Died At His Post
FOR five hundred years the Catholic Cathedral had stood in Pekin, until the last outbreak of the Boxers, when it, with the other foreign buildings in the city, was destroyed by fire.
Browning's Religious Faith
Robert Browning was priest as well as poet. His strong faith bound thousands of souls to the heart of God, and to immortality.
General Harrison's Tenderness Of Heart
General Harrison was right. Sentiment does rule this world. Out of the heart are the issues of life. Love is the strongest force in the universe. God is love.
Lincoln Pardons A Soldier Condemned To Death
IN a lecture at Round Lake, New York, one night, I referred to the pardon of young Scott by President Lincoln, to the pleading of Scott's little sister, who came all the way from Vermont to the White House, and to the scene of Lincoln's taking the child on his knee, pressing her to his heart, and telling her he would not let them kill her borther.
THE widowhood of Victoria was pathetic in the extreme. Her sorrow at the loss of her husband was so intense that the loyal widows of Great Britain presented her with an elegantly bound Bible and a note of sympathy to which the Queen made affectionate reply.
Penelope Darling And The Birds
It was one of the most beautiful sights my eyes had ever been permitted to behold on earth, to witness the perfect susceptibility of so many birds to the impressions which this girl made upon them.
Integrity And Industry
WILLIAM McKINLEY, like the other two martyred Presidents, was enriched with poverty, and exalted by obscurity, and, like them, made his way up from poverty and obscurity to the most exalted position in the land, by honesty and hard work.
Clothing For The Body And Soul
MAN is the only creature in the world who is permitted to select his own dress. God has furnished clothing for the lower animals, with color and fabric suited to their necessities.
German Emperor On Christianity
In these days, when there are so many little and inefficient men lamenting or rejoicing in the supposed decline of Christianity, it is truly inspiring to hear the live young ruler of the live young empire say to the youths of his land that their influence in the state will be measured by the power of Christ's atonement in their hearts.
A Christian mother's tender arms are the shelter that angels' wings would furnish, and her spirit sinks into her child's heart with the omnipotence of love. Her tears of affection soften his spirit, and with the hand of faith she draws the arm of the Everlasting about her and him.
Ary Scheffer's - Christus Consolator
IN one of the great galleries of Europe is Ary Scheffer's famous picture entitled Christus Consolator. In the centre of the canvas stands a commanding figure of Christ.
Persistent Effort
It is painstaking, persistent endeavor, which tells in the religious world. What new worlds of thought and feeling are opened to the heart which is persistent in its meditation and devotion.
Leader Of Murderous Mob Converted
A saloon-keeper had killed a man in the town where our church was situated, and was in the county jail awaiting trial. The lynchers concluded that it was about time for another picnic, and with sledge-hammers broke in the doors of the jail.
Early Childhood of Charles Spurgeon
Mr. Spurgeon addressed five thousand people twice a Sabbath in the same place for thirty years in succession. There have been men deeper, broader, more brilliant, more learned, more eloquent ; but since the world began few speakers in church or state ever held the attention of so many people to any one subject for so long a time.
A Journeyman-Printer Tells How He First Met Lincoln
Knowing that Captain Gilbert J. Greene was a life-long friend of Lincoln, I once asked him how he first happened to meet the martyred President, and of this incident he gave the following interesting account.
Looked Back and Lost His Wife
Eurydice, the wife of Orpheus, was killed by the bite of a serpent. Her husband, heart-broken at her death, determined to make his way into the lower world, and, if possible, persuade its rulers to allow his loving companion to return to him. With nothing but a lyre in his hand, he entered the palace of Pluto, and played with such exquisite beauty upon it, that the inhabitants of Hades were charmed.
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