Liberty, then, is the SOVEREIGNTY OF THE INDIVIDUAL.

It goes to establish a just and permanent principle of trade which puts an end to all serious fluctuations in prices and consequently, to all the insecurity and ruin which these fluctuations produce; and to build up those who are already ruined.

This circulating medium has a natural tendency to lessen by degrees the value and the use of money, and finally to render it powerless; and consequently to sweep away all the crushing masses of fraud, iniquity, cruelty, corruption and imposition that are built upon it.

It has a sound and rational circulating medium, a real and definite representative of wealth.

The necessity of every one paying in his own labor for what he consumes, affords the only legitimate and effectual check to excessive luxury, which has so often ruined individuals, states and empires; and which has now brought almost universal bankruptcy upon us.

Governments commit more crimes upon persons and property and contribute more to their insecurity than all [the] criminals put together.

Those who have heard or read anything from me on the subject, know that one of the principal points insisted on is, the forming of societies or any other artificial combinations IS the first, greatest, and most fatal mistake ever committed by legislators and by reformers.