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Newspaper Page Text
when a lady enters the room he is in.
And then again, should a man or the
lady go first when going up a flight of
These are all questions in polite
ness that have been bothering me.
Taken with the first 6he,.about street
cars, I am hoping for some opinions
on my questions from readers of The
Day Book. Write your opinions, as
I have done, to The Public Forum of
The Day Book. Just what is the gal
lantry of today? Wm McMillin.
NEW PHILOSOPHY OF MONEY.
Prof. Westrup's work, "The New
Philosophy of Money," has been pub
lished 20 years; it is now in second
edition, yet, so far as we know, no
daily paper or other publication has
published any adverse criticism ex
cept the Pioneer Press of St. Paul,
and this the Penny Press of the same
city regarded as "palpably unfair."
Some of the dailies have reviewed
the book and spoken very favorably
of it The New York World said that
the author "must be given credit,
however strongly one may disagree
with his premises or conclusions, as
the strongest writer and clearest
thinker on the subject who has ever
discussed its foundation principles.
It is mathematical in its exactness
and the logic has the machine per
fectness of Mills or Jevons. Prof.
Westrup fascinates the reader from
the start by his originality, simplicity
and lucidity in presenting funda
mental principles to whicn neither
the hard-money man nor the green
backer can object. This alone makes
the work invaluable to the disciples
of either school it clears away so
many errors to which both alike are
L'Institute des Sciences Sociales,
in Brussels, Belgium, published a
19-page review with no adverse com
ment The Minneapolis Times said:
"The book is well written and shows
the author's extensive knowledge of
and familiarity with the subject "
The Minneapolis Tribune says:
"Those who do not accept his 'New
Philosophy' must admit that he holds
the pen of a ready writer and that
his book is brimful of information
on subjects which today largely oc
cupy thinking people."
Now, how is it that a work
which these commentators praise so
highly and seem to have found no
fallacies which they could attack
has been allowed to lie without sub
jecting it to critical analysis. The
author complains that he has tried
in every way he could think of to
provoke discussion regarding the
correct method of supplying credit
money, with no results. He asserts
that governments have created a
monopoly of the medium of ex
change on the ground that we must
have a standard of value and that
this theory, as taught by the political
economists, is absolutely false and s
the cause of all the evils humanity
is suffering; that if we had or estab
lished the system he proposes, pov
erty would disappear and with it
vice, crime and corruption.
Prof. Westrup will supply a copy
of his book, "The New Philosophy of
Money," to any professor of political
economy, financier or statesman
who will undertake to prove that
what he affirms is not true. Fred
J.A. C.'S Forum letter will be pub
lished if he will tell us who he is.
ORGANIZE TO HELP LABOR MEN
At the first meeting of the Inter
national Labor Defense league a
ways and means committee was ap
pointed. Preparations for the gath
ering of a fund are now being made.
The league was formed to provide
cash for the retention of attorneys
for labor men accused of strike vio
lence. The Chicago Federation of Labor
and the L W. W. will be asked to join
with the league in its wop.