MeulenBth section two

Volume II of this correspondence, 208 pages, letters of B to M, 5, 8. 1949 - 5. 3. 1950­­­­­

 

5.8.49.

Dear Mr. Meulen,

 

if there would be a historian among the people who now govern England, he would direct the attention of his countrymen to the fact, that the present situation of the Allies is the same as the situation of Napoleon in Germany was in the year 1811.

(Winston Churchill was, among other things, also a historian. Moreover, at least at one stage he was said to have possessed an almost photographic memory. Neither helped him from committing numerous misjudgements. - J.Z., 28.1.03.)

His power was without limit but the oppressions by his generals, governors etc. were so great, that many Germans said: A new war against Napoleon, one with the aid of Russia, is the only thing which may help us. Thus, by  organisations like the "Tugendbund" and others, the new war was prepared. The supposition of this consideration was, that Alexander I was a liberal man, humane and righteous.

 

   Once Stalin is dead and his successors treat the Germans better than they are now treated by the Russians (Soviets! - J.Z.) (not probable but by not impossible, either), then the war begins anew at the first fit occasion. It begins anew, inevitably, if by accident or by the physical properties of the atomic bombs, stored in Nevada, Canada, etc., these bombs explode by spontaneous ignition. No thing in the world remain unaltered by time. Bombs of any kind explode one day or they lose their explosive force.

 

   I do not pretend that such a development would be best for Germany, but people seldom act so as their own best interest would demand.

 

   The dismantling ("Demontagen" of German industrial plants, which was still much worse in the Eastern zone, where it happened repeatedly, even after the workers had reconstructed their machines!) produce today the same, effect as the treatment by Napoleon I, his Continental System and his tax-impositions produced in the years before 1813. But there is, today, no historian of any influence among the English leaders.

 

                                     Very faithfully Yours - signed: U. v. Beckerath.

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7.8.1949.

Dear Mr. Meulen,

 

in the whole economic world prevailed and prevails the false opinion that a note is a loan granted by the note-bearer to the bank, and that note-issuing is the right to raise loans from the public. This false opinion caused the prescriptions on redeeming the notes on demand, the limitation of the issued mount to - - say - - the threefold of the bank's own capital and, at last, to the note-monopoly. It seemed too dangerous to entrust, to a private enterprise, such a privilege as to raise loans from everybody and this without the expressed consent of those who grant the loan.

The true nature of a note is that of a clearing certificate. From that very nature follows, that the greatest amount of notes does not require a redemption fund. Further, it follows that there must always be a creditor who is obliged to accept the notes at par in his usual business. ("Rückstrom" ["reflux"- J.Z.] - principle.)

 

Very faithfully Yours - signed: U. v. Beckerath.

 

Please turn.

 

A clearing cannot be prevented by distrust nor can it be fostered by trust. Any arising distrust accelerates the performance of clearing; that's all.

   As long as legislation has not yet provided the proper laws and procedures for clearing, the latter must be pressed into the imperfect forms of credit. It may be compared with insurance, which, for centuries, could only be performed in this way: The things to be insured were sold, to the company which granted insurance. At the same time, the company sold the same things to the insured, in case the things were not destroyed during the time of the insurance. The price for the latter selling was lower than the price of the sale to the insurance company, and the difference was the premium. Some centuries after the invention of that system, it was discovered that insurance is a transaction sui generis and  now it gets its own legislation.

(J.Z.: Containing many imposed wrongful rules, on organisation form, supervision, securities, interest rates, investments, entitlements, currency to be used, gold clause prohibitions, taxation, membership and also ever changing ones, thus artificially providing a great degree of insecurity in this sphere as well! - J.Z., 28.1.03.)

 

   So the clearing centre must, at the present state of legislation, lend the clearing certificates (notes) to employers and other people.

   The clearing certificates (notes) are on demand "realized" by the bearer. A real credit instrument is not realised  on demand.

                            Bth.

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8.8.1949.

Dear Mr. Meulen,

 

the "Courrier de France", of  4.8.49, quotes from Saint Exupéry's "Terre des Hommes":

 

   "J' borde la Tripolitaine. Et le sable se dore. Dieu, que cette planète est donc déserte! Quelle part de roc et de sable. La terre est vide. Il n'est plus d'hommes quand on l'observe à des kilomètres de distance."

 

   Saint Exupéry is an old aviator and became a great writer deserving the title of a philosopher, judging by the quotations brought by the "Courrier de France".

    That the world is the contrary of overpopulated is the impression of many travellers and I think that this impression is - - beside the statistics - - of much value.

 Saint Exupéry saw North Africa and South America. We know that both countries, in old times, had a                                     population comparable in density to France or India. We know today that the Incas were already in a state of degeneration, predecessors displaying a degree of culture and, in consequence, of population density as today in the best cultivated parts of Peru.

                                                     Very faithfully Yours - signed: U. v. Beckerath.

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U. v. Beckerath, …                                                                                                     9.8.1949.

 

                        Dear Mr. Meulen,

 

in the April-issue of  "The Individualist", page 12, article "Population", you say: "Scientific improvements have                                      hitherto been mainly in the direction of saving labour: They have not increased the production per acre".

 

   By and large you are - - I think - - in the right. Since 1800 the production per acre has about trebled, in England, Germany and Belgium, but the population has more than trebled. Also, in England the grain producing area seems to have diminished. But, as it was, since 1800 the trouble of agriculture to sell its products, and not the problem to produce more food to offer to the population, it was quite natural that the progress was, first of all, in saving labour and secondly in saving seed, lastly only in increasing the yield. What agriculture wants  - - at the present state - - is gain, not yield.

 

   Concerning China, Davies, in his celebrated work about China (I learnt this from Roscher) says, that Chinese are very dextrous in tilling the ground, but are the contrary when it comes to cultivate new land. So the heights - - in general  - - are still uncultivated. Also, there are still many swamps in the country, which are not transformed into arable soil. From later reports and tales of personal acquaintances, I got the impression that still nothing changed. even now. The lack of capital may be one of the reasons, also a standard of value, as it was in the last decades, does

not invite creditors to grant long-term loans.

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   The main difference between Malthusianism and Anti-Malthusianism seems to be: The latter point to the difficulties which agriculture has to sell its produce and only secondly to the social and political difficulties to produce (in China, civil war, external war, robbers, inflation).

Malthusians say: There are difficulties in producing and that all other difficulties are so trifling, that they can be neglected - - as far as the fundamental principle of Malthusianism is concerned.

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   Atomic scientists assert: It would be possible, with relatively small expenses to destroy all of the polar ice around the North Pole. Once destroyed, it will not develop again, at least not in some centuries. The newly won land could  - - probably - - be cultivated. (J.Z.: Only at the South Pole could land be gained thus. The radioactive pollution aspect should not be ignored, either. Moreover, how much low land would be flooded as a result? - J.Z., 28.1.03.)

(Maybe, sceptics will remark that the countries at the equator will then become deserts and the countries in our zone so hot as is now Arabia, so that, in balance, nothing is won. Maybe!)

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   Meat production, in the greatest part of Africa, is merely a question of the Tse-Tse fly. (Greatest? - J.Z.)

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                       Very faithfully Yours - signed: U. v. Beckerath.

                                                                                                                                                turn - over

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(On the back page B. wrote the following. - J.Z.):

 

   Let me reproduce here, from the German Statistical Yearbook for 1937 the following numbers:

 

                              Yield of Wheat per Hectare in "Doppelzentners".

                              (1 hectare = 2,471 acres.

                               1 Doppelzentner  = 100 Kilograms = 0.11 short tons = 220.46 pounds.)

                                  Average figures

 

Country                  1936          1935          1930/34

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Great Britain &

Northern Ireland      20.6          23.4           22.6

 

Germany                  21.2          22.2           21.6

Belgium                   26.6          25.5           25.7

Denmark                  26.0          31.6           28.8

France                      13.4          14.5           15.5

Ireland                      20.7          27.5           27.2

Italy                          11.9          15.4           14.9

Netherlands              29.2          29.4           29.7

Poland                      12,2          11.5           11,7

Spain                           7.6           9.4              9.5

Sweden                     20.8          23.6           22.8

Switzerland               17.5          24.0           21.4

Russia                           -             8.3              7.2

 

   Some days ago, I had a discussion with the editor of an agrarian monthly. From him I learnt:

   In Germany it would be technically easy to increase the yield to about 40 DZ per ha. Technically possible it would be to increase the yield to about 50 DZ per ha., although not any more easily.

But to increase the yield above the present number of about 22 DZ would be economically difficult. The cost of production would rise in some kind of geometrical proportion. For Germany it was until now much cheaper to get the (wanted DZ? - hand-written insertion is almost illegible! - J.Z.) of wheat from abroad than to produce it at home. To increase the yield to about 30 DZ would be possible by the present technical means, if the price of wheat could be increased correspondingly. It would not require very much. A little more care in labour, more expenses to fight against mice and other "Schaedlinge" (none of my dictionaries translates the word) (vermin, parasites - J.Z.), better selection of seed, shortening the time from harvest to milling the wheat, etc. would also be of great effect. Plants for sprinkling (very effective), other irrigation improvements. The establishment of drains in districts like Brandenburg, near rivers and lakes, would cost much money and are not possible, but the protection of the creditor is too bad. (Gold clauses are prohibited, first and even second mortgages are no longer possible, because the "place" is occupied by anterior creditors.)

   In Russia the problem has been for centuries: To plough some centimetres more deeply. The peasants would not (too much labour) and often could not. But the collective farms manage it. (While the system holds agriculture back in many other ways! - J.Z., 28.1.03.)

                                                                                                                       Bth.

                                                                                                                     14.8.49.

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U. v. Beckerath, …                                                                                  10.8.1949.

 

                        Dear Mr. Meulen,

 

my mind is not so far from vanity as not to read with great pleasure the modest contribution on pages 31 & 32 of "The Individualist" of August-Edition, that you were kind enough at to copy from my letters. I appreciate the honour and thank you very-much.

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   Page 28. "It only the politicians will stand out of the way." Very good!!

   "Let us free the exchanges." Excellent!  Let me add: And if politicians say (as they do): "No - - we regulate exchanges!" Then every kind of rebellion is morally permitted and the gentlemen should know that. (They do not yet know it.) .

   "Let individuals buy as free men where they want to." Let me add, that this freedom of buying is a personal right, which no government can rightfully take from its subjects, and no majority from a minority, without tyrannising over them. Every kind of resistance is morally permitted.

   But now:

   "If USA finds nothing in Europe that she wants to buy, she must resign herself to the loss of her export to Europe."

   Let me use here Kant's method of thinking and concluding: It involves a critique of the suppositions.

   Who exports? The USA?? No!!! That's merely a "facon de parler" and should not be taken serious. Who exports? Some merchants or other people, who exercise, in some transactions, the function of a merchant. - The USA neither export nor import.

   The single merchant does, normally, not consider the average price level of a country. Beside: That price level cannot be easily calculated. Experienced statisticians differ sometimes widely, when they try to compare

the average price level of two countries or two times. (Believe an old statistician or - - if not - - read: "The       Making of Index Numbers", by Irving Fisher, one of the most important mathematical books ever written and sufficient to place the author among the best economists.)

 

   From the fact that merchants do not consider the average price level, it may already be concluded that it does        not possess the importance ascribed to it by many economists. But the following objection seems near at hand: Well, maybe that the average price level is not so important, but the price of the single product is the point. Here  modern economists overlook an important circumstance. Let me explain it by a constructed example:

   Let us suppose in England everything, produced In the country, would be offered in the stores at a higher price - -expressed in gold - - than in any store in the USA. Let us further suppose that England wants cotton, an article not offered in English stores. Then, obviously, there exists a price for cotton so high, that the importer is able to buy

any goods in England, export it into the USA for a very low price and, nevertheless, wins not only so much, that he can buy at Savannah the same quantity of cotton which he had exported (in form of cotton goods - J.Z.) but also makes a good profit.

   Suppose, a given quantity of cotton would, in normal times, cost in England L 100, 000. Now let us suppose, all goods in England become so dear, that no goods - - priced in gold - - are cheaper than in the USA, the times, consequently, becoming quite "abnormal". The merchant sees that the difference is least at - - say typewriters. Their price is, in London, double (let us suppose) that at New York. Then the USA merchant demands for his cotton, instead of L 100,000 much more, say L 1,000,000. If the English pay that, than every good in England may be bought by the merchant to brought to New York and could there be offered at a price much lower than the cheapest good of the same type is offered at New York. His gain is still very considerable. The greatest is the gain if he buys typewriters in London. He spends L 500, 000 for typewriters, brings them to New York (I do neglect here the cost of transportation) and sells them for L  500, 000 or more exactly spoken, for the Dollar amount equivalent to L 500,000. Then he takes L 100, 000, buys with them the same quantity of cotton as he had brought to England and has won L 400, 000.

 

(J.Z.: Will the cotton producers accept the L 100,000 for their cotton or will they discount them, seeing the low exchange rate between US dollars and English Pounds, which would then be likely, i.e., the low purchasing power of these Pounds in England? I think the explanation through a change in the exchange rate between Dollars and Pounds is easier and more realistic. - J.Z., 28.1.03.)

 

   Expressed in abstracto (abstractly - J.Z.): There exists always a price for imported goods so high, that the Importer is able to export with profit, may the price level be as high as it may.

   Such a transaction it not advantageous for the importing country, but it is possible, and if the goods to be imported are absolutely necessary, then even a tenfold price is paid and more. It would be easy to verify this doctrine, generally acknowledged in the political economy of some decades ago, by the development in Germany after 1945. In that year the price - - to give an example - -  of tea and coffee was about a hundred-fold of the price  before the war. And yet there were people enough that paid this price and renounced almost all other things,  bread included. Many students came to the University of Berlin from abroad, also from China and India. They brought with them some pounds of tea and lived in Berlin for several months from the sale of one pound of tea. (Their habits were modest.) From time to time, their relatives or friends sent them a parcel with fresh tea. The service they won was their education at the university. At that time it was by far not as good as tertiary education at most other universities in Europe, the library, the laboratories and the buildings being for the greatest part destroyed and the celebrated professors teaching in 1932 having disappeared, murdered or emigrated.

   The supposition in the cotton example is that the English are permitted to pay in Pounds, what they are presently not permitted to do, and that the USA merchant is allowed, by American laws, to accept the Pounds, which, as far as I know, he is not permitted today.

(J.Z.: Also, that both are not forced to utilise only the official exchange rates, and that the amounts used fall under the permitted quotas and goods exchanges, etc. - Under free exchange rates and in the absence of all other restrictions, the exchange rate would settle at a level which would permit Americans to buy as cheaply in England as at home, and which would make the seemingly low prices in the USA for the English buyers as expensive as the prices in England. - J.Z., 28.1.03.)

 

If the USA merchant demands Dollars, all is completely changed and it is really so, that

firstly must be found out some English goods so cheap that they can be successfully exported to the USA.

 

(J.Z.: Under free exchange rates Dollars and Pounds would be continuously traded at their free market rates. On the exchanges for foreign currencies in England or in the US, US dollars could then be bought a their market rate with English Pounds, without any difficulties. But if pounds are artificially and officially overrated against Dollars, by a fixed exchange rate, prescribed by the governments and defended by its "experts", then a "dollar-shortage" does, naturally, appear. - I was once present at a public meeting in Wollongong, where hundreds of people, students, journalists, "experts" and businessmen, all defended the continuance of officially fixed exchange rates, with all their troubles, and considered freely floating exchange rates to be quite utopian, wrong and even harmful, too risky or dangerous. I was the only one defending them - and, naturally, did not convince any of these "minds" full of fixed ideas. - A few years later, fixed exchange rates were almost forgotten and floating exchange rates taken for granted! Fashions exist also in "economic" thoughts and ideas. - J.Z., 28.1.03.)

 

The present "Dollar-Scarcity" in England is as artificial as the scarcity of L-notes was in England after 1844.

   "Let us free the exchanges." (Here, particularly, the foreign exchange rates. - J.Z., 28.1.03.)

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   From the translation of an article in the "American Mercury" by H. W. Seaman, published in the October issue, 1948, of "Das Beste aus Reader's Digest", I learnt what a miserable standard of life the English workers have arrived at. I think it very dangerous to further lower this standard, now not very far from the low standard in Germany. I am convinced that not the (seemingly) high wages in England are the real cause of the importation and exportation troubles. The real cause is exclusively the pernicious system of paying imports in the money of the exporters government. (*) (This system was invented - - as much as I could ascertain - - by Rashin, the first Czechoslovakian minister of finance, a dangerous deflationist. Then it was taken up by Schacht, the much admired, and used, with great success, to enslave the German workers (and not only the workers). This success aroused such an enthusiasm of the bureaucracy in all countries (fully justified from its standpoint), that it was adopted in all countries of the world.)

 

(*) (J.Z.: This requirement would be no more than a minor nuisance - provided, exchange rates and other conditions for dealing in foreign currencies, would be quite free, moreover, if also all kinds of private and cooperative alternative exchange media and clearing certificates and clearing institutions could be freely used. Then, for instance, for US Dollars and English Pounds, there would be free Exchange Offices e.g. in London, as well as in New York. In both cities Dollars as well as Pounds could then be freely bought and sold, in any quantities, at floating exchange rates, roughly providing, with their current exchange rate, a purchasing power equivalence for both currencies in both countries. The demand that English importers pay for their imports in US dollars could then be easily fulfilled by them purchasing these Dollars first, with their Pounds, either at a London or a New York foreign exchange office, one of many, privately or cooperatively run and free from any government meddling. I am well aware that many more wrongful and absurd government restrictions exist than the insistence of paying for imports not with the own currency but with the exporting other country's currency. I believe that B. did here stress this aspect all too much. - J.Z., 28.1.03.)

 

In olden times the Pharaohs of Egypt enslaved their subjects and abused them e.g., as pyramid builders. But for what purpose are the enslaved European workers used? The bureaucracy which abuses them is not able to use the workers either for pyramids nor to perform anything, but for upholding its power.

 

(J.Z.: Here one should not forget the "palaces" of the bureaucrats, often built at huge costs, never even minding huge over-runs of the original cost-estimates and the often luxurious furnishings in the offices of the higher bureaucrats, nor their relatively high earnings, fringe benefits and pensions. Not only their power urges get satiated, involuntarily, by the victims of their taxation, legislation and regulation powers. - J.Z., 28.1.03.)

 

   If I would concede the errors of modern economists to be truths, then I would have to give up the principles laid down in the immortal work "Free Banking" (J.Z.: Here he 'lays it on', rather thickly! - but it may have helped, as an "argumentum ad hominem". - J.Z., 28.1.01.), which I certainly will not do and rather say with Abaelard:

   "Si omnes patres sic, ego non sic", and if no man in the whole world would adhere and the author himself would sacrifice the principles, my opinion would remain quite unchanged.

   The author himself???? It is one of my greatest sorrows, for a very long time, to read the first 5 lines in the August issue of "The Individualist".

   These 5 lines are in good harmony with the lines on page 28: "If US finds nothing etc." But they are in the strongest contradiction to "Free Banking".

   5 % to 7 % of the insured workers unemployed. That are - - I estimate - - more than a million of people. If their   unemployment would really produce for England's economy more advantages than disadvantages, then the existing legislation prohibiting Free Banking is a good legislation, for it prevents the million to be employed, and if the legislation would be repealed and the workers informed, then they would be able and would certainly use

their newly won liberty to relieve themselves from unemployment. What do you prefer now? Unemployment for the million or Free Banking that frees them from unemployment?

   C'est à prendre ou à laisser!

 

   From the passages quoted under the heading "employment", in "Free Banking", page 429, everybody, who did not yet know it, may learn that (involuntary! - J.Z.) unemployment is an evil. And now I must read that you restrain that view very considerably by stating that at least in our time and under the present circumstances the unemployment of about a million in - - on the whole - - no evil.

   This matter is very serious.

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   There is a very effective check to extravagant wages: The impossibility for employers to pay them.

   There exists also a very effective means to explain to the workers the impossibility to pay extravagant wages:

 

   The employers could offer the workers to hand over to them the shops, so that they may continue to work there,  organised as a cooperative. He employer may reserve for himself the job as a manager for a number of years. Vis-à - vis the social revolution, which is already beginning in England, it will be their best place.

 

(J.Z.: I do not consider it just to hand over all remaining capital assets to the employees free of charge and claims, although I know that a number of employees have done this. I do hold, and in one of his earlier free banking books and later, in discussions and letters, B. did also propose this transformation in a free market & capitalistic, competitive and profitable way: It would be possible, just and advantageous to all involved, to sell the enterprise to its employees, on terms, with the whole negotiated amount payable right away, but not in cash but in industrial bonds issued by the coop or partnership of the former employees. These bonds are to be interest-bearing, to have a gold clause and to be gradually amortised, largely by being paid off with claims or clearing certificates against this coop or partnership. Then the supposed "burden" of the acquisition of the enterprise would, in most cases, amount only to a fraction of the additional earnings which the cooperators or partners could obtain in this way. The former exclusive owner, if also a capable manager, might be retained for his life-time, by his employment contract, as a manager, being renewed again and again. His management troubles would thus become very greatly reduced, largely to the technical and commercial factors to the extent that these require top level management, with the burden of managing subordinated and dependent people largely disappearing, as in all sound self-management schemes. Many enterprises change hands every day. But, alas, the employees only rarely appear thus organized and financial as buyers and self-managers for them, although they could and should. Most enterprises are not bought or taken over by cash deals. If only they had done so - 150 - 200 years ago! How different would history have run then? - J.Z., 28.1.03. Cooperators might even retain him as a "president", for publicity purposes, if is his not a good manager, leaving whatever management is still required, in the hands of their executive or directors. With speeches and interviews this president, with his good name and reputation, however undeserved, might then still earn his keep, although, otherwise, his contribution to the productivity and the sales of the enterprise might be zero. However, I doubt very much that the top men would be getting the kinds of salaries and golden handshakes and pensions they now allocate to themselves at the expense of the firms, that is, its employees and shareholders and customers. -  That often represents as much of a racket, perhaps sometimes even a greater one, than that of the self-allocated salaries, fringe benefits and pensions which the politicians allocate themselves at public expense when they get into the saddle. Not that this would be the worst damage that they do. - J.Z., 23.4.03.)

 

   The workers organized into a cooperative cannot enter in a strike. If they want to increase their income, they must either better their production or increase the prices of their products. The former will, probably,

always be possible. The latter they may try one time and from this they will get a lesson which they never will forget and that by their own (and freely chosen - J.Z.) experience

 

   Some years before 1933 I said to some owners of large agricultural estates, to whom I had an opportunity to talk:  "Make cooperatives out of your estates and become their president. The Russian Revolution will claim us in a few years, in some form, be it by the Nazis or by the Communists; but, probably, the cooperatives will then be secure. Of course, they believed me crazy. And now? You know the "land reform" in Germany, fostered by the Allies.

   That "land reform" will one day - - not very far away - - turn against the owners of factories and great estates in England. The English soldiers win here the impression, that expropriation is not only economically possible but also morally unobjectionable, for - - they say - - if it would not be, the English government would not have demand it (for Germany - J.Z.).

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Very faithfully Yours, signed: U. v. Beckerath.

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U. v. Beckerath, ….                                      13.8.1949.  Your letter of 11. 8. 49, received today.

 

Dear Mr. Meulen,

 

Malthusianism.  

 

Not to be proven but to be assumed is:

 

There is a natural tendency in population to grow to its optimum.

There is also a natural tendency of the population to remain stationary when the optimum is attained.

 

"Optimum" is a notion not to be quite distinctly fixed and it is variable, too.

Therefore, generally, the population becomes already stationary before the optimum, as estimated by optimists, is  attained.

 

The study of history may lead to these doctrines and give them some probability.

 

   There exists also a "revolutionary" theory of population, with which I sympathise and which at leapt is not in contradiction to science. That theory says:

 

   Not the tendency of self-preservation in individuals is the original fact which impartial observation presents, but self-preservation of species. The tendency in individuals to preserve themselves is merely a special case of self-preservation of species. The force, by which species exist, produces individuals for the sole purpose to secure the existence of species. If the fate or the existence of species is severely menaced, then the genius of species produces individuals gifted with qualities to conquer the circumstances which menaced the existence of the species. Example: The often admired faculty of birds, buffaloes, etc. to be the sentinel of a group, was, probably, not originally in the nature of the animals. But when the existence of the species was menaced, nature called into life animals with a "sentinel-mentality,' by selection, by mutation, by other ways we do not yet know.

   In man the same. At a certain degree, when animal faculties (strength, courage, cunning, mobility and 1,000 others) are no more sufficient, then nature lets arise men with new faculties: organising, tyrannising (? temporarily and rationally dominating? - J.Z.) where it must be, sacrificing themselves, amusing others, love of science and arts and, at last, social faculties, such as conceive Free Banking ideas and communicating them to others.

 

   Here nature follows its usual way: It scatters very many seeds so that one individual may live. Hundreds of utopists must be borne before one reformer-scientist can operate. Many anarchists (the word taken in its popular sense) must do a revolutionist work before one scientific anarchist teaches his fellows not to conquer tyrants but create a state of maximum liberty. (To kill fellows like Hitler is not superfluous. A community which does not possess tyrant-killers [executioners! - J.Z.] is lost.)        

 

   And now it is the genius of the human species itself, which creates a new kind of individuals: Scientists - - not lacking courage - - who show mankind how to attain its optimum in number.

 

   For the first time I found these ideas (in another form) in Tolstoy, who asserts that humanity produces reformers just like ants produce "soldier-ants", which remove every obstacle to the ant-community.

 

   The great reformer, who not only conceives the needed Ideas of social reform, but finds also the suitable words to convince his fellowmen to act in the right way, must still be born. But so that he may be born, he must have a chance. The chance is a priori greater in a mankind of 6,000 millions of people than in a population of 2 1/4 milliards. And that is one of the reasons to bring the population of the earth to its optimum.

 

(J.Z.: For my taste, he does personify "nature" here all too much, just like religious people, e.g. Tolstoy, personified their "god" and read good intentions into him. But at least he indicates natural development trends that go in the indicated direction. Alas, like individual survival instincts, they are not preparing us for many of the present technological and scientific risks. They do not let us feel e.g., x-rays from TV sets or computers or radiation from nuclear reactors or their garbage, perhaps until it is too late. Or thousands of cancer-causing agents. Nor am I prepared to wait for a new kind of "saviour". Perhaps many great innovators are already born but, under territorialism, like under an avalanche or a flood, or under a fresh lava flow, they cannot freely develop but, rather, perish. Moreover, not only the creative potential of a few ought to be fully released but that of everyone, no matter how small it may be. That requires, among other things, e.g. individual secessionism and full exterritorial autonomy, which, in the monetary sphere, means full monetary freedom and, in the communications and recording, archiving and publishing sphere, means the full utilisation of all affordable and efficient as well as lasting alternative media. - J.Z., 28.1.03.)

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Thank you for the clipping from the Times of August 9, 1949, with Lord Boyd-Orr's speech on food supplies by

cultivating Africa. (A revival of ideas of colonialism and of the re-assumption of "the white man's burden"? - J.Z.,

28.1.03.)

Interesting and just! The Lord says and is right: "Unfortunately, like all other branches of biological science, which sought to enrich the world in the equal interest of the people in all countries, it was starved for funds".       

Let the funds be lent on a gold basis ("Goldwertklausel" - gold clause) and the veterinary stations will get, in a few months, more money offered to them than they are able to use.

(But really - - you are a noble mind - - such a thing as supplying an adversary with arguments did not happen since the year when Malthus first published his book. If there exists a karma of the Indian kind, you will have the          pleasure to be re-incarnated as the Robespierre of the year 2000-revolution, whose duty it shall be to sent the small remnant of the then still living Malthusians to the Guillotine - -  Euthanasia.)

----------------

 

   If  the number of hours that a man works in agriculture, is the same, in the past and present, then an increase in the agricultural out-put per hour means also an increase per man.

---------------

But you are right: If a man owns only so little land, that he can cultivate it all in a week, he will not produce as much as a man with more land.

(J.Z.: For the rest of the time, he might produce agricultural machinery for others, thus increasing their productivity. Many city people do that all the time, on top of a little gardening at home. - J.Z., 28.1.03.)

 

   In Germany the number of men, who own quite small pieces of land, not sufficient to occupy their full labour-time, are numerous. They work as "hands" at the estates of men possessing more than they can cultivate on their own. That state is not ideal. In Germany, for decades, the owners of great agricultural estates complain about the small supply of labour and favour the Polish agricultural labourers, who work in July and August for some weeks in Germany. (That was before the war.)

----------------

 

   It the money value of the output per worker in agriculture is only 1/5th of that in industry, then the old complaint of agriculture would be justified, namely, that prices of agricultural products are too low.

(J.Z.: Which is not exactly an indication of food shortage and of there being too many mouths, and buyers, either. - J.Z., 28.1.03.)

 

  Restriction of wheat planting in USA.

 

   At least we agree here that the USA could supply many more people with food if these people were able to buy  the food. That is the Malthusian side. The commercial side is:

   Take a country A able and willing to supply the 10 millions of inhabitants of its neighbour B - - a people living from industry and suppose that country B in able and willing to supply A with all industrial products it wants and likes, and then entrust the commerce of the two countries to a bureaucracy as it exists now in England, America and in the whole world. What will be the effect? Country B is unable to sell more than trifling quantities to A. It seems, in consequence, terribly overpopulated. Country A, on the other hand, suffers a terrible agrarian crisis. The government restricts the arable land and many people use wheat etc. as fuel or give it the pigs.

   There is only one remedy: A great cudgel and chasing the bureaucracy.

 

   The price of labour in the USA and in England and the relation of the two prices has nothing to do with the possibility to transport these victuals which the British are willing and able to pay for, to England. If the price is high enough, it enables the merchants to buy in England such things as cost - - counted in gold - - more than they cost in the USA and, nevertheless, sell them in the USA cheaper - - counted in gold - - than American stores can

sell them. The transaction is - - commercially seen - - no great advantage for England, but it is a greater advantage      (much greater) than the present state.

A year after abolishing the bureaucracy's guardianship, England's industry is so efficient that at least 1,000 kinds of goods are, counted in gold, much cheaper in England than in the USA and, nevertheless, the wages are at least as high as in the USA. Technology has, for centuries, been England's Ally and it will be again, tomorrow, if the great

cudgel is applied. (At the time of Napoleon I it was estimated that England's machines did the work of 700, 000 men, which in other countries had to be furnished by an additional population of at least 14 millions of inhabitants. So England's inhabitants and her machines gave a man-power equal to that of France, at that time about 26 or 27 millions of inhabitants.)

(J.Z.: I assume that B. did here bungle the translation into English of what he had here in mind in German. If the machines merely did the work of 700,000, then they added, in machine power, only 700,000 man-powers, not 14 million. But if already then 700,000 English workers were provided with as productive machines, that their output was increased 20 times, then it would have taken other countries 14 million of as strong men and able men, but working without machines, to produce as much. - J.Z., 28.1.03.)

 

   Instead of recommending austerity, economists should recommend the contrary: England should abolish all custom duties and let Americans and other people export to England whatever they like, untaxed, the most unnecessary things not excluded. Be sure that Englishmen will import it and let it be their responsibility get return freight. They will get it, if they are not mothered (or smothered - J.Z)  by the bureaucracy. (And if not, then they miscalculated. Why must the English rack the Americans' brains???? (I don't get his meaning here. Many of B.'s letters to M. were insufficiently proof-read by B. - J.Z., 28.1.03.)

   Free the exchange (by the cudgel!)

------------------

 

   "Where previously we exchanged X goods against X goods, we can, after the fall, get only X-Y goods."       Certainly! Then - - in a few weeks or days - - prices rose in England and fell in USA, as Gossen explained better than I can explain it here. Then the change of prices has its natural effect and the former state will really be restored, as may be seen at every page of history.

 

J.Z.: Without M.'s part of the discussion quickly on hand, and in this formulation, B. is here not clear to me, either. As I see it, over the mediator of a freely fluctuating exchange rate, the price levels of two countries will tend to balance, not for all goods, but in the average, still leaving all exporters and importers numerous chances with particular goods. A fall in the dollar value of the pound would restrain purchases from America while encouraging American purchases from England. A rise of the pound value, expressed in dollars, would encourage English imports from America while restraining American purchases from England. Whichever free exchange rate develops will about equalise advantages of trading for both countries and maximise as well as balance goods trade and payments between them. Since they are not the only trading partners, the balancing will occur often indirectly, in several steps involving trading of both with other countries. - J.Z., 28.1.03.)

--------------------

 

Gold standard.

 

If England created such laws, which made the degrees of prosperity a function of the supply with gold, then that is not a natural state of things. Gold coins should be like nails and hobbies. It would be unwise and tyrannical to prohibit them and to hinder debtors trying to pay their debts with gold coins, as long as creditors are willing to accept them. On the other side - - and there lies the rub - - it is unwise and tyrannical to compel debtors to pay with gold coins, if creditors are served as well by clearing and other means of payment.

Gold, in impossible legal claim, but  (sometimes difficult to impossible to fulfil - J.Z., 29.1.03.)

Gold is a good legal tender. (If one has sufficient for this purpose. - J.Z., 29.1.03.)

 

   All, what is said against gold as a standard (means of payment - J.Z., 29.1.03.) was really meant against gold as a legal claim. (By creditors against debtors. - J.Z., 29.1.03.) (Read Tolstoy's book: "The Slavery of our Time", in which he proposes to abolish money and replace it by a Christian conviction. Tolstoy was never aware that he spoke always against gold as a legal claim.) (By creditors against debtors. - J.Z., 29.1.03.) Economists still do not perceive it as that. Tant pis pour eux!

 

   In Persia and other oriental countries it is a very old commercial law that debtors must pay gold coins only if this is expressly agreed upon. If nothing is agreed concerning the means of payment, then always local currency is the means of payment, to the value of as many gold coins as was agreed upon or could be taken as agreed in honest commercial business. I learnt from a book on oriental commercial law that also in cases where gold coins were expressly agreed, the creditors, in practice, took every means of payment, clearing by no means excluded, that was not unusual.

 

   The above stated ideas are - - as you see - - not a mere fancy but were practised by the commercially best trained people in the whole world. (You know the old oriental saying:

Three Turks are wanted to cheat a Jew, three Jews to chest a Greek, three Greeks to cheat an Armenian,

and 7 Armenians to cheat a Persian, and finally the Persian will have cheated the 7 Armenians.)

(The contradiction to this story is here, that the Persians appear as the most dishonest ones, while the principle and practice described is an honest and practical one. - All analogies do limp, at least somewhat. - J.Z., 29.1.03.)

 

The here stated idea means simply introduce (more - J.Z.) honesty (and practicality - J.Z.) into business. No debtor can honestly promise that there will always be enough gold in circulation to satisfy the creditor, but if the debtor has gold, then it would not be honesty for the creditor to decline to accept it.

 

   W. B. Greene arrived at the here explained doctrine in a quite a different way. (Tucker, "Instead of a  Book", page 232.)

   "Substitute verity in the place of fiction", that was his opinion and his great discovery was: It's not merely a moral doctrine but an economic and social one as well.

 

   Some people say: Gold should never be a standard of value because it, obviously, cannot be an honest standard of currency. (By such expressions they meant the legal claim of creditors to that currency). Experience in Germany, during the (Great - J.Z.) Inflation, showed that gold may very well be a standard of value and that prices on the goods of stores may well be expressed in gold, while no gold circulates. Really, there were only a few kilograms at Berlin and at Pforzheim (the seat of the gold-industry), which were daily bought and sold, but it was sufficient to

fix an exchange rate of paper money for gold. The price was published and this published price served as multiplier In the stores. This system was already widely used in 1922.

---------------------

 

   You say: "… paper will not be acceptable abroad unless the foreigner can get the right goods at the right price there." (Rather, the right price for his goods. - Or, for the paper that he accepts, an exchange rate that permits him to buy the right goods there, at the right price, for his exports. - J.Z., 29.1.03.)

   The thing is theoretically not so simple and in practice much more simple.

   The foreigner normally deposits the notes with a bank. Then he gets a quittance or certificate for the deposited notes. This certificate he sells the next day, maybe, even on the same day. An experience of more then 300 years shows that in London there were always buyers for bills exchange and similar documents.

The importer does not care for the right goods and their price. That's a matter for the man who buys the notes. Experience taught that a difference of 1 % in value made dozens or hundreds of goods exportable which, before that difference arose, could not be exported.

----------------------

 

   Devaluation.    I think that we agree here completely. Devaluation is, in my opinion a violation of the personal rights of the owners of notes and of all creditors and is merely a legalised theft. (The cudgel, the cudgel!! Landsburgh, an author who published for many years the much esteemed monthly "Die Bank", proposed an amendment to the constitution of every country, insisting that a minister who devalues or inflates, or debates the currency in other ways, should at once be hanged. He demanded that the gallows should be depicted on every bank note, together with that article of the constitution. The new standard of currency should - - so proposed Landburgh - - be called "Galgenwährung". (Gallows Currency - J.Z.)

-----------------------

 

   Rückstrom.   Interest of bankers! Intelligence of bankers!! Insight of bankers!!!! I learnt that in inflation times and learn about it every day by the banking conditions of Germany new in full vigour. It is my sincere opinion, that average bankers are the most stupefied part of the people, still more stupefied than average ministers. Business and stability of credit conditions must become quite independent of the intelligence of bankers. The Rückstrom-Principle guarantees that independence and stability.

---------------------

 

   Vansittard.   If he speaks of  "The Germans" that has no more value than has the average German's talk about "The English".

   I see well, that people like Vansittard do have the power in England, and that men with political experience (to which - - I think - - Vansittard does not belong) are of no influence, as happens now in the whole world.

But this power depends upon a circumstance not no so unchangeable as V. believes: It may be that the successor of

Stalin treats the Germans better than they are treated now by the Russians (Soviets! - J.Z.) and demands only a collaboration with Russia. An empire from the Rhine to Vladiwostok led industrially and, perhaps, commercially by the Germans (Commerce does not need leadership, far less commercial leadership - J.Z., 29.1.03.), aided by Asia (Who is to be the actor there? - J.Z.), which in less then 10 years will be under the influence of the Russians, and an empire in which, perhaps, Free Banking is permitted, would in the next war occupy the little England - - militarily well prepared (for this -J.Z.) by Malthus - - within a few days, and the next generation may thank Malthus and Vansittard if it is for the next decades a "protectorate" of the Kremlin. Friends of England, as I am, are now silenced by the dismantling policy.

(The "Demontagen" the taking apart and removal of whole industrial enterprises. - J.Z., 29.1.03.)

  

Allies intimidated - - - in "Faust", Goethe lets his Mephistopheles say:

 

"Den Teufel spuert das Voelkchen nie,  (The people never perceive the devil,

"Und wenn er sie beim Kragen haette!"  even if it has them by the throat! - J.Z.)

 

He speaks of intimidation. I will believe, that he in not intimidated, but here are other points of view than such a  primitive feeling as intimidation.

 

   I thank you very much for the clipping.

 

   (May the English and the Americans place an army of more then a million men in Germany, that would be a contribution to security. But the dismantling policy is a bad thing.) (It was also a stupid thing. The Allies got thus outdated equipment an then, with the aid of the Marshall Plan and on credit, they got the most modern equipment in the world, far superior to the dismantled machines. - J.Z., 29.1.03.)

-----------------

  

   Which industry is today no war industry??? Even agriculture is a war industry.

----------------

   Beatrice Webb.  Very interesting. I would never have believed that such an author as B. W. can be dry.

----------------

 

   King Hall. He does not see, that if all that he wants done is actually performed while Free Banking is not permitted or in use, then "England is still a well equipped ship without the screw which moves the ship. Then even the best machinery in useless. Nevertheless, King Hall sees many things that remain unnoticed by others.

---------------

 

   Education. "… This contradicts the entire philosophy of freedom. …" - There are several philosophies of freedom. I adhere to Seneca's philosophy, and S. was the first author (known) to have written against slavery. But I  think that he was a follower of Roman Lawyers, who taught: Freedom is for adult, not for minor men. They should have as much freedom as possible and not more.

(J.Z.: We still believe this regarding e.g. children and are, I believe, right in doing so. - J.Z., 29.1.03.)

 

   But I agree with 90 % of what you say, and your personal experience (most interesting for me) corresponds to mine. Learning is now made interesting for children. There you are right, and that is - - in general - - the true reason why children now like it more to go to school than we did.

   But there you are also right as well: Children of today learn surprisingly less than we did. All old teachers say  the same. If such a fact is observed in England as well as here, I am inclined to ascribe it to a change in the human constitution for about 40 years. The increasing physical size of the youth indicates that such a change in their             constitution took place. If I would be a dictator, I would now let the school age begin at 8 years and let it cease at 17 or 18. Then - - I think - - boys and girls would be as educated as we were. Men live longer today, develop within a longer period than we did and, if treated according to their changed nature, would, perhaps learn more and with greater pleasure than we did.

Very faithfully Yours - signed: U. v. Beckerath.

 

(J.Z.: I do very much doubt that not only length, weight and development ages of children have changed [have you seen quite convincing figures on this?] but their mentality and learning ability as well, apart from the statism and popular myths they are indoctrinated with in school, by teachers likewise indoctrinated. What we may see there may largely be the result of the ever-increasing bureaucratisation of the education system, and the unionisation of its teachers, of the certification system for "teachers", of generations of compulsory attendance and of prolonged subsidisation of the whole system, at the expense of taxpayers. Has any other expensive and extensive governmental bureaucracy become more efficient over the decades? I do not know of any. On the contrary: In all of them costs and manpower go up - and services decline or become even negative values. - J.Z., 29.1.03.)

____________________________________________________________________________________________

 

U. v. Beckerath, ….                                                                                                     14.8.1949.

 

Dear Mr. Meulen,

 

if a people, or a large group among the people, is convinced that it is suppressed or exploited by another group, then the latter is in danger. It is not important whether the first group is really suppressed or exploited. Important is only the conviction. Example: India. The masses were convinced that "the English" (no distinction was made) suppressed and exploited the Indians. It would have been easy to explain that on balance the presence of an army commanded by Englishmen and the existence of a supreme government by Englishmen was a great advantage. The cost of the English government was certainly a trifling fraction of the costs of the Rajah's government 200 years ago, the cost calculated in working hours per inhabitant. But that was all unimportant. The people did not know it and the few who knew it did not dare to speak up about it. The European friends of India, who said it was, were - -                of course - - suspected of being in the pay of "the English".

Now came what, inevitably, had to come. The "movement" found leaders, the leaders found adherents, and many                                               fanatics among them, and when such a weak, tyrannical and ignorant government as the present government began                  to "rule", it was removed. (Tyrannical? Yes - - although the tyranny was merely modern prescriptionism, as in the case of India the modern monetary legislation.)

 

   Why are tyrannical governments always weak? Because they waste their time and their power on enforcing trifles and pedantries, which their ignorance takes to be important to uphold their power. To express it more correctly: For the government the upholding of such things as religion, monetary monopoly, racial privileges and class privileges are unimportant.

(J.Z.: On the contrary, they might consider only such things to be important and thus bring about their own downfall. - J.Z., 29.1.03.)

 

   The weakness of a government may be hidden for centuries. But suddenly such a weak government comes into a

situation as so many Asiatic governments came, who commanded hundred-thousands of soldiers, when they collided with European governments, or the Inca-government came, when a few hundred Spanish thieves invaded the country. (They mobilised the numerous dissenters and held the ruler hostage! - J.Z., 29.1.03.)

 

(One must distinguish a government and a bureaucracy. An almighty bureaucracy always makes us believe in the existence of a powerful government. But if the government is really powerful, then the bureaucracy obeys it, too, as other groups of subjects do.) (J.Z.: In reality, a powerful bureaucracy mostly weakens the government as well as the people and then the government can be easily overthrown or defeated. - J.Z., 29.1.03.) (J.Z.: However, the phenomenon of some honest and efficient public servants does also exist. But we should never become dependent upon their services, as we were before upon the services of an absolute monarch and his appointees or "born" aristocratic sub-rulers. - Free competition and free consumer choice and sovereignty in all spheres. - PIOT, J.Z. 22.5.03.)

 

   At present the greatest part of the English working classes believes to be suppressed and to be exploited by other classes. Whether they are or not is here unimportant. As long as they believe it, they will follow and, at the deciding moment, obey those who promise to subdue and exploit the other classes on their part. ("Expropriation des expropriateurs.")

(J.Z.: That would really make sense towards the most important expropriators of today, namely, the politicians and bureaucrats. See my proposal on this in PEACE PLANS 19c, now also available free of charge by e-mail. - J.Z., 29.1.03.)

The first to submit will be the bureaucracy, simply to keep its jobs. The government does not recognise its real situation because it is occupied e.g. with licensing barrows (The Individualist, August 1949, page 31) and such things.

 

   There are now three possibilities:

 

1.) The "development" continues as it had begun. Some new Cromwell will accelerate it and become, for some time, dictator of the country.

 

2.) The "development" is still more accelerated by the landing of 1 million Russian soldiers. The weight of a soldier, his weapons and ammunition, machine guns, etc., is about 300 kilograms. An aeroplane of 20 tons transports about 60 soldiers together with their equipment. 16, 000 aeroplanes (which Russia very probably possesses) will transport them from 1,000 places of appointment within to hours or less to England. If the number of troop concentrations is large enough, then the preparations for an invasion cannot be detected, not even by better spies than England does, at the moment, support in Russia.

   In the same night, when the troops are transported, a "coup de main", will replace the present ministry by a communist committee.

The Russians will come in the name of liberty. The new government will promise many things, and the first will be to compel merchants to sell food for half of he price at which they sell it now. For some days that is possible. Public executions of "saboteurs" will enforce it (for a week or so - - a decisive week).

For Russia that's an act like the occupation of Czechoslovakia, of Poland, etc.

What will England do? Send a million of English soldiers to Russia?

Militarily, that would be possible and also in 6 hours, if the million can be gathered. But in Russia that million will soon suffer the fate of the "grande armée"in 1812.

   A few days later, the Americans will come and bomb every English town occupied by the Russians. Perhaps they will really kill the whole invasion army.

   Etc.

   And, at last, the Russians will erect in the Hyde Park a monument to honour Malthus, who prepared this action so admirably - - a monument 100 times greater than that for Lenin at Moscow. He deserves it.

 

3.) An organisation is created in consequence of which the working classes do no more believe to be suppressed by other classes. The most simple way would be the transformation of factories, etc. into cooperatives. All what is said against this economic form is unimportant compared with the political advantage. Also - - as Beatrice Webb (or Potter - - she wrote her books before she married) explained in her book on cooperatives - - all disadvantages can be easily removed by reforming the early and primitive organisations.

  

   If I lived in England, I would propose an article:

 

   a) the workers of all factories where more than 100 workers are occupied, organise themselves in a cooperative.

       That is done within an hour.

 

   b) The cooperative leases the factory. The former owner becomes president of the cooperative as long as the

        lease contract is in operation. If the organisation is well prepared, that can also be the work of one day.

 

   c) Once the factory is leased, the cooperative considers the possibility to buy the factory.

 

Example: The factory is worth L 1 million. The cooperative hands over to the proprietor 10, 000 bonds of L 100 each. The bonds are in the usual form of industrial bonds quoted at the exchange. Coupon-sheets of the usual form are attached to every bond. The interest may be 4 % p.a. (or 1/3rd  % monthly). In every year (or every month) a part of the bonds is drawn by lot. The last bond may be drawn after 30 years (or so). Then the cooperative has to pay annually L 578, 301 - After 30 years it is the proprietor of the factory.

 

   An essential condition by which the bonds and the coupon-sheets differ from the usual form: Drawn bonds and

due coupon-sheets are "paid" by the obligation of the factory to accept them in its normal business in the same way as it would accept legal cash money.

 

   Monthly payment (I even would prefer weekly payment) has a great advantage. The workers become soon accustomed to continuously redeem a certain amount. If the redemption is only every year, they cry: "The burden is  too great! Also the financial ability of cooperative managers must not be over-estimated. But when the redemption is due every week, no great ability is needed to provide these

   4 % p.a. will be (about) the amount of the rent to be paid to the proprietor. The slight increase to 5,78391 % will enable the cooperative to become proprietor itself.

 

   If the relations between proprietor and cooperative are good, the proprietor will leave a part of the redemption to the factory to improve its plant. At present and in most factories great improvements of the plant are impossible  because the workers fear to be replaced by the machines. When the workers are themselves proprietors, they are interested to improve the plant, either to earn more money or to shorten their working hours.

   One must also consider that at present from all patents taken out no more than about 2% to 3 % are utilised. The rest becomes useless as a result of the economic (rather, anti-economic! - J.Z.) obstacles against using them.

The resistance of the workers is one if the obstacles and an important one. (In England much more so than e.g. in Germany.)

Many observers reported that England's plant is, in the average, backward, compared with that of Germany, Belgium or Holland, not to speak of America. That relates to the time before the war.

 

   A very great advantage for all parties and the country will be the economic impossibility of strikes under such a system.

   The next advantage is: The interests of the workers change completely. They acquire now real economic interests. 100's of things, today quite outside their sphere (J.Z.: Unless they have a very good suggestion-box and bonus scheme! - J.Z., 29.1.03), become very interesting. The price of the factory's product, the taxes, the price of raw materials, customs and the real optimum of daily labour time, are now really studied. The appeals of Communists become ridiculous. Communists know that very well and are the most exasperated foes of "cooperative socialism".

 

   It will be observed that much more than 50% of the workers prefer the wage system to the cooperative system, simply because they feel themselves not able to do more than their daily labour. But the possibility will also be there for these workers to organise themselves into a cooperative. It will exercise a good economic influence.

 

   On the whole: Their belief to be subdued and exploited will be diminished, so that it exerts no longer a political danger.

 

   Many 100's of arguments - - and very good ones - - may be urged against the system but, if the proprietors should decline it, then they might tomorrow be deprived of their factories without compensation. That may be their argument for the system.

 

   The conviction, not to be exploited by the new system, is well founded.  The payment for rents and interest, payable for the next 25 or even 30 years, may seem a kind of exploitation. But even the average worker will comprehend, that a civil war would cost more.

 

   Concerning the technical side, it will be necessary to subdivide the co-operative into smaller cooperatives - -  say of a dozen or so members - - which farm from the great cooperative a part of the factory. System Bata. The system has been introduced, for about 100 years, in French mines. Zola, in his "Germinal" describes it. (In the first world war I often visited the mine where the events, described in "Germinal" took place.)

---------------------

 

   In Germany no journal will accept an article on a subject as I do here submit to your criticism. No meeting discussing the subject is possible. The people who write in daily papers, journalists, etc., are government officials or professors or professional writers. It's impossible to break this "ring".

---------------------

 

Perhaps it is not without interest to consider the military side of the now given problem. There is only one means, if one will tackle the problem seriously. That means is the rearmament of Germany in a form, which does not endanger the military strength of the West. This could be achieved in the following way:

 

   a.) Dividing Germany into more independent countries than now exist. The average size of an American State

         should be the size of a German State.

   b.) Leaving monetary, economic and military independence to every State. The possibility for every State to

         conclude military treaties with England. (System of before 1806.)

   c.) The treaties under b) should provide for the possibility that German soldiers can do their service in England. 

        The number of German soldiers in England should be equal to that of English soldiers in Germany. (The

         relations between English soldiers and the German population are very good.)

   d.) Ending every kind of dismantling (of factories. - J.Z.).

   e.) Repealing every law which defames Germans.

   f.) Subdividing every German State into cantons as in Switzerland.

   g.) Permission for every canton to organise a militia.

   h.) Recall some die-hards by a plebiscite, at first Vansittard, if he still has any public service job at the time of the  

        plebiscite.

---------------------

 

   Utopian? Of course! There are many people in Germany, who prefer the Russian government to the here sketched kind of liberty. And there are many people in England, Vansittard and many others, who also prefer a Russian government in Germany to the ending of dismantling and such things. But, as old Schiller said:

   "Die Weltgeschichte ist das Weltgerichte" (World history is the world's court. - J.Z.)

and for people like me the German proverb applied will be:

   "Mitgefangen, mitgehangen!" (Caught together, hung together. - J.Z.)

 

Very faithfully Yours, signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                         15.8.1949.

 

Dear Mr. Meulen,

 

National  News-Letter, issue of 2.6.1949, page 7, quoted the Economist of 14th of May 1949. Some details of much increased wheat production are given for Kansas, Oklahoma and Texas, States where soil erosion etc. menaced the production, as Malthusians feared. But

204 million bushels were produced in the average of 1924/26,

349   "            "          "         "            "  "       "         "  1944/46,

per  annum.

   The Economist quotes Sir John Russell who estimates that at present only 1/3rd of the world's land-surface suitable for food production is at present so used.

 

   Some days ago the Berlin daily "Telegraf", published an article pro Malthus. The "Telegraf" was impartial enough to publish some days later another article with figures like: The maximum of the world's population may be  10, 000 million men. The production of food could be 25 times greater than it is, as far as technology is concerned. The latter figures were from a Russian economist.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

Telepathy through space was undoubtedly observed. But how far goes telepathy? Also from star to star?

   Can telepathy go through time as it goes through space? Some mystics think: it can. They refer to the fact that a little time-difference is nearly always observed. The question is only how long can the time difference be? Can it bridge centuries? multiples of centuries? "Kalpas"? Some Indian Sects thinks it can!

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

   The above mentioned issue of National News-Letter, reproduces at page 7 a speech of Mr. Bailey, President of the Scientific Instrument Manufacturer's Association.

   "The rates of pay of scientific-instrument makers in Western Germany have been estimated at 1 s. 10 d.  an hour. This is certainly, at the moment, one third less than British rates and thus accounts for the fact that German precision instruments are selling for one-third less in the world's markets."

   "The policy of allowing this unfair competition, coupled with the purchase tax, has, I fear, already sounded the death knell of the promising camera industry in this country."

Stephen King-Hall adds: 

"Another way of looking at it that Britain's prices are higher because her workers' living standards are higher than those of other European workers, who work just as hard. DO Germans and others regard our living standards as unfair?"

I think, I understand a little economic statistics, but to estimate the difference in pay of German workers and English ones, expressed in shillings and pence, would be a task that I would not attempt now.

Further: I really doubt whether now, after repealing the "planned economy laws", the standard of German scientific instrument makers is not higher than that of English workers. May it be or not: Nobody in Germany or elsewhere covets the English a standard of living as high as it can be. The others will not have more to eat if the English have less.

Moreover: Mr. Bailey does not estimate the share of wages in the price of the product. That is obviously necessary in such comparisons.

Concerning purchase taxes (sales taxes - J.Z.), they exist also in Germany, perhaps in all European countries.

   Germans work with very bad machines. Their product will not be the beet. The best instruments are now produced in the USA, where wages are higher than in Germany or in England. And, nevertheless, American instruments are cheap, as I read some months ago in a German economics paper.

------------------

                                      Yours faithfully, signed: Ulrich von Beckerath.

 

(J.Z.: What counts are not the absolute labour costs for such comparisons but the part of labour costs per unit produced. Under high productivity for labour (well trained and equipped with machines and not held back by union rules etc.), the wages may be higher than in other countries and still the labour costs per unit as well as the sales price per unit produced may be lower. - J.Z., 29.1.03.)

____________________________________________________________________________________________

 

(Note from B. to M regarding agricultural yields, following the previous discussion on this. - J.Z.)                                                                                                                                         (16.8.49.)

 

In the range from about 22 DZ (Doppelzentner) to about 30 DZ  the increase in yield would be absorbed by the increase in production cost, but not surpassed. The peasants are not interested in increasing the yield, if their gain is not increased, to. On the other hand, it would be possible that an increased yield reduces the prices or the speed of selling.

 

   My impression is, that humanity has now attained a state, where the interest of peasants, not to increase their yield too much, collides with the consumers' interest to increase the yield. There are two remedies:

 

1.) replacing the present habit to produce only for the market of the current year and the next by the habit to conclude long-term agreements, 10 years and more, by which the consumers (great cooperatives, administrations, etc.) bind themselves to pay a fixed price (counted in gold units) for the time of the agreement, and to buy the whole crop.

 

(J.Z.: The whole crop? That could lead to over-supply, like many governmental agricultural subsidies do. The quantity so purchased, should rather be set at a maximum limit, corresponding to estimated consumer want demand at these prices. Thus farmers would tend to produce as much, but no more, in the average. I also believe that 10 years would be too long a contract period. Two to five years would probably mostly suffice, with contracts for the future to be renegotiated at least a year before they run out. There should also be a clause to cover the impossibility to fulfil such a delivery contract on these terms because of floods, draught, storms, frost, pests etc. - J.Z., 29.1.03.)

 

2.) If that does not prove sufficient: To replace the present system of agriculturists that produce at their own risk by a system, where the consumers are proprietors of the soils and the agricultural labourers are employed under conditions as now in many gas works. The wage increases to the same extent that the produced gas increases (per employee! - J.Z.) and, moreover, the workers participate in the amounts of expenses saved and measured by a normal standard.

If the working expenses per cubic foot are normally X and by care and effort of the workers they are, in a given month, only 1/2 X, then the saved 1/2 X is divided, so that - - say - - 3/4 of the savings go to the workers and 1/4 to the gas works.

Example: In a given quantity of gas that part of production costs, which by care etc. of the workers may be reduced is 1 Pound. The workers reduce it to 10 s. Then 7 1/2 s. are distributed among the workers and 2 1/2 s. is taken by the gas work.

 

   That system is essentially different from participating in the profit. "Profit sharing" is of little effect.

 

(J.Z.: It does become effective when earnings from profit sharing come to pass by at least a minimum percentage of total earnings, say, 20 to 30 %. Then workers become really interested in cost savings and improvements, provided their jobs remain secure. - J.Z., 29.1.03.)

 

   The best system ever invented to combine all advantages of employment with the advantages of independent labour has been that of Bata, the great shoe-manufacturer. I think it is known in England no less than in Germany or in Bohemia, where it originated. The progress by Bata is greater than the progress by Taylor.

 

(J.Z.: The system is known under many names: Gang work, work cooperatives, autonomous group work, organisation development etc. and a large literature exists on it but I have not yet seen a book that describes all its varieties and compares them with each other. Alas, all these innovators have not yet sufficient dealt with the sales problem for their increased output, utilising monetary freedom methods. - J.Z., 29.1.03.)

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   In Burma certainly one of the most fertile countries, there were rice producing areas, in 1,000 hectares, in:

 

1936/37.             1937/38.          1938/39.            1939/40.           1940/41.

 

  4900                    5073                 5073                 4860                5023

 

The yield was, in 1,000 Doppelzentners

 

 72 024                69 960               81 869              71 060             81 980.     

 

Consequently the yield per hectare was:

 

     14,7                  13.8                    16.0                  14.6                 16.3

 

(Wagemann, Suedostasien.)

 

That is very much less than it could be. Here are still great reserves to be unlocked by more capital.

 

   From a statistics of Japan I remember that the yield per Hectare was about the same as in Burma. I hope to get more information.

   The most surprising figures were (for me) those of Java.

The population was in 1927 = 737 per square mile, and the trouble was, nevertheless, to find markets for the food produced.

 Bth.

                                                                       16.8.49.

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U. v. Beckerath, …                                                                                                      17.8.1949.

 

Dear Mr. Meulen,

 

in "Free Banking", page 368, you write: "… proposals to confiscate private industry are here ignored as impracticable."

   That was quite right at the time when you wrote it. And now???

The social revolution in England is going on, fast. The most remarkable is the mentality, which made the social revolution possible, has now replaced the old English mentality, whose basis was economic independence. 40 years ago, those English workers, who meditated about things beyond their household (a little more than in other countries, not very much) and who thought that the capitalistic system was not good enough for them, would replace it by a system of cooperatives. That was far from abolishing private property in industry. The true reason for which the mentality of the workers (and not only of the workers) changed, was that the "leading" class failed in every respect. This class, still now considered as "exploiters" by the workers, proved to be unable even to exploit. Such a class - - to speak the truth - - neither excites respect nor deserves it. The exploiters appealed to the government no less than the workers themselves do. It would be contrary to all historical experience if such an incapable class would not be replaced by another, one that at least understands the art of exploiting. In Russia the replacement is now finished. The new bourgeoisie works in a very primitive manner: immediately by State power, as the Hyksos and the Normans did, but they work, and protect the workers from unemployment. The workers in the Eastern world now build ammunition factories, just like the old Egyptians built pyramids; the protection against unemployment is the same as that of the old Egyptians. The only - - but remarkable - - difference is: The old Egyptians were so angry about their protection against unemployment, that they swore (look at Herodot) never to pronounce the names of Cheops and Chefren, the main builders of the pyramids. They would deliver them to oblivion, in spite of their pyramids. But a Greek historian (Herodot mentions his name - - I forgot it) preserved the names of Cheops and Chefren. Modern slaves are quite far from such a mentality. They will be protected against unemployment and in a manner easily to be conceived. About all other things they do not care.

--------------------

 

   Zander may tell you about the lady Professor Vierkandt, who visited him some weeks ago. She is one of the most intelligent women I ever met with. She told me:

   Man is a part of nature. Acts of men are phenomena of nature. So the construction and the use of atomic bombs

must be considered as an act of nature itself. Does reason go far astray if it supposes that the extermination of mankind and of every life on earth by atomic bombs is an act of nature by which it corrects the blunder it committed by creating and developing man?

   That in the same idea which came to me. Important ideas seldom develop in one head.

--------------------

Very faithfully Yours - signed: U. v. Beckerath.

 

(J.Z.: I don't like a personified nature (and its assumed purposes) any more than a personified God, supposedly punishing us for our "sins". There isn't sufficient mental progress from the all powerful and "reasonable" God notion to the all powerful and "reasonable" Nature idea. - J.Z., 29.1.03.)

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U. v. Beckerath, …                                                                                          18.8.1949.

 

Dear Mr. Meulen,

 

economists did not yet sufficiently distinguish (perhaps they did not yet distinguish at all) the great difference in the working of a free exchange market under the following conditions:

 

1.) the country is at a gold standard, model 1913,

 

2.) the country is at a gold standard insofar as the government permits setting of prices in gold and allows that the 

     means of payment, at the pleasure of the debtor, is gold coins or local currency, the latter in such quantity as 

     corresponds to its quotation at the market,

 

3.) the country is at a paper money standard, as now more than 9/10th of the world is, England included.

 

   Now let me suppose that in England all prices double - - the prices expressed in gold units - - so that all goods in England cost double the quantity of gold than they would cost in the USA. If then England is at condition No. l., then all gold will flow off to the USA, and quickly, too.

All terrors of a lack of gold will be observed: Unemployment of many millions, etc. That state will endure until the price level of England is diminished, at least for a great quantity of goods. The gold exported from England will be used to pay former debts and will hardly be used to pay for new imports. Imports will practically cease. Many creditors will lose their money. Economists will talk of the admirable automatism of the gold standard that restores "normal" economical conditions without government intervention and do not perceive, that granting the creditors a legal claim to gold is a very far-going government intervention. In every case, the rate of exchange will remain essentially unaltered, that is: it will not differ more than about 2 % from the rate before the crisis.

 

   Very different is the situation under condition No. 2.

 

   Gold will flow off, too, but gold will now purchase goods. Creditors are not entitled to claim gold and will be so kind as to accept local currency, foreigners as well as others. Nobody will become a bankrupt because of a scarcity of gold. If all gold is exported from England, the English will offer local currency as a means of payment. There is always any quantity of means of payment used in London as local currency, that an importer, importing cotton or coffee, will accept. May be, that such a quantity is great. The merchant will demand such an amount of local currency, that he is able to buy, at London or in other places of England, goods of any kind for which there is a market in the USA.

To represent the situation clearly: If the amount of local currency is fourfold of what it was before, then every commodity of England is fit to be exported. The merchants are then able to buy the commodity in England and sell it at New York cheaper than American commodities of the same kind are sold there. The supposition is, that the English consent to pay the high prices for imported goods.

How far the readiness goes to pay very high prices was observed during the "cotton- famine" from 1861 to 1865. (American Civil War.)

 

If the English are not ready (to pay high import prices - J.Z.) then imports cease correspondingly. That is inconvenient but no catastrophe.

In practice, the merchant who imported cotton, coffee, tea etc. to England, will sell the local currency and exchange it at the market for that currency which he wants.

In London that is no problem. He gets USA-Dollars as easily as Paraguay-Money to buy Maté and import the Maté to New York.

May be that at the exchange-market the quotation is reduced to 25 % of the quotation which would be observed, if      the price level in England and in the USA would be as in 1913. But at such a quotation no less English goods can    be exported than were in 1913. Free Trade devaluates in this manner the English money exactly in the measure as English industry wants, no more, no less.

 

   Now it becomes an important circumstance that the prices in England remain expressed in gold units. The second important circumstance is, that the local currency is expressed in gold units, too.

On the notes, certificates, etc. is printed:

                         "This note etc. is accepted in the business of the bank XYZ

                           and its debtors so as its face value of gold would be accepted."       

But, what do the note bearers observe? At the exchange market local currency suffers a considerable discount against gold units. That - - of course - - causes distrust. Everybody will get rid of his local currency as quickly as possible. He will bring it to the places where it is accepted for its nominal values. If he is a debtor of the bank XYZ, then he will pay at once his debts. If he is not one of its debtors, then he will bring the notes or certificates to the bank's debtors, the shops, the artisans, etc., who all are (so tyrannical is the bank!) obliged to accept the notes at their nominal value. The shops etc., in their turn, at once pay their debts to the bank, so that the notes disappear very quickly from circulation - together with their discount.

   It would be in contradiction to the experience of centuries if production would not be stimulated by such a quick turnover. But increased production means always a decrease in prices. The main element of price, that is the costs of selling - - advertising, commissions for agents, rent for storing the commodities, increased insurance, etc. - - normally about 40 % - 50 % of the price - - can be reduced without reducing the wages or the gain of the employers.

Plant improvements, impossible before, are introduced. "Shop-Rules" of the Unions, observed in times of unemployment, are no longer observed. Etc. Thus, after some time - - certainly in less than 6 months, the difference between England and the USA is not greater than it was in 1913.

 

   Distrust in a monetarily well organised community is no less important than trust.

 

   The economical condition No. 3 is often investigated by modern economists.

 

   The author of "Free Banking" observed well, that if gold coins are simply replaced by fiat money, the economic conditions of the country are not improved, but made worse. The worst is: The monopoly bank becomes the master of the country and prescribes all economic conditions. If the managers of the bank are average men, they impoverish the country as now England is impoverished in the midst of a plenty of best trained workers, raw materials offered from all sides et lowest prices, of the very best plants, etc. The intention of the impoverishers are, nevertheless, the best. But they can do no good, for a similar reason as even the best trained bear will do no good - in a china store.

----------------------

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                        19.8.1949.

 

Dear Mr. Meulen,

 

three years ago, you invited Mr. Ness Edwards (Parl. Sec. Min. of Labour) to discuss with the P.R.A. (Personal Rights Association - J.Z.) (tel. Wimbledon 0950 ) the doctrine, believed, by many workers:                               ..0

   "It is the inalienable right on the part of workers in industry to decide who they will work with." (Individualist, Dec. 1946, page 43.)

 

   Mr. Edwards did not phone yet. Obviously, he is still meditating the problem, one of the most serious and   difficult ever raised in sociology. MY impression is that until now no group except the P.R.A. advocates right standpoint. How carefully Mr. Edwards had studied the question before publishing his opinion. one may see from

his distinction between industrial workers and others. The distinction is not without foundation.

 

Let us consider the situation of one of the great agricultural cooperatives in Italy, which took on lease many of the    vast real estates of bankrupt proprietors in the years after 1905. (The history of that movement is still to be written.) This was done to the advantage of both parts. The proprietors got a secure income, which they were not able to gain by their own activity, and the agricultural workers improved their condition surprisingly. A great advantage for Italy was that strikes, of course, were impossible everywhere the workers were organized in cooperatives. But,   as the Indian proverb says: "Every little grain of rice casts its shadow."

The proprietors inevitably were monopolists of land, and this monopoly was inherited by the cooperative. It's an                  old objection of State socialism against cooperative socialism that the latter does not remove the monopoly of land. (State socialism does not answer the reply of cooperative socialism that replacing private monopoly by state monopoly brings the workers from the frying pan into the fire.)

 

   Seriously this problem was for the first time investigated by the Austrian economist Theodor Hertzka, in his two works "Freiland" and "Eine Reise nach Freiland", published in the eighties. Hertzka (one of the founders of cooperative socialism) (Buchez proposed "open cooperatives" before him, as B. pointed out elsewhere! - J.Z., 30.1.03.) said: The problem of the monopoly, exercised by cooperatives in agriculture or in industry, can only be solved in one way. There must be created an obligation for co-operatives and all others, who exercise a monopoly, to admit every worker who wishes to work at the monopolised place. Even if - - says Hertzka - - the time of work at the place may have to be reduced to one hour daily, by the necessity to occupy a great number of workers and the income of the workers correspondingly reduced, if, under such conditions, the workers continue to work there. There must be advantages which compensate for the impossibility to work there for longer than an hour and for an income of only one hour daily.

 

   Nobody will contest the logic of Hertzka's train of thought. Further investigations must prove whether the consequence must be driven to the degree proposed by Hertzka. E.g., it seems that in the case of railways an exaggeration of the number of workers, whose time of work is as much reduced, endangers the security of  railway transport. In very small cooperatives or shops, that are not organised on a cooperative basis, the trouble to enforce the principle may be greater than the rouble by the rest of monopoly remaining  also in small operatives. But P.R.A.'s principle is right: Nobody should exercise a monopoly, neither a single person nor a group of persons nor the government.

 

   One may say, that in industry it is easy to find jobs, so that the workers in industrial groups may be permitted to decide who they will work with; the social trouble would then be less than the trouble caused by the presence of a worker in the group who, in important questions, does not share the opinion of his comrades.

Possibly that was the opinion of Mr. Edwards when he spoke of workers in industry. But I think that industry should not, in this point, be privileged against agriculture, although it may be advisable to except very small groups. Further, this exception should be restricted to a predetermined period, say 15 years.

Jefferson, the great democrat, proclaimed the most important and generally neglected principle that every generation should frame its own legislation and that no generation has the right to bind posterity to its laws. The period of laws, consequently, must be limited by the constitution of the country, so that, once the period has passed, the validity of the law ceases, unless it is expressly renewed by the legislator. Shorter periods for a law's validity, than the constitutional one, must be permitted, of course.

 

   In every case a philosophical consideration of the problem leads to the realisation that Mr. Edwards' principle is bad and even undemocratic, the word taken in good modern sense. That the principle is also very bad in practice, and injures the real interests of the workers, is now to be seen in Germany. Shop councils are generally introduced and have the right or the power, and use it, to put a veto against the engagement of workers whose mentality or political past (say former nazis, although most of them now see to what craziness they had adhered ) does not please them or seems to be "suspect". Socialists find difficulties in districts where 'Christians prevail and vice

versa.

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, ….                                                                                    20.8.1949.

 

Dear Mr. Meulen,

 

I received several printed matters for which I thank yon very much. Truth, Economist, "analysis" and the cutting  from the Indian Journal I sent you some weeks ago.

 

   In "Truth" (Aug. 5, 1949, page 160) I find under the heading "Vigilant's" Letter- Box the communication:      "Devaluation". - Expert opinions differ; in the meantime hold the prefs. (Prefs? A typo for rates? Short for preferences? - meaning bids for currency? - J.Z.)

 

   There are to "experts" concerning devaluation. Devaluation is a legal theft. It robs the class of creditors and makes presents to the class of debtors. That's all. Certainly: Theft can also be considered from a technical                        standpoint and insofar there are experts in devaluation as there are burglars who are real experts in burglary.                           (You know the often told story of the manager of a prison. He had put the key of a safe into the safe and then

closed it inadvertently. How to open the safe?? By an oxygen-hydrogen blow-pipe? (blow torch? welder? - J.Z.) The manager's boy had a better advice: "Let celebrated burglar, escorted here yesterday, open the safe! He can do it! And really - - in a few minutes he had it opened without damaging the safe, something experts in safes were unable to do, the world "expert" taken in its usual sense.

   There are also people, who do not think that devaluation is a crime. I would like to compare their mentality to that of old Greeks and Phasacians. Odyssey, 9th song, verses 40 ff. There the noble Odysseus describes his bad luck, when he robbed the Kikones. These indescribably barbarians defended themselves rather effectively, so that the noble hero Odysseus could not steal much more than a leather-bag full of wine, which the priest Maron, son of Euanthes, had given him - - not voluntarily - - but to avoid sacking and things still more evil. (Verse 197.) I think                           that the noble hero Odysseus here told the truth (which he did not do) for I know of many similar stories from the Russians, when they sacked Berlin. A bottle of  "Schnapps" and they spared the inhabitants - - not in every case, but generally. Poles and Czechs did not do so. They extorted the liquor and then plundered and violated the women. Russians, including men from the lowest classes, are, in general, much more cultivated than Poles and Czechs. (In general; I know exceptions.)

 

(J.Z.: Some Berliners had left their wine & liquor cellars full and thus produced Red Army drunks, who raped and looted more than usual. As for Poles: Our neighbours on our ground-floor flat were Poles, who spoke placatingly with the Russian soldiers and thus saved us and all those who lived above us, at Berlin N 65, Togostr. 32 E, from rape and looting. - J.Z., 30.1.03.)

 

History always repeats itself, so that it is sufficient to change the names in old Homer to get modern history and any other. But - - as often remarked - - history does not repeat itself in every respect. In details there are progresses and regresses, if such a "facon de parler" is permitted. Such a detail is represented in Homer. Here the old reporter of robber romances tells us (Song 11, verse 367), that Alkioous, chief of the pirates, is very touched and says expressly: "Odysseus, I see that you are not a worse robber than myself, I believe you. Robber-minded stories, as you told us, cannot be invented. Here I am an old expert! He was quite overwhelmed by pity to hear of Odysseus's back luck in plundering Ismaros. He resolved to compensate Odysseus (not at his own expense: Song 11, verse 340.)

  

   And here is the progress, considered from the a standpoint of outsiders, like you and I. What would you do, if Odysseus came one day to you, brought in by your Nausikaa, and told you, what misfortune he had at Ismaros? I think that you would phone Wimbledon's police station and tell Nausikaa: My dear daughter, if you meet such a boy again, as you introduced here today, do not be impressed at first sight. There are such and such.

----------------------- 

 

Modern men are - - concerning robberies like devaluations - - still at the state of old Phasakes. They do not consider it as a crime. But 3,000 years later they will.

 

   I heartily greet your daughter, who is young enough to live to see the victory of the Free Banking idea.

 

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                        22. 8. 1949.    My letter of 14.8.49, page 4.

 

Dear Mr. Meulen,

 

until now the theorists of international law treated States as individuals and supposed that the same doctrines

are applicable to the moral law for individuals and to the actions of and against States. Such a confusion can do no good, as is seen in the case of Germany. The question is:

 

1.) What minimum of obligations can be imposed upon the single, adult German, considered from a standpoint of reciprocity?

 

2.) What maximum personal liberty must be granted to the single German, also considered from a standpoint of reciprocity?

 

   An impartial investigation concludes:

   Every man has a right to choose his own government, but only so as Benjamin R. Tucker understood the thing, Auberon Herbert, and others. But a man has not the right to demand that others constitute for him a government as he likes it, located in that and that town, commanding that and that territory, etc.

   So it was by no means a moral duty of the Allied to organise a German government over the whole of West Germany, endow it with the power to prescribe upon its subjects certain monetary abuses, such as the issue of a forced currency, etc. If the teachers of the right of nations taught, that it was a moral duty, they were very much mistaken.

 

   To get a maximum of personal liberty in Germany (and not only in Germany), it should be divided into                 communities as small as is politically and economically possible.

 

(J.Z.: Alas, here, too, he still upholds territorialism rather than individual sovereignty, individual secessionism and only exterritorial autonomy for their voluntary communities. Under Free Trade, which all would be free to adopt, they would not need any exclusive territories but merely exclusive private and cooperative etc. properties while the Protectionists etc. could voluntarily segregate themselves and boycott others as much as they liked. - But B. might have been engaged only in discussing what he thought to be politically practicable then or acceptable to a mind like that of M. - J.Z., 30.1.03.)

 

The theory is - - not completely - - expounded by Proudhon in his "Du principe fédératif" and the practice in Switzerland, by the Germany before 1914 (rather before 1860? - J.Z.) (not less cultivated than any country in the world) and the USA, where there are States the size of Swiss cantons and yet neither economically nor culturally nor politically inferior to New York.

If there are people - - like Communists - - who wish to he governed by a central power, I say to them:

   Organise that power! Cede to the power as much of your income as you think fit. Imitate the sect whose chief is the well known Aga Khan, from whom loafers robbed some pounds of Jewels, some weeks ago at Monte Carlo, sacrificed to him by his adherents, who by this sacrifice - - as they firmly believe - - accumulated a good "karma" and will be   reborn as angels, white elephants, holy apes or gods in some heaven. You, communists, will certainly also find some Aga Khan, who generously accepts your gifts, supplies you with prescriptions to produce and to consume, forbids you books etc., which endanger your spiritual welfare, etc. But: Do not compel others to imitate you.

   What concerns the others, they will not sacrifice 80 % of their labour to a government. They want personal liberty, etc. That - - at present - - in only possible by an alliance with the Western World and a precaution so that not another totalitarian government like the Hitlerian can arise. A Federalism such as Proudhon proposed it, is the best means. (Did he propose federalism between small territorial States or between sovereign individuals? - J.Z., 30.1.03.)

   Like all good things in the world this Federalism cannot be upheld without brutal force, just like the wallet of anyone of us cannot be protected without brutal force. (That force does not have to be and should not be "brutal", but merely defensive, with as much defensive force as is required! - J.Z., 30.1.03.)  Today that means:

 

   a.) At least one million German soldiers, well armed and always on the Qui vive at the frontier,

 

   b.) at least one million of English, American, etc. soldiers also at the frontier and allied with the Germans.

 

(J.Z.: "the" Germans never existed and do not exist now. Standing armies do not offer the best protection. Elsewhere B. advocated an ideal form of militia for the protection of individual rights - and also for liberation efforts without any "brute" force being used. - J.Z., 30.1.03.)

 

   If one day the about four millions of Russian soldiers are dismissed, then things are changed.

 

(J.Z.: Then these 4 millions were "in the hands" of a Stalin. But they were not all Russians. Perhaps even the majority among them was born among the over 100 other suppressed minorities in the Soviet Empire, beside the suppressed Russians. Alas, the Western World's freedom lovers did not sufficiently ponder the overthrow of a regime like Stalin's and the liberation of all its involuntary victims. They still have not done so for the remaining tyrannies. - J.Z., 30.1.03.)

 

   There is no other means to avoid a slavery worse than Hitlerism, not only for Germany but for the whole West, too. (What about the fostering of an uprising of military and other slaves in that tyranny? - J.Z., 30.1.03.)

 

   Suppose, there will be no such army at the frontier. What will be the effect - some days after the beginning of the next war? About six millions of German workers will be compelled to make ammunition for the Soviets, and two weeks later 4 million French workers will help them. Four weeks later, the rest of Europe will work for the Soviets, very probably England, too.

 

   I don't speak of atomic bombs which - - you certainly have read it - - the Soviets are now testing in the Kirghizian steppe.

---------------------

 

   You may object: The hate of the Germans, as a consequence of the continued dismantling is now to great that it will be easy for the Russians to cause the Germans to desert and to come to them. (Soviets =/= Russians! "Demontagen" in East Germany were even worse! - J.Z.) In that Russians are good experts; their first very successful action in this direction was to win the whole Czech army in the first weeks of the first world war. The Czechs deserted to the Russians - - the colonel of each regiment at it's top - - and, to say the truth, they were very well received and treated. The objection is probably right at present. People like Vansittard have achieved what the secret Nazi-Propaganda never did. The latter is no longer taken serious, but Vansittard is taken serious and deserves it.

--------------------

                                        Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                         28.8.1949.

 

                        Dear Mr. Meulen,

 

it may be that Free Banking gets an assistance from a side not expected but predicted many years ago, long before WW II. I append here a paper, "Telegraph", weekly edition, from which you may see, what forgery plays in Western Germany. It may be that central note-issuing becomes technically impossible in a short time. The main difficulty is - - I think - - that no paper dares to publish an article about anything which seems to endanger the present note-monopoly.

-----------------

   Some weeks ago, I tried, at a meeting of the Social Democratic Party, to explain that the present monopolistic system violates the right of the workers to be always supplied with as many means of payment as to uphold production, which no genius can do in Frankfurt, while the means of payment are wanted at Hamburg or Munich. Much less can it be done by the gentlemen now doing banking business and having no other recommendation than their pitiable role in the great crisis of 1932. You will believe me that I was laughed at.

----------------

   I think that you will have read that Hitler, during the war, got English notes printed in great quantities. In 1945 these printers (workers) took these notes together with the printing machines with them. A part was discovered a year or so ago.

   Notes from "small" bankers, very probably, will not be forged. It's not worthwhile. The snide (? forgery - J.Z.) would be detected in a few days.

-----------------

   The "Sozialdemokrat" of 14.7.1949 reports that the New York firm Bache & Co. sells tins, containing 100 ounces of fine gold, for 3,945 Dollars. There are many buyers. If the information is true, then 39.45 Dollars per ounce could be considered as the true value of one ounce expressed in Paper Dollars.

-----------------

   In his book "The Prince", Machiavelli remarks (chapter 6) that all armed prophets won. This remark of 1532, when the "principe" was first printed (some say it was printed 1515), has not been refuted by history. Hitler and Stalin may also be considered as armed prophets. (They won, at least temporarily! - J.Z., 30.1.03) Their doctrine is a religion, although a very bad one.

----------------

   A Greek historian (who's name I forgot - - Thukydides??) reported: Spartan men were absent for a long time and peace seemed far away. Then Sparta's women sent a message to the army and pointed out that, since for a long time no children were born, the State was obviously in danger. The army must admit this danger and send 50 handsome warriors to Sparta with all the virility necessary to propagate the race. The 50 men did their duty and did it well, but about 20 years later the new generation had the greatest difficulties. The "legitimately" born would not recognise them as equal by birth. The law proved to be ineffective. The story seems very credible.

 

(J.Z.: How many of the children born, supposedly as a result of this government "action", were actually fathered by the male household slaves? - The free Greek males certainly used the female slaves as sex objects. Why not the free women? Do we have here one of the minor causes for the downfall of Sparta? - J.Z., 30.1.03.)

----------------

 

                                                Very faithfully Yours - signed: U. v. Beckerath.

___________________________________________________________________________________________

 

29. 8. 1949.

 

Dear Mr. Meulen,

 

I bought - - although it was light-headed - - for 30 East-Mark a copy of Webster's Complete English Dictionary, edition 1882, price in this year = 1 L + 11 Shill. + 9 Pence.

 

   5.60 East-mark are now sold for 1 West-mark. The quotations at Zuerich were:

 

1 L                      = 11.45 Swiss Franc,

100 West-marks = 68.00 Swiss Franc.

 

   So that the price of the Dictionary was:

 

              30 x   1     x    68     x      1      = 0.382 L   = 6 s.  4 d.

                       5.6        100          11.45

 

Cheap, I think.

 

Very faithfully Yours - signed: U. v. Beckerath.

 

The Dictionary's weight =  4.4 kilograms =  9.77 pounds,   1 pound = 453.59 grams.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                   3.9.1949.  Your letter of 25.8.49, received 29.8.49.

 

Dear Mr. Meulen,

 

with real pleasure I read your remark:

    "A company may insure me against fire, although we both know that if all the buildings insured in this company

      are burned down together, the company may be unable to pay."

 

   Although you are not an Insurance man, you found out here a very important point in the insurance business, which more than 99 % of insurance men do not find out. A slight generalisation lets us see that here we have to do with a very general principle governing social, political and individual life. For more than 1 1/2 centuries it has not been discussed - - as far as I know.

 

    The danger that the premiums received are not sufficient to pay all damages may be as small as any optimist                   may estimate it, but it never becomes zero. Theoretically that is clear a priori. From time to time practice confirms the theory. Before the great conflagration of San Francisco in 1907 - - following the earthquake - - one read in many books, that an experience of many decades had proven: The sum of all damages in one year never exceeded a certain limit. And, nevertheless, in that year the damages exceeded the average sum, observed for decades, very considerably, and many insurance companies became bankrupt. Since that year the earthquake clause became general.

   A similar case was, perhaps, the great loss in Middle Europe in the year 1921. The year was extremely hot. The companies' reserves were destroyed by the inflation. It was the general opinion in that year, that the German companies were saved simply by the progress of inflation beginning in October 1921.

 

   The first scientist who earnestly considered the problem was Jacques Bernoulli, whose book on probabilities ("Ars conjectandi") was published 1713, 8 years after B.'s death. (Burnt 1943) B. said, that there must be a probability which, in practice, can be considered as zero and he proposed to accept the fraction 1/ 10.000 as this probability, as long as facts or better reflections than his may lead to the acceptance of another fraction. As applicable cases Bernoulli mentioned: The obligations of an insurance company or of single merchants who granted an insurance, other obligations of merchants, decisions of judges and some others which I forgot.

 

   Some decades later Buffon, in his "Arithmétique morale" (*) again considered the problem and proposed the fraction 1/100,000 as a probability which, in practice, could be considered as zero. Buffon said: 1/100,000 is about the probability for a healthy man to live at least 24 hours. Everybody, in normal times, is convinced to be alive the next day and insofar, in his practice, takes the probability of 1/100,000 as zero.

(*) (Microfiched by me in PEACE PLANS 332. I would like to get a German or English translation, to enable me to read it. - J.Z., 23.5.03.)

 

   But in insurance business the question arises whether the probabilities are known well enough by mere observation, even if the observation would include a period of many decades. Therefore - - at least in Germany - - some founders of insurance companies inserted a clause: In cases of excessive damages, the company will raise a fresh payment from the insured, but not more than a certain multiple of the normal premium. Damages, which cannot be paid by such fresh payments, shall be considered as not insured.

 

Example: The first insurance conditions of the Gotha Fire Insurance Company, published 1820, demanded that every insured must hand over to the company a bill of exchange for an amount of the eight-fold of the normal premium. The usefulness of the clause was seen at the conflagration of Hamburg in 1842. The Gotha Clause shifted the risk from the company to the insured and was a very good solution, certainly a much better one than the omission of every clause - - as at modern insurance companies - - for the case that unexpected risks disturbed the normal business.

   At the inflation time in Austria were founded hundreds of small insurance companies which insured not in paper crowns but in grain or other real values. The greatest part of the insured were peasant. All these small companies had clauses similar to the old Gotha Cause.

 

   I think, that if by such clauses commercial risks may be eliminated, that is a better solution than to consider the risk to be zero, just because it can be estimated to come to less than 1/10,000 or 1/100,000 or so.

 

   Concerning the redemption of bank notes, experience has proven that the risk is much greater than 1/10,000. At the moment, I am not able to verify that assertion, my library being burnt.

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   Notes considered as loan certificates.

 

   Certainly you are right if you say: "If I owe B. Pound 10 and he owes me L 10, it were obviously foolish for us  both to pay over L 10 to the other."

   For your, for me and for many other people it would be foolish. But Jevons in his book "Money" (burnt) tells us, that still in the 19th century the merchants of Manchester as well as those of Liverpool - - certainly no blockheads,                  considered clearing as a most unreliable means of paying. Every day a messenger was sent from Manchester to Liverpool, who paid, with notes, for the cotton, brought from Liverpool to Manchester.

   In Germany a law of the Nazi-time is in force, by which banks or any other money institutions are prohibited from creating accounts which are not to be transformed into cash but which can only be used for clearing purposes. From their standpoint the Nazis were quite in the right. Clearing means independence from the State Bank. The Nazis wanted everybody to be dependent upon the State Bank and exposed to economic (or physical) annihilation if the State Bank would not grant him means of payment.

Tyrannical governments do, from time to time, issue such laws. The first seems to have been issued by Chamillard,  minister of Louis XIV.,  after the death of Colbert: His notes had to be used in every private payment for an amount of 1/4. (Obviously, of the amount to be paid. - J.Z.) (I quote from Roscher, "Nationalökonomik des Handels und Gewerbfleisses", 7th edition, 1899, page 325, $ 52.)

 

Interesting is that Laws, as the quoted German one, are not considered to be tyrannical but as increasing stability in trade, and this by the people as well as the average economists. (Marx calls them: Vulgär-Ökonomisten") (And Marx was perhaps the worst of them! - J.Z., 30.1.03.)

("Den Teufel spürt das Völkchen nie,

  "Und wenn er sie beim Kragen hätte." - Goethe, Faust) (Translated somewhere above. - J.Z.)

 

   In judging notes of the old style, the mentality factor cannot be discarded.

 

   One party says: Merchants are so important persons for the community, that they must be endowed with the permission to raise loans from the people in a way, that the people have merely theoretically the choice to escape the raising of the loan, but not in practice. Nobody can refuse notes if there are no other means of payment at hand.

 

   Another party says: There should be no more compulsion in the community than is necessary. A means of payment, based on the clearing principle (such as the certificates issued on the basis of the "Four Bills") should at least be permitted. If they are permitted, then any other principle may compete with the "Clearing Certificates".

 

   Both parties start from a certain mentality, the second from a mentality not very far from Anarchism. (Admitted,

but justified by Benjamin R. Tucker.) Among the authors of the "Four Bills", there was only one, who conceived completely the mental basis of the clearing principle, but he was prudent enough to keep his opinion for himself.

 

   The difference between a note of the old style and a clearing certificate becomes evident also from other considerations.

   To credit belongs, essentially, a time, for which the credit is granted. If the creditor is entitled realise his claim at any time, and if the debtor is ready to realize the claim at any time, without delay, the connection between the two parties is not any more that of creditor to debtor but of claimant to obligee. Zander, in his treatise about railway money explained the difference well. If the railway pays wages and other expenses by certificates which it accepts  at any time for tickets and freight charges, these certificates are no loan raised by the railway from the public. But if the railway issued so many certificates, that the possessor of the certificates eventually must wait until he gets an opportunity to exchange it for a ticket, then the railway becomes a debtor and the ticket-possessor a creditor, and then the sum of the issued (and not immediately usable - J.Z., 30.1.03.) certificates becomes a loan raised from the public.

   This difference may seem to be merely theoretical and "hair splitting", but, in practice it is important and the non-distinguishing does, thereby, announce a mentality quite different from the mentality which distinguishes the two relations.

 

   If in every case the railway, issuing certificates, is considered as really raising loans from the public, or a group of shops, issuing certificates, accepted at the shops as money, is considered as raising a loan from the public, then the possibility of exchanging the certificates against goods or services is merely a collateral security and the obligation to exchange the certificates in this way is a burden, imposed upon a debtor, who is also trustworthy without that obligation. 

Trust of the possessor of the certificates is the most essential element in his relation to the issuer of the certificates.

 

(J.Z.: Only at the moment of accepting them. Essentially, there would be close to certainty that the issuer would accept them for his goods and services any time and could do so. That could be almost immediately tested. As for the right to issue, without thereby burdening anyone else but oneself, spreading rights rather than additional obligations by the issues: Morally, one should be at liberty to oblige oneself to deliver immediately goods and services, to the limits of one's supply capacity, in a technically perfected form, with transferable certificates or accounts, on paper or electronically, without this being interpreted or really being, an imposition, in any way, any burden laid upon others. The own goods- and service vouchers are such IOUs. Their value is judged by others, evaluated and rated and perhaps refused. But if they do accept them, then they are only under the "burden" to claim or collect or accept the offered goods or services. If they do not claim them, then they have no one to blame but themselves. It would be as if they had bought a cinema or theatre or concert ticket and then thrown it away. It is also obvious that no one could cause an inflation with such "tickets" or self-imposed obligations to deliver goods or services, immediately. People will not be ready to accept more of these IOUs than they expect to be able and willing to use, soon, especially when these tickets or goods- or service warrants are also time-limited. And the issuer will not oblige himself beyond his capacity to deliver. Goods and service side do then, obviously and necessarily, stay in close balance with the kind of money or tickets etc. issued and streaming back "for redemption" in goods and services, for all such "private money" issues. - Elsewhere B. pointed out that "distrust" or the "discount possibility" is also an essential part of this monetary freedom system. Any discount, arising out of ignorance or distrust, would accelerate the reflux of these "tickets" for "redemption" into the ready for sale goods and services, and would thereby remove them and the distrust, rather rapidly. - J.Z., 30.1.03.)

 

   But if the issuing is not considered as raising a loan from the public, then the relationship is very much changed. That the existing legislation has not yet recognised the special nature of the here given relationship does not prove the non-existence of such relationships. Trust is now required in no higher degree and of no other kind than the purchaser of a postage stamp at the post office must have in the post's reliability. This kind of trust is different from a creditor's trust, not merely in degree but in kind. The obligation of the issuer to exchange his certificates against his goods or services, is now no more a burden - - and perhaps an unnecessary one - - but, on the contrary, the way of least economic resistance. On the other hand, the obligation to redeem the certificate in gold or whatever the standard of value may be, is not any more essential, although, in the case of a loan it may be an essential means    to maintain trust.

 

   It seems, the complete theory of the here possible relationships has not yet been worked out.

(Freedom for all non-coercive monetary, clearing and credit relationships as well as for all non-coercive sexual and religious relationships! - J.Z., 30.1.03.)

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    My ethic Christian ?????????????????   Firstly:

 

The Christian ethic declines Justice, the word taken in its usual sense, which Christ himself emphasised (Matth. chapter 20 and other passages). But Kant said: "Let Justice prevail, even if all scoundrels in the world would perish" and asserted that this was the true meaning of "Fiat Justitia, pereat mundus".

 

( Excuse me - -  but my Webster does not distinguish Justice and justice. What's the matter?)

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   "… your altruistic pleasure as one among other pleasures ... "

Knohi Sauton !!!! says the Delphian god, and it's much less easy than it seems. Kant asserts that nature will perform its intentions by our actions and for this reason sometimes accompanies them with pleasure and sometimes with feelings of another kind. I think - - and hope to agree with Kant - - that the subsumption of many-

fold feelings, now etymologically subsumed under the word pleasure, is not the best treatment of the different notions from a philosophical standpoint.

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   Glory - - atom-bombs will, probably, in a few years, lay the glorious beside the inglorious, the egoistic beside the altruistic and the clearing house certificate holder beside the bearer of a gold redemption note, if at that time both are not still prohibited, which is the most probably.

   Glory - - I beg you to believe me - - without detailed proof - - that my resemblance to Achilles is very moderate and - - I am afraid - - would not be acknowledged by that great boxer and corpse desecrator.

But: In one point I do resemble him (not equal him): When he said, that it was no glory to be a king among the shadows of the subterranean world, I do agree and add only, that even royal splendour among men cannot seduce the philosopher. If our friends say: He did, what he could, although a weak, mortal man, that's glory enough.

----------------

 

Cooperation. Your conjecture that the dividends attract many women, even in cases where the commodities in cooperative stores are inferior, has much weight. In Germany, some decades ago, people observed the same. Private shops competed then, successful, by granting dividends also, by issuing "Wertmarken" (coupons, value stamps, very small credit tokens - J.Z.), but the government prohibited them, which was unjust and silly.

 

(J.Z: My father showed me once a whole book filled with this legislation and the commentaries on it. Those, who, like him, still tried to find loopholes in these laws, regulations and juridical decisions, had certainly a big job on hand, and, if they temporarily succeeded, then a small segment of the flood of current legislation, regulations and juridical decisions would soon close it again. The same applies to tax laws, protectionism, foreign exchange controls, the remnants of the capital markets etc. Nothing else helps here than individual secessionism, combined with exterritorial autonomy, started by either a monetary revolution or a general tax strike or by people and soldiers seceding en masse from a warlike government and genuine citizen-militias of volunteers, knowing and appreciating all their individual rights that have so far been discovered. Today freedom is not impossible - it is simply outlawed, in almost every sphere. The little that formally remains has still to be fought for, all too often, in expensive and long court battles and even these self-defence options are often denied, e.g., by many forfeiture laws. In all too many respects, we have revived the worst aspects of absolutist monarchism and mercantilism. Somebody should try to make an objective evaluation of the wrongful burdens placed upon American colonialists by English Kings and Parliamentary "representatives" with those which "liberated" Americans have "placed upon themselves" -through their "elected" "representatives". I believe their burdens today, reckoned in gold weight values, imposed labours and prevented opportunities are much larger than they were then. And then they did rise, considering their minor burdens as already too large, compared with the liberties they could still experience at least at the frontiers - of if they choose to join a Red Indian tribe. - J.Z., 23.05.03.)

 

Scarcity of Dollars. Agreed!

 

Unemployment.  Your arguments are not without foundation but the present situation shows that the relations of workers to employers are on an unsound basis.

 

   In Russia the share of the managers of cooperatives in the product is - - I learned it from several articles - - greater than the share of employers in England and in America. That could be o n e reason to transform as many concerns as possible into cooperatives, whose managers are the present proprietors, as long as they live. Workers should immediately have to confront the real barriers for wages, which will be the case only if they are organised in a cooperative. On the other hand, there is no sound reason why they should not get higher wages if there really exists the economic possibility to increase the present wages.

 

   Free Banking is - - I think - - a means to better the state of human society and should not be used, and in that way discredited, in class warfare battles. Free Banking should contribute to apportion, in a just way, the product among workers, managers and the others involved in production. It should not be used to exploit workers by employers or - - I know cases in Berlin - - employers by employees, or to exploit both by commerce (very frequent) or commerce by production, as in countries with price control.

(Fiat justitia, pereat mundus!)

-------------------

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …              4.9.1949.  Your letter of 25.8.49, received 29.8.49.

 

Dear Mr. Meulen,

 

today I find in the Colloquia of  Luther, published about 300 years ago, that passage:

Des Evangelii Art. (The true nature of the gospel.) (The wisdom of the Evangelium? - J.Z.)

 

   "Cassia ist Zimtrinden gleich, hat die Kraft, dass es die Augen purgiert und reinigt, und ist gut wider Ottern- und Schlangenbisse. Ist ein Bild des Evangelii, welches die Finsternis vertreibt und bringet das Licht wieder und ist eine gemeine Arznei, etc."

 

   (Cassia resembles the bark of cinnamon; it has the power to purge and to clean the eyes and is good against stings of snakes and bites of adders. It's a symbol of the gospel, which expels darkness, restores light and is a common medicine. etc.)

 

   From time to time good old remedies are simply forgotten. Is Cassia still known as a remedy for cataract????????  (Obviously this was what Luther meant.)

-----------------

 

Rheumatism. For years it was my habit to drink, before going to sleep, one cup of peppermint tea or two. If I do so now, I can be sure to wake up, 2 hours later, with all symptoms of rheumatism in the calves. Other drinks have the same effect. Some time ago, I had an opportunity to talk about this with a very intelligent lady, who said to me that she had observed the same and since that time drinks nothing for 3 hours before sleeping.

------------------

   I received today

1.) "Truth" of 26. 8. 1949,

2.) "The Economist" of  20.8.1949,

3.) "National News-Letter" of 11.8.1949.

   Thank you very much.

 

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                 5.9.1949.    Your letter of 25.8.49, received 29.8.49.

 

 Dear Mr. Meulen,

 

Colour bar - -  certainly - -  the Hereros were treated by the German government as coloured people generally are treated by the White. I am far from excusing it. What concerns the treatment by the colonists, I heard from several people, returned from South West Africa, that the Negroes preferred a job with German colonists to any other. If that should be true - - and I learnt so many details from my acquaintances, that I am inclined to believe it, they will have done so because they considered the Germans as the lesser evil, not because they loved them or hoped to march together with their masters "to the top of civilisation".

But for me all that is not important. A man is responsible for that which is in his power. He is not responsible for the acts of a government which taxes him, also not for acts of other people who speak the same language as he or confess the same religion or share his prejudices. He may be suspected to emphasise criminal acts or the principles for which they were committed, but not as much as he may be judged by his own acts or words.

 

   As for myself, I am member

 

1.) of the République supranationale, whose founder was H. L. Follin,

2.) of the "Cosmopolitische Union", founded by Werner Ackermann.

 

Both Associations (I joined them a short time before 1933, demanded from their members a declaration that nationality would never be, for them, an consideration to judge men and that, insofar, the member gave up his nationality altogether.

 

   If a Herero tribe would today introduce the mutual banking principle, then I would, at once, beg for the honour to be accepted as an assistant member of the tribe.

 

   If you have an opportunity to read "La solidarité sociale"  by G.-L. Duprat, Paris, 1907, please read at first the chapter "La responsabilité collective". On page 103 Duprat says inter alia":

"La plupart des sacrifices humains sont le fruit d'une croyance universelle à la responsabilité collective dans le cas d'offences individuelles." Duprat further says some most valuable things.

 

   Concerning the Senegal Negroes I do admit that they were perfect gentlemen compared with the SS-men who spread Nazi-"Culture" in Poland and in the Ukraine. And I think than more than 3/4 of all Germans admit it too.

 

   Intermarriage? I know that the people with the longest colonial experience, the Portuguese, favour  intermarriages and with best success - -  the thing considered from a political standpoint. If the offspring of intermarriages are well treated then this is the best support for the white race. If I were a statesman I would favour intermarriages, too.

   But: Are intermarriages in the personal interest of those involved? There are such and such. Here in Berlin, I

knew before the war the owners of two Chinese restaurants. Both were married to German women. Both women were content with their husbands and told me, that they were probably better treated than German wives are by their husbands. From people who lived in India, I learnt that marriages with Indian girls are not to be recommended. The superstition of Indian women surpasses all limits and their mentality - - I heard - - is that of women of the lowest classes in Germany, even if they belong to the Brahman caste. Very good were the experiences with Suaheli girls and women, reported by some of my acquaintances. Their notions of cleanliness are different from German notions but their character is excellent, also they are willing to learn and to accept European manners. One fault is, my acquaintances reported - - that they treated the children of white men too well, with the result, that the children become insolent.

 

   After 1870 a literature came up in Germany which intended to introduce a  "racial mentality" into Germany. The authors had no success. There was never a strike if, e.g. a Negro worked at a German harbour and I know of no example where any couple was troubled because one partner was coloured, except during the Nazi-time. But the Nazi-Literature itself confirms that "racial mentality" was not a feature of the German race, or more exactly spoken, of 9/10th of it. (Antisemitism set apart.) Goebbels and many others repeated constantly that Germans

must now begin to think in racial notions and that it must be the aim of the NSDAP to "educate" the people in this sense. In the South of the USA such admonitions would have been very superfluous.

 

   One of the reasons for which the Germans in the USA were hated and in contempt and still are is: At the slavery time (before 1863, when Lincoln freed all slaves) and later, the Germans did not exclude the Negroes from their

circles. And more: When a slave fed, he tried to come into a district where Germans lived. There he was sure not to be betrayed. Often the Germans liberated a slave whom the American police had captured. On this I read some stories.

 

   At present my impression is, that the American Negro-Soldiers are much more welcome among the Germans (girls included) than the Americans themselves. I would not say this if my acquaintances did not get the same impression.

   (An aside: In May, when the Blockade was finished, but from time to time the Russians captured trucks with cargo, the American Military Government one day sent some Negro soldiers with each truck. All were men of 6 feet and strong as buffaloes. The Russian soldiers, obviously, had never before seen Negroes and were so terrified that the formalities, normally taken hours, were this time fulfilled in less than two minutes, for more, than 100 autos.)

 

   The propaganda against the Senegal-Negroes in 1918 and later, was the work of a very small group but well trained in propaganda. What I heard personally at Mühlheim on the Rhine was: The Negroes and the Moroccan Soldiers were much better than the French themselves; nobody had expected this.

(J.Z.: They should have. France was partly occupied and a battle-zone for years, while Negroes and Moroccans, like many Germans after 1918, had experience with French colonialism. Moreover, Negroes and Moroccans, as such, were not attacked by German forces, at least not in their home-lands. Naturally, under their conditions, they were part of the French forces. - J.Z., 31.1.03.)

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   Dismantling in Germany, Victor Gollancz and the "Jew-Question".

 

   English politicians should read the "Principe" of Machiavelli, chapter 5, last sentence. There M. speaks of conquered States and distinguishes - - very well - - conquered republics and other States. He says:

   "In conquered republics, there is always much hatred against the conquerors and the lost liberty will never be forgotten. Therefore, the conqueror must destroy them or chose them for his residence."

Another passage of the same chapter is:

   "Who becomes master of a community which before lived in liberty and does not dissolve the community may, with certainty, expect to be ruined by the conquered community."

 

   History confirms the opinion of this old expert. Napoleon says in the "Mémoires de Saint-Hélène", that his      fault was not to destroy Prussia. He had reduced the country to 4 millions of inhabitants, and commanded himself  more than 50 millions even after his defeat of 1812, and, nevertheless, it was that little Prussia which destroyed his power or, more exactly spoken, decided the issue of the war, begun 1813.

 

   For English politicians it is now too late to destroy Germany. Therefore, only the second of the Machiavellian possibilities remains, that is, an essential part of the English Government must be removed to Germany and the Germans must be treated on and equal footing with the English subjects. Every other measure means the third possibility of Machiavelli, that is, destruction of the English power with the help of Germany. The help may be forced - - as it certainly will be - - but it will be no less effective. Remember the role of Czecho-Slovakia in the last war. Her factories worked against England and the workers sympathised with England and daily heard the BBC. The latter was quite unimportant.

 

   What the English politicians do now, is simply craziness. The dismantling of German factories will not prevent one English town from being destroyed once the Russians (the Soviet regime! - J.Z.) begins the next war and will not even retard the occupation for one hour. But the dismantling will diminish the resistance of German workers if the Kremlin transports the to Russia or Siberia. There the German workers will make guns, V2 rockets etc., not to talk of atomic bombs.

(On a gut level, the former workers of the dismantled factories will see this as depriving them of their jobs, i.e., their means to survive. Even a cornered rat will tend to fight. - J.Z., 31.1.03.)

 

   Stephen King-Hall, in his "National News-Letter" of 11.8.1949 says quite rightly, that the 100, 000 English soldiers now in Germany are as good as nothing. - If there are not at least 1 million of English soldiers, 1 million of Americans and some 100,000 of Germans, then there is no real power to stop the Russian attack. These numbers may seem fantastic but the real number of Russian soldiers immediately behind the "Iron Curtain", is hardly less than 3 millions, which the English politicians should know as well as others know it. The German part of the newly created army must be treated so that it is not tempted to play the role of the Prussian Army under Yorck, who concluded the celebrated Convention of Tauroggen with the Russian general Diebitsch, on the 30th of December 1812.

   I do admit that it is useless to talk about this. English politics is made by people like Vansittard and Bevin, who know as much of history as of monetary theory, that is: Nothing.

----------------

 

   I forgot the name of the German professor (a Jew), who fled at the Nazi-Time to England. He was one of the best atomic-theorists. In the England of the year 1939 he was considered as a "German", and, really, the "German" authorities had taxed him, his language was German and his passport announced him as a German citizen. The English - - quite logical and applying the old biblical principle of collective responsibility (The subjects account for the acts of the government that taxed them and gives them passports) - - would lock him up in a concentration camp. The professor must be a "German". But, unluckily, the professor did not share the English views on collective responsibility, fled to the Russians and was very well accepted there. He built up the factories for Russian atomic bombs and some weeks ago the seismographs in the whole world announced that he had been quite successful. (I attach a clipping which Rittershausen sent me.) The earthquake that came from the Kirghizian steppe announced the beginning of a new epoch of history or - - perhaps - - the end of history itself. That was the practice of the theory of collective responsibility.

------------------

 

Victor Gollancz is no adherent of the collective responsibility principle. That places him very high above his contemporaries. Their greatest part is unable to emancipate themselves from that principle. Maybe V.C. was born as a Jew. I think that now he is no longer a Jew but belongs to the little community of men where nobody is        asked: "Where do you come from?" but "Where do you go?" - to quote Nietzsche.

   What V. G. says is quite right: "…  time is desperately short - a matter not of years or months but of weeks and  days."

---------------------

 

   Stuart R. de la Mahotiere is one of those, who cannot see and therefore cannot judge the real situation. He says: "… Suffice it to say that if full national sovereignty is restored - - as one day it obviously must be - - …

"Stuart R. de la Mahotiere (his name lets conjecture that his ancestors belonged to the people who, under William      the Conqueror played the role which the Russians will play with the help of  20,000 aeroplanes in one of the next years) is very much mistaken if he thinks that one day national sovereignty (as the word is now understood by average politicians) must be restored. On the contrary, that restoration must be prevented by all means. What now must be restored that is the old national unity of the emigrated Saxons (Hengist and Horsa - - the story seems to be true) and the Saxons who had remained in Germany. If that aim will not be attained, then Machiavelli will be in the right and England is lost (in any case as a State, but, perhaps, also as a society) and it will be a bad consolation that Germany will be lost too.

 

She will be lost with dismantling and without.

 

   St. R. de la M. says: "In seeking to adopt a Christian solution to the German problem, Mr. Gollancz does, apparently, overlook the necessity of doing elementary justice to the victims of German aggression".

   He does not perceive that nations are no persons but notions. What a nation is, depends upon military successes  of people forgotten today, on marriages of kings, on literature or religions. If Clovis would not have defeated Syagrius, then married the Burgundian princess Clotilda, then become (by the influence of this princess) a Christian, then defeated Alaric II of the Visigoths, there would never have existed a French nation. If Egbert of Wessex would not have conquered the seven kingdoms of the Anglo-Saxons, there would never have been an English nation, and Stuart R. de la M. would be executed for his opinion, that a man of Northumberland should

consider a man of Kent as his countryman. If that is admitted, then there never was a German aggression. There was a Hitlerian aggression. And there was never an English attack on Berlin, on the 22.11.1943, by which my house, my library and some other things were destroyed, but there was the obedience of some unlucky pilots, who were no more responsible than the soldiers at Jerusalem, who crucified Jesus Christ and of whom one can only say:

   "Father - - if you exist - - forgive them, they do not know what they are doing."

 

   Yes - - if we had the right religion, the Germans, who followed Hitler, would have killed him before he could do harm and the English soldiers, who were ordered to destroy Berlin, would have refused to obey and then both would have founded a new order of things and everyone who demanded a continuation of the war would have been sacrificed on the altar of the goddess Pax. This edifying scene would have been filmed and reproduced every year for the great pleasure of the newly created nation of Pacifists. But this religion is still to be created. (Please - - the idea is not mine - - I talked about it 50 years ago with revolutionaries who sought for such a religion.) Let me here remark, that if I had studied for many years the philosophies of Kant and of Schopenhauer, it was because       the seemed to contain elements of such a useful religion.

   But - - the religious side set apart  - - it is sufficient to consider humanity as one nation to whom its real unity is concealed by the nationalists. If this consideration becomes universal, than reparations by any "nation" would seem as "reasonable" as if the Germans would demand reparations from the Mongol republic for the aggression of the Mongols and the burning of Breslau in the year 1241. The Mongols of today are proud to be the real and worthy successors of Genghis Khan, may they pay for that dignity! Or - - if they decline - - they may tell us, at what age the children of conquerors are no more responsible for the crimes of their fathers (or, if the mothers worked in ammunition factories, of the mothers too).

-----------------

 

   I read with interest the article of Eric Blumenfeld, too. He is a German nationalist, but good-natured. I - - an

anti-nationalist must decline his arguments.

-----------------

 

   That's all "theory" - - well, well! But the next attack of Russia on Western Europe is no theory; it would be impossible without the "practice" of experts like Stuart R. de la Mahotiere, of Lord Vansittard and such people. (There are Germans enough of the same rank - - you know them as well as I do.)

(J.Z.: Really only: One false notion attacking another false notion, not directly, because that is impossible, but by means of people who are foolish enough to believe in the reality and the worth of such abstract notions and who align themselves accordingly, to slaughter, suppress or exploit each other. - J.Z., 1.2.03.

-----------------

   You took the trouble to copy my letter, reproduced in your letter of 8.8.1949 to the editor of the Times. I am quite touched. But the situation is now such, that the course of history (or the end of history) cannot any more be stopped.

"Fate show thy force: Ourselves we do not owe,

"What is decreed must be, and be this so."  - Shakespeare, 'Twelfth Night", Act I, end.

 

(J.Z.: How fast could alternative sound ideas actually be spread and unsound ideas be effectively refuted - IF we made the fullest possible use of all affordable and efficient as well as lasting alternative media? - J.Z., 1.2.03.

-----------------

 Very faithfully Yours - signed: U. v. Beckerath.

 

I hope to write, in my next letter, some words about the "Jew-question".

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                              7.9.1949.   My letter of  6. 9. 49.

 

Dear Mr. Meulen,

 

you will   have read  in English  papers about what happened in Berlin  when the Film "Oliver   Twist" was to be shown. A number of well-armed (Polish) Jews closed the theatre, treated the visitors pretty badly and hurt a number of policemen. Their courage must be acknowledged, and if, under the influence of old antisemitic propaganda, there were, still people who believed the Jews to be cowards, they were disappointed in a very disagreeable manner. Since these days the Jewish activity has much increased.

(J.Z.: The last sentence is literally B.'s English. I do not know what he referred to here. Probably militant and well organised young Jewish activists, sensitive to over-sensitive to any real or imagined slur upon their good reputation. When I arrived in Australia in 1959, I found them very active e.g. on the open air speaking centre in Sydney's "The Domain", on Sunday afternoons. Later, they did not bother anymore, possibly because they had run out of opponents. Among some under-educated Germans, the Jewish in Israel people earned respect more for their military victories over Arab forces than for their immense cultural achievements all over the world and especially in Germany. - J.Z., 1.2.03.)

I enclose here a cutting from the "Tagesspiegel", from which you may see, that it became really dangerous to utter in the streets anything that may be interpreted by the "activists" among the Jews (most Polish) as antisemitic. It is the same with literature. Books or other literature, considered to be antisemitic by the activists, cannot be sold in Berlin.

(J.Z.: Perhaps it is good that the memory of past atrocities is kept alive even in this form and by laws like the Berlin one, which imposed a prison sentence of up to 2 years upon any mere antisemitic remark in public. I cannot blame these activists and such legislation. However, they neither enlightens these activists and their sympathisers and the antisemitic or other racist offenders, sufficiently, e.g., about the wrongfulness and absurdities of collective responsibility and of territorial absolutism or majoritarianism, whether practised by Nazis, Jews, Chinese, Indians, Negroes, Red Indians, Japanese or any other racial, ethnic, national religious or ideological group. - J.Z., 23.5.03.)

 

   I had an opportunity to talk about these matters with two Jewish families I know. They are still more terrified than their German friends are and assured me - - what needs no proof - - that the greatest part of the Jewish community (about 7,000 people - - before 1933 about 300,000 ) would prevent it if they could. But they cannot. They see as clearly as we do, that the effect must be:

 

1.) Many people, who until now were friends of the Jews or were indifferent, now become antisemites. I say: Friends of the Jews. It must not be forgotten, that many thousands of Germans were brought to the concentration camps simply because they did not stop their intercourse with Jews or helped them as far as possible. My impression is that the number was greater than the number of the imprisoned Jews. But here I may be mistaken and a statistic about the two numbers is impossible.

 

(J.Z.: That was in the early stages. Later there were mass arrests and deportations of Jews into the concentration and extermination camps. But the first few hundred thousand inmates of Nazi concentration camps were not Jews but other opponents of the regime. I read in a Berlin paper that about 5,000 Jews survived in Berlin, hidden by their friends. Personally, I know only about one of them, his Christian wife and their son, who was for a while my friend - and introduced me to cigarettes and the black market. That Jewish husband and father was hidden, under extreme and efficient precautions, for many years in their flat. My mother, formally a Nazi party member, and working as a lowly secretary in a Nazi propaganda department "Reichsamt fuer Schrifttum, was its official name, I believe, also hid some of them, and other illegals, temporarily. All visitors staying for more than 3 days had to be reported to the police - or were reported by other informants. - Those, who hid them, did risk not only their liberty but their lives and those of their families, if found out by the regime. - J.Z., 1.2.03.)

 

   I speak here of average people. The opinion of others will not be altered, neither by any antisemitic propaganda, nor the acts of the last weeks.

 

2.) As soon as the foreign military police in withdrawn, the Jews will be hit as at the Nazi time. (A few hours later, the Russians will have occupied whole of Berlin and will have a good moral reason to do so. But the Berlin people prefers an occupation by the Western Allies. I do hope, that the military police will not be withdrawn as long as I live. The new attacks will be executed by no more people than those Jewish people, who attacked the cinemas some months before. But the first impression - - of course - - will be that the whole of Berlin organised a pogrom. The situation will be the same as in September 1792 in Paris, when a few hundred fanatics began the "September-murders". The first impression was, that the whole of Paris was engaged in them and in some books it is still described in this way. But at last Péthion stopped the murders, with very much snap (energy? - J.Z.), some suitable words and a few National Guards.

 

(J.Z.: Now I wonder, whether this whole affair was not organized by the Soviets in order to achieve what they failed to achieve through the blockade. I vaguely heard of a similar plan later on, before the Berlin Wall went up. They wanted to send many agents and provocateurs to West Berlin - - to organise something that would seem to be an uprising of Nazis, with the intention to publicise that as if it were a popular uprising and then to march in, "to restore order". If well managed, this kind of show could have been successful and deceived world opinion and would have, seemingly, justified their occupation of West Berlin, whose few liberties were very felt like thorns in their skins. - Maybe it will take still further decades before the full truths on these affairs will be revealed, to the extent that they are still recorded somewhere. The appeal of Neo-Nazis to West Berliners was so low that, when my girlfriend, of Jewish descent, and I, with all our sympathies on the Jewish side and that of other opponents of the Nazis, just out of curiosity, once went to a well advertised propaganda meeting for them. We found, in a large hall rented for this purpose, just the advertised speaker and we two were the only ones, quite temporarily in attendance! We had a few words with him, noticed his ignorance and prejudices and left him to meditate by himself. - J.Z., 1.2.03.)

---------------------

 

   It is said - - and I think, rightly so - - that some Americans protect these (intolerant and violent - J.Z.) Jews. They do not know what they do.

---------------------

 

   The lesson is: Nationalism is the same, whether Nazi or Jewish or any other.

--------------------

 

   Western papers state that German nationalism - - apart from the Jewish-Problem - - is growing. That is also my impression. But this growth was inevitable.

 

   Before 1945 Internationalism and Cosmopolitanism were wide-spread in Germany. I estimate that about 1 % of the people were more Internationalists than Nationalists. 1 % may seem very few, but in other countries the percentage was certainly much lower.

   Already in the year 1793 the German philosopher J. G. Fichte demanded from the then existing States the permission for Non-Etatists to create their own social organisations, not subject to national military laws, and said, that the by then existing Jewish communities could serve as a model. (Fichte, "Considerations about the French Revolution".)

In the year 1913 the movement had already considerable influence and the "Syndicalist" Trade Unions (with about 20,000 members) supported it. After 1918 the movement still grew. Its history is still to be written.

 

But what does the average man say now, if he hears talk about Internationalism? He says

   Internationalism is swindle. The swindle began with Wilson's "17 Points". (He does not know that the German Chancellor, Michaelis, publicly refused to accept these "points" in the Reichstag.) The League of Nations was a continuation of the swindle. It protected not one attacked nation. (He says this, because he does not know the real history of the time 20 years ago. But the impression of Mussolini's attack on Abyssinia was really deep and the indignation about the failures of the League was great.)

 

Communists pretended to be Internationalists. But what did Soviet-Communism do? It allied itself with Hitler. Later, during the war, the German soldiers were appealed to, by Soviet leaflets, to leave the German army and to come to the Russians, where they would be well treated. Even immediately before the Occupation, Soviet leaflets, thrown down in great quantities by Russian planes) spoke much of internationalism and "Proletarians of all countries, unite!" - No comment is necessary.

 

And the British Labour Party? Is it not - - the average man says - - a socialist party and, insofar, an internationalist one? And by what government is dismantling mostly carried out?

 

The average man says still more of the same kind, which I need not report here.

 

   Then one of the few still remaining Cosmopolitans, like myself, may answer: Well - - Internationalism must be created. It is not so, that the failure of the old Internationalism proves the necessity of a new Nationalism. - You may imagine the answer of average people.

 

   Further, it may be mentioned here, that not a few of the old Internationalists thought much of the Jews, precisely for the reason for which the Antisemites attacked the Jews: Their Internationalism. And I knew some Jews who really said: For us Internationalism is a national task, and consequently they rejected Zionism.

-----------------

 

   That's all over.  For an average German and, especially a German youth, who learnt nothing about history, all warnings by National-Socialism about Internationalism now become true!!

   Cosmopolitans - - like me  - - are now really in the position in which Bismarck placed them: In the position of a race among the Germans, the Slavs, the Roman, etc., races. Lost sentinels - - it seems.

------------------

 

   We are "visionaries", and the others are "practitioners" - - of course. Their  "practice" has led them to the point where on the one side in the Kirghizian Steppe and on the other side in some suitable place in Nevada, or wherever it may be, on the other side, atomic bombs are waiting to speak their word, which is: Away with these beings, the ones too blocked and the others too cowardly to deserve a better life than they had. Atoms will replace both by their Cosmopolitanism. (B. used, mostly, not always, "cosmopolitism" instead. - J.Z.)

--------------------

                Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

Clearing-House-Certificates used In the Currency Famine of 1893 (See: John DeWitt. Warner, "The Currency-Famine of 1893", Sound Currency, years 1895 & 1896, were essentially the same as W. B. Greene's notes, except that these Certificates were not used (very wisely) for long term loans.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 

 

Russian Revolutionaries ask: Is there a system that enables us to emancipate ourselves, within an hour from the Soviet Central Bank? Is Free Banking (model 1934) such a system?

Answer: No! It requires some time to be realised and requires conditions not given in the Russia of 1949.

Is the System of Warner suitable?

Answer: Yes, it is quite suitable. In the USA (by far not merely in New York - - much more in small communities - - ) it was realised, sometimes within a few minutes. Use it too!

---------------------

Bth. 7.9.19490

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                    9. 9. 1949.

 

Dear Mr. Meulen,

 

in "Truth" of August 26, 1949, A. K. Chesterton published an article: "Who Is For Britain?"

My modest reply to your question: "What do you think about this article?" is: This article displeases me very much.

 

   The heading: "Who Is For Britain?" represents the British members of the Strasbourg Assembly as men who are    not for Britain. Does Chesterton himself believe that they really are not for Britain? If - - per impossibile - - there would arise a situation, in which Britain's future would depend upon the readiness of every member to sacrifice his life at once for Britain, say: a situation similar to that in which Decius died for Rome, does Chesterton doubt that every member, at once and without hesitating one minute, would sacrifice his life?

 

(J.Z.: A typical "ad hominem" exaggeration by B. towards M. In Britain, too, there are many who would rather let millions perish than risk their own lives. All too many do hate "their" government or what they believe to be the ruling "society", so much that, for various reasons, that they would be glad about the whole country and all its people perishing. All "nations" contain many such "Catiline existences" and will go on producing them, as long as they try to continue as territorial nations, with their inherently numerous dissenters, who would rather like to drop out and to their own things to and for themselves. - We live in a world in which numerous terrorists strive to get their hands on mass murder devices and many of them, those officials in power in all too many States, have already succeeded in this. But they deny their terrorist practice - and all too many believe them, in spite of e.g., the practice of MAD (Mutual Assured Destruction) policies carried out for decades and multiple "over-kill" stocks of anti-people "weapons" or mass murder devices. - - J.Z., 1.2.03.)

 

   Chesterton says: " Never before has there been a betrayal at one and the same time so well intentioned and so grievously damaging to our national interests as that which has led to the Strasbourg Assembly."

   It is Chesterton's good right to assert and try to prove that the aims of the Strasbourg Assembly damages Britain's interests. But he has no right to speak of betrayal.

 

   Chesterton quotes the words of Livy: "That State alone is free which rests on its own strength and does not depend upon the will of another."

   Livy is quite right, but does Chesterton really believe that the British members of the Strasbourg Assembly did not know - - I will not says old Livy - - but the truth he stated ?

   The members took into consideration what Chesterton ignores (does he really ignore it? He seems no blockhead)               and that is:

   England has 50 millions inhabitants (thanks to Malthus - - she could have 100 millions at least) of whom a part sympathises with the Kremlin.

   The Kremlin commands 200 millions of Russians (J.Z.: and over 100 other ethnic groups, not to speak of others! - J.Z.) (thanks to her anti-Malthusian mentality), 100 millions of Poles, Czechs, Romanians, Bulgarians etc. + 300 millions of Chinese today and 500 millions tomorrow. In such a situation England is no more free. The question is  only to keep as much freedom as possible in this situation. It may be that the Strasbourg program was not the best to keep as much freedom as possible for every member of the to be created anti- soviet organisation. But, certainly, it was a good start. Reform, if necessary are possible, and if Chesterton will be so kind as to propose such reforms, he certainly will be heard.

 

 Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                      14.9.1949.  Your letter of 8.9. received yesterday.

 

Dear Mr. Meulen,

 

my letters to you in August were dated from: 1, 2, 3, 4, 5, (5 bis), 7, 8,  9, 10, 13, 14, 15, 17, 18, 19, 20, 22, 28, 29,  those sent to you in September: 3, 4, 5, 7. I forget to send the time to read all that. Your letters were of 11.8., and 25.8.  In September I received the above-mentioned of 8.9. I confirmed the receipt of your latter of 25.8. in my letters of 3.9., 4.9.,  and 5.9. I do hope that you received all of them in the meantime.

----------------

   I thank you very much for your kindness in giving me an opportunity of publishing an article about Malthusianism in "The Individualist". But you will have the trouble to translate it from my pigeon-English into real English. I will try to write the article as soon an possible."

(J.Z.: Why couldn't Meulen, as editor, simply have extracted enough paragraphs from this extensive correspondence and edited it sufficiently, to eliminate B.'s English mistakes? He would certainly have done a better job of this than I have tried to offer with my "improvements". - J.Z., 1.2.03.)

---------------

 

    I share your opinion that profit-sharing is to be rejected. Your reasons are quite right. Profit-sharing is far less than an "Ersatz" for Cooperation, it is bad in itself. Most workers refuse it and rightly so.

 

(J.Z.: B. and M., apparently, did not distinguish here between "profit-sharing" as a result of the purchase of shares of the enterprise and "profit-sharing" as either a gift or a compulsory sharing of profits of an enterprise, nor between "profit-sharing" of insignificant amounts of profits and of very significant ones. Experience has shown, that from the moment that rightful incomes from profit-sharing, through rightly acquired shares, exceeds ca. 20%  to 30 % of the income of a worker or clerk, then and only then does their "employee-mentality" begin to disappear and they begin to act rather as responsible partners or cooperators or co-owners or partners. - J.Z., 1.2.03.)

 

   You write: "You may say that there is no hope of Free Banking before a Communist Revolution makes slaves of us all."

My opinion is, that if Western Europe, too is overwhelmed by a Communist Revolution, then the ideas of Free Banking will for be forgotten many centuries, just like Aristarch's heliocentric system was forgotten for centuries, when the economic interest of the priesthood seemed endangered by this system.

On the contrary: I doubt whether the revolution can be avoided if not at one place in the world, and may it be ever so small, Free Banking is practised (or Mutual Banking - - which in my opinion does not essentially differ from Free Banking). The world, and especially the workers, must see what Free Banking can perform and interested parties must get the opportunity to investigate the details of a Free Bank. If I would live in England, I would try to start a Mutual Bank, which is - - as you found out - - permitted by the English laws.

(Here, too, Meulen seems to have been misinformed! - J.Z., 1.2.03.)

 

   I would also try induce unemployed to lease shut down firms. I would counsel them to pay the rent with "purchasing certificates" such as:

   "This ticket is taken for 5 shillings at the shop XYZ if goods or services are paid with them."

I would also counsel them to pay with such tickets for their victuals, clothing. etc.

 

   In the first days the tickets, of course, would be at a very considerable discount, and a ticket of the nominal value of 5 s. would be accepted only as 3 s. or less. But once people become aware that for these tickets goods can really be bought, which, in other shops do cost 5 s. cash, then they would exert a demand for these tickets and, after a week or so, the tickets would be bought for 4 s. 11 p. The loss of the first week must be considered, by the workers (founders, rather? - J.Z., 1.2.03.) as "first establishment costs", which every new enterprise must bear.

 

   There is - - of course - - still something to be said about the provision of raw materials.

----------------

 

   To English workers applies the Spanish proverb:

"God gives almonds to those who cannot crack them."

(The liberty of issuing purchasing certificates not redeemable into gold being, in this case, the almond.)

----------------

 

   The "Observer" of 17.7.49. publishes an article which the paper "Die Brücke" translates under the heading: "Das Recht zu streiken. "(The Right to Strike"- J.Z.) ("Die Brücke" is the paper of the British Information Centre and very well edited.) The "Observer" states: In cases as the dispute of the dock-workers there is, socially, no right of striking. On the other side: How to settle the dispute so, that both cases get the impression: The settling was

just? The solution is simple: There is no right to strike.

But if it is necessary to dispossess the workers of the right to strike, then there must be for a right for them to take over the shop (or whatever it may be) as a co-operative.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 

 

   Does Nature think??? Certainly it does not.

   Does nature act in many respects as if it thinks? Obviously! Better philosophers than I have said here what one could say.

   Is nature conscious of the presence of man? Perhaps it is conscious, like we are of - - sit venia verbo - - a  flea,

even in deepest sleep. (Perhaps it is not - - what do we know!?) In no case (or in almost no case) is nature conscious of individuals. But it cares - - we do not know how - - for the race as all naturalists state.

 

   Some of the blunders of nature in creating men are:

 

1.) Nature did not endow man with the faculty that every ant possesses: If there appear enemies of the race then ant attack the enemy and does not care for its life. Every ant acts so and without hesitation. But man does act so. If there appear Hitlers, Genghis Khans and such people, men do not rush at him but behave as cowards. Baboons display much more courage. - Why did not Nature equip man with as much courage as baboons possess? Their example proves that it was in the power of Nature. That Nature failed here, I consider as a blunder.

 

2.) Man's faculty to compare present evils with future advantages is too feeble. Always man overestimates present evils or - - if future evils are to be compared - - he underestimates these evils and overestimates present goods or states. Also man's notion of probability is not sufficient.

 

   If people like Hitler declare: I hang everybody who dares to speak about my person otherwise than in     expressions of highest esteem, they will do so, even if they clearly see that the "leader" will sacrifice much more than 3/4 of them for his purposes. Everybody thinks: Oh - - there is still some possibility that I will be saved. I continue to glorify my butcher. It would be easy to enumerate animals with a better mentality, whose existence proves that such a mentality war not without the limitations of Nature's Power. The lack of the right mentality

(which jackals possess ) is the true reason for which the majority of men always lives under tyrants. That Nature    did not endow man with that mentality, I consider as a blunder of Nature.

(B. often used to say that even the usually so obedient dogs tend to run away if they are frequently beaten. - J.Z., 2.2.03.)

 

There are still other blunders of Nature as it created men.

----------------

Very faithfully Yours - signed : U. v. Beckerath

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                            15.9.1949.

 

Dear Mr. Meulen,

 

yesterday I received the "New Generation", August 1949 edition, which you had announced in your letter of  8. 9. 49, the "National News-Letter of 25. 8.1949,  "Truth" of 2.9.1949 and the "Economist" of 27. 8. 49. Thank you very much.

                               

   The Economist's article "National Enterprise in Spain" is interesting. Remarkable the tendency to transform State enterprises into private ones. It reminds me of the same tendency in Tschiang Kai Shek's China, where also, not a principle led the government but the simple fact that the officials, instead of producing goods, produced nothing than corruption and deficits.

(J.Z.: There were, possibly, some happy exceptions. I heard a story of an aircraft factory set up by Goering in Spandau, a suburb of Berlin. It was well supplied with all the raw materials required and plans for the planes, machines and skilled labour - and, nevertheless, did not produce a single plane for the Nazis during the war. Instead, it supplied the black market, e.g. with pots and pants. I do not know whether this was true or false. Anyhow, Goering was sufficiently disliked for such stories to be gleefully heard and passed on. - Naturally, Nazis would have classed this as corruption and a great crime and loss, but others? - J.Z., 2.2.03.)

 

   A rich man should invite China's scholars to collect the known facts in Chinas history where officials, endowed, with much power (not postmen and such people) did not misuse their power but, on the contrary, governed well. For the best collection - - indicating the sources from which the facts were drawn - - he should promise a reward. I am convinced that the book so crowned would be a very small volume.

 

   At the time of the emperors it was not unusual - - I read - - for the guilds to pay the officials, sent from Peking,

so that they would not govern, but remain in their Yamen, amuse themselves and smoke opium. This pension ceased with the first act of administration fulfilled by the official. And then the guilds governed themselves.

(J.Z.: If such officials were ever caught, they could have excused themselves as having acted in the sense of Laotse's traditional "Taoism", namely, by "non-action", or, as we would say now, by a consistent "laissez faire" or hands-off policy to promote progress and wealth. - J.Z., 2.2.03.)

 

   The article "Imports into the United States" deals with the American advice (to England - J.Z.) to export more to Europe, to "fill the Dollar gap". Free Traders, who conceived the last and best consequence of Free Trade, present a much better advice:

 

1.) May the Americans puzzle their own brains in their own affairs. They want export and know very well what unemployment means politically. England is ready to admit exports from America. It is not England's worry to care about the kind of payment.

 

2.) May the English decrees, as well as the American ones, which compel the English to pay in Dollars be repealed. (Then the monopoly of the Bank of England to provide the means of payment for external trade is to be broken. No  pity!)

 

3.) May England offer, as means of payment, English money and purchasing certificates which are made good in commodities and services (Milhaud System). Such certificates can also be drawn in Dollars, provided an absolutely free market in Dollars exists.

 

   This system having been introduced, the next day a strong pressure group arises in the USA and anywhere else, to reduce import duties as much as possible. Why? Simply so that the value of English means of payments in

the hands of Americans may become as great as possible. American consumers will join the American importers, and in some years - - I estimate 20 or so - - American import duties will be abolished.

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Very faithfully yours - signed: U. v. Beckerath.

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U. v. Beckerath, …                                                                                                 16. 9. 1949.

 

Dear Mr. Meulen,

 

the New Generation reproduced at page 59 an excellent article of the Daily Telegraph of 1. 8. 49.

 

   "In the July issue of the County Clarion, the official organ of the Surrey Federation of Labour Parties, Mr. Tom Braddock, M.P., writes: 'The workers of this country have agreed that they want for themselves all that they produce, all the wealth of the country, all the food, all the housing, all the clothing. Their legitimate needs can only be satisfied by all; there is no surplus for the cultured few, for the royal and noble few, for the wealthy few. All these must be stripped of their rents, of their interest, of their profits and of their inflated salaries and expense accounts.' "

   The Daily Telegraphs answer is very good. But something may be added:

 

1.) Braddock's standpoint is that of John Cade in Shakespeare's "Henry Vl." It was never the point of view of scientific socialism - - the word taken in its original sense, not in the sense of "State socialism".

 

2.) In Russia - - with which Braddock seems to sympathise - - brain work is highly esteemed and very well paid. Much can be said about the Soviets which must diminish the sympathy for them in the world, but they are not crazy. They have been able to learn from experience and still learn from it every day. The West must not underestimate them. So the Soviet theorists acknowledge labour whose exchange into goods is delayed (in other

words: savings) as labour. It is, on principle, acknowledged, that the share of that labour, in the products it helped produce, should be just. Consequently, interest of Soviet savings institutions is surprisingly high, now, at many institutions, 6 % p.a. or so, as I read. Some years ago it was 10 % in some districts; where the yield of "saved" labour was high enough to make such an interest possible.

 

   The brain work of factory managers in Russia, as many observers believe - - is better paid than the corresponding income of factory owners in the West. Here one must take the payment of an average worker as a measure, not the standard of living of the managers, although this standard is now no longer far from great luxury.

But the Russian manager - - it is true - - cannot buy diamonds, gold watches and such things. Also his lodging is not so well equipped as an English lodging of an average employee. But the Russian manager eats very well, sits every evening in excellent theatres and often works no more than 10 months in a year.

 

3.) A mentality like that of Braddock can only arise under the wage system. If the national labour would be organised in a cooperative form, then brain labour would at once appear as what it is. A cooperative, which does not engage good managers and, correspondingly pays them well, loses a multiple of that what it saves by paying the manager like an average "hand". Such experiences must be gained.

 

                                     Very faithfully Yours - signed: U. v. Beckerath.

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U. v. Beckerath, …                                                      17.9.1949.  Your letter of 12. 9. 49, received today.

 

Dear Mr. Meulen,

 

I thank you very much for the clipping from the "Times", headed: "Some technical terms in common use". I will return it in two weeks or so and attach a German translation of the terms.

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Collective responsibility.  If there should exist a logically and philosophically well founded apology for this  principle, I am ready to accept it. Until now I found no apology; everywhere it's validity is supposed as self- evident - - in the Bible (one exception, 5 Mos. 24, 16). In the whole modern political literature of all nations (very few authors excepted), and in daily talks of educated and of not educated people. If the principle is morally well founded and its application to the ci-devant subjects of Hitler is morally possible, then those, who oppose the extermination of these subjects are still too moderate. He, who really is an accomplice of a murderer, must be killed, as well as the murderer himself.

 

   If I should get a book that defends the principle of collective responsibility, I will set aside all other occupations and do nothing than to study the book. I would expect from such a book inter alia:

 

1.) A clear definition of the notion "collective" in its moral application.

Are only subjects of governments collectively responsible?

Does there also exist such a thing as a class collective responsibility?

And how long must a man have been a subject of a government or a member of a class or group, so that he must share the collective responsibility?

Are the children collectively responsible? (Marat said: Yes! and demanded the killing of Lewis XVI. children, "the young wolves of tyranny".)

If not, at what age shall their collective responsibility begin?

Class or group collective responsibility deserves special attention. (Example, where ever experts of the principle were in doubt: The subjects of the Saar territory asserted: We are not collectively responsible. We were only governed for a few years by Hitler. It seems that this standpoint is now internationally acknowledged, although the Saar elections were for Hitler.)

 

   You will remember the trial of Tatiana Leontieff at Luzern, where she shot a Swiss "bourgeois". (She was the daughter of a Russian general, if my bad memory does not deceive me.) Tatiana was a student at a Swiss university and adherent of a revolutionary group. Before the jury she declared: The man I shot is here unimportant. I do not know him personally. But he is a member of the ruling classes and insofar he shares the responsibility for the misery of the proletariat. He did nothing to change its economic conditions. It was my intention to show the proletariat what to do with its rulers. I do not care for my life, worthless in such an economic order. In the canton Luzern capital punishment is (or was) abolished. She was imprisoned for life. (She died, in madness, in prison.)

A short time before or after, another young student, Sinaida Konnopliennikowa, shot the Russian general Min, whom she accused of being responsible for the military suppression of a strike.

 

But the most remarkable example for the application of the principle of collective responsibility is, perhaps, the murder of the empress Elisabeth of Austria, certainly one of the noblest women of her time. The anarchist

Lucchesini, who stabbed her, declared at his trial, that he knew nothing of the empress except her rank and name. But, he said, she is a member of the ruling class and, therefore, deserves death. It is my intention, he added, to give the proletarians an example. If every proletarian would do as I did and kill the members of the ruling class that he can reach, then our slavery would cease. He, too, declared that his life was worthless under the present conditions.

 

   There are many points of view from which such actions must be condemned. One of these, for me - - some decades ago and long before the first world war - - was my strong opposition against the principle of collective responsibility - - so far spread among men of all classes in the people and always considered as self-evident.

 

   Are you quite sure that the mentality which produces the application of the principle to classes or groups does not                            exist among English proletarians and not only among proletarians???????

 

  In any case, the adherents of the principle should publish their opinion about the application of the principle to groups or classes and should do so for their personal safety. It may be that some new John Cade will be convinced that the principle is not applicable to social groups but to subjects of governments only. (If that is the meaning of the principle, which I shall learn from the book, which may exist, but which I did not yet find, in which the principle is explained.)  (As far as I remember, M. never discussed that principle in those numbers of THE INDIVIDUALIST which I have seen and read. - J.Z., 2.2.03.)

 

   I do hope to find in that book the explanation of a technique by which an unarmed group of subjects is able to remove dictators or tyrants, whom those, who are armed, do obey. Already Gibbon demonstrated that, in great States, it is sufficient for the government to have an army of about 1 % of the population. That was 150 years or more ago. With such an obedient army, says Gibbon, the subjects are a defenceless prey of the government.

Today dictators arm, generally, more than 1% of the population, although - - in the time of aeroplanes - - much less than 1 % would be sufficient.

 

   Or, if the author does not know the effective technique, he will explain why even in the case where the dictator is almighty, the subdued are collectively responsible for his acts. That will be - - I think - - very difficult, but it may be that a David Hume of the principle has already written the book, so that a logical and philosophical reader must be converted by it if, before, he was an opponent of the principle.

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   You say: "Had enough Germans been outraged by his anti-Semitism, they could have prevented his coming to                               

power."

Perhaps your are right. But if the army (or the leaders, whom the army obeys) places its arms at the disposal of the dictator, then the dictator is able to subdue 99 % of the population by an army consisting of 1 %. Adam Smith says the same in the 4th book of his "The Wealth of Nations". There Adam Smith explains that a population without a militia will at last be the slave of its government, which is not the least of the many truths revealed by Adam Smith.

 

   America's liberty reposes on her militia, presently more than 15 million of men. The arms of every man are ready in the militia-regiment's armoury and, in the case of political danger, in less than two hours several millions of resolute and well armed men are ready to oppose every dictatorship.

 

(J.Z.: Alas, American governments have recognized this danger for them long ago - and have thus placed the militia and its training and armament and motivation under their own controls! Thus they have little awareness of their individual rights and liberties and of how dictatorial their "democratic" and "republican" governments have already become. - J.Z., 2.2.03.)

 

   You say: "The Germans acquiesced it, and I think they must all share the blame."

If you would have said: "Those Germans, who acquiesced it etc.", then I would agree, but here we are again on the principle of collective responsibility and its ramifications.

 

   Do the adherents of the principle of collective responsibility also condemn the Russians for the acts of the Kremlin and Spaniards for the acts of Franco (not to speak of Tschiang Kai Shek's atrocities, which perhaps exceed those of the Nazis and for which the world, until now, did not hold his unfortunate subjects responsible?

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Dismantling. You say: "… is quite certain that what punishment is being imposed on Germany, for the terrific suffering that Hitler brought on Europe, is a form of Christian brotherly love compared with what Hitler would have done to us."

I quite agree and sans reserve.

You add: " ...  with the full approval, I am sure, of the majority of Germans, had he won the war."

Here I must say: Probably you are also right here. The English were represented as a nation of monsters and very

many Germans firmly believed that they lived, essentially, from the money they extorted from India etc. But I am not quite sure.

 

   It was my intention to show merely the political consequence of the continued dismantling, so as Machiavelli would - - I think - - have done. That has nothing, to do with revenge or forgiveness or morality or punishment or rewards.

 

   Ethics.    It seems, you take me for a Christian. Oh, oh!!! Why???  I think it probable that the proper doctrines of Christ are lost and that the four evangelists - - did not quite understand him. In the gospel of St. John there are several passages where Christ's answers have nothing to do with what he was asked. Obviously, the passages were simply cut from the copy whose text became the official one and the so mutilated copy was again copied. I cannot be an adherent of a man, whose doctrines are so incompletely conserved as those of Christ. But I do esteem his personality and there are reports enough - - I think - - to justify my esteem and that of others.

 

   Many think that Christ distinguished between people simply sympathising with him and his disciples. Prescriptions as about the "other cheek" were probably meant only for the disciples.

 

   You also take me for an altruist. The contrary of egoism (the word taken in its popular sense) is not simply altruism. Several isms may be the contrary to egoism.

 

   But I am a 90 % Kantian. Kant's doctrines are very difficult to understand. To those, who want to learn the essentials in a few minutes, I recommend Louse Saxe Eby's "The Quest for Moral Law", Columbia University Press, New York, 1944, page 136 - 159, to be read in less than one hour. It's excellent.

 

   I do admit that altruism is (inter alia) a pleasure, if not exaggerated.

   In my former letters, I spoke less of altruism as of the sense of duty, which does not always lead to pleasure, the word taken in its usual sense.

   But here you are right and your sentence is important enough: "If everybody were strong enough to do what he thought was right, even though it would lead to his death, living in society would be impossible, since society has no stronger deterrent to actions, that it thinks to be wrong, than death." Very true! But:

 

1.) Society (that is a mass of average men) seldom knows what is right;

 

2.) Society should give men, who do not wish to live in it, an opportunity to live in monasteries, as in the Middle Ages, or today in the Buddhist East, or to live in solitude as in old times the monks in Egypt. Also, society should give men who think that life, both in society or without, is not worthwhile, an opportunity to end their lives by hunger, so as it is in Tibet and in many parts of India.

 

(J.Z.: Here he did not mention exterritorially autonomous communities of volunteers as an alternative lifestyle option to which all individuals are entitled, as a basic right and liberty, which begins to be realized by the right of individuals to secede and thus to assert their individual sovereignty. How they combine that individual sovereignty with that of other volunteers should be quite up to them. - J.Z., 2.2.03.)

 

3.) Of 100 men, who think that they know what is right and wish to live correspondingly, there is hardly one who is likely to sacrifice merely a few shillings to get the possibility to do so. The market-quotation of rights is low.

   But the Roman officials reproach towards the Christians was exactly like yours: Men, who do not fear death in any situation, cannot be governed.

 

   If the State claims to govern all men, also those, whose pleasure it is by no means to be governed (always a very small minority) and who propose practical possibilities to "ignore the State" (Herbert Spencer, "Social Statics", first edition and some later editions, chapter XIX.), then the State must bear the consequences and may, by experience come to learn that it is not almighty.

 

   Lao Tse, in the "Tao Te King" says too: "If people do not take death as an important thing, social life ceases."

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   Cooperation.  You say: "I do not believe ... that any business that is run by a committee, can, on the average, be as efficiently run, or with as much initiative and enterprise as that run by a private employer, who makes his own decisions ... ".

I agree. But in Germany the cooperatives are very seldom guided by committees. They have a manager and it is a general complaint that these managers exercise more power than owners of concerns. (Sometimes exaggerated, but by no means always, as I know from personal experience in Hamburg.) What you say of initiative is very true. But I think (or more exactly spoken: I hope) that within a society organised, essentially, in cooperatives, there still will be employers, the word taken in its present sense. If the employer pays his employees a little more than they earn in cooperatives - - which will be no difficulty for him and will be rewarded for higher efforts by the employed - -  then there will be no resentment against such an employer. Even in Russia private employment is not quite abolished. But it is taxed very severely. Nevertheless, there are people who find means to pay the taxes, to pay their employees very well and still win enough for themselves. The present wage system must lead to a social revolution, even if employers are resolved to take less than an average employee. Under the wage system the employee must feel to be exploited. It should be the task of social reformers to discard arrangements that cause such feelings.                                                  

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   Free Banking and social justice. We agree that Free Banking will more and more reduce unduly high profits of employers and bring wages to an economically justified level.

   Yes - - in Germany, too - - workers are not likely to become more than wage-earners (soon. - J.Z.). The resistance to "cooperative-socialism" is greater among the workers than by the government or employers. Nevertheless, a sufficiently great number of cooperatives must be established to enable the workers to make comparisons. If they find, that employees do not earn less than members of cooperatives do, then their present mentality: "We are exploited!" will disappear and the John Cades will become comic figures. They are not under the present system. (And if they should find that, in most cases, they could earn more as cooperators, then they will become receptive for proposals on such transformations. - J.Z., 3.2.03.)

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   Gold Standard in Germany in 1932.  If in the year 1913 a shopkeeper would have declared: This commodity costs x marks in paper and x - y marks in gold coins, everybody would have brought him gold coins and thought: Such a sheep!! But if the shopkeeper would have done the same in the year 1932, under Bruening, he probably would have been imprisoned and his shop closed; in every case the discrimination would have been immediately stopped. Can that possibly be a country which is really on a gold-standard, the latter word taken in the sense of 1913??????

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   The Colour Bar.   The coloured are now considered as a competition for the white. Under a system of Free Banking or Mutual Banking the coloured would not any more be a competition (or considered as such - J.Z., 3.2.03.). The whole aspect of the question would be quite changed. I am convinced, that under a system, which knows no "exclusive currency", the coloured's mind and behaviour will display quite unexpected acts, works and successes.

   The sculptures found in the jungles of Cambodia are not inferior to the best Greek sculptures and the few inscriptions found let us assume a very high standard of literature.

   Old Egypt's culture seems to have been a Negro culture.

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   The Babylonian god Beelzebub was a reality insofar as the priests had the power to achieve the death of anybody who did not believe in his existence. This put aside, he was a product of the imagination.

   What are nations - - the modern gods????

   In "Truth" of 2.9.49, I find an article "Racial Origins" (page 258), by A. R. Davis (Lt.-Col., Ret.). He speaks of the new or old "nations" in Scotland, Wales and Cornwall. Quite rightly he says: "Today every evil force, from  every direction, is concentrated on the destruction of England." But there is only one help: Resolutely turning away from the old ideology of (territorial - J.Z., 3.2.02.) nationalism, together with nation-wide collective responsibility and replace it by - - well, by what?? You know my opinion.

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   Latin word "Veni".   The German pronunciation of  the "V" is like the English V. Only in words of German origin is the V pronounced like F. Some uneducated Germans (not all) pronounce the V in "Vagabond" (= tramp), "Vampire", "Vanilla", "Vaseline", Violin", "vivat" like F because they do not know that these words are not of German origin.

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   In one of my next letters I hope to say something about the very interesting articles in "Truth", "Economist" and others.

   Many good observations about the German elections.

I am a sympathiser of Proudhon's "Principe fédératif" and regret that there has been created a central power with so many rights, including the rights to inflate and deflate, also to devaluate.

 

   In the article "Currency Unions" (Ec. 20.8.49.), the author takes it as self-evident, that there must be a power to make the paper money a legal tender. But that is not so self-evident. On the contrary. He takes it also as self-evident, that wars are impossible without the issue of additional legal tender paper money. There he is very much in error. (Not regarding unpopular and prolonged aggressive wars! - J.Z., 3.2.03.) He takes it also as self-evident, that a "full employment policy" requires such an additional issue. Great error!

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Very Faithfully yours - signed: U. v. Beckerath.

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U. v. Beckerath, …                                                          30.9.1949.   Your letter of  27. 9. 49, received today.

 

Dear Mr. Meulen,

 

I hope to answer more fully next week than today.

   I could hardly get any worse news than that your health suffered another setback.

My impression is:  Two men in a boat and looking out for land. One of the two gets seriously sick. The boat (our "movement") wants help not less than the sick man.

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   That there are intimate connections between stomach and brain is certain. I thought that these connections were performed by the nerve that is, in German, called nervus sympathicus, but it may be that the connection between stomach and the thalamus is not less close. When I was a child of about 10 years, I saw a brick dropping and hurting a mason, who was wounded and bleeding. I felt a violent attack in my stomach. I still see before me the mason and his comrades, who came at once from the new building to him.

   The procedure with the sheep thalamus seems to be unknown in Germany. I will communicate it to a physician I know.

   To the numerous advice that you will now receive, let me contribute one: You should less read and write more. What average economists (Marx calls them "Vulgär-Ökonomisten") and politicians write is not so important, is also very quickly forgotten. What you have to say is much more important and will also not be so quickly forgotten, at least not by others than average readers. Also writing corresponds more to your nature than reading, which - - I think - - has for you no other value than to give you occasions to write. It is an old observation that writing reduces the "vita propria" of the cells and compels them to subordinate their vita propria to the vita cerebralis, which - - I think - - is the real human vita.

 

(J.Z.: Reading about one disaster, stupidity and prejudice after the other can make you desperate, hopeless and resigned. It puts you down. It is depressing and stresses you, day after day. I have long given up reading the dailies regularly or listening to all the radio and TV news.  So very rarely something positive and right is found there. Writing down and permanently recording and duplicating, at least in affordable alternative media, the best ideas that you encountered about alternative actions and possibilities, gives you at least some hope and strength that all your thoughts, opinions, ideas and efforts might not be quite in vain, although not read or heard by others, immediately, and will, at least, be on record and, some day, retrieved by those able and willing to make some use of them. B. had mostly no other means available than his typewriter, with which he could make a few carbon copies of his correspondence. - J.Z., 3.2.03.)

 

You say, it is a pleasure to lie in bed - - for you it is a duty!!! Don't get up too soon!

 

  For a year or so in Berlin a new kind of fountain pen is sold, which in German is called a  (ball point pen). It is filled with ink paste instead of with ink. (B. here actually wrote "powder" instead of paste. Later he corrected himself and wrote "cream" instead, which I changed into "paste". - J.Z., 3.2.03.) It is easy to make copies with that "Kugelschreiber". For sick people it is excellent because it avoids stains, and yet offers all advantages of fountain pens. I use a carbon paper to make copies.

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   I return here - enclosed - the cutting from the "Telegraph" of 26.9.: "If Devaluation is to succeed." Since you       have written at note to it in "The Individualist", it may be desirable for you to have the article.

 

   Johnstone says: "In the second place, what is mean by "freeing the pound?" Does it mean, for example, freedom for British tourists abroad to spend what they like; or for British investors to buy and sell in Wall Street ad libitum?  If so, it means freedom for the pound to commit suicide".  J. is very much mistaken. If today British tourists would spend in Switzerland, in the USA, in Sweden, etc. 100 millions of Pounds (in notes of the Bank of England), what could the new owners do with these Pounds? They can do nothing else with them - - whether they are friends or                    enemies - - than use them, as means of payment vis-à-vis England. A few days later, these Pounds would have returned to England and would there buy anything. And one may be sure, that the owners, or those people, who bought them from the owners, will find something worth buying, although economists prove exactly and irrefutably that there is no possibility to buy in England, because all is much too dear. They find out the right commodities. (Especially, if the exchange rate is free and a strong outflow of Pounds has, seemingly, turned the exchange rate "against" England, i.e., made Pounds and thereby English goods cheap for foreigners to buy. - J.Z., 3.2.03.)

4 weeks later an additional export 100 millions L is recorded by the statistics. (To speak more exactly: recorded are perhaps only 50 millions. The exporters are not so stupid as to reveal to people, whose intentions they know, the true value of what they export.) But these things you will know at least as well as I know them.)

 

   Spending English money abroad or letting imports come in, quite freely, enforces an export of same amount, if the importers accept British money. (Zander gave a lecture, held at Geneva about this theme. He will tell you if you phone him.)

State socialists will reply that if such freedom will be admitted, then the British Government's exchange control system will be overrun. I say: One of both must die, Britain or her exchange control system, however good that system may be. (Read the Archarnians of old Aristophanes. If the Acharnians were to choose between their baskets or their existence, they were not able to sacrifice their baskets.)

 

   Johnstone speaks of the "excessive costs of living in England." Let him estimate the costs in gold, sold at a          free bullion market. (1 ounce = 60 paper dollars, if sold in small quantities, 100 ounces in a tin = 40 dollars.).

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   You will have read in your papers that the atomic explosion in Russia meant the blowing-up of the town where the bombs were fabricated. In Berlin they say: If the Russian bombs would really exist, the Russians would never have admitted that one of the bombs exploded.  Butt if they would have contested the explosion, then the situation would be dangerous.

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   I return here the text of "Notes from Berlin" with your comment.

 

   I could accept the text if you would replace the three words

   "…  for their purchases." (line 6 from the bottom) by

   " … their taxes".

 

   I am convinced that for all other purposes the customers of the Mutual Bank will accept the notes (or certificates - - if one prefers this name) of the Bank.

 

   The Bank could be started by a single merchant as well as by a co-operative. I spoke of a Mutual Bank because I do not expect that a merchant will have courage enough to start a bank on W. B. Greene's principles.

I do not believe that W. B. Greene (or Tucker, his adherent) would consider the mutual form as essential. Stephen                Pearl Andrews (Instead of a Book, page 276) in his treatise about "The Science of Society" - - I had only a German translation - - burnt - - ) considered only the case where a merchant (in a little town or village) began the system. He had the practice on his side. Then, i.e., before the pernicious American law of 1863 many merchants - - - without knowing Andrews - - issued notes, redeemable only in their good or services.

During the great inflation in the years 1921 - 1923 (While it became rapid. It began, I believe, with WW I. - J.Z., 3.2.03.) a Berlin firm, Meinl, originally from Vienna, issued also irredeemable certificates, accepted as money in the shops of Meinl. The success was excellent. Meinl paid all its expenses in these certificates, which  were well accepted everywhere.

 

   So much for today and in haste.

Very faithfully yours - signed: U. v. Beckerath.

___________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                          1. X. 1949.   Your letter of 27. IX.

 

Dear Mr. Meulen,

 

that in England there has been n o unemployment for a long time is an astonishing thing. Quite frankly: I do not find an explanation. In general, "dirigism" (a good new word, which the French invented) increases unemployment, although the increase may not appear in unemployment statistics. Example: When Mussolini began to govern, he placed the unemployed into his Black-Shirt-Army and let them march throughout the country. Statistically, unemployment disappeared at once. Economically it was as large as before. In Germany it was about the same. Hitler said: You unemployed: Make guns and other war materials, and they did.

 

(J.Z.: Sales of that product to the government was assured and the government could pay for this product, even if it merely used the note printing presses to produce fiat money. A large stock of unsold consumer goods and services was available and it could be thus "invested". Prices were depressed through deflation and additional fiat money, at first, merely helped to restore as normal prices as one can achieve under normal despotism, i.e. prices normal for it. - J.Z., 4.2.03.)

 

But in England, obviously, the high degree of employment is due neither to artifices as those of Mussolini nor to increasing armament (which may contribute a little) but to other causes.

 

   But, certainly, the high degree of employment is in some connection with the relatively low standard of life in England. The standard is - - it seems - - not lower than it was before the war, also its costs - - counted in gold - - are not - - I think - - higher. But the productivity of labour is increased. That increase, together with the high degree of employment, should, under normal conditions, increase the standard of living and in this case very considerably. It does not. Why?

(J.Z.: Later in "The Individualist" M. brought some figures which indicated that the increased productivity since about 1900 had been taxed away and turned into welfare State services to the bureaucracy and its favourites, those supposedly helped by welfarism.  - J.Z., 4.2.03.)

------------------

 

   Collective responsibility. Your example with the ten men is confirmed by history in a remarkable case, which Franklin reports in his memories. Many of the Mennonites of his time would not fight against the Indians, although they had begun a war with the honest intention to exterminate the whites and their warfare was the usual Indian one. The Mennonites were no cowards but their religion held them back. Their mentality changed completely and quickly when they did not only hear about the Indians, but saw the burnt villages and the remnants of tortured men. Then they fought as all others did.

 

   I agree with you: War does creates moments which do not admit a satisfactory solution of the problem.

 

   Let me report some experiences with collective responsibility from the last war and due to the German army on one side and the Balkan volunteers on the other. It was a simple matter for the volunteers to compel a village to join the volunteers. They captured a German soldier, killed him, mutilated the corpse and announced it to the military police. At the same time, they said to the peasants: The German police is informed - - you know what will happen now. Join our companies and do so very quickly. What could the peasants do? They had to choose between the burning of the village by Germans, the shooting of all men, the abduction of the rest of the inhabitants - - on the

one side - -  and joining the partisans on the other side. Of course, they did the latter, which, which still offered some chance to keep alive many of the inhabitants. In less than an hour the villagers left their homes and retreated into the forests.

   When the Germans came, they applied the rules of collective responsibility for the killing of the soldier to the houses and those inhabitants who had not fled quickly enough.

 

    This method of the partisans became, at last and of course known to the German officers and they well realised that the application of the principle of collective responsibility had no other effect than to strengthen the partisans. But the average soldier, when he saw the dead and mutilated comrade before him, demanded that "something must be done". If the officers would not have shot some civilians, then the soldiers would have done it themselves and the officers would have lost all confidence of their men and would no longer be obeyed in actions. Sometimes, it was possible to save the village from being burnt by saying to the soldiers: The houses must be spared. They are quarters for our comrades behind us. - - I heard all that from several persons, who were all engaged in the Balkan campaigns.

 

The experience of all wars teaches that similar things happen in every war on every side.

In the war of 1870/71 - - where the role of the "Franc-tireurs" was considerable - - Moltke ordered, that the real murderers should be found out and that, if they could at all be found out, then the inhabitants of the district must pay a very high contribution. The greatest part of the contribution was distributed at the battalion or regiment to which the murdered soldier belonged. That simple means soothed the fury of the comrades and made it possible to spare many towns and villages which, otherwise, would have been destroyed. It was the least of the possible evils.

(Moltke was a human character and tried to diminish, as much as possible, the atrocities of war. He strongly opposed the bombardment of Paris and declared: It the many thousands of shells, that will now shoot, indiscriminately, into Paris, were all are directed to one point, then we would make a breach to the enceinte (walls? - J.Z.) and perhaps get Paris in a few days. But Bismarck and his followers thought, that they knew better and convinced King William.)

 

   But the inevitable arising of the practice of the principle of collective responsibility (J.Z.: Inevitable is this practice only as long as these wrong ideas, premises and definitions remain unruffled in all too many heads! - J.Z., 4.2.03.) and in every war or civil war, has nothing to do with the critics of philosophy. Philosophy cannot help but confirm the standpoint of Duprat, whom I quoted in one of my last letters. (5.9.49. - J.Z.)

-------------------

  

   Certainly, a great number of Germans voted for Hitler in the years 1932 and 1933. They were asses. But to say: Those, who did not vote for Hitler, or who, after they had voted for him, noticed what simpletons they had been, were outvoted and overwhelmed and, therefore, are not any less guilty than if they had, still 1945, voted for Hitler - - this standpoint seems to require philosophy's justification and, certainly, is far from being self-evident.

 

(J.Z.: Other false assumptions were: 1.) These elections were "honest elections", which they were not. 2.) It would have been easy for dissenting Germans to resist and overthrow the regime. 3.) That this could be done without arms, military organisation and training and 4.) That the means of protest and enlightenment still existing in genuine democracies would have been at their disposal. Already during the Weimar Republic the armed gangs or communists and Nazis largely ruled the streets and public meetings. - Moreover, up to 8 million unemployed and their family members and friends did believe the promises of Hitler that he could provide them with employment, while under the Weimar Republic Germany's greatest inflation and greatest deflation ever happened and was ascribed to the "weak" leaders of this Republic, rather than to the same ignorance on monetary and financial matters which characterised all governments. When I came to Australia, in 1959 the "leadership principle" was still more popular here then it was in Germany when I left. It still prevails. At most the voters want other leaders! Ever hopefully, voters vote in a new political machine and its leader, no matter how often they were disappointed by all previous ones. And the journalists are more interested in leadership struggles than in the "ideas" of the "leaders". - Once a dictator has established his power, he is not easily shifted out of it, even if the majority of his subjects feels rather like his victims than his followers. Have libertarians so far offered and published a good enough programme for an easy and truly liberating and peace-promoting libertarian revolution? Do they believe that non-libertarians are more enlightened on this subject than they are themselves? Where is the evidence for this in their present peace-movement on the occasion of the planned war "against Iraq", rather than a police action against its dictator, Saddam Hussein, and his secret mass murder weapons stores only? I have still to hear a clear-cut and attractive war-aims, peace-aims and liberation programme in this case. Ignorance and prejudices, including collective responsibility notions, continue on both sides, at all levels, among all the ideologues. - J.Z., 4.2.03.)

 

   If Heaven would apply to humanity the principle of collective responsibility (he does - - if the Bible is right),   that is: Punish the subjects for the actions of their government or the whole of a county for the actions of a part of it (majority or minority) then, for many centuries not a single human being would have existed.

---------------------

   The technique for opposing a tyrannical government is an important thing. Until now such a technique has not

been invented. (Did anyone come closer to it than I did in my two peace books? - J.Z. 4.2.03.) The tyrannical governments in the 17th  to 20th centuries have been overthrown

   1.) by "palace-revolutions", including such an the 27th of Thermidor (1794),

   2.) by wars, as the government of Napoleon I and Hitler,

   3.) by the timely death of the government's chief, as in the case of Cromwell. (Nobody can deny his greatness;  

        but as Roscher explains, Cromwell's financial policy was so bad or unsuccessful that he stood, immediately. 

        before the same situation as Louis VVI did, 140 years later. But his good luck let him die in high glory.

   4.) By voluntary concessions of the chief, whose intention was to rule and not enforce his opinion on every trifle.                        

        Such cases were the great administrative reforms by Queen Elizabeth and the reforms by Napoleon III (a ruler

        and man often underestimated, in the last years of his reign.

 

   Investigations about the subject are difficult because to-day some governments are considered as quite tolerable, which at their time seemed to be the summit of tyranny, as those of 1789, 1830, 1848 and some others, perhaps Tsarism not excluded.

The subjects of modern Totalitarianism would gladly change with the French of 1789 or the Prussians of 1848. David Hume taught, for instance, that a government like that of Louis XIV. was certainly better and granted             more real freedom than that of Athens or Rome at their "best" time.

 

   As long as the technique of overcoming tyrannical governments is not yet invented or not in the power of the subdued, there can be no moral responsibility of subjects for acts of their government. The world recognises this simple truth in the case of modern Russia, Czechoslovakia, Spain and others. (Not by its "nuclear strength" policy! - J.Z., 4.2.03.) Why not in all cases?

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

   But that man in general - - from China to South-America and from Moscow to Calcutta - - displays always the same degree of weakness against anyone, who likes to subdue him, does prove to me that nature neglected him -when he was only half finished. And, insofar, I consider him as a blunder of nature. The capacity to revolt and to find out the best means to revolt is, for men, no less important than the capacity to make nice poems, ice-cream, music, aeroplanes and radios. But nature equipped him only with the capacity of obedience.

 

(J.Z.: On other occasions he pointed out, that we were, largely, bred by slaves. Rebellious spirits were almost automatically exterminated, for a very long time, and thus had far less offspring. At the same time, the masters, by their numerous legal or illegal children, spread their domineering spirit widely enough to make the persistence of this negative selection process possible for a long time. We have to thank the institution of territorial governments for this kind of negative evolutionary process, which still leaves most people as life-long statists. - J.Z., 4.2.03.)

-------------------

   Ethics.   I understand well that many people do not believe in the existence of a man named Christ, of whom so many miracles and other incredible things are reported. But there were also reported some details which were certainly neither invented nor derived from star-movements nor from the older mythology. Such details are, inter alia:

1.) His relations to his family were bad. The family tried to arrest him and confine him for madness. Markus 3, verse 21.)

2.) He never recommended good relations to family members, except in case the members were of the same religious opinion (the word "religion" taken in a moral sense. He even recommended separation from one's family for religious reasons. (According to the wife of Prof. Rittershausen, B. once felt even compelled to conduct a court case against his own father. I do not know his reasons for this. To my knowledge, he engaged in correspondence only with one surviving family member, Erich von Beckerath, who was an economist of the conventional statist type. - So he had, possibly, his own personal reasons for sympathising with J.C. in this respect. - J.Z., 4.3.02.

There are many passages in the Evangiles, inter alia, Matth. 19, 29.  Jesus went so far as to demand, that a man should not hesitate to follow him and leave his father unburied.(Math. 8, 21.)

 

3.) In Ev. John 7, 10, is reported a detail where he seems to have simply not spoken the truth, with the intention to deceive his brethren. The passage is not quite clear in this respect, but Schopenhauer's conjecture, that he did not         speak the truth, seems pretty well founded. His bad relations to hid brethren are also reported in this chapter. (Verse 7.)

 

   I could add very many other details which make it very probable that Jesus was neither an invention nor a myth,          but a man like you and I and even - - as far as I am discern - - with a much better character and more courage to express his opinions, even vis-à-vis death.

 

   The somewhat dark passage, John 3, 18, I interpret thus:

   He who does not share this spirit of truth and confessing recognised truths (John, 14,17) is in his own opinion a contemptible being, so that he feels himself judged.

 

   But truth and love of it do not depend on the Evangelists and their reports. Our own reason leads to them, if connected with a character who does not, at every occasion, deliberate: Does it pay???

 

   From Buddha still more miracles or impossibilities are reported than from Christ. Also, there are great contradictions in his doctrines (which I am inclined to ascribe to an improvement in Buddha's views in the last period of his life), much as the doctrine, that there are former existences for every being and the other doctrine that the thing, which everybody calls "I " (self), does not exist but is an innate error". Many, therefore, have believed that the whole story of Buddha was a myth. But in the year 1898 a scholar by the name of W. C. Peppé found, at Piprava, in the district Tarai, a grave with inscriptions in the Maghadi-language and in old Brahmi-Letters, from which it became certain, that it was the grave of Buddha. (R. Pischel, "Leben und Lehre des Buddha", Leipzig-Berlin, 1921, Editor Teubner.)

(The sphere of religions is so full of lies and deceptions, especially on its founders, and to the financial advantage of the priesthood, monks and nuns, that I take this information with a great deal of "salt". - J.Z., 4.2.03.)

 

   The true teachings or Christ - - of course - - were in contradiction to the doctrines of the churches, and most sects. It is my opinion - - but here I may be in the wrong - - that before Kant explained the matter in his book about religion the true teachings of Christ were unknown. Also, I am convinced that the greatest part of his teachings          is lost, probably during the persecutions under Diocletian, Decius and others; the Evangiles were written by people who did not understand the main point. That there are great differences in the opinions of the Evangelists is clear by the fact, that the word father, in the sense of "father in heaven", is relatively seldom used by Markus and Luke       (about a dozen times) but very often by Matthäus and John. (A fact which I discovered a short time ago.)

 

   The Christian ethics is represented in a new and interesting manner - - quite impartially - - I think - - by Louise Saxe Eby, in "The Quest for Moral Law", a book which I mentioned sometimes in my letters. The chapter "Jesus and the Jewish-Christian Ethical Heritage" (pages 73-92) is interesting and remarkable.

 

   I held - - quite like you - - the Chinese Ethics in high esteem. I possessed Kong Fu Tse, Lao Tse, Meng Tse and some others. One of the best elements of Chinese Ethics is that it recognises the people's right to chase tyrants. (Chastise? kill? execute? - J.Z., 4.2.03.) For a reason I do not know, the influence of the Chinese Ethics on practical life is trifling.

 

   From Islamic Ethics I accepted - - before I had read the Koran - - the abstaining from "all what makes drunk". In my 18th year I became an abstainer. Today I feel a real aversion towards wine, beer, etc. Concerning  the rest of Islamic Ethics I am, probably, not enough instructed to judge about it. My impression (which may be wrong) was that it looses itself in details and is not enough elevated to general principles.

 

   Your remark about the Ethic of Epikuros is probably well founded, although a rascal like the emperor Konstantine (and his successors) would have misused Epikuros not less than he did with Christ's Ethics. Kant, who calls Epikuros a noble heart, says - - and certainly with justification - - that such an ethics is open to many misunderstandings. I agree with him and for that reason I am glad, that Konstantine did not accept it. It would have been - - I think - - a "pearl thrown to a swine".

(J.Z.: Are the other religions really less liable to be misunderstood and misinterpreted? The sheer number of them, ca. 7,000 to 8,000, speaks against this. - J.Z., 4.2.03.)

----------------------

 

Spencer. Perhaps your opinion about chapter XIX of "Social Statics" would be more favourable if, in the year 1914 or in the year 1939 some millions of German soldiers would have declared: It is our right to ignore that State and he, who wants to compel us to fight in his battles - - may he come on! I think it is not improbable that in 100 years or so some millions of German soldiers will really take this stand.

 

(J.Z.: For me that chapter is something like an intelligence test: Whoever fails to see its logic and its implications does not pass that intelligence test. He is not intelligent enough to realize the possibilities of the new and exterritorialist politics, which is, in many respects, the opposite of territorial politics. - J.Z., 4.2.03.)

 

Cooperation. If you found in 1931 by personal inspection that in this year it was prohibited in Russia to employ others, then it probably will still be so. My information was from the year 1928.

 

Gold standard.    Your remark is true.

 

English payments in Sterling to USA and others. Compelling the English to use Dollars for the payment of imports  is applying the principle of exclusive currency to England's external trade. Greene said more and better, what there is to say about this principle, than I can. But I would understand and agree if the New York exporters would demand a Dollar-Basis for the means of payment for cotton, wheat etc. The certificates, bills of exchange, etc. would then contain the passage:

    "We, the firm XYZ, accept in our business this bill as we would accept the amount of .... Cash-Dollars."

 

The sound working of such a clause provides an absolutely free exchange market and the abolition of every kind of government control of it. Such bills, as are here hinted at, return to England as well as Sterling Notes of the Bank of England and can buy, indirectly, anything in England. They would be much less likely to be hoarded, in a foreign central bank, as "foreign exchange". - J.Z., 4.2.03.) Every import, paid with such bills, enforces an export of the same amount. Every import paid with Dollars of American origin, diminishes England's purchasing power. (Only if it confines itself to buying for imports only with US dollars! - J.Z., 4.3.03.) Dollars of American origin are now only at the disposition of the Bank of England, and, insofar, are a monopoly of that Bank, as far as English subjects are concerned. Dollar-bills of English origin can by signed by every fruit dealer - without any help from the Bank of England. That, very probably, will be (given as a - J.Z., 4.2.03.) reason for which such bills will be prohibited.

(The monopoly of the Central Banks, now in all legislation, is the most important paragraph. I regret that I am not able to procure the text of the English and the American exchange regulations. If I could, I would be able to tell you: That and that paragraph is it.

 

Cataract.  Whether bathing the eyes in hot water is good, I cannot say. My own impression is that water of about 55 degrees F. is best. Schopenhauer recommends, to open the eyes under (cold) water. He did so and his eyes were those of a lynx during his whole life. I tried to do the same, but it felt disagreeable to me and since that time I prefer to close the eyes when bathing them.

A suitable diet is - - and here I agree with many physicians - - of the greatest influence. In Berlin, and for some month now, sugar, flour, oats and fruits (tomatoes, too) are sold freely. I use the good opportunity and my eyes improved surprisingly. In May I earnestly feared to become blind, at least on the right eye.

 

Observer-Article. I beg to delay my answer to one of my next letters. At the moment my free time is very short.

 

Hitler and his voters.    My impression is, that the German army's role is quite unknown abroad, also that of Hindenburg, the old traitor. In one of my next letters I beg to say some words about them.

 

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                               2. X. 1949.  Your letter of 27.9.49.

 

Dear Mr. Meulen,

 

there is a "school" of scientists, which still distinguishes - - as Aristotle did - -  the "dominant" of an organism and its "sub-dominants". Aristotle called the Dominant "Entelechy". A German botanist, Reinke (who still lived in 1900), invented the name "Dominant" (in this connection - J.Z.), which now has been accepted by several others; I think the term is well chosen.

   Dominants may be or become sub-dominants and vice versa. Example: There is a Dominant in nature which men call worm. Very many other Dominants use this worm-Dominant as their "servant" and the bowels of animals and men are a system of worms dominated by the superior force of nature: Dog, bird, man or whatever it may be. So

the "Dominant" worm is a "sub-Dominant" of all animals which nature gifted with bowels.

   All Dominants, used by other organisms as sub-Dominants, tend restore their original independence. Sickness is nothing but a victory of a sub-Dominant over its Dominant, and healing is restoring the Domination.

(Nature does not favour - - as it seems - - anarchism. It should read the writings of Tucker.) This restoring appears as "vis medicatrix", and it in the matter of medicine to help the vis medicatrix and remove its obstacles.

 

   In Kant's and Schopenhauer's philosophy the doctrine of dominants plays an important role. In honour of Plato, who seems to have been the first who discovered dominants in nature, they called the dominants "the ideas of Plato" (Platonische Ideen). The name was not well chosen and produced many misunderstandings.

Plato's "Eidolon" = form, figure, is toto genera different from what by now, in all languages, the word "idea" ("Idee", "idée") means. The new word "dominant" is much better.

 

   The existence of dominants in nature has been discovered independently by several by several people. Aristotle - - I think - - discovered it independently of Plato, although he was a scholar of Plato. But A. distinguished clearly between idolon = notions and idolon = forces, which Plato did not distinguish clearly enough. The "good" for him was an "eidolon", although it obviously is no more than a notion.

 

   Van Helmont, a forgotten but eminent scientist and physician, called the dominant of an organism its "Archaeus". Buffon called it its "moule intérieur". Both said interesting things about it and found new aspects of the operating of dominants.

 

   Your dominant is: "Teacher of others" and all parts or cells of your organism are in the service of this dominant, except, at the moment, some cells of your stomach. Let your dominant operate against your sub-dominants, with cruelty and recklessness, as rulers are in the habit of doing. Write as much as you can and you will perceive that from such a violence against your sub-Dominants will results a restoration of your dominant's original superiority

 

   Do not take it merely as a joke. (Epicurus' opinion was: That science also has an amusing side. He was right. The  humour arises if things offer a new side, which in science is the normal course.)

(Mind over matter aspects in healing have often been observed but never sufficiently explained, to my knowledge. To call them "psychosomatic effects" is just giving them a name but does not explain them. - J.Z., 4.2.02.

----------------

 

Jesus.   About 100 years ago an author, whose name I forgot, published a book: "Proof that Napoleon never lived". In this book he demonstrated that all details from Napoleon's life may easily be derived from the movements of the sun and the stars, so that Napoleon's life may be considered as a sun-myth. The book was meant - - I think - - as an

attack on Niehbuhr's destructive criticism of old Roman history. N. tried to reduce all the old stories to myths or inventions. He went too far, although Livy certainly told many myths, which he honestly took to be facts.

 

   "Omnium in omnia" said the old scholastics. All things in the world, nature, history and our life resemble one another, because it is the same (unknown) principle which underlies them. The events in heaven resemble the events on earth (which astrologers know how to utilise) and molecules are models of the milky way. So it is

easy to derive many details of Christ's life (or yours or any other's) from the movements of the sun and the stars or from cards or coffee-grounds or what experts of mantic may prefer. But there are details which it is impossible - - I think - - to bring into any connection with heavenly occurrences. An example: The development of Christ from a Jewish nationalist to a cosmopolitan. In Marc. 7, 27 is reported that Christ declined to heal a Syro-Phoenician girl, simply because she was no Jew. I need not report the many passages where Christ had given up such a narrow standpoint, natural for young men. The story John 4, 4 etc. shows that Christ at some time had already given up his primitive nationalism but still preferred Jews to other nations. (Verse 22.) At last he became an Antisemite.

(J.Z.: I.e., he opposed the narrow nationalism and ritual-ridden religion of the then existing Jews, not an "antisemite" in the modern meaning! - J.Z., 4.2.03.)

 

Here the development is clearly visible. Such things cannot be invented, all the more because cosmopolitanism was far from the mentality of his time and - - it seems - - of his pupils. (Luke 24, 21.)

 

   Goethe says: The world's history must be re-written from time to time. That applies also to the history of Jesus.

------------------------

 

Some conjecture (the modern theologian Dibelius is one of them) that at the time of Jesus there lived other miracle-workers (Acts 8, 9) and one of them may have been named Jesus, too, a name that, very probably, was not rare at this time. The story with the wine at Kana (John 2, 2) may concern - - says Dibelius - - this other Jesus. The story is of quite another character than all others. Only at Kana did Jesus contribute to the amusement of others. In all other cases, he tried to mitigate their sufferings. Therefore, I too believe that the Jesus of Kana has not been the reformer who was, at last, crucified.

 

   Some other stories are, perhaps, to be attributed to other persons with the name Jesus, if they are not invented. But here also, one must not go too far with the theory that all extraordinary and reported stories are invented. We know now, what auto-suggestion can perform. Probably you too have seen at some "séance" how men or women took rain worms for oysters and dogs for elephants. If one has seen such things, one understands at once a great part of religious and other history, one understands how - - e.g. - - devaluation is taken for a social reform, Free Banking is considered as unimportant and average politicians are taken for honest men.

-------------------

 

   Your bees.   Very interesting that you are a bee-keeper. And you give sugar - - such a precious and rationed thing - - to bees and other be-ings (of which I got a personal experience) in cases of emergency. That surpasses even Christ's demand to share things with others, when one has either too much or has it double. (Luke 3, 11.)       

   Some assert that a bee-hive is not merely a group of insects, but an animal, whose cells are the bees. You may judge this theory by your own observations

   If men get too much food as in the case of the record-crops of 1920, 1931 and others, there is no other help for them - - at their present state of their mind and organization - - than to destroy the food, in wars, in civil-wars or (already a great progress) simply by burning, it without a war. Bees do not do so, because - - I assume - - economical theories lie far behind  (J.Z.: If you consider them, jokingly, in advance of us and "beyond them", if you consider them as backwards in their development. Take your pick. - J.Z., 5.2.03.) them in their development. But, what are bees doing with a surplus of food?

(J.Z.: They are "intelligent" enough to conserve it rather than burn it. Honey can last for decades, although it will crystallise. - J.Z., 5.2.03.)

 

   Some theorists think it possible, that insects will continue life on earth, once men have killed one another off by atomic bombs or in good, old classical manner, by mutually eating each other up. (Are there examples of any bee eating another bee????) May well be.

 

   Certainly you know bee stories from own experience, Care about publishing them?

----------------------

 

   Article of the Observer of 17.7.1949.  (On strikes. - J.Z.) One must distinguished the legal side of the problem from the social side, as did the Observer. Legally the dock-workers (wharfies in Australia, long-shore-men in the US. - J.Z.) worked for employers. Socially they worked for the whole community.

 

   A dock-worker himself would find out the true reasons if, e.g.,

l.)  the fire-men would begin a strike just at the moment when the dock-worker's house would be on fire, or

2.) the physicians of a hospital would begin a strike just at the moment when he is brought to the hospital with

     wounds that require an immediate treatment.

 

   In the year 1919 I experienced such strikes (not firemen but restaurants, some physicians, some midwives, all shops and a part of the police) at Brunswick, It was the citizen's answer to the worker's general strike. In every case the citizens won.

 

   Language subsumes the two kinds of strike under the same word, but the things are very different, so that two different words for the two should be invented. A general strike of dock-workers is morally and socially (though not legally) the same as a strike of physicians and midwives.

   In Brunswick it was spoken of as a "Counter-strike" (Gegenstreik) or "Citizen's strike" (Bürgerstreik).

------------------------

   Braddock. Are his voters collectively responsible?

------------------------

 

   English payments to USA in Sterling.  When I spoke of Sterling that was not exact enough. I should have spoken of means of payment to be exchanged in goods or services or for receipts only England. It may be, that after the evil treatment of good old sterling by the present government, one day the English people declare: We will have nothing more to do with the sterling! We pass on to another kind of standard, that is a fixed weight of freely traded gold, say, a penny-weight of fine gold or so, which we will call (what would be a suitable name??), and every one who tries to prevent us shall get smashes (blows? - J.Z.) of genuine British origin. Every British subject shall have the right, from now onwards, to pay with standardised certificates whose face value is expressed in Gold-pennyweights, which are made good in his business, which the worker accepts in being paid for his work and the shopkeeper for commodities. We claim the right to unite for facilitating the system or to transfer our rights (repeal reserved) to a merchant, who may issue the certificates for us. USA-Exporters get no other kind of payment, and if they are not content with that, then they may, in the name of three devils, keep their cotton for themselves. (They will certainly beg to sell their cottons for our certificates)

-----------------

 

   Neither barricades nor paving-stones are the right instruments of revolution but the "issue of their own money,

in defiance of legal prohibitions, is such an instrument. (Tucker, page 415, second line from the bottom.) The creation of the instrument today in not any more as simple and relatively without danger as it was at the time of Tucker. Nevertheless!

-----------------

 

   Medical treatment. Your doctor must publish his methods That is his duty and should also be, for him, a pleasure. Kant says in his essay "Was heisst: Sich im Denken orientieren?" ("What Does it Mean: To Orient one's  Thinking?"): 

   " … wieviel und mit welcher Richtigkeit würden wir wohl denken, wenn wir nicht gleichsam in Gesellschaft mit andern dächten, denen wir unsere und die uns ihre Gedanken mitteilen!"                

(" …  how much and with what accuracy would we think, if we would not think, so to speak, socially, with others, with whom we share our thoughts and whose thoughts we share!")

   That means, in this case: Your doctor should publish his methods, receive criticism and reply to it. Then he can be sure that he is on the right track. (Lecturing is not sufficient.)

----------------------

 

   Yesterday I received the October-issue of The Individualist. I congratulate you! You did not promise too much when you wrote: "I hope, the next 'Individualist" will show the benefit of my increased leisure."

 

   What you say of currency unions is quite right. Free issuing of notes will be impossible in a currency union guided by "experts" as at present. (They play with the people the same game as, in the Middle Ages, the torturers did with their prisoners. They let them hunger for a week or more and then cut a piece of flesh from the prisoner's             body and fried it in his presence. The prisoner ate it with eagerness. - - Is man a blunder of nature or not ???? (The piece of flesh cut by the experts is the devaluated part of the money.)

 

   "Scrimshanking" is a word not (or not yet) contained in Webster, edition of 1880. In Thieme-Preusser's Dictionary of 1903 the word: "scrimshaw (= work) - "Arbeit eines Matrosen in Mussestunden" is contained. From your article I understand (of course) completely what the new word means. All languages in the world have changed during the last 30 years. Your article is of importance for practice of insurance. I am considering its publication in a German Insurance paper. (S = shirking, according to my Shorter Oxford English Dictionary. - J.Z.)

-----------------

   Important ideas often arise at the same time in several heads. The idea reported in the Readers' Digest (article: "Invention", page 37 of The Individualist) came also to P. Clavel Blount and an acquaintance of mine, and editor, Kurt Zube (he edited some things belonging to Tucker's anarchism), who sent me his pamphlet 2 or 3 weeks ago.

(J.Z.: If that refers to Kurt Zube's "Ideas Archive" proposal, I would like to point that it occurred to him about 10 years before, but he could not seriously try to realize it during the war or shortly after it. However, similar ideas can already be found in Thomas Morus' Utopia and in the essay Atlantis by Francis Bacon. - J.Z., 5.2.03.)

 

   I seldom read a news more consoling than your notice about British youth. Do try to live still some more years for them. They are worthy! They seek their teacher! Rittershausen told me one day: Au fond Free Banking is such a simple idea that it must be possible to invent a game for children representing the idea. "Free Banking for Young People", that would be a thing. Our generation is too blocked. 

(I noticed not difference, in this respect and many others, between young and old, English, German, Australian and American people. - J.Z., 5.2.03.)

----------------------                  

   Moab and Edom  - - you set  the main point into the  right light.

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

Johann Gottlieb Fichte, "Die Bestimmung des Menschen", 1800. (The vocation of mankind.)

 

   "Kein freier Staat kann Verfassungen, deren Oberherren Vorteile davon haben, wenn sie benachbarte Völker unterjochen, und sie daher durch ihr blosses Dasein die Ruhe der Nachbarn unaufhörlich bedrohen, vernünftigerweise neben sich dulden; die Sorge für ihre eigne Sicherheit nötigt alle freien Staaten, alles um sich herum gleichfalls in freie Staaten umzuschaffen, und so um ihres eignen Wohles willen das Reich der Kultur über die Wilden, das der Freiheit über die Sklavenvölker rund um sich her zu verbreiten."

 

   ("Reasonably no free State can tolerate constitutions of his neighbours, if these constitutions offer advantages for the neighbours' rulers from subduing other peoples. The mere existence of such constitutions is a perpetual menace for the free State. The care for their own safety induces all free States to transform all States in their neighbourhood also into free States, and thus, for their own welfare, the free States must compel savages into culture and slaves into freedom.")

-------------------

   These principles, quite new in the year 1800 and published (at Berlin) not without danger for the author and the printer, are now pretty generally acknowledged. In the year 1933 these principles were as just as they were after the second world. If the rulers of England, France, Belgium, etc. would have mobilised, 14 days after Hitler's revolution and occupied Germany, the loss of lives would certainly have been less than 10,000. It was their duty, and they are truly responsible for the second world war. Now they do try to hold responsible ignorant, blocked and unarmed voters, who saw already in February 1933 what rhinoceroses  they had been and looked out for help from other countries.

------------------                                                                     Bth., 2. X. 1949.

 

(J.Z.: Alas, the other States were not free societies, either. The very notion of a "Free State" is a contradiction in terms, if it refers to a territorial State. From territorial governments nothing better could be expected than what they did offer, belatedly, in huge costs in lives, health and wealth. Even libertarians and anarchists have not yet, as a rule, pondered sufficiently about libertarian revolution, resistance and liberation options and share all too many prejudices with the territorial statists. Meulen's book, pamphlets and articles are full of them and he could not, lastingly, be steered away from them, although B. tried to do this for a long time, very persistently. - Every somewhat rational adult, who can read and write and, nevertheless, still subscribes to territorial statism, of whatever kind, is an accessory to the crimes which it commits, by its very nature, in peace times as well as during wars, civil wars and revolutions. But since they form, everywhere, the vast majority, they can hardly be held collectively responsible by the tiny minority that does not share their prejudices, errors and myths. - J.Z., 5.2.03.)

____________________________________________________________________________________________

 

11. X. 1949.

Dear Mr. Meulen,

 

the protection of the people against inflation - - is the right of every man to agree with others on a standard of value which the contracting parties themselves believe to be stable - - gold, which more than  9/10 will accept, if permitted, silver (not the worst), grain (some new sects demand it for religious reasons) or any other. In practice that means the application of gold-value-clauses in the whole economic sphere.

The word "inflation" is here understood in the sense of 1913, when it meant an over-emission of fiat-paper-money.

The increase of the price level is a consequence of inflation and not inflation itself. Even Truman confounds that regularly.

 

The protection of the people against deflation is the right of every man to offer his property - - goods, labour, claims - - to others for exchange, with the help of standardised scrip in the denominations of money and to be made good by him, in his own business, by acceptance or by clearing. This right includes the right to associate with others, in any suitable legal form, to give the system optimal efficiency.

The word "deflation" is here also understood in the sense of 1913, when it meant the reduction of circulating means of payments.

Decrease of the price level, unemployment, etc. are consequences of deflation, not the deflation itself. That is something which our economic "know-nothings" should learn.

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

                                                                                                                                                12. X. 1949.

 

Dear Mr. Meulen,

 

I reported the matter concerning your stomach to my friend Mary Blösz and she told me:

 

Let Mr. Meulen ask the lady of his household for a raw potato. It must be peeled. If Mr. M. gives his lady some good words, she will do it for him. Then the potato must be grated with a grater. Then the grated potato must be squeezed out. The juice is to be drunk.

The potato should be of average size, in no case too small.

Mr. M. should thus use a potato every day until the stomach is all right.

Mary Blösz added:

This prescription was published one year or two years ago in a German journal. The journal reported that in hospitals this simple means was frequently used and with good success. The physicians were led to the means by the observation that in case of burns the juice of raw potatoes has a good effect. It is also known that women and girls of the people often use the juice of raw potatoes for cosmetic purposes. The human skin reacts well to it and quickly closes small wounds, which often occur in household work. If the means would not be so cheap it would be used more used.

-----------------------

Very faithfully Yours  - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                      13. X. 1949.  Your letter of 4. X. received 8. X. 49.

 

Dear Mr. Meulen,

 

I beg to answer only "provisionally". My lack of time in now very great, every minute is occupied. I don't know myself how the 1,000 things came to me with which I am concerned.

 

   I return with the same "The Scots Independent" of October 1949. The leading article seems of greatest importance. If the idea of a money standard not subject to any devaluation gets connected with any national idea,        then the idea of a non-statist money standard gets a power which no other power can resist. (*) You write to me that the editor is an adherent of Free Banking. Is here the link which brings the Free Banking Idea in connection with realty????

 

(*) (J.Z.:  In theory and by law every new nation's new central bank is supposed to provide a stable value standard. In reality they all use the same forced and exclusive currency system and it is abused by governments most of the time, with the system, the law and its administrators not being held responsible for the results. Those, who see solutions in territorial nations, large or small, usually subscribe also to "central banking", its monopoly, fraud and coercion. Territorial nationalism and monetary despotism are closely linked in most "minds". - J.Z., 5.2.03.)

 

   For some days now I feel something which the Germans express with: "Ich wittere Morgenluft". (I smell the fresh air of a morning. - J.Z.) (May be a quotation from a forgotten poem.)

 

   The editor is afraid to destroy the unity of his movement. But certainly the movement cannot be weakened by adopting the Free Banking Principle. (The editor is not afraid to defend Henry George and his ideas, which are 100 times more likely to destroy the movement's unity than are the Free Banking Ideas. There is a good element in Henry George's doctrine but he never took into consideration what is now of the greatest importance: That is the raising of prices, including that of land, as a consequence of devaluation. Will the Single Taxers pretend that the increase of nominal value to be expected is due to the activities of the community? It is due to the blunder of a single man or of a few men, but certainly not to the community in the sense in which Henry George meant it. One day that will be found out - - by such a logical and educated nation as that of the Scots - - and then the unity is in danger, if the editor insists on making land confiscation a programme point of the movement.)

 

(J.Z.: George-ists say that this is not their aim and method. But, mostly, they do treat private land owners as if they were serfs of the feudal lord: the government, and the Georgist government confiscates what it considers as an "unearned" income from land: the added value not due to improvements by the owner but due to market forces, among them an increased population or increased local density of population. - Its "single tax". According to them the community alone would have created this additional value and would thus be entitled to tax it away. They stress that, otherwise, they would respect private land ownership and that their reform would make it more widely spread and would put a pressure on to use land economically. Thus their doctrine is different from those who want to nationalise or municipalise land outright. Only a few George-ists have considered realising their dreams of land reform voluntarily, privately and cooperatively, e.g. by "proprietary communities" and through other private land reform attempts. Fewer still have considered free competition among all the land reform systems, at the expense of their supporters, which means the acquisition of land for this purpose is to be by donation or by purchase. At least Henry George was a Free Trader and Anti-Malthusian and generally for a free market economy. But he had his hang-ups, too, apart from the "single-tax", with his aversion against free migration. - J.Z., 5.2.03.)

 

   Free Banking does - - in contrast to all other "plans" - - not demand that it be imposed. It merely demands not to be prohibited.

If in Gibson's (apparently the editor of "The Scots Independent" - J.Z.) there were only landlords and tenants and they considered: If there is again an English Financial Dictator, who likes to debase England's money, then, should that be the authoritative means of payment for our leases? At least the majority of tenants, outnumbering the landlords, would say: Why not? It's not Scotland's trouble but that of the landlords. Only the landlords might strongly object.

(I took great liberties with B.'s English version here but believe that B. would have said something like that, if he had revised the following passage. - J.Z., 5.2.03.)

(B.: "If in Gibson's Scotland will be - - say landlords and tenants who like to agree: If again an English Financial Dictator likes to debase England's money that shall be authoritative for our lease - - well - - why not? It's not Scotland's pity but that of the landlord.")

 

But Gibson demanded something more, namely, that everybody in Scotland shall have the right to agree with others on a stable value basis for all their contracts and that is a fair demand. Once it is sufficiently published, it will not fail to supported by many people in England as well.

   Gibson's independence ideas and your Free Banking ideas together are like carbon and nitre, together. One spark and it explodes. (Sulphur is useful but not absolutely necessary - - believe an old anarchist - - and if not, refer to the chemistry books.)

(They need considerable processing to explode like gun powder, rather than merely burn fast! - J.Z., 5.2.03.)

 

   Gibson may remember that Scotland is the only country in the whole world whose money system was an essential element of its nationality.  To revive that nationality without reviving the old money principles is like galvanising a corpse.

 

   I do hope that Gibson will lead his movement without arousing any hatred against England as a nation. Firstly, that would not be fair, and secondly - - in politics more important - - it would be impossible. There may be serious differences between the nations, but certainly there is no hate on any side.

 

   It is another thing with monetary independence. It may be demanded without any national antagonism. I remember the days, in October 1923, when Hamburg declared herself monetarily independent from Berlin. The Hamburgers remained good Germans and were far from hating the Berliners. But the workers had built barricades to prop up their demand for a wage-money constant in value. On the same day the Senate ceded (with pleasure - - some other time I will report to you the dramatic scenes), founded a bank for gold-based notes and, on the same afternoon, the first wage-payments were made with the new money. (The Minister of Finance, Luther, went the next day to the Mayor Petersen and threatened to arrest him. But Petersen was the right man in the right place and told the Minister, that if he would say still another word against the brilliant Hamburg Gold-mark, then he would arrest him. "Be sure", he added, "the Hamburg police obeys me and the only thing, which here is still in doubt is, whether the Berliners will want you to continue the inflation. Probably, they will sent us a wire: 'Keep the old note-printer" (Luther - J.Z.) at Hamburg but send us, at our expense, the man who, so rapidly, introduced a gold bank.' And now, old chap, cease to cheat your countrymen, become honest and imitate us."

Luther returned to Berlin and founded - - not quite so quickly as the Hamburgers - - his "Rentenbank", and issued some 100 millions of "Rentenbankscheine".

 

(J.Z.: B. told me that Petersen threatened to secede if the Hamburg Gold-mark bank would be suppressed. Here one should remember, that Hitler made his first putsch a few days later in Munich, 8/9 November 1923 and similar attempts were to be expected elsewhere. Moreover, printing costs of the paper Reichsmark came already, at the end, Nov. 23rd 1923, to 48 % of the purchasing power of the fresh notes. Thus the inflation could not have been continued much longer. Almost all printing shops were printing notes and could not keep up with the demand for them, because prices raced ahead of the printing presses. Many other more stable emergency monies were already issued then, by officials or privately. - J.Z., 5.2.03.)

----------------------

 

   May Gibson proclaim as an essential aim of his movement:

 

   Everybody in Scotland shall have the right to conclude contracts on a value basis which the contracting parties themselves prefer,

                               but the old monetary system of Scotland must be restored.

-----------------------

 

    The opportunity to do so is as favourable as it never was before and, perhaps, for many years it will not come again.

    And you - - prepare a new edition of Free Banking. It Gibson follows the hint, the rest of the present edition is sold in less than four weeks. Where can anyone - - today - - get any information about the old Scotch System but in your book????? And thousands will, if Gibson has published his monetary program.

   It Gibson is an adherent, then it is simply his duty to state this openly, so that his followers may know what a man he is.

I prophesy to him, that he will not only have the pleasure of having fulfilled his duty but a great additional pleasure.  He will be considered as the monetary saviour of Scotland and not only of Scotland.

----------------------

These few words in great haste. I hope to continue, in a few days.

--------------------

Very faithfully Yours - signed: U. v. Beckerath.

 

(I do not know what kept him as busy in these days. - J.Z., 5.2.03.)

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                  14. X. 1949.

 

Dear Mr. Meulen,

 

Rittershausen sent me a clipping, dated Canton, 5th of July, from which I learn that the new

Silver-Yüan of China's "National"-Government shall have the relations:

1  USA - Doll.   = 1.75 Yüan,

1  Engl. Pound  = 3.72     "

1  Hongkong-D.= 0.24     "

 

   The "security" shall consist of

1.) Gold (for an honest Silver-Yüan certainly a cheat),

2.) Silver (they are prudent enough not to say how much silver) and

3.) "marketable bonds", which seems to be the thing here in question.

 

Of course, the bonds are government bonds, probably a simple sheet of paper, on which is written, that the government is willing to pay so and so much Yüan at such and such a time. We know that from Germany, where Governments, Corporations, etc. often created "guaranties" in that manner. The bond is insofar marketable as it will be handed over to the fool, who comes to the government, brings silver (or whatever the government can use and demands the "security". (Not very different from the American system, where the government pays 35 paper-dollars for 1 ounce of fine gold but is intelligent enough not to deliver 1 ounce of fine gold for 35 paper-dollars, but heartily delivers other "securities", that is: government bonds.)

 

Printing the bonds is not necessary, when in the whole of China there is not one man so foolish as to demand               that security. For a bond that remains in the Finance Clown's drawer a simple sheet of paper is sufficient.            

(We know all that all from Germany, whose secret financial history is still to be written.)

 

   One may say: The Chinese Government abuses a systems which, by itself, is quite sound. And here lies a  very serious error and it is exactly that error which has produced 3/4 of China's misery in the last decades, and not only China's misery.

   The system is not sound. It leads, inevitably, to inflation (the word taken in the sense of 1913, where it meant over-emission of fiat money). If the system seemed to work well, it was because a very different principle that was operating at the same time.

This principle was that, which formerly in Austria and later in the whole realm of the German language was called the "Steuerfundation" (tax foundation - J.Z.). (Security by readiness of the government to accept the paper money so as if would accept rare metal coins of the same nominal value, the sum of the due but not yet paid taxes on one side and the sum of the outstanding notes, on the other side, being equal. - - I do not know, whether a special word for that kind of security exists in the English language).

 

Lorenz von Stein, a great Austrian Economist, was - - as far as I know - - the last who examined the "Steuerfundation". (He demonstrated that if a government issues not more than 1/4 or 1/3 of its annual receipts in notes, then the notes remain at par or - - if there would be a discount, then it cannot be for more than a few hours  or days.

But Steuart, long before him, demonstrated more: If coins do not circulate in a sufficient quantity, the government        must issue so much paper money (not fiat money) that the means of payment for due taxes are not lacking.)

 

   While I write these lines, I remember that Steuart was - - although very young - - the Scottish Minister of Finance at the revolution of 1745. Steuart fled with the other heads of the revolution, if my bad memory does, not deceive me, to Paris. There he meditated:

1.) What blunders have I made myself?

2.) How must the revolution, and after the revolution's victory, the country be organised to maintain the victory?

 

   His intention was to write a kind of reference book, so that a statesman - - in first line a Scottish statesman - - regarding difficult questions, would have to do no more than look them up in this book and would find there what he would have to do, in a few lines. Never before was there born such a man as Steuart and, perhaps, never later. What a great time, that 18th century!!

 

   If Gibson does not read Steuart, then every Scotchman who does read him with care will be a better

Scotchman than he is. (Yes, he will be!) Goethe says:

 

"Was du ererbt von deinen Vaetern hast,          (What you have inherited from your fathers,

"erwirb es, um es zu besitzen. (Faust.)              you have still to study in order to really own it.)

 

   By his protest against the English devaluation from a Scotch standpoint, at the moment Gibson is in the focus of the world's history. (Not of the written, but of the real history.) It depends upon him, to remain there, as long as is necessary, until he has made his movement irresistible. And then the end will, quite inevitably, be the (peaceful) conquest of England by Scotland, in a similar honourable way as in the year 1603, when Scotland gave a king to England (not the best, unluckily, but perhaps not the worst, either.)

--------------------

 

   The principle: Value by acceptance, so as coins are accepted" (called by Rittershausen "Annahme-Prinzip") (Readiness-to-accept-principle - J.Z.) and its special application to taxes and State-issued paper-money was quite

known to W. B. Greene.  In "Mutual Banking", chapter VI, he says:

   "We are told that there is no instance of a government paper that did not depreciate. In reply I affirm that there is none assuming the form I propose (notes receivable by government in payment of dues) that ever did depreciate."                   

 

   But one thing was not distinguished with absolute clarity and the here necessary fanatic obstinacy, by Steuart,  Greene and Proudhon (but well by Lorenz von Stein):

   The present possibility to utilise the paper money in payments to whoever issued it and the future possibility.

 

   The present possibility is the only one which monetary science can admit as proper to secure the par value of paper money. The trust of the note bearers, that this possibility always exists, does enables the paper-money to circulate. Even bad governments, which do not pay their debts, may be trusted to levy taxes and so - - sometimes against their own desire - - create an opportunity to realise the paper money they issued.

 

   Besides: From this simple statement follows, that a paper money, issued on the acceptance principle, is no debt

of the government: It is a cheque drawn on the amount which the taxpayer owes the government. The taxpayer,  who did not yet pay his due taxes, is the debtor, not the government, and for a statesman, the difference is of fundamental importance.

  

   The trust of the public that a government will, some time in the future create an opportunity to realise or utilise the paper money, is another kind of trust than the trust that the government holds always open such an opportunity,  as long as notes are outstanding.

   Modern note issuers - - Chinese, but no less, Americans and English confound these two very different kinds of trust. They try to create a future possibility to utilise notes - - generally by a promise to convert the notes in the future (and think: Aprés nous le déluge!), which is an impossible thing - - and imagine that this kind of utilisation is also sufficient to achieve the same trust that is obtained by getting the notes realized, on demand, now. Consequently, they do care to bring into balance the always given but only relatively small amount that can presently be utilised at par with the total quantity of notes issued.

The practical consequence is:

 

1.) all due taxes are paid, and yet a quantity of notes remains in circulation which - - if the unlucky note bearers should desire it - - cannot be utilised,

 

2.) shopkeepers, artisans, landlords and, practically, all creditors, who are concerned with paying taxes, do not accept the notes at par, if they do accept them at all,

 

3.) the not tax-paying people, workers, those who already have paid their taxes and average women become angry - - not at the  government - - at least not for this reason - -  but at those who, will not accept the notes at par and who price differently, according to payment in metal or in paper,

(The average human brain is not so constructed that it is able to conceive a logical connection between two circumstances. if more than two logical links are to be taken into consideration. So the average man or woman demands that the shopkeeper to be hanged, whom he or she sees retaining the needed commodities, and not the government, whose officials he or she does not see besides the commodities. But economists and statesmen should have better constructed brains.)

 

4.) The government feels personally offended by the lack of trust. It forbids all utterances that may be interpreted as a distrust in the circulating money. (That happened frequently in the Middle-Ages, when the "Beschreien der Münzen" (decrying of coins? Throwing suspicion on the coins? - J.Z.) was considered to be one of the most evil crimes.)

 

5.) Price regulations are introduced with all their terrors known to historians for centuries but unknown to average people, deputies, ministers, etc.

 

6.) Men are killed for violating the price controls, as happened during the French Revolution (most of those guillotined were "price sinners") and now in China.

 

   And that all originates from the failure to distinguish between the two kinds of trust:

 

a.) the trust of a creditor to be paid at the promised date and

 

b.) the trust of a note bearer that there will always be an opportunity to utilise his notes. (Especially right now, if he

     wants to. - J.Z., 6.2.03.)

 

   The note bearer is not a creditor (although generally thought to be a creditor) and not a debtor of the State, except in the few cases where the note bearer is paying taxes by notes.

What is the note bearer ?????  Here, and in all languages, a fitting word in missing. (To call the note bearer a claimant or an entitled person would not be sufficiently distinct - - I  think.)

   In the USA, where the minutemen of 1774 are not yet forgotten and this expression is still frequently used, the

term "monetary minutemen" could become a slogan, which the man in the street will not fail to abbreviate into something like "momime", by which he means a claimant, whose claim must be satisfied within a minute.

(My great respect for Webster prevents me from offering more details about the etymological side of the problem.

-------------------

 

   A government must distinguish

 

a.)  the means of its subsistence which it can raise by taxes and

 

b.)  those means which it must raise by a loan.

 

   The government is able to issue notes at par, notes that are not fiat money, for the amount of due taxes. If the government wants more liquid means, than the due and not yet paid taxes amount to, then it must borrow and pay interest.

If it tries to get these means, also, simply by note-issues, it debases

   a) in the case that the notes are a fiat money, by a general increase in prices, and a discount at foreign markets,

   b) in the case that the notes are not fiat money, by a discount at the open market, foreign and domestic.

all outstanding notes and, as the very able German (Jewish) author Lansburgh - - for many years editor of "Die Bank" - - an internationally recognised monthly - - seriously demanded, deserves death. Landsburgh demanded a standard which he proposed to call a "Galgenwaehrung" ("gibbet-standard") (gallows currency - J.Z., 6.2.03.). The present Minister of Finance (Treasurer - J.Z.) should at once be hanged, if at the open and free market his notes would get a discount for more than a very small amount and this for more than a very short time. Landsburgh was quite right and in the Four Bills his proposal is contained, although the authors would not talk of a gibbet in their Bills.

 

(J.Z.: Free market rating also for governmental and central bank notes, the right to refuse them altogether and the right to issue, accept and pay with alternative means of payment and clearing and to utilise for these purposes alternative value standards, in other words, full monetary freedom, would be a more humane approach and would end the inhuman conditions that result when anyone, even the best of characters, is entrusted with all the powers and temptations of monetary despotism. Absolute power corrupts absolutely, in this sphere as well. Can and will Alan Greenspan act like a libertarian and monetary freedom practitioner when he is in charge of the Federal Reserve System? There he is largely reduced to increasing or lowering his interest rate and to make seemingly profound sounding statements on that. He has became part of that totalitarian machine. - J.Z., 6.2.03 & 23.5.03..)

 

   Neither China nor any other country in the world - - and the Scotch may believe it - - can get a stable economy and avoid the planners, if the people do not comprehend the above stated principles. The people must come to understand these principles so well, that the government would immediately encounter resistance if it tries to misuse the country's monetary system for getting an additional income.

 

(J.Z.: Better, still, it must come to tolerate the establishment, maintenance and growth of voluntaristic monetary systems, that would make such abuses, among their participants, quite impossible! From these private and voluntary payment communities or experiments the most honest and efficient systems would spread, even while most of their new members would still not comprehend why they do work, while the forced and exclusive currency systems of governments do not.  - J.Z., 6.2.03.)

 

   It is sufficient if in o n e country of the world the people display such a degree of true culture. It seems that only Scotland can be that country, seeing that only Scotland can boast of a good currency system as a national tradition (one suppressed by brute force, but not yet forgotten).

 

   Some years ago, I wrongly believed that the Jews were able to blend an honest monetary system with national traditions. From Zander I had received, as a most valuable present (also burnt) (Who can provide me with a copy, at least for microfilming? - J.Z., 6.2.03.) an extract, compiled by a Rabbi of Wilna, from the Talmud, in which all monetary prescriptions of the Talmud concerning good and debased money were combined. The Talmud states that monetary honesty is an essential element of the Jewish character, so that an orthodox Jew never will win by paying his creditors with debased money, even when the Caesar has permitted this.

 

(J.Z.: B. told me, that the only exception granted was when the debtor had himself been paid with debased money. How can such a rare tradition in monetary matters remain as widely unknown and unpublished, at least among non-Jewish people, and also as unappreciated among Jewish people? - J.Z., 6.2.03.) 

 

That impressed me strongly, and I was very clad to hear from Zander that he would do what he could to revive the old Talmud traditions in a monetary program of Zionism to be framed. He did nothing (or could do nothing) and            the monetary policy of Israel is so tyrannical and dishonest as that of the goyim and not very far from that of China. In my mind I cancelled all sympathies for the State Israel (which has nothing to do with my esteem for the aristocratic part of the Jews) and my hope now is Scotland.

 

                                 Very faithfully Yours - signed: U. v. Beckerath.

 

(J.Z.: He should not have been surprised that the old religious traditions of Jews were not realized in the territorial State of Israel, where more or less orthodox Jewish people form only a minority and their orthodoxies are more concerned with other matters than monetary justice and efficiency. For precisely those groups of Jews did settle there, who shared, all too much, the territorialist prejudices, errors and myths of the other people, among whom they had lived and who were almost religiously determined to realized these prejudices, errors and myths in their own national territory. This they did, with the results to be expected. The other Jews in the world, given the choice, rather stayed were they lived, making use of whatever limited rights and liberties they still enjoyed there, or moved to countries which had some liberties and some security left, while somewhat sympathising with and supporting their fellow-Jews who had settled in Israel. They never came to agree that it would be their religious duty to settle in Israel. To that extent they remained cosmopolitans, which had formed, as such, a more honourable tradition than their territorial and national ancient and new tradition. That the State of Israel is more democratic than the other territorial States around it, does not yet sufficiently distinguish it from the territorialism of the other States around it, nor from that of the "freedom fighters" or terrorists of among the Palestinians and other Arab fanatics & fundamentalists. By upholding monetary despotism, with its inevitable consequences: Inflation, mass unemployment, hatred of foreigners, persistent financial difficulties, they perpetuated their own difficulties and insecurity. Many of those Jews, who did not emigrate - or were deported! -  to Israel, might even have realised that concentrating all Jews in that small territory would, in essence, amount to voluntarily establishing a form of "concentration camp", however militarily armed and prepared for defence, one that could, one day, be very rapidly turned into an "extermination camp" by a few ABC mass murder devices in the hands of their racist, national, ethnic etc. fanatic enemies. Nor did they realize, being also territorial nationalists, to a large extent, despite many of their cosmopolitan views and connections, that precisely only their limited exterritorial autonomy traditions, and those of the Arabs, as opposed to their territorialist traditions, offered them repeatable and extendable opportunities to dissolve these ancient and continuing collective hatreds. Or they might merely consider Israel as a refuge option once antisemitism in those countries in which they had stayed, would have flared up, all too much, without any rational foundation, once again, usually as a result of a crisis that can also be traced back - but would not be, by them and most others - to monetary despotism. - I would not go as far as some, very few, Jews have gone, in their criticism of Israel, namely to call those, who settled there, as if this were the only or the best and most rightful solution for them, the "Jewish Nazis", in spite of many differences between them and the real Nazis, but, nevertheless, there are some traits of Israeli nationalism which it does have in common with the extreme and racist nationalism of the German Nazis: Their stress of the "blood and soil", which I call "territorialism", its extensive economic interventionism, coming in some respects all too close to national or State socialism, their stress of the religions, national, ethnic and racial nature of Jewish people - in spite of the fact that there are "Jewish" people of most races, and their sharing, with all too many other people, what has been called "the myth of the chosen people", God's very own people. So I do not expect our "salvation" to come from these statist circles, either. -  J.Z., 5.2.03.)

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U. v. Beckerath, …                                                  15. X. 1949.  Your letters of 4th and 5th of October.

 

Dear Mr. Meulen,

 

your old shrewd Scotsman, with his remark about the use of the word but is quite right. But: It is natural that in a discussion the participants first state the items about which their opinion is the same and then add a new item, whose consideration must enlarge or restrict the other's opinion.

The word "but" is an excellent invention. I would like to know whether other languages, like Asiatic, African or American ones, provided an equivalent word to "but". Civilisation and culture depend first of all upon language. Congo pygmies, Papuans and Australian Aborigines probably - - I think - - have no expression like "but" in their languages.

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   Your own handwriting proves that the thicker down strokes are not essential to make handwriting look very nice. I read your handwriting as if the text were printed. And the characteristics of your handwriting is well enough preserved by your Biro-Pen to distinguish it from all others. Therefore, I cannot accept your arguments against Biro-Pens and will buy such a useful thing at the next opportunity. The old Berlin proverb does also apply: "Alles Gute ist nie beisammen!" (Everything that is good does never come together. - J.Z., 6.2.03.)

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I have learnt by now that Biro-Pens are filled with a kind of cream. (Paste - before he had said: "powder". - J.Z.)

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   You are quite right to say: "When our tourists take our currency abroad, it is equivalent to a gift of our goods to foreigners. (As if they did not get the wanted tourist services in return! - J.Z., 6.2.03.) But - - I think - - to give English goods to foreigners is the very purpose of the kind of export which Sir David so urgently demands. Essential is that Englishmen receive something of equal value for the English goods. That condition is fulfilled, when Englishmen, for their pleasure abroad do pay with English notes, and then the notes find their way back to England, buy there what the note-holders think to be useful or pleasurable and then the bought goods go abroad.

 

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   Gold prices. Do you know the gold prices drawn from the edict of emperor Diocletian about maximum-prices? The German mathematician, economist and great Professor Lexis reduced the old Roman gold prices to Kilograms, Litres and gold-marks - - about 40 years ago - - and, at once, it was to be seen, that the prices in old Rome were not very different from those of the 19th century in Italy. I think that some English economist will have reduced the prices to English measures and English money. If not, and if you are interested, I will try to get the former edition of the "Handwoerterbuch der Staatswissenschaften", where Lexis's table is copied, and make, an extract.

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   I mentioned to you Louise Saxe Eby's splendid book "The Quest for Moral Law". I could not resist the temptation to write her some words about her chapter on Kant's ethics and that of Buddha. Then, last week, I dreamt, immediately before awakening, that I lost a tooth, but without a toothache. Artemidoros teaches that such a dream means the death of a good friend but not of a relative. Some minutes later the post girl hands me over my letter to Miss Eby, with the stamp: "Décédé".

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   Nietzsche's criticism of Christianity.  I do hope to be impartial here, seeing that I am searching for a new religion (whose elements, perhaps may lie in Kant's and in Schopenhauer's philosophy) and am convinced that Christianity, which plunged the world in bloodshed and terror, for more than 1,000 years, is not a good religion. But: Nietzsche is - - I think - - not right. Nietzsche did not live among Christians and, therefore, lacked an essential element to criticise it. Also Nietzsche did not take, sufficiently, into consideration, that there are several kinds of Christianity. To some  applies - - I admit it - - Nietzsche's criticism, e.g., to that kind of Christianity which the emperor Constantine introduced, certainly because it was a religion for slaves. Other kinds of  Christianity are no slave religion, although philosophy must reject them as well.

 

    Take Cromwell's Christianity. Certainly, he was a Christian. But had he the mentality of a slave? Had his Ironsides such a mentality?

  

   Take the Christianity of Haiti. Before the French Revolution the slaves were Christians and, perhaps, their religion was a slave religion. But one day some Negroes of superior piety told their comrades: Listen, brethren, the Whites murdered Christ, let us kill the Whites! And at once the Negroes displayed the kind of Christianity, which resembled more the doctrines of Torquemada than those of Christ. The let the whites pass through the sugar-mills and used other killing methods, newly invented, to transport the souls of the white to the places to which they belonged. I will neither defend nor blame the religion of the Negroes, which led them to such procedures, but when they practised them, they were slaves no more, they were rebels. And their religion, certainly, was still a kind of Christianity.

   It is well known how the Haiti-religion developed. It is now what the Negroes themselves call a Vaudoux-Religion, whose head is a "Papa-Loi", a kind of pope, and a "Mama-Loi", the female pope, which seems not unlogical.

The old spirit of independence still prevails in Haiti, as travellers report, and from that I conclude, that there must  be something good in their religion, Well - - from to time there occurs a little cannibalism - - before 1914 I considered that as a serious defect. But since I have seen what the whites did, in their wars, I must change my views and now I consider the cannibalism at the Vaudoux-Festivals as a little "beauty-defect" (Schönheitsfehler). It costs the life of one man a year and of one woman, and the victims are proud to have been selected for such a holy purpose. They die - - I think - - wishing good appetite to their fellows and these esteem them as holy beings, who, in heaven, proclaim the high moral standard of the Haiti-people, while their corpse is eaten.("To eat from the black, hairless swine" is the technical term for the anthropophagic part of the great annual festival.)

 

   Christ himself certainly was no slave-nature, if the evangelist-stories are true (and I think, many are true). Christ was a revolutionary. I join the critics, who assert that he had prepared a general strike of the taxpayers, insofar as temple-taxes were concerned. The movement was a secret one. Some passages get a quite reasonable meaning if one supposes such an intention for Christ. (Matth. 23, 39, John 16, 16, Luk. 24,21 is reported the word of a disappointed adherent after Christ's death. Many critics said: How is it possible that an adherent could be disappointed about the political failure of Christ, when he had so often repeated: My kingdom is not of this world! The explanation is simple: The aims of Christ were also of political nature, if one can call a refusal of church taxes a political action. That there must have been some quarrels between Christ and the tax-gatherers is revealed in  Matth. 17, 24. The true story is falsified, as can be seen from verse. 27.

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   The papers report that in the Ukraine there was a battle between rebels and Stalin's troops. 1600 rebels were                           taken prisoner - - it is said. If the rebels have no plan on how to finance their rebellion, then they must fail. I refer to my letter of 7. 9. 49.

 

   A plan on how to finance an insurrectionist army was drawn up by my friend Dr. Holzhauer, in his book: "Barzahlung in militaerisch besetzten Gebieten" ("Cash payments by occupying armies"). The book was published in 1939, some months before the war. Nobody of the leading Nazis - - of course - - noticed that Holzhauer had described a plan to finance an army fighting against the Nazis and that this was the real intention of the book. The censors recommended the book as valuable and worth printing. We - - Holzhauer, Rittershausen (who wrote an introduction), I and 2 or 3 friends - - were seldom in our lives so amused as by this decision. It is in the nature of the principle introduced by Holzhauer - - identical with that of Greene - - that it can be abused by any army which taxes a conquered territory. The Japanese constructed their military notes for the Chinese conquered territory quite

in the manner proposed by Holzhauer, that is, without cours forcé. Certainly they had read his book, and so one can say: Holzhauer's principle was proven by practice. (Since Stalingrad I heard nothing from Holzhauer.)

 

(J.Z.: His parents or siblings might have preserved the complete manuscript! Georg Holzhauer was his full name. J.Z., 6.2.03.) (I reproduced the printed book in PEACE PLANS, also a manuscript version and some relevant articles, but, alas, the manuscript version, which seems to be identical with the printed version, did not contain what I expected, according to a remark by B.: an appendix on financing revolutions. Maybe that was not submitted to the publishers, who were, like all other German publishers then, supervised by the Gestapo. If his parents kept that appendix, then it might have got lost with them. They lived in East Germany, I do not know for how long and whether Georg Holzhauer had brothers or sisters. Books still do have their fates. Worse is, naturally, the loss of B.'s book manuscript on financing revolutions, in the air raid on Berlin on 22nd of November 1943. - If the Western Allies had, instead, concentrated their air raids on military targets, then all totalitarian regimes and dictatorships might have been overthrown long ago and the Nazi regime would have been defeated much earlier. Thus did "Western civilisation" "save" it self! - J.Z., 23.5.03.)

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   Some years before the war I had a book in which were described the payment customs in the Eastern parts of Germany. Among others were mentioned the Kassubes, a small people dwelling in the Prussian Province "Westpreussen" (At least some Zubes lived nearby! - J.Z., 6.2.03.  - Recent website research by my granddaughter, Amanda, revealed that the Zube-named people seem to have come from Switzerland. - J.Z., 23.5.03. ), in the East of Pommerania. They speak their own language, which resembles the Polish but which only Kassubes understand. The author reported that Kassubes possess a special mentality for clearing. In their transactions they seldom use cash and demand also from the peasants seldom cash. From time to time the Kassube merchants meet at an inn (always the same for decades) and there they clear, exactly like the merchants did in the Middle Ages, at Lyon, Cahors, etc., at the fairs. The only difference is, that they use few papers and notes but keep the greatest part in their memory and clear verbally. (That would certainly have tax advantages! - J.Z., 6.2.03.)

Nobody but a Kassube merchant understands how they do that. If only it would be possible to send your book to a Kassube! All people who try to make the economy independent from the quantity of State money should know of one another. (J.Z.: Did the Kassubes have an early connection with Switzerland? Your guess is as good as mine. - J.Z., 23.5.03.)

--------------------

 

   The true Supermen are those who possess the following faculties:

 

   1.) The Superman conceives that an economic crisis concerns every man, the philosopher in his solitude, like Nietzsche's Sils Maria, as well as the poet in Rilke's garret (I do not like Rilke much), the average worker as well as the high official. The average man takes an economic crisis, if it comes to him, like a personal misfortune.

 

   2. ) The superman is so intelligent that he perceives 

 

          a.)  if on one side there are un-saleable products while, on the other side, there are men in need of these very    

                products, then there must be a simple means to achieve clearing. The average man, when he looks at the  

                starving men, says: We have an overpopulation. If he sees the unsold products, he says: the merchants

                have speculated and, besides, he is convinced that the standard of living has been much too high.

          b.)  that the solution needs no sacrifice, no additional taxes and no "harder work" - - especially not of the   

                unemployed - - but that the people must be provided with means of payment to buy with. (He does not       

                fear inflation because he knows - - as superman - - that without a cours forcé no inflation is possible and 

                thus he rejects the cours forcé.) The average man says: We are in difficulties, and difficulties must be

                overcome by extra efforts.

 

   3.) The superman finds words to communicate his ideas and counsels his fellows, finds out the secret to make                                    

        them listen, knows how to escape being crucified, and he is present at every place where new obstacles arise 

        (How? He knows that.), speaks to men in the right way, so that they take up their work instead of mutually

        cutting their throats, which, for average men is the next and the given way-out.

 

   4.) If an earthworm, by a blunder of fate, becomes a regent, begins a war, the superman finds the words and the 

        means to communicate the words to others, and so convinces the men not to obey the earthworm but, instead,

        to put it into a box, where such beings can be conserved, until they can be used as bait for fishing, which is the

        best purpose to which they can be put. Then the superman says to the men: Now, stop for some minutes all

        your everyday talking, your card-playing and Schnapps drinking; here is a Magna Charta, which you must

        sign and which prevents future wars. You have signed? Well, now go home and continue everyday talking,

        card-playing and drinking. He finds the means to produce a (new? - J.Z.) He finds out the means to get the

        Magna Charta read, understood and even a subject of interest. A mere man cannot do that. If a man frames

        such a Magna Charta, he will probably be burnt alive and publicly.

 

The superman knows how to avoid such inconveniences - - how??? I do not know, but then I am no superman.

-----------------

 

   It has often been remarked, that Nietzsche never said what his superman should do in this world; he did not even say whether his superman will e a single man, a couple, a group, a new race or whatever may be possible. I suspect that Nietzsche himself did not know it.

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   I must thank you very much for the new mailing of printed matter, which I received yesterday at the family Blösz.

In his National News Letter of 6. X. 49, Stephen King Hall - - certainly not an average writer - - says:

   "The opposition … had no idea in their heads (at least none that they were prepared to let out of their mouths) about the concrete measures necessary to save us from threatening disaster."

   He is right - - it is an astonishing thing, considering that among some 100 well-educated and interested men, there has been not a single one to propose positive measures. I would have expected, that at least one of them would ask: Men, is that really necessary, that England must pay for her imports from the USA with Dollars originating in the USA?? Have we not ourselves enacted such a prescription, which now shows that it cannot be fulfilled? Or has anyone - - the Board of Trade, or the Bank of England or Cripps or any other - - abused the plenary powers entrusted to him?? And who has forbidden USA exporters to accept other means of payments from us than USA Dollars? Obviously, here lies the rub! Let us talk about it! We must investigate that! Is it not self-evident that a buyer must pay with the money of the seller! For centuries such a condition has not existed.

And then another would have stated, that there do exist some other possibilities, e.g. those which were investigated in the circle of Professor Edgard Milhaud at Geneva. Should we not talk about the possibility - - he would have said - - to pay with clearing certificates like the following bond:

 

"This bond we, the concern XYZ, accept in our business at the value of 100 dollars,

at the quotation of the exchange at ABC."

                     

And that firm is an English one.

Did the Americans already refuse such a payment?

Would not such a kind of payment provide the same services as the present one - but without the latter's inconveniences?

Gentlemen - - this thing is important - - let us at least state why it should be impossible, if it is impossible.

   

   But, not a single MP talked thus!

  

(J.Z.: Note also, that none of the secret services and none of the government's famous economic advisors did. In these respects they know no more and show not higher interest than the average man in the street. No "supermen" among them, either. And so immense misery continues, trade wars and finally bloody wars happen, again and again, also dictatorships, revolutions, civil wars, mutual slaughters, which could all have been avoided by really

freeing all exchange options. - J.Z., 6.2.03.)

 

   In the edition of 8 September 1949 he says:

   "The root of the world's troubles is that man's progress in the technical business of existence has not been paralleled by a corresponding in the art of living. Our technology is 20th century but our modes of political thought are medieval."

 

   Here are some errors.

The technique is not sufficiently developed. The art to bring wanted products into the hands of the consumer belongs to the technology of production no less than the care for the health of the workers and the oiling of machines. That has nothing to do with art of living. The latter is the art to use products in the best possible way, but the transmission of products to consumers belongs to production no less so than any other commercial action belongs to it. Stephen King Hall should read your book and the publications of Milhaud's "Annals" - - still to be bought at Williams and Norgate, Great Russell Street.

 

   The technique of payment was better developed in medieval times than it is today. In Cantor's splendid "Geschichte der Mathematik" (History of Mathematics - J.Z.)I found medieval specimens for clearing far superior to the specimens reported by Jevons in his book "Money", where he describes the manner of clearing at the London Clearing House.

The medieval merchants were not forced to pay all debts in cash but only those for which a clearing was impossible.

(Many years ago I possessed the rules of the Leipzig Guild of merchants, where that was explained. Burnt.)

 

   Stephen King Hall is in error if he thinks that our methods of political thinking are medieval. In the 12th century it happened, at many places in Europe, that when the serfs heard, once again, that Christ died for all men, thus also for them, but that men must make himself worthy of it, finally, the serfs agreed, and, secretly - - they needed months and years - - they prepared in a forest but (if it could be) near a river, a camp. The camp was well provided with victuals, stakes, the then new invention of the cross-bow (the pope had forbidden its application against "Christians", that meant against the nobility, because a bolt penetrated an armour at a distance of 60 paces) and ballistas. The latter were of wood and could be constructed by skilled carpenters. Then, one night, the serfs of a great nobleman and those of his neighbours would escape and assemble at the camp, which, in a few hours, was made unassailable. The serfs were well provided with water and kept everything in the camp wet, so that fire-arrows were of no use.

And then they spoke: Here we are worthy to be redeemed by Christ's death. We declare God to be our father, as Christ taught us, and we hope that he will help us to maintain our freedom. Christ spoke always with contempt of servants, well - - here we are no longer servants. The nobility with its heavy armoured horses was quite helpless vis-à-vis these camps. If rider and horses came too near to the walls, then they were shot by cross-bows and the ballistas. And if the knights preferred to fight as foot-soldiers, they met the long pikes of the serfs. Regularly there was a treaty agreed upon, by which the new community paid a little redemption to the noblemen and then the nobles kept peace. That seems to have been the beginning of the Hansa, later powerful and celebrated.

 

(J.Z.: Probably many of the medieval towns were founded in this way. But I doubt that many of these events were ever fully documented in writing. The legend of "Robin Hood" describes something similar for England. The Swiss republic probably largely originated in this way. For me there was a somewhat related small experience in the forest of Tegel, a suburb of Berlin. A group of nudists, sunbathers and open air exercise people could not get permission for a place of their own or could not afford to hire or buy one. So they simply cleared an area in the State forest for themselves and used it for their purposes. It was not very far from roads or settlements. Nevertheless, they got away with this, for many years, although they had, obviously, broken many laws and stepped on the toes of many bureaucrats, especially those of the forestry department. My uncle Erich was one of them. I saw the place myself, as a young child. Few outsiders ever reached that place. One had to know the small paths leading to it and most forest visitors stayed on the main tracks. As far as I know, not one of these activists was ever caught, convicted and punished. When medieval serfs struck for their freedom, they had much larger forests to hide their preparatory activities in. - J.Z., 6.2.03.)

 

   Modern thinking of people does not surpass wage-slavery. (Rather: The employer-employee relationship. - J.Z.)

The worker thinks never of being more than a wage-slave. He wants more pay and less working hours: That's all. the most revolutionary among them demand to become wage-slaves of the State.

-----------------

 

   With pleasure I read your contribution to the issue of Truth, No. 3809 of 23. 9. 1949, page 334: "Proudhon and Property".

 

   I had some works by Proudhon, also his project for a mutual bank. For many years it has been my aim to translate it into German and supply a commentary. When I received, through your kindness, shortly before the war, W. B. Greene's  "Mutual Banking", I thought, that the two books must be combined, in their translations and I was under the great error: Perhaps the unknown power, which compels us to live in this … has charged me with that task, and it may be that in Germany a translation of these books would act like Hercules' clearing of the Augean stables, by directing the rivers Penäus and Alphäus to the stables.

I did not translate the books, having only at the evenings and on Sundays a little time.

 

   The error of Proudhon was to treat mortgages like present goods. But everywhere the time element plays a

role. The exchange of goods, separated by time must be done by credit instruments and the paying of interest is unavoidable. The bank cannot simply mortgage a block of land by handing its notes to the proprietor.

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I have still much to write and hope to do it later.

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Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                    17. X. 1949. Your letter of 9. X 49., received to-day, (London Post stamp: 13. X.)

                                                               

Dear Mr. Meulen,

 

the London saying you quote is amusing; it reminds me of the word of Voltaire:

   "Every government possesses fortitude enough to bear its subjects' troubles."

The saying seems to be of possible practical application in times of war. Then there constantly occur cases of retaliation: "10 English prisoners will be ill-treated for every German one ill-treated!" "10 German towns destroyed       for one destroyed English town!" etc. Its very seldom that governments mind such retaliations, least of all governments like the Nazi or the Soviet one. (The Tsarist one, on this point, was no better than the Bolshevist one. I could tell you stories of prisoners, German and Russians!)

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My personal finances. You are a good-hearted anarchist - - most of them were. (I cannot say: are.) We and a dozen others are the last surviving. The goodness of anarchists was so striking to those, who first came to know such people, that Zola pointed it out as an example. In his Germinal  - - a pity if you should not have read it - - one of the main characters is an anarchist, by the name Suwarine. He worked with the miners of a great French mine near Lens. Every evening he was in an Estaminet, whose owner was a socialist, not in order to drink there, but to talk with the miners. A rabbit came to him every evening and slept on his knees. One day, he missed his rabbit and asked for it. "The rabbit, he was told, is on the plate before you. You are eating it!" Suvarine had to stop eating it. Nevertheless, the same man tried to kill several hundred workers - because they had given in to the employer and ended a strike. He had invented a device by which the mine would be destroyed. Only by chance was it discovered in time.

 

   The story of my personal finance is less bloody. I get the legal assistance for unemployed, which is paid for 1/2 year. (We do hope that by a new law that duration will be extended to 39 weeks). In my case it comes to 24.90 West-marks a week. For me it has been sufficient. And more: I have been able to buy a book from time to time, especially in the Eastern sector. Among the books is a wonderful 10-place table of logarithms, which I bought for 48 East-marks. (1 West-mark = 5.60 East-marks.) Some days ago, I saw the same table for 48 West-marks in a bookshop in the Western sector.

 

    I do not smoke, drink no alcohol in any form, do not visit theatres, for all of which I did not care for my whole life, and victuals are cheap at present in Berlin-West, much cheaper - - counted in gold - - than they were before the war.

An example: 500 grams of oats cost 0.60 - 0.70 West-marks and 500 g is enough for several days. At the time of the blockade and before - - one can say from 1939 to 1949 - - they were generally considered a delicacy and rightly so.

Spinoza lived on oats, for which he daily spent about three old gold pence. This frugality enabled him to be quite independent and gave him leisure to write books which are still read and, perhaps, more today than at his time.

Formerly, I over-estimated Spinoza's frugality. Today I know from my own experience that he was a gourmand

- - oats - - a good thing - - also for bourgeois with rubber shares and other such instruments extorting proletarian sweat.

(The invention of shares increased the income of proletarians in the ration of 1 : 7 between about 1800 and 1900 - - as a statistic of an economist of Basil seems to demonstrate. The news of dividends is in the papers, c'est ce que l'on voit. The real economic role of shares, c'est ce que l'on ne voit pas.)

 

   I do hope to get an old age pension once the unemployment assistance ceases. (He was 67 then and was already entitled to an old age pension from his 65th year. - J.Z.)

 

   Concerning your shares you remind me of Thales. His fellow-citizens mocked him, because he was merely a philosopher and earned no money. One day that annoyed him. As a scientist he knew, that in the next year there would be an unusually good oil crop. With the help of his friends he bought all oil mills that he could get. When the olives got ripe, the fellow-citizens had to give him good words, so that he kindly permitted them to use the oil mills. He was as kind, but his kindness cost them what it was worth. And now Thales came to be highly esteemed and later, when he had succeeded in calculating a solar eclipse, they took him for a being from the celestial spheres.

I would like to know how he foresaw the weather of the good oil year. Our meteorologists are not so advanced.

 

   Interesting what you say about the habit of your Jewish friends. It is a very good habit, one of the good Jewish habits. (I knew and old Jew, a very learned man and of the best character. He was quite orthodox and ate nothing of what the Talmud does not permit. In a special case - - I forgot what it was about - - I asked him, why he was so orthodox, and what real advantage it had for him to preserve, so carefully, the old prescriptions. He answered: I do not know why our wise forefathers framed these prescriptions. But I think it probably that they contributed in some way to the superiority of our race - - of which he was fully convinced - - although I cannot see to what extent. So it may be with many habits of the Jews.)

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   Your doctor Gerson. If the number of his successes is considerable (20 cases would already by considerable, I think) then the basis of a statistic is given. 3 years are a lot of time.

----------------------

 

   Christianity.  Although I am unemployed, every minute of my day is occupied. I do not know myself how that is possible, but time is going on for me much quicker than formerly, when I went daily to the office. And, nevertheless, there are 3 authors whose works I read nearly daily, even if that means only three lines a day:

The first is the author of Free Banking, the second is Benjamin R. Tucker, the third is Montaigne. They are always before me.

If it is your opinion that the book of J. M. Robertson, M.P., "Pagan Christs", is worth more than one of the three - - especially for a man with my interest sphere - - I will be much obliged to you, if you will be so kind as to send me the book. But really: I could read it only at the expense of the three authors.

   In Montaigne I found a passage, important for you, who probably reads much more than I do:

   "Les livres ont beaucoup de qualitez agréables à ceulx qui les sçavent choisir, mais, aulcun bien sans peine; c'est un plaisir qui n'est pas net et pur; non plus que les aultres; il a ses incommoditez, et bien poisantes; l'âme s'y exerce; mais le corps, ducuel je n'ay plus oublié le soing, demeure cependant sans action, s'atterre, et s'attiste. Je ne sçache excez plus dommageable pour moy, ny plus à éviter, en cette declinaison d'aage."

 

   About Christian Ethics let me remark, that there are several Christian Ethics, which perhaps must all be rejected by philosophy; but not all in toto. There is, e.g., the ethics of the Jesuits. Some of them - - not all - - taught that very often in life there is no quite certain decision to arrive at. We must be content with probabilities. If a man acts so as that he is probably right, then he does what he can. I think that this doctrine has been followed for many centuries, but recognised it was first by the Jesuits. ("Probabilismus") I think that here Alphons of Liguori and others really added a new element to the theory of ethics.

 

   Vis-à-vis some ethical systems, which are represented by their authors as Christian ones, I get the impression that the authors well knew the paganism in the systems, but relied upon the lack of intelligence of average censorship. The authors imitated Spinoza's example, who often used the word "god" where he meant "nature" (Just like Rousseau used the word "Souverain" and meant the people, in his Contrat Social.)

When Spinoza was dead, the deception was detected. (He died at 45, when others begin to write.)

Baltasar Gracián (I would regret it if you would not have read him in an English translation - - or if you understand Spanish, then the original of the Oraculo Manual - - I possess Schopenhauer's translation), who lived at the time of Spinoza, became a Jesuit and did that - - I am convinced - - only to cheat censorship. Authors like him inserted some kind words about the virgin Mary (why not?), other saints, and some were even impudent enough to dedicate their books to the pope. From the book of Louise Saxe Eby (The Quest for Moral Law) I got the impression that the Saint Thomas of Aquino was also such a "Christian". Certainly, many Scholastics were, as appears from F. A. Lange's "Geschichte des Materialismus".

 

   And what do we know of Christ's Ethics? Little! Today some believe that he taught two kinds of ethics, the one for his apostles, like John. It was an ethics fit for wandering preachers. Social feelings and interests, as well as family feelings and interests were not taken into consideration in this ethics. It seems that he even denied for such adherents the duty of taking care for the burial of dead family members. (Matth. 8, 22, Luke 9, 60.)

For the people he gave prescriptions of another kind, among them such as not to keep the Sabbath-Prescriptions of the priests, not to wash themselves for mere religious purposes, not to sacrifice beasts at the temple and similar, which obviously were the real cause for which he was crucified. Remarkable is his mild judgement of adultery, although he admitted, that it might be a reason for divorce.

The ethics for his disciples seems not to have been a secret. (Compare the different rules for priests, monks and nuns, compared with ordinary believers. - J.Z., 6.2.03.) Belief in a future life was an essential element of his ethics.  An impartial although sympathic statement is given in the chapter "Jesus", in the book of the dead Louise Saxe Eby. It is worth reading. (Dead! "Was schön und gut und gross auf Erden, nimmt ein schlechtes Ende." - Heine.

(Whatever is beautiful, good and great on Earth - comes to a bad end.)

The real ethics of Christ's has not much in common with that what today is represented, in many books, as Christian Ethics.

(Peter is in the Evangiles named as "one of the twelve". But he cannot have been in Christ's company always, because he continued to win his subsistence by fishing. Moreover, he was married and, therefore, cannot have belonged to those, who left their families for Christ's sake. Peter's wife, some years later, accompanied him in his missionary voyages. I. Corinthians 9, 5.)

-------------------

                                                                                      18. X. 49.

 

   I wrote the foregoing lines with many interruptions. Meanwhile I received:

 

I. Three cuttings from the "Times", about which I beg to write still some words,

 

II.) The "Times" of 29.9.49, "City Press" of 7. 10., "Truth" (which I always read with special pleasure) of 7.10. and  "analysis" of September.

 

   In "analysis" you marked the passage: "Why all this pother (bother? - J.Z) about unification of the armed forces?   The matter was handled with dispatch by Alexander the Great, Ghengis Khan, Napoleon and Hitler. Their way is ultimately the only way."

   Let me here try to translate what Kant said about the subject in his book "Zum ewigen Frieden" (pages 68/69 of the first edition.)

(J.Z.: Since I have on hand a probably better translation by Prof. Carl J. Friedrich (The Philosophy of Kant, The Modern Library, N.Y., Random House, 1949, page 458, I will give B.'s translation unchanged, as an example of his best English translation efforts - he loved that passage - without attempting to introduce my own "improvements". Anyhow, he copied the German original paragraph below. - J.Z., 6.2.03.)

 

   "The will of all single men to live under a constitution founded on liberal principles (the distributive unity of the will of all) is not sufficient for that purpose (he means: eternal peace). Required is an additional moment, that is, that all together will this state (collective unity of the united wills). That admitted there must be added a special cause which overwhelms the differences in the wills of the individuals, so that a common will is formed which creates a whole, namely the society of citizens. The solution of this task is difficult, and a single will is not able to solve it. This consideration lets assume that in practice the realization of the idea will not be without force. It's compulsion will create the beginning. On this foundation will be erected the building of a new public right. One must not expect that the force which gives the new laws will be lead by moral feelings, one must also not expect that the force, after the crowd is united to a people, will it leave to the people to create a new constitution by their united will. All that lets expect great deviations of real experience from the idea (theory) to be realized."

 

(Prof. Friedrich's translation:

 

"Of course the will of all individual men to live under a lawful constitution in accordance with the principles of liberty (which constitutes the distributive unity of the will of all) is not sufficient for this end. In addition it is necessary that all jointly will this state (which constitutes the collective unity of the united [general] will) which is the solution of a difficult problem. Only thus can the totality of a civil society be created. Since therefore there must come into existence, over and above the variety of the particular will of all, such a uniting cause of a civil society in order to bring forth a common will - something which no one of all of them can do - the execution of the idea [of an eternal peace] in practice and the beginning of a lawful state cannot be counted upon except by force upon the compulsion of which the public law is afterwards based. This fact would lead one to expect beforehand in practical experience great deviations from the original idea of the theory, since one can count little anyway upon the moral conviction of the legislator so that he would after he has united a wild multitude into a people leave it to them to establish a lawful constitution by their common will.")

 

German text:

 

"Freilich ist das Wollen aller einzelnen Menschen, in einer gesetzlichen Verfassung nach Freiheitsprinzipien zu leben (die distributive Einheit des Willens aller), zu diesem Zweck nicht hinreichend, sondern dass alle zusammen diesen Zustand wollen (die kollektive Einheit des vereinigten Willens), diese Auflösung einer schweren Aufgabe, wird noch dazu erfordert, damit ein Ganzes der bürgerlichen Gesellschaft werde, und, da also über diese Verschiedenheit des partikularen Wollens aller, noch eine vereinigende Ursache desselben hinzukommen muss, um einen gemeinschaftlichen Willen herauszubringen, welches keiner von allen vermag: so ist in der Ausführung jener Idee (in der Praxis) auf keinen andern Anfang des rechtlichen Zustandes zu rechnen, als den durch Gewalt, auf deren Zwang nachher das öffentliche Recht gegründet wird; welches dann freilich (da man ohnedem des Gesetzgebers moralische Gesinnung hierbei wenig in Anschlag bringen kann, er werde, nach gesche-hener Vereinigung der wüsten Menge in ein Volk, diesem es nun überlassen, eine rechtliche Verfassung durch ihren gemeinsamen Willen zustande zu bringen) grosse Abweichungen jener Idee (der Theorie) in der wirklichen Erfahrung schon zum voraus erwarten lässt."

 

   You see the difference of that what is meant by "analysis" and that what Kant meant. Kant says (although not expressly): There must be, in the minds of the individuals, an earnest will, that a power may be created to prevent wars. If this will exists, then this will must be realized by a power, be it a despot or a group. If only the despot acts

or the group, without having behind them the serious will of the individuals, then their work will soon be destroyed. The fate of Alexander, Genghis Khan, Napoleon and Hitler confirms Kant's meaning.

 

   It was the opinion of Kant, that the felt terrors of war will, at last, create a wish and then a will for an organisation to maintain peace. At the time of the named leaders, this wish was extant only in very few individuals

and, unluckily, merely in such men whom nature had not endowed with the faculty to speak or to write impressively and convincingly enough.

 

                                                                                                                        19. X. 49.

   Let me still add some words about ethics.

 

   Kong Fu Tse reports that the old king Wen had invented a just social system. This system greatly impressed his contemporaries. Kong says that the king received messages, from all peoples known at that time, which begged him to conquer them. An soon as Wen's troops passed the frontiers the people - - says Tong - - ceased to obey their former governments and submitted to Wen. I do not know whether a king named Wen ever existed, but from Kong's writings it is certain that his ideas were not so far from those of Kant. That's also a remark of the parson Wilhelm, whose translation I had. Wilhelm says that Kong Fu Tse's ideas are best understood by continually comparing them to those Kant. Wilhelm spent several years at the cloisters of Shantung to learn the philosophical and religious language of Old China and to read all preserved commentaries on Kong. From his translation may be seen that Kong's counsel is of practical value for a statesman not less than for a department chief of a great store.

   Concerning metaphysics Kong told a disciple, who asked him about metaphysical questions: If you would be really interested in important things, that is, social affairs and problems, you would not have the time to meditate about such questions.  But here Kong was wrong.

   Buddha, on the other side, underestimated the importance of social and economic questions, favouring        metaphysics instead. (Against such a stand, Proudhon said: "L'économie politique c'est la métaphysique en action.") Or are his political and economic speeches altogether lost? At the time of Mohammed, Buddhism was prosecuted in India and at last exterminated, because the monks admonished the people not to obey the rajas if they demanded war services from their subjects, but to keep peace. It seems not improbable that such an attitude traces back to Buddha himself. It is estimated that more than 80,000 works about Buddhist thought were destroyed during the persecutions.

 

(J.Z.: B. remarked elsewhere that one thing good about Buddhism is that it has no record of initiating book burnings, not even of the writings of its opponents. On the contrary, Buddha himself advised his followers to study other systems of thought, in order to become all the more convinced of the value of Buddhism. But I do doubt that any man's thoughts are so numerous, valuable and condensed that they would really require 80,000 books or essays as explanations. An encyclopaedic commentary would appear to be much more sensible to me, especially seeing that no one, in a normal life span, has the time to read more than about 20,000 books. Nevertheless, I would also oppose the burning of any one of them. Perhaps some of them did contain some pearls of wisdom not yet contained in the thoughts of Buddha and other pioneers. - J.Z., 7.2.03. - To make my personal bias against all traditional holy and religious books and for the writings of Ulrich von Beckerath quite clear: I assert that this correspondence and his other writings contain more sound ethics and good ideas and advice than all the traditional holy books combined. Can you prove me wrong? - J.Z., 23.5.03.)

 

   The trouble is that people like Buddha and Jesus did not write. Kong Fu Tee wrote. Thus we have an ethics of Kong Fu Tse but what lies before us, under the denominations of Christian and of Buddhist ethics, contains quite heterogeneous elements.

 

   At the times of the crusades a good Christian had to be a good warrior, too. That was also the standpoint of Cromwell, of his Ironsides and also that of the Prussian soldiers of 1813. But Tolstoy, the Dochuborzes, the Mennonites (to which my forefathers belonged) are certainly Christians as well.

   An essential part of the older Christian ethics are the mortifications and in some Catholic monasteries & cloisters monks and nuns still use girdles with points and hooks and such things. All authors assert that these people are good Christians. But Christ himself rejected that, ate and drunk with people of all kinds (women of doubtful reputation not excluded) and was merry with them. (A strong argument, that he is not an invention or a myth or a generalisation of star movements but a real man.)

   What the different Christian ethics have in common is that what is also to be found in heathen ethics. From that I am inclined to conclude that such a thing as a general Christian ethics does not exist.

-----------------------

   Different from all other ethical systems is that of Kant. Unluckily, Kant as well had to consider censorship.

Therefore he spoke more of God than would be necessary today, but he always used the word in a way that an attentive reader had to realise: he did not mean the Jewish Jehovah.

   Kant departs from facts and tries to explain them. He does not give prescriptions - - the word taken in its general sense - - but tries to explain how a man may be disposed  (? become inclined? - J.Z.) to fulfil his duty, and he tries that with the same impartiality as today criminalists try to explain what may be the causes that a man does

not fulfil his duty.

Kant says: Look at that man, whom King Henry VIII would compel to bear false witness against Anne Boleyn. His life and even that of his family are in danger. By one word he can protect his own life and win much pleasure, too. He declines that and, although - - he is by no means a hero - - he trembles fear of the king's revenge, he fulfils his duty, contemptuous of  all pleasures which he could. win by subservience. (I do not know the story and Kant does not mention the name. In England he will be well known.) "Kritik der praktischen Vernunft", II. part. (Thomas Moore. - J.Z.) Then Kant asks: How is it possible that the sympathy of all men and even of children are on the side of the persecuted man and not on the side of the king? Why do men not say: "What a fool he was, to. reject to such a degree pleasure and risk death, torture, etc.? Maybe, that of 100,000 not one could have resisted as he did, and, nevertheless, their sympathy is on his side!

 

   Kant remembers also the French Revolution. ("Der Streit der Fakultäten.") He remembers what very many average men expressed as their opinion at that time, with astonishing courage, at Paris towards the Jacobeans and their government and in Germany towards the feudal governments or their adherents, in both cases with great personal danger. Were all these men also crazy to ignore, to such a degree, personal danger and the pleasures which they could continue to enjoy merely by keeping silent? Or, if they consciously risked the danger, was it really a great positive balance of pleasures which induced them?

   Kant said: One must not abuse or misunderstand language and simply call that a pleasure induces a which a man to act as if he acted by his own will or by a balance of pleasures, when he risks and endures suffering. Here two moral elements are in action, contempt and esteem, which should not be subsumed under such heterogeneous notions as pleasure or displeasure.

 

   Scientists like Spencer, Bentley, etc. seem to depart from facts, but they do not. They depart from the theory

(which deserves the name of a prejudice more than it rests upon a lack of experience) that men - - average and others - - always tend to gain as much pleasure as possible and to avoid as much displeasure as possible. While such a theory holds true for a great part of economic and social life, it does not explain the whole of history and of daily life. Such an expert as Adam Smith said enough about it in his "Theory of Moral Sentiments" and said it better than I could.

 

   Schiller, in his Wallenstein represents a politician of pretty noble character, who suffers from the great error, that all men are guided merely by their advantages. He tries to defeat the emperor by winning over the general of his army with much money, presents and the promise of more future honours and the expectation of an honourable peace with Sweden. He proved to be a bad judge of the mentality of humans and of soldiers. The same generals, who had plundered and murdered, for the lowest of motives, would not betray their emperor simply because they could not violate their duty. (J.Z.: Or, what they considered to be their duty. In this case, disobedience may have been their real duty! - J.Z., 7.2.03.) This small remnant of a sense for duty, which remains also in such men as the generals of the 30-years-war, was not perceived by Wallenstein, and for this reason he failed.

   The average man is to 80 % a rascal, but not to 100 %. Science and practice must not overlook the difference of 20 %.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

   You say under "Unemployment": "… our workers do not work so hard, especially in coal mining ...". Are English workers really becoming more lazy??  The Output of coal mining and in English industry decreased - -       yes - -  but is this the fault of the workers? I do think that in general it is still true what Thomas Brassey, M.P., in his book "On Work and Wages", London, 1872, 3rd edition, page 81, said, where he gives a typical example. (Typical at least for that time.) This book was written with rare impartiality and Brassey himself seems a first rate e expert. He owned one of the greatest railway construction firms, which flourished already under the management of his father. Brassey says:

   "I will now give an interesting example, derived from my father's early experience in France, in the construction of the Paris and Rouen Railway in 1842 … At one time there were five hundred Englishmen living in the village    of Rollebois, most of them were employed in the adjacent tunnel. Although these English navvies earned 5 s. a day,  yet it was found, on comparing the costs of two adjacent cuttings, in precisely the same circumstances, that the excavation was made at a lower cost per cubic yard by the English navvies than by the French labourers."

   Brassey mentions numerous examples of this kind. I assume that the type of average English worker I still unchanged. But circumstances do not remain the same.

 

(J.Z.: Among the circumstances to be mentioned here is the growth of the trade union mentality, which expects continuously growing wages and better working conditions regardless of productivity and at the expense of the employer, investors and the community of consumers. Within the employer-employee relationship and in an insufficiently free market, e.g., one without free banking, there is actually no accurate enough guide to allocate the shares of workers, investors, managers etc. in the total product. Thus anti-industrial and class warfare results, leading to low productivity and ever more government intervention. H. Dubreuil {"A Chance for Everybody"} described this relationship as an "organised antagonism". The workers want more pay for less work and the owners or managers more work for less pay. The consequences of this relationship are widely seen but not this relationship, as one of the main causal factors. - J.Z., 7.2.03.)

 

The coalmines are now much deeper and some of them are the deepest in the world. Their depth seems to have reached the limit where a miner can work at all. (Heat, air pressure, dust, not yet investigated influences of the interior of the earth.).

   The output of industry depends essentially upon the continuous investment of a part of the product in repairing and replacing old tools and machines by new ones, etc. If an employer must fear that his factory or shop will be "socialised" (a bad word, seeing that the worst way, one to depreciate a factory's value for society, is to hand it over to the government) or submitted to such restraints, that it is, in practice the same as if the factory would be confiscated, or if the employer is so heavily taxed, that he cannot any more spend, for the said purposes, as much as he did before, then the output must decline.

------------------

 

   English payments in Sterling. England wants wheat. Admitted. But does England want exactly USA - wheat? I am convinced that, if England were to offer, as a means of payment, scrip as I have described in my letters and in my dissertations on Milhaud's system, to Australian exporters or to Indians or the Egyptians or even to the Export Organisation of Romania, then they would at once accept.

You say: We cannot get it from anywhere else. I see no reason for that, and from the printed matter, that I do get by your kindness, I see, that the Milhaud system is quite unknown in England (and abroad) and was never offered by an English firm. That is the reason why it is not accepted.

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There are still some points to which I did not yet reply. I beg to postpone them to one of my next letters and remain                          

                                       Very faithfully Yours - signed: U. v. Beckerath.

 

Postscriptum.   21.X. 49.

It could be true, that "Milhaud-bonds", as I described them in my letters and in my dissertation about the application of Milhaud's system are not prohibited, because they are not to be made good in money. I cannot verify that, because it is impossible to get here, in Berlin, the text of the currency laws now valid in England.

 

(J.Z.: Even now, no one seems to have documented the despotic monetary legislation in all of the major countries, by citing all the relevant laws and their paragraphs. I leave it to those, who assert that it would be easy to do so via the Internet, to actually provide this information. Most people simply ignore the laws of monetary despotism, although all of them do suffer under their consequences. They do not see them, thus do not comprehend them and remain unaware of their causal connections. What they do see, are only the results of these laws and their institutions and practices - and they do ascribe them, usually, not to these laws but to a diversity of other and presumed "causes". The real "arsonist" thus escapes, unnoticed, even by most of those, who consider themselves to be "economists". - J.Z., 7.2.03.)

--------------------

 

Redemption in gold is impossible as long as gold coins are not obtainable. Nuggets, such as are now sold in New York (100 ounces in a tin for 4,000 paper dollars or a little less) are a very bad "Ersatz". (substitute. Single large nuggets do also have a special collector's value, above their metal value. Taxation of such transactions also interferes with free convertibility, even when trade in gold bullion, gold dust or nuggets and in gold coins, as well as private gold coinage, have, otherwise, become free. - J.Z., 7.2.03.)

--------------------

 

You were so kind as to send to me the Quest of August 1949. The paper is of great value. The editor is seeking for the truth quite earnestly. It is always a pleasure to state that. At page 7 he quotes 21 lines from "The Individualist" and adds 22 lines of a commentary, from which it can be seen that he tries to understand the I's principles. The passages on page 7 were not marked. If they should have escaped your notice, then I will return the Quest and beg you to send it to me again, occasionally.

---------------------

 

Letters by air-mail from Berlin are only permitted to Western Germany. To send them abroad, they can only be sent it the sender, or another person abroad, sends what here is called "Internationale Antwortscheine".

(J.Z.: IRC's, International Reply Coupons, obtainable at all postal offices and representing one ordinary air mail letter charge. - There and then they were, obviously, used as another bureaucratic and obstructionist practice of the postal monopoly. It may also have been used to force letter writers to expose their letters to perusal by communist authorities, when they were carried by rail or truck through East Germany instead of by air mail over it. - All kinds of obstructionism were associated with the blockade attempts of the Soviets trying to destroy the independence of West Berlin. - In spite of their publicly posted threats: "We will know how you have voted! Beware of the consequence once we take over!" - West Berliners voted overwhelmingly against the communist candidates, giving them even less votes than there were card-carrying members of the Communist Party in West Berlin. Alas, that kind of "action" constituted the limits of their readiness to resist the Communist regime. - J.Z., 7.2.03.)

 

   With pleasure I read my letter to you of 1.8.49., printed in the "New Generation", October edition. I thank you very much for the trouble you took "to lick it into shape". (In Schopenhauer I found the expression, used from a book of Hegel, that the later editions were "zurechtgeleckt". Schopenhauer spent some years in England, as a boy, and there forgot his German, so that his mother-tongue was rather English rather than German. Now I know where he got his expression, which in very pleasant.)

 

   In the second section of my letter I said:

   "It seems I agree also, with Mr. Kerr, that it is the task of the science of population to determine or to estimate for every country, for a given time, under given or supposed circumstances, the optimal number of inhabitants."

The printer omitted the here underlined words, so that the readers do not know what I had said. Luckily everybody sees that here is merely a misprint. (? - J.Z.)

  

   I will try write a reply to Mr. Drysdale's supplement to the "Malthusian" of October 1949, "The Scientific Path to Peace and Prosperity" because you are so kind as to promise to lick it into shape again. From a logical point of view, D.'s article needs more to be licked into shape than by my article, written in a poor pigeon (pidgin? - J.Z.)  English. Not even in one line does D. mention the fact that in all food producing countries - - Germany, before the war, by no means excluded - - the producers complained bitterly of bad markets for food and demanded from their government to do what it could to increase the number of eaters and thus the quantity of the produce that is actually eaten. During the whole of the 6,000 years of known history there was not a single case reported of the people in any country standing in queues before the bakeries, although the crop was normal, peace reigned, money lawn were supportable, Free Trade was admitted and transportation facilities were as they could be. D. says nothing about that.

Bth.

 

(J.Z.: When you see such endless and mostly fruitless opinion-exchanges, then you become more and more aware of how necessary an encyclopaedia of the best refutations of popular errors, myths and prejudices is. Once it has been compiled and published, people would make themselves ridiculous, in the eyes of all who owned and used such an encyclopaedia, if they did not pay attention to the refutations of their own views in that reference work. And refuting them would become very easy - by simply referring them to some pages in it. Once they got several such short replies, they would finally try to check out their own views, with the aid of that reference work, before trying to spread them. The urge for social esteem is rather strong with most people and they fear ridicule and public exposure of their ignorance and prejudice more than anything else. - Imagine the effect this could have on what is now considered to be the public debate on political, economic and social issues, full of popular "muck", on all sides. By now, such an encyclopaedia could be very rapidly accessed, either online or on a CD-ROM. Alas, like so many other enlightenment options, this one, as well, remains ignored by "freedom lovers" of all kinds. -  J.Z., 7.2.03.)

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                                              21  X.   1949.

                   Your letter of 18.

Dear Mr. Meulen,

 

I was so impressed by Mr. Gibson's splendid article and see its possible economic, political and even historical consequence in such a brilliant light before me, that I simply forgot to answer the question posed by Mr. Gibson:      "Who pays the subsidy on devaluation for the exporter?"

Excuse me! But I still feel like Goethe did at the evening of the battle of Valmy, when he said to his companions:

   "From here and today a new epoch of world history begins, and you may say: we were present."

   (Von hier und heute geht eine neue Epoche der Weltgeschichte aus, und ihr koennt sagen, ihr seid dabei gewesen.) Reported in the "Campaign In France" [Campagne in Frankreich], Chapter: The days from 19. to 22. IX., 1792.)

   An increase of export by devaluation is essentially the same what in German is called a "Ramschausverkauf", that is, a selling-off with loss, in the hope to keep the clientele won for later, after the prices are raised, by the low prices offered now. Although economical history offers no example that such a hope was ever fulfilled, if applied to a country's economy, the idea remains in the heads of average merchants, politicians, etc. They generalise shop sales experiences into the world's market. Already Adam Smith observed that and, generalising this observation in the right way, he stated: Merchants never were and never will be good politicians. Equal to merchants are politicians who are impressed by the merchant's counsel and their manner of considering the country's economy as a great riff-raff-handling.

 

(J.Z.: Here, for once, B. did not consider the need that merchants often have to achieve at least some cash flow by setting emergency sales prices, due to the deflationary consequence of monetary despotism. By fixing, with the help of monetary despotism, the sales price of the own official currency below its market rate, they do also achieve a sell-out of it, at this emergency sales price, which leads to such an additional demand for the own and devalued currency that, as a rule, and at this exchange rate, it can only be satisfied by putting the note-printing presses into operation. The result is the usual fiat paper money inflation (that of forced and exclusive or legal tender paper money), which soon, within 1 - 3 years, depending on the extent of the dependence of internal prices upon the prices of imports, which are raised through the devaluation, leads to an increase in internal prices corresponding to the degree of devaluation and, also, that of the increased and corresponding paper money printing. A further discussion of this aspect can be found in my essay in PEACE PLANS No. 8. - J.Z., 7.2.03.)

    One has - - I think - - to distinguish between the questions:

I.)  who pays for the devaluation and

II.) who bears it's costs.

   The latter seems of special interest.

   Professor Wagemann an eminent economist and for many years manager of the "Institut für Konjunktur-Forschung", examined, about 15 years ago, the history of devaluations (already at that time offering an immense

material) and found: In about two years -  -  in the average - - the gold prices before the devaluation are restored in the country's export trade. That's a very important statement, and, if it were generally known, there would be very few devaluations in the future.

 

(J.Z.: Did Wagemann or others also observe the corresponding gradual increase in the internal monetary circulation and the effect this had of the free market rating of this currency on foreign exchanges or on the black markets? Gold prices would, after this intervention, have come back to the prior ones but paper money prices certainly would not! [Unless the monetary despots arranged a deflation.] That paper money price-inflation is only possible due to additional issues of legal tender paper money, for which the devaluation created an additional and enforced demand. - J.Z., 7.2.03.)

 

   Wagemann's statement admitted, one can say: After an elapse of two years - - in the average - - every citizen contributes to the costs of a devaluation, the exporters not excluded.

Pending the two years, there is no other change than an increased export, nobody looses and the exporters win, including the industries depending upon export, their workers, etc. After a few days, in some spheres, the effect of the increased prices for imported goods begins, is passed to consumers, by consumers to employers and so to the whole community. Some are disadvantaged without being able to pass their losses: Those who get pensions, those who were imprudent enough to save with savings institutions, most landlords and the creditors of the State, of corporations etc. In practice, although not in theory, there are also the disadvantaged railways and the post. Others win more than corresponds to the degree of devaluation. The situation may be compared to that of a burning city. The city loses, although there are always some who win by stealing or selling goods that are at the moment precious.

   That such a development is quite natural may also be derived from an observation for which Karl Marx did not claim priority and which really can be found in earlier writings, but which he gave in a nice and impressive form. Marx says: If it costs the labour of 10 days to produce an ounce of fine gold, and if there is an some commodity which requires 10 days of labour, too, to be produced, then there arises a tendency, irresistible in the long run, to sell the commodity X at the price of 1 ounce of gold.

   This admitted, it is clear that a commodity, whose price is artificially debased by devaluation - - the price expressed in gold - - one day must be sold again at it's original gold price. Wagemann's investigation completed Marx's statement in a very important detail, by finding out the time required to regain the original gold price or, in other words, by measuring the strength of the tendency which, in the long run, brings prices to their labour value, that of gold included.

   From Marx's observation follows the inefficiency of every price regulation, although Marxists (who very     seldom read their master's writings) do not draw this conclusion, on the contrary.

   The labour value of produced things is not constant; even after the very important improvement of it's theory by Jevons ("Theory of political economy") namely, that one must not only consider the really spent labour but the probably to be spent labour in the future, then required to produce something. But in practice these 2 different prices do not differ much.

On the other hand, Jevons' improvement leads to a just distribution of the social product which is quite different from that proposed by Marx and his followers, the latter seeming just, but is, if applied in practice, at once felt as an unsound principle and this by the labourers themselves. That is confirmed by the development of wage-systems in Russia.

For the present discussion it is not necessary to enter into the interesting details of Jevons' improvements of the old labour-value theory.

------------------------

In Berlin the effects of the devaluation are already felt. Here are some prices from my own observation at the shops where I buy the few things I want for my subsistence:

 

                                 Before   &   after  devaluation

Hair cutting              0.80 DM     0.85 DM.

Sugar                        1.00   "       1.15 - 1.20 DM.

Cheese

(Romadour)              0.40   "       0.55                       (A kind of salmon. - J.Z.)

See-Lachs (a fish

not translated in

my dictionaries)        0.50          0.55. (Salmon. - J.Z.)

 

   Sugar cubes were priced, three days ago, at 1.20 DM per pound (500 grams) and are now 1.30.

An attentive housewife would be able to mention more items.

 

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                      22. X. 1949.

 

Dear Mr. Meulen,

 

the  Eastern Magistrate of Berlin - - in many respects much more active than our Western one - - publishes a Statistical Yearbook, which contains some figures for the whole of Berlin. Interesting seems the statement concerning the marriages of the Jews in the years 1946 and 1947.

 

Then and there were married Jewish

 

      men                     women

1946     1947       1946     1947

 

  20        24            72       75      to Protestants

  11          2            10       17      to Catholics

    -           -              2         1      to other Christians

  66        68            66       68      to Jews

    -           -              -          -       Other religions

  11        17            13       13       Partner not belonging to a church or religious community

    -           -              3          -       Unknown to what religion the other partner belonged

108       111         166      174      Total number of marriages of Jews.

 

   It is known that pious Jews like to marry Jews. But in Berlin the percentage of Non-Jews married  by Jews is remarkable. There will not be many towns in the world where this percentage is higher and perhaps it is the highest in Berlin. It may prove that the personal relations of Jews to Non-Jews in Berlin are as good as they can be, and that racial prejudices on both sides are not strong enough to influence marriage statistics.

 

Very faithfully Yours - signed: U. v. Beckerath.

 

(The total number of intermarriages was probably higher, seeing that many of the Jewish survivors or returnees did not want to be registered as Jews or were not registered a such, having past and future prosecutions in mind. - J.Z., 7.2.03.)

__________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                                  23.X.1949.

 

Dear Mr. Meulen,

(This is the first and possibly only time that even this short address was correctly scanned! - J.Z.)

 

experience proves that the best and most important truths or aims are overlooked and considered an trifles without a good slogan. (Compare my "Slogans for Liberty" project! - J.Z., 7.2.03.)

Mr Gibson now wants a slogan for connecting Free Banking with his Scottish nationalist aims. No one else than you is able to supply it or them.

 

   For centuries the Scotch had the right to create their currency, if it became scarce for any reason. Scotland claims this right again.

 

   For centuries the Scotch had the right to agree with others, fellow citizens and foreigners, upon any standard of value which they thought to be suitable, gold, silver, grain or any other. Scotland claims this right again.

 

   For centuries the market has been free In Scotland, not only for commodities but also for any kind of exchange. Such a thing as foreign exchange control is considered as tyrannical by Scots who preserved their old sense for       freedom, in the economic sphere as well.

 

   Scotch should not forget, that clearing was in full use, when it was still considered as unreliable by the greatest English firms. Scotch should also not forget, that clearing centres are a Scotch invention. (Jevons, "Money")

 

   A nation as advanced in economical and financial science as the Scotch has the right to decline economic and financial plans imposed by others.

------------------------

 

   Some points for a programme:

 

   Investments, by which employment in Scotland is created or enlarged, should be free from all taxes for a generation, that is for 25 years. That principle applies to foreign imported capital too.

 

   If cooperatives buy plants, factories, estates and concerns by instalments or in other ways, such transactions shall be free from all taxes and the rights of the former owners, insofar as the not yet paid price is concerned, shall also be free of all taxes, income tax, property tax and estate-duties, provided that the cooperative excludes no Scotchman from Membership.

 

   Scotland imposes upon every Scotch worker, artisan or other man, doing useful work in Scotland, the duty to constantly compare his economic situation with that of similarly situated men in the whole world, whose income is higher.

  

   Scotland imposes upon them the further duty to publish suggestions by which his economic situation can be brought to the same level or a higher one than the best know of others in the same profession, in any part of the world. 

 

   It is the aim of Scotland and every good Scotch citizen that Scotland, in all kinds of human labour, culture, science and efficiency of her resources shall be the first country, with Scots leading in all kinds of progress.

 

   Scotland declares that justice shall be the foundation in all relations between citizens, between citizens and the government and between citizens and foreigners. She imposes upon every citizen and official the duty to use            the old Scotch freedom of speech, if he believes that in any part of relationships the highest possible degree of justice does not prevail.

---------------------

Very faithfully Yours - signed: U. v. Beckerath.

 

Postscriptum.                                                                                                                            23. X. 49.

 

   Scotch have always demanded the right to help themselves if the government is not able or not willing or not competent to help them. Therefore, Scotch have always declined and still decline the mentality still prevailing among some groups abroad, that it must be the privilege of the government to introduce social, economic and

cultural improvements, to plan such improvements and to impose them upon the people. The Scotch refer to the bad experiences, economic, political, cultural and social with such imposed and supposed improvements and do also refer to the fact that never has such a plan failed whenever it was worked out by free Scotch citizens in free associations.

-------------------

                                                                                                           

   I beg to remark: No plan, national, social or other has any sense (? - edge 2 letters obscured. - J.Z.) if it does not consider the situation of the workers and does not open to them the possibility of a higher standard of living.  Workers consider the present economic system as unjust and are right, although they have not the slightest notion     about what is unjust in this system. That private capitalism is not the right thing, capitalists themselves admit.   Workers - - and most thinking capitalists - - see no other way out than State capitalism. But now - - in Eastern Germany and Russia - - they see what that means in practice: a single employer with governmental powers, which,

in Russia, has already put 1/10 of the people into concentration camps and in Eastern Germany is not far from achieving this objective.

 

   You will know from the history of socialism what an enormous moral force, ca. 100 years ago that movement was which they call today cooperative socialism (voluntary socialism - J.Z.) (Genossenschafts-Sozialismus).

Here I need not mention such names as Owen, Buchez and so and so many others, which you probably better than I do. In Germany, socialism an a real and organised power began with Lasalle, who won the workers with his

ideas about cooperation.

 

(He would have financed them by the emission of 100 million Thalers of fiat money; his early death preserved him from a great shame and the movement from a disaster. Jews - - in general - - are able to adapt existing financial or monetary systems to their aims, but are not able to invent new principles. The honourable exceptions - -  I mention Zander - -  do not refute the rest. The new State Israel, as one of its ministers expressly stated, will surpass all other States in enforcing the State monopoly of money and suppressing the "black market". Not a single Jew - - alas, not even Zander - - protested.)

 

   Here (See above! - J.Z.) is a quite new idea of creating cooperatives. The new plan enforces nothing, does not take a penny from anybody, suppresses nobody, but merely creates new opportunities. The idea that State-favoured cooperatives should be obliged to accept everybody as a member comes from Theodor Hertzka, who, in his two forgotten but excellent works: "Freeland" and "A Visit to Freeland" ("Freiland" und "Eine Reise nach Freiland") (J.Z.: At least their English editions were reproduced in my PEACE PLANS series. - J.Z., 23.5.03.) demanded that check against new monopolies by cooperatives. In my book " Does the Provision of Employment Necessitate Money Expenditure?", sold a Williams and Norgate Ltd., Great Russell Street, 1935, gave some details about the financial part. (The translation is not the best; the translator did not quite understand the subject. But the French translation by Buriot-Dariles is excellent.)

 

   I do not expect that more than about 1/100 of a country's economy will transformed by cooperative action (the word taken in the sense here meant), within 20 years after first being started.

Cause: The mentality of the workers does not yet tend towards self-help, but still expects help from somewhere else. (From the stars, too, as in old Babylonia. The number of astrological Weeklies and Monthlies will not be smaller in England than it is here. I counted at the news-stands five or six magazines treating economic and monetary questions from an astrological point of view. Last week one of them investigated the possible stability of the West-mark from its horoscope. (I would not spend 30 West-Pfennige for the issue.)

 

   But the possibility is held open, and this possibility, to leave the present system at any time, if required, will make the system supportable for many people, whom in other countries, where such possibilities are not given (or not seen) become dangerous revolutionaries.

---------------------

 

   At least two times in Germany have the workers had all power required to change the "capitalist" system, that was 1918 and 1949. In both cases none of the leaders had a programme, and if there arises another situation, where an immediate action is required but no programme is available, then it will be the government

which acts, sometimes by an inflation, which does always, for some time, extinguishes all political interests of the people and replaces them by one interest: How to win the bread for the next day - - so that the government is safe for some time - - or by State capitalism or by sending the masses to battlefields. The latter is the most simple, requires not the least meditating and is, therefore, executed in most cases - - by Napoleon I, Napoleon III, by the Commune, by Chinese Communists, who use both, and others, which a better historian than I will remember.

 

   How different would have been the situation in Germany if it would have been possible to represent to the workers a practicable programme!

 

(J.Z.: That can be done today, on microfiche, on floppy disks, on CD-ROM and on the Internet. But the former 3 options are not yet sufficiently taken up and on the Internet such offers are drowned in a flood of trash or flawed or incomplete ideas and discussions. - A proper market for all enlightening and liberating ideas has not yet been established by libertarians, not even a comprehensive encyclopaedia, or their own, bibliography, review, abstracts and definition and slogans collection, far less an alphabetical index to all their writings and, in spite of the availability of enormously powerful and cheap alternative media, they have left most of their writings unpublished, un-translated or out of print! Can one truthfully say that the Communists and Christians have been as foolish in the treatment of their writings? - J.Z., 7.2.03.)

-----------------------

   Mr. Gibson seems to be the man to learn from history.

-----------------------

 

Very faithfully Yours - signed: U. v. Beckerath.

 

A devaluated West-mark may be counted as equal to 5 old gold-pence, when at the free bullion-market 48.526 Paper-Dollars buy 1 ounce of fine gold. The latter relation corresponds pretty accurately to the present quotation for small quantities of fine gold.

-------------------

 

The number 5 may be verified in this way:

 

1 sovereign      =   7.988 grams standard gold.

Standard gold  = 11/12 fine.

1 sovereign      = 240 pence.

1 ounce            = 31.1035 grams.

1 West-mark    = 0.238 Paper Dollars after devaluation.

 

31.1035  x  0.238

48.526

------------------------------  = 5.

7.988 x 11    x   1

             12       240                                                                                             Bth.

23.X.490

__________________________________________________________________________________________

 

(Transcript of a hand-written and undated note by B. on a slip of paper):

 

    "The Scotch learned from their experiences in these years, that this mentality is the right one also to get reforms of the society as a whole."

 

(You be the judge where this note is to be inserted, above or below! - J.Z., 7.2.03.)

__________________________________________________________________________________________

 

24.X.49.     

Dear Mr. Meulen,

 

I do hope - - no - - I am convinced - - that Mr. Gibson, in the manifesto to be prepared, will declare war towards State-capitalism. It needs courage, but that is a quality, which Scots were never short of.

   All scruples are to be overwhelmed by the realisation:

It is 100 times better for Scotland to be governed by a private capitalistic government, with its seat in London, than by a State-capitalistic government with its seat at Edinburgh.

 

   May Mr. Gibson compare Latvia's, Lithuania's, Estonia's situation, social, political, cultural, economic, financial,

at the time of the Tsars with their present situation under "autonomous" governments.

Separatism with no other programme than this very separatism must fail, which may be learned from the history of separatism in the last decades of Germany. (In the Rhineland it failed through strong French military assistance.)

Individual freedom based on national independence may - - and in the long run must - -win.

 

(J.Z.: I do hold, on the contrary, that any form of rightful national or other group independence can and should, in the short as well as the long run, win only - - if it is fully based on individual freedom, even to the extent of "individual sovereignty", "individual secessionism" and completely voluntary associationism or "voluntaryism". That requires also their full exterritorial autonomy, under personal laws, constitutions and jurisdictions. B.'s version here may be only due to his flawed English or to the hurried writing of a short note. I do not know. But I do know that generally he did share the view that I have here expressed. Matter of fact, he converted me to it, from my general individualist anarchist point of view to a quite tolerant form of panarchism, not only for individualist anarchists and other anarchists but for all kinds of "isms" - that do respect the freely chosen "isms" of others - by not coercively intervening with their practices, however much they may criticise them or even joke about them. - J.Z., 7.2.03.)

 

                                Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

(Population of England in 1688 - J.Z.)

 

Extract from a Table

prepared by Gregory King,  1688

from details furnished by a hearth tax statistics..

 

A.) Number of persons in one household, including servants, (average)

 

B.) Total number of persons in the indicated class.

 

Numer of

Households (Blame the crooked lines on Microsoft Word! - J.Z.)

                                                                                                            A          B

160 Temporal Lords                                                              40               6,400

              26 Spiritual Lords                                                                20                  520

            800 Baronets                                                                          16             12,800

            600 Knights                                                                            13               7,800

         3,000 Esquires                                                                           10             30,000

       12,000 Gentlemen                                                                         9             96,000

         5,000 Persons in greater offices and places                                8             40,000

         5,000 Persons in lesser offices and places                                  6             30,000

         2,000 Eminent merchant and traders by sea                               8             16,000

         8,000 Lesser merchants and traders by sea                                 6            48,000    

       10,000 Persons in the law                                                             7             70,000

         2,000 Eminent Clergymen                                                          6             12,000

         8,000 Lesser Clergymen                                                             5             40,000

       40,000 Freeholders of the better sort                                            7           280,000

     120,000 Freeholders of the lesser sort                                            5.5        660,000

     150,000 Farmers                                                                             5           750,000                                  

       15,000 Persons in liberal arts and sciences                                   5            75,000

       50,000 Shopkeepers and tradesmen                                              4.5       225,000

       50,000 Artisans and handicrafts                                                    4          240,000

         5,000 Naval officers                                                                    4            20,000

         4,000 Military officers                                                                 4            16,000

       50,000 Common Seamen                                                               3          150,000

     364,000 Labouring people and out (? - J.Z.) servants                     3.5     1,275,000

     400,000 Cottagers and Paupers                                                       3.25   1,300,000

       35,000 Common Soldiers                                                              2            70,000

                ? Vagrants, as gypsies, thieves, beggars, etc.                       ?            30,000                                                         

___________________________________________________________________________________________

                                                                                                                        5,500,520

 

Reproduced from "History of the Homeland" by Henry Hamilton, London, 1946.

 

                                                                                 Bth., 26.X.1949.

 

(Note by J.Z.: If the 750,000 farmers and their family members and employees had then been the only food producers in England and if all their produce had been for the English population only and If other producers and traders had not also traded for food from other countries, then one could say, that each of the farmers and their hands, including babies, infants, sick, crippled and too old people, had been sufficient to support, each, in the average, 7.33 of the other English people by their food production. When subtracting from the number of farmers those not fully productive, for the above hinted at reasons, then the number of Englishmen supported already then by one food producer would have been even larger still. Moreover, by that time probably only a fraction of the arable land in England was under cultivation and the standard of agriculture was probably not very high. However, many other people kept a vegetable and fruit garden and kept e.g., some chicken, rabbits, ducks, geese, pigs, sheep and a milking cow, without being farmers. I did not include the 160,000 Freeholders, either, not knowing how much they were involved, in the average, in food production. Obviously, lawyers were already then all too numerous and also the clergy. - J.Z., 7.2.03.)
___________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                27.X.1949.

 

Dear Mr. Meulen,

 

by your kindness I received some days ago the Liberty issue of January 11, 1896.

 

   54 years ago! It was about the year 1900 when I heard, for the time, of the existence of "Liberty". I was extremely curious, but I saw no possibility to secure a number. I was a very poor boy at that time and could spend, for literature, no more than 50 Pfennige a month. (*) Moreover, I did not know Liberty's address. And now - - nearly 70 years old - - I do get a number, and, more than that, I speak to a friend of Tucker, who 100 times more than Gladstone deserves the name: the grand old man.

 

(*) (J.Z.: That was 50 Gold-Pfennige [well, copper Pfennige, of which 100 amounted to one gold-mark] more than I had as a school boy, until 1951, when at 18, I began my apprenticeship, earning in the first year only DM 80 a month, from which, after I left home, I had to spend DM 30 for rent. I got no pocket money as a schoolboy. My mother earned very little in cash or was unemployed or on social services. Whatever little I earned, e.g. by delivering newspapers like the "Der Kurier" and "Der Tagesspiegel", went into the family cash to keep us alive. - J.Z., 23.5.03.)

I took the number into my hand with a similar feeling as the man who discovered, some months ago in Palestine, the eldest copy of the prophet's Isaiah's book - - more than 2,000 years old. But I prefer Tucker to Isaiah. There lived many men like Isaiah, but there is only one Tucker.

-----------------

 

The copy arrived here in no good condition, and at the last page a piece was torn. The German post is ill-famed for   it's evil treatment of postings in envelopes greater than the usual 11 x 16 centimetres. (Such mailings are tied together with wire-cord and so compressed, that often the envelopes tear and the contents is damaged.) I tried to repair the number a little with tape.

-----------------

The article "Voluntary Co-operation", author F. D., T., is very interesting. The principles stated are - -  in general - -  - right and true. Nevertheless, the co-operative movement became a very powerful one, and if F. D. T. would have foreseen it, he would probably have written another article. Now, when in England and in Scotland the co-operative societies became so eminent that - - I read - - before the first world war they owned 6 steamers, at least one of them travelling between Colombo and London, mainly occupied with transporting tea, there must be something good in them not known or not sufficiently appreciated by F. D. T.

   F. D. T. takes it for self-evident, that a manager (and I think that now all cooperatives in England and in Scotland are guided by managers, not by committees) will always demand so much salary that for the cooperative it would be more advantageous to dissolve and to hand the shop over to the manager. In practice - - as experience has proven - - such cases are rare. The manager is quite content to do his work for a salary, which seems to many businessmen very low. The salary is low also if it includes a premium (turnover-commission), so that it is always in his interest to extend the cooperative's business. But - - and political economy may have to learn something here - - there are many individuals who perform better, if they get a constant salary instead of being paid like an employer earning his money. Why? Let me remind you that 300 years ago, at the time of the 30-years war (no - - 301 years ago - - it ended 1648 by the intervention of a girl of 18 - - queen Christina of Sweden) it was taken as self-evident that an officer must have a stake in warfare. He got the right to tax the occupied countries, to win booty, and, although plundering was often forbidden in the contracts, the governments let the officers plunder, often even the own subjects. And then came governments like the Dutch and then the Prussian, whose rulers knew human nature better than the a-priori-thinking "experts". They gave the officers a good salary and forbade them to take any stake in wars. Honour should be their only reward. And what was the effect? Officers of a much higher quality than the                    booty-hunters of the 30-years war.

   Whoever knows co-operative work from the own experience knows also the dutiful, modest, diligent and active manager of a quite different character than the average shop-keeper.

   Until 100 years ago shop keepers in England - - you know that better than I do - - were considered as second-class people, which in many clubs, unions, etc. were not accepted as members. They were not considered as respectable. Managers of cooperatives were never exposed to such contempt.

   F. D. T. speaks of the experience of retailers, their ability, etc. Very many retailers are simply unemployed,  who had saved a little money and think: A man of 50 seldom gets a good new job. I buy a shop! In England that will not be otherwise than in Germany. At New York I found the same.

 

   An average shopkeeper does not like improvements in his shop, although they cost the least money. He prefers to squeeze the employees (or employee - - most occupy only one - -) or to cheat the customers. The manager of a co-operative has quite inverse interests. An average shop, 30 years old, will not look much otherwise than at the first day. A cooperative store, after 30 years, will, in general, be very much enlarged and improved and work with several employees.

F. D. T. only considers consumer cooperatives. That is a development whose future will not be sensational. Very much more important are - - I think - - factory cooperatives. Perhaps they will not perform better than the present system. Perhaps. But there are several very important aspects to be considered.

 

I.) Strikes are practically impossible in a well-organised cooperative. Every associate is his own employer - - against whom will he strike?

 

II.) The associates are directly confronted by the real economic life, know what price fluctuations mean, bad crops, good crops, what competition means and, after some years, they get a mentality much more like that of an ernployer than that of an employee.

 

III.) While now technical improvements are difficult - - because the workers fear to lose their job by anything that saves labour - - and often use "sabotage", destroy the improvement, etc. - - in a cooperative association everybody is interested in inventing something to reduce labour-time, diminish pains and troubles. While now no more than about 2 % of all patents are used in practice, under the new system the percentage will be much higher. It is estimated that in England now about 60 "iron slaves" work with every English worker. Under the association system it will soon be much more, in less than 10 years certainly double the number and in 20 years the fourfold one - - uninterrupted peace and a liberal government provided.

   There is much to be said against factory cooperatives and Beatrice Potter, married Webb, said it in her book on co-operatives. These grievances can be overcome. Managers like Bata, the great shoemaker, used the cooperative principle in his own factory, divided the whole concern into several hundred associations - and with the known effect.

   In Italy after 1900 and more so after the Russian Revolution of 1905, many agrarian cooperatives arose with very good success. They hired the land from the feudal lords, of whom many were unable to conduct their agrarian affairs.

 

IV.) During the next social revolution the managers of factory-cooperatives are safe, while employers, perhaps, will be killed.

------------------

   I return hereby the "Liberty" issue.

------------------        

 

   Tucker's pen was very sharp. That was a "défaut de ses vertues". Without such a pen he would probably not have attained much. But that he treated a man like Yarros so badly, I do regret. Yarros (I conclude, from the little that I have read of him) was a sincere truth seeker, no blockhead and of great impartiality.

 

   I get some consolation from the poem on page 7. When I read similar poems in Germany, I was afraid that old

Germany really became crazy, and when I saw that Morgenstern's "poems" won an as wide-spread applause, I had a prevision of what came in 1933. But in the USA similar poems were of no consequence. They are a sound people. Not always does a poetry of that kind announce disasters, but often it really does (no less so than the birth of a child with two heads and such things - as believed by our forefathers).

The poem begins with "Banks". At first sight, I thought the author meant our banks, issuing notes and regretted, that Proudhon could not read it. Proudhon asserted that modern economic thought could not be brought into poems or songs. ("Encore la marsaillaise!") And here the contrary seemed to be performed. But now I guess, J. William Lloyd meant such things as in the evening couples sit upon, seldom pondering the problems of note-issuing.

 

The way in which Tucker printed "Liberty" deserves imitation. I prefer it to the usual kind of printing. I have myself some trouble to get the lines equal in type writing. If line of unequal length become common, then mine will be found as beautiful as others.

 

   The idea of the Anarchist Letter Writing Corps is a good idea. It should be revived, firstly only with the theme: Free Banking.

-------------------

   Is Tucker's memory at Boston maintained? (Is Tucker being remembered in Boston? - J.Z.)                             ?

-------------------

   In the year 1911 a Canadian lawyer, who must have read Tucker, wrote a book of at least 12 pounds, in three languages (burnt). He was named Internoscia, and his book had the title: "International Law". If anybody would have the intention to write a codex to decide quarrels between Tucker's voluntary associations, then he could not have done better.

 

(J.Z.: Jerome Internoscia, New Code of International Law; Nouveau Code de Droit Internationale; Nuovo Codice di Diritto Internazionale, 1910, 1003 pages, 5657 paragraphs, with alphabetical index. It was reproduced by me on 11 microfiche, in PEACE PLANS 85-95. If there had been sufficient interest in it, then I would have got it re-fiched on a lesser number of microfiche. Alas, most libertarians are interested only in all too little of the total libertarian literature and imagine that all older writings of this kind are quite outdated. B. said later that this volume should be taken as a general guide and if an international arbitration court would wanted to deviate from its rulings then it should have to publish all the reasons for arriving at a different decision. - J.Z., 7.2.03.)

------------------

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                   28. X. 1949.   Your letter of 26., just received.

 

Dear Mr. Meulen,

 

with much Interest I rend the letter of 20. I. 49 of Mr. Gibson. I return it here-enclosed. Many thanks!

 

   Reprinting the discussions in the parliament about devaluation and commenting upon them, from the standpoint of the Free Banking Theory, would furnish a book creating a new departure in economics. You could write the book if you were to read less what average contemporaries said and wrote and what is forgotten the very day when they said and wrote it, but would, instead, devote your precious time to write more and teach your follow citizens.

 

(J.Z.: For those, who still take the utterances of politicians serious and thus their debates in parliaments, and other public speeches, there should not only be a printed version or extracts but also one, unabbreviated and unedited, on a website. The MP or minister etc. should also be free to add his comments. But, much more important: All interested citizens should there have the opportunity to add their comments to any word, idea, sentence, paragraph or speech - by a link, leading to their own counter-statement. Such a website should be conducted as one of the expenses of a parliamentary democracy or republic. Each speech could thus be open to critical dissection by the public in a widened democratic debate. Also to the few approvals to be expected. One might also insist that once any remark of a politician, thus recorded, from inside or outside of parliament, has led to at least 10 serious and valid corrections there, of real faults in logic, facts, ideas and arguments, then such a statement, with all the corrections added, should also be published in at least one major newspaper, preferably at the expense of the salary or pension claim of that politician himself, who had, obviously, misinformed the public as much and who lives and rules, nevertheless, at the taxpayer's expense. A certain number of objections should also automatically lead either to his censure in parliament or to a recall move. Such a treatment might help to induce them to say less, inform themselves better and to stick closer to the truth, while reducing the mythology surrounding them. The public would then also have easy access to whatever they had said, in public, on any subject, in the past and thus also, indirectly, to the all too much of what they have managed to leave unsaid. That would be brought out in the comments. I can well imagine that a weekly or monthly which published nothing but such corrected statements, perhaps after the first flood of corrections, i.e., a week or a month later, could be a commercial success. I can also imagine that all members of opposition parties would gladly utilise the information thus supplied to them by the public, to attack their opponents. This mutual correction between politicians, with the help of the public, might also prove to be somewhat effective. The public would thus also have a permanent public memory on hand, to catch these professional liers (most of them!) in any contradictions in their statements. And against all their waffling, evasions, false pretences etc., semanticists, genuine political scientists and philosophers could have a field day. What they say in parliament and otherwise in the public, hardly ever educates anybody, i.e., hardly ever conveys any worthwhile truth. But good enough comments to all their utterances, by the public, could. Carlyle even asserted that no one in Parliament every convinced anybody else. That was not quite true, if one remembers the Free Trade movement in England, but came close to the truth. Thus, instead of going on with the pretence that the elected politicians are the best informed and most wise men in a country and do lead and enlighten themselves and the public with their wisdom, let us reverse the role and use the system to enlighten the politicians and at the same time the public by this democratic self-help measure. It might become a popular sport, like the shooting of clay pigeons. Initially, before it has had its beneficial and enlightening effects upon the politicians, it might even be as easy for the objectors as shooting fish in a barrel. Moreover, this material could there be easily sorted out by subjects and periods, names and parties. This approach might lead, temporarily, to the fullest development of parliamentarism, by a parliament of the people, by the people and for the people, and then also to its decline, by demonstrating what jackasses most politicians are and always have been, with their laws, measures and institutions.

The latter would happen, if Herbert Spencer's suggestion on the review of all legislation were finally also realized, in this way, by a review of all laws, on any subject, the reasons for them and the reasons for their repeal as obviously ineffective and then the numerous attempt to legalise and enforce the same nonsense once again and again etc.

The various voice stress analysers, lie detectors etc. that are now available should also be applied to all their public speeches and the results of these tests immediately published together with these speeches, perhaps by also providing corresponding links, as if these results where offered by one of the living objectors or commentators. For a while a rather silent parliament might result. The public should also be able to offer its comments to any proposed new bills, in the same way and with the same medium. Maybe that would lead to a referendum that would demand:

1.) No more than 10 new laws a year.

2.) No law to be longer than 10 pages.

3.) Every law to be worded in a language an average voter can understand.

4.) For every new law enacted at least 10 old laws have to be fully repealed.

5.) Any raise of salaries and expenses etc. to be made dependent upon them having first repealed another additional 100 - 1,000 old laws, without introducing any new one.

6.) Any law to be subject to a veto on the grounds of individual rights, by a public arbitration court set up for this purpose.

7.) No law to be valid for more than 10 years.

8.) Conscientious objection to be allowed to all peaceful, non-criminal dissenters to any law.

9.) Individuals to be free to opt out from any territorial law and contract their own personal law instead - or to do without.

10.) Individuals to be free to opt out of the whole body of legislation, constitution, administration and jurisdiction and to contract their own voluntary protective communities under personal laws.

   You add your own wish-list - towards independence from politicians, their ignorance, their prejudices, their flawed ideas, laws, institutions and actions! - J.Z., 8.2.03. - and from their legalised orders and monopolies. - J.Z., 23.5.03.)

 

   The economic theory from which Sir Stafford Cripps and his adversaries both depart (start out - may be more logical, since, obviously, they have not yet separated themselves from it. - J.Z., 8.2.03.) may be compared to the old astronomical epicycles, the foundation of antique and mediaeval astronomy. It was much more complicated                    than Copernicus' system and required much more mathematics. From a mere geometrical standpoint it explained the stars' movements as well as the heliocentric system; beyond that it had the immense advantage of being in accordance with the popular view, and with Aristotle and the Jewish-Christian religion. Before Newton proved that the Ptolemaic system was dynamically impossible, the other system left still some doubt and had as its main support the old "simplex veritatis sigillum" (Simplicity is the seal of truth? - The older version of "Occam's Razor. - J.Z.), which is by no means always true.

 

   The new system, accepted by you, by Benjamin R. Tucker, by W. B. Greene and some others - - your book being the only one still in print and, therefore, of still greater value than it possesses by its own merits (One can read this in two ways, as a praise or as a camouflaged criticism! - J.Z.) - - introduces some new principles.

Cripps and the others think it to be sufficient to modify, in some way, the economic quantities (prices, wages,              exports, imports) and the known quality's intensities (which are a special kind of quantities) such as intensity of labour, improvement of popular morals and such things.

 

   The first of your principles is: The right to divide money-valued claims and to standardise the divided pieces, so as money (coins) is standardised, is a personal right just like the right to marry, to keep one's inherited nose - - may it please others or not - - and to breathe, the denying of such a right being tyrannical and unworthy of Great Britain's dignity. Further, it is a personal right to accept such standardised pieces - - formerly named notes - - and to offer them to any person.

That the principle was recognized as self-evident in the early days of banking, does not diminish your merit, no more so than Copernicus' merits are diminished by the fact that Aristarch and others in antiquity already placed the sun in the middle of the system.

 

   The second of your principles is: Set aside examples like that of a besieged town (An article in THE FREEMAN proved that e.g., price control does do harm even there. - J.Z., 8.2.03) - - in times of peace every imposed restriction of economic freedom, may it be by private monopoly or by a governmental monopoly, produces more harm to the community than advantages. Moreover, it is tyrannical and, if forcefully applied, entitles the coerced to resist.

 

   The first of these principles is expressly denied but never investigated, the second is simply not understood, so that average economists and politicians think capitalism (the word taken in its popular sense) a special application of economic freedom, although it is, obviously, the contrary.

 

(J.Z.: It is interesting to see how popular perceptions of "capitalism" have changed over long periods. Even now few have realized that a genuine free enterprise and free exchange or free market "capitalism", one in all spheres,  is still the "unknown ideal", as Ayn Rand wrote in a book by that title: Capitalism the Unknown Ideal. Moreover, she herself was not sufficiently consistent in applying free choice and free competition to subjects like full monetary freedom and "competing governments" but rather stuck to flawed gold standard and territorialist and limited government notions only, which would not fully realize free enterprise, free exchange, individual rights and liberties in these spheres but also put them into forms of straightjackets. Later B. defined the kind of "capitalism" that now exists as "a condition that inevitably results when most people do not bother to take care of their own economic affairs, not just their jobs, business and personal spending, and are not even interested in them", but rather leave them to politicians, bureaucrats and other supposed experts, whom they more or less trust but, alas, not sufficiently distrust to throw them out, personally and permanently. B. was a kind of voluntary and cooperative socialist and, at the same time, in some respects, more of a radical free marketeer and anarcho-capitalist than are most of the modern libertarians. It is still the common fate of all great pioneers to be all too much misunderstood by their contemporaries - and even by some of their followers. - J.Z., 8.2.03.)

 

   One may say: What has all that to do with exports, imports, Dollar scarcity and the need to supply the country with food?

   Our answer: It has very much to do with that, and if the two principles would have been applied at the  right   time, the present problems would not have arisen.

Further: Anyone, who has constantly before him these two principles, will judge the problems in another way than he who starts from the popular economy, where omnipotence of government is considered to be the most self- evident principle, so that it is never discussed.

 

   All of that may seem of no immediate application to the discussion of the devaluation problems, but it applies to the problems and insofar also to every single problem.

------------------

    Mr. Gibson says: "… and how can he pass an increased price to the consumer, who had previously failed to purchase at the price (can't read the next word) before the devaluation?"

   If Mr. Gibson's supposition would be right, his conclusion would be right too. But there are imported goods which some English buyers must buy, at any price, such as food, cotton, tobacco and many others. Let me take here the fact, that most smokers would prefer to reduce their meals rather than to reduce their smoking, as an economic fact, so that I need not consider it from a more point, which is here indifferent. (You do know that I don't smoke and am, insofar, not biased for the smoker. But I judge from what I saw in Germany and what every English  soldier will confirm from the own experience at numerous occasions during war, when there must be a choice between food and tobacco.) If the existence of such consumers is admitted, then it is also admitted that the passing-on of the price increase is no problem for the. importer.

 

   You, of course, thought of such consumers, who must pay every price still economically possible for them. That point of view regarding imports was insofar justified as a very great part of imports to England consists of goods absolutely necessary to the consumer. I estimate (but here I may be mistaken), that the greatest part of imports consists of such goods.

 

   Let me add here that from 1945 to the first months of 1948 - - before the monetary "reform" - - the price of coffee in Berlin was sometimes RM 600.- or so (per pound - J.Z.) (at the free market), that is 3 times more - - about - - than a monthly income of a worker. I do know of people, who ate nothing for a whole day only to get the money for a single cup of coffee. Relatives of Indian and Chinese students sent them one pound of tea monthly, and, by selling it, the student could easily cover all his expenses and even amuse himself quite well.

 

   Mr. Gibson asks: "… supposing I got 100 Dollars for some article, or its equivalent in Sterling. I now only get 70, Dollars or its equivalent in Sterling - who pays me the 30 Dollars? No one, my Sterling received for the article is 30 Dollars less even if I sell more." - Mr. Gibson is right here, also, if his supposition is right. But: The importer pays 100 Dollars for the imported article, as he did before the devaluation, and then he demands the sterling value of  $ 100 Dollars from the consumer (increased by a small loading, in wholesale seldom great) and is certain to get it. The consumer - - of course - - must now renounce many other things that he used to buy before - - some imports of less importance, some of home origin. The first is intended by the government. The latter, it is hoped, will not occur, with what probability you will estimate from the history of devaluations, which you know better than I do.

You know also, that the effect may be, that suddenly so much of the home industry suffers from the confinement of the consumers to necessities, that there arises much unemployment, while imports are not very much reduced, that is: much less than the government and its advisors expected. They should not be surprised if, as a consequence of the devaluation (the people expect now more devaluations) much more imported jewels are bought than before and a corresponding quantity of home-made goods remains unsold at the merchants. There are examples for this.

  

   According to the investigations of Professor Wagemann on the average time required to restore the former gold prices after a devaluation, it may be expected that after 2 years = 52 weeks or so, the present price level in Great Britain will rise in the ratio of 70 to 100, that is about 43%. That is - - as any table of compound interest teaches - - about 1/3 % a week of the preceding week's price level. It requires a very skilled statistician to state that from week to week. The people and the average businessman cannot do that. He is all the more unable to state the price increase as always some goods decrease in price, so that in the case of an increase of the price level of 1/3 % about 10 prices will have decreased and 12 increased. It may also be that 12 prices decrease and less increase but that the amount of increase is greater than the amount of decrease. A good textbook will supply any sceptic with the most interesting examples. The smallness of the increase from week to week eliminates all economic resistance against the increase of prices.

(We see that in Berlin. Every day some commodity becomes dearer, yesterday a half pound of salt 23 Pfennig - -              before it was 20 Pfennig, The housewife pays, because the does not need half a pound of salt every day. Peppermint candies - - yesterday 30 Pfg., before the devaluation 15 Pfg. But here the merchants did not take into consideration that the buyers are girls and children, who count the Pfennigs very carefully. I think that in a week or so peppermints will cost 20 Pfg.)

 

   I beg to note down all that here, because my impression is that Mr. Gibson overestimates the difficulty to pass on price increases.

   In reality your opinion does not differ all that much from the opinion of Mr. Gibson. You spoke of prices of necessary imported goods and he meant goods that the consumer can dispense with.

   Logically your statement, that, eventually the importer must bear the price increase is quite right. But - - I think -- there will not be many cases where the importer is able to bear the difference. The profit margin in wholesale trade is small, in percentages. I learnt from a Manchester Guardian article, about 20 years ago, that the margin for wheat is 2 %. From so small a margin the merchant cannot cede a considerable part.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

   In the case of taxes on land-value, the tax will be increased if the value increases. This value regularly increases (if the increase is not forbidden) when the money is devalued and the rents are not limited by law. Is then the so produced nominal increase to be considered as "created by the community", in the sense in which Henry George used the words? I do hope that Scotch friends of land-value-taxation - - in the form of a single tax or others - - consider the problem from that standpoint. 

 

   If one has much to do with the practice of mortgages, then one finds: In the case of an increase of land value the proprietor at once takes out a mortgage. For the yield of it he builds. (That provides labour.) But who are the creditors of the mortgage? In many more cases than 50% - - I estimate at least 80% - - they are persons who provide for their old age or institutions - - like insurance companies - - which provide for their customer's old age. So, in practice, the increased land value helps to assist persons in their old age.

 

                                  Very faithfully Yours  - signed: U. v. Beckerath.

 

 Here enclosed is Mr. Gibson's letter. I took a copy.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                    28. X. 1949.   Bis. (? J.Z.) Your letter of 26. cr.

 

Dear Mr. Meulen,

 

Coal mines.  20 years ago, Rittershausen was in London. (I hope, he visited you.) When he returned, he told me: Many of England's coal mines are at their end. What had been expected for decades, has now come to pass. The Mines are practically exhausted. With every foot of increased depth the technical difficulties increase in geometrical proportion. There are tendencies to sell the mines to the government. But the government knows the difficulties quite well and is not very willing to buy the mines. Some officials said: Let us wait some years. Then the proprietors are bankrupt and we get these mines gratis. That was 20 years ago.

 

   In Germany the worker is paid for the quantity of coal produced by him. He sells the coal to the proprietor. If he is lazy then this is to his own disadvantage. Under such a system a decrease of the quantity of coal produced, per man-hour, must be caused by purely technical causes, for which the worker is not responsible.

-----------------

 

   Wheat. You say: "…no country outside USA can supply it in the quantity we need".

   In "The Statesman's Yearbook", edition of 1931, page 59, I find these figures:

   In 1930 the United Kingdom imported about 42,261,000 cwt. of wheat from other parts of the Empire and about 62,746,000 cwt. from foreign countries. The greatest wheat sources were: United States, 21,076,000 cwt.; Canada,  26,196,000 cwt.; Argentina, 15,205,000 cwt.; Australia, 12,721,000 cwt.

   Wheat flour imported 1930, 11,779, 000 cwt., of which 3,178,000 came from the United States, 4,492,000 from Canada, and 1,713,000 from Australia.

   At page 58 it is said that in the year 1930 (provisional figures) were imported 103,843,000 cwts wheat and 11,501,000 cwt. wheat-meal and flour.

   Obviously, in the year 1930 the USA were not yet decisive for England's supply with wheat. Other countries - - I remember - - complained bitterly bitterly that England bought -- go little grain from them. Such countries were Romania, Hungaria and Turkey. The latter was unable to us her vast territories, quite fit for wheat production, but now in danger of becoming a desert, and would have preferred to produce wheat for Great Britain.

 

   In the year 1929 Romania produced 2,714, 848 metric tons of wheat (Statesman's Yearbook, page 1225) = about 54 Million cwt. (1 metric ton = 19.684 cwt long). In the year 1928 Romania produced 3,551,590 metric tons = about 70 million cwt. Romania could easily have produced 21 million cwt more wheat - - thus replacing the USA's part - - if she would have been sure to sell the wheat. But here lies the rub. Please refer to any economic paper of that time, especially those of the International Agrarian Institute at Rome. I remember that a little because Rittershausen, at that time, prepared a study about the possibilities to increase the food supply of Germany by investing in plants abroad for watering by artificial rain, with the help of German savings banks. (A plan by no means utopian; one day it will be executed, if not by Germany than by another country.)

(Meddle with an old statistician! If my nice statistical library would not be burned, I could tell you more.)                                           

 

   Offer Rumania or Hungaria or Turkey to buy wheat and to pay it with bonds, based on the "acceptance principle" (let me simply call them "Milhaud bonds"), and they will at once supply you with more wheat than England can ever eat. (Well, a long-term contract might be advisable for England's annual wheat requirements. - J.Z., 9.2.03.) Until now nobody offered any wheat producer payment in Milhaud bonds. Try it, and you and the producers will be delighted.

   Try it, and a few days later the Dollar Scarcity has disappeared.

(But - - terrible to think this: the monopoly of the Bank of England to furnish means of payment for external trade would have disappeared, too. - -    "Verstehst du dieses, Zephyses?" said the old king of the spirits in the old play: "Der Diamant des  Geisterkönigs".) (Do you understand this, Z.? … "The Diamond of the Spirit-King". - J.Z.)

--------------------

 

   1 confirm with 1,000 thanks the receipt of:

1.) "Economic Digest, May 1949,

2.) "Truth", of 14. October,

3.) "Economist", 15. October,

4.) "City Press", 14.October,

some containing sensational news.

-----------------

   At page 200 of "Economic Digest" I read, inter alia:

Wheat Equivalent, caloric basis, World's totals: 1947 = 98, 1948 = 112. (Index numbers)

That's a considerable increase. Do you think, that now the possibility of further increases is exhausted?                                The answer is the reduction of arable land under cultivation in the USA for 1950. Already there is a shortage of eaters. Malthusians do not know what to do: Either be pleased about how much food is now available - - for those with means of payment - - or be sorry about their failing prophesies.

------------------

 

   From the "Courrier de France" I take the news that the French would be able to transform the whole French Sphere in North Africa into a very large grain producing area, but the problem remains here as anywhere else: How to sell the grain? France herself is satisfactorily supplied, which I read from the latest edition of the "Courrier de France". Prices are even falling, so that the peasants demand subsidies.

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   You know the saying of King Philipp of Macedonia: "A gold-laden jackass finds his way into the best-watched town. He overcomes even the highest walls." Today he would have said: A gold-valued Milhaud Bond finds its way through the Iron Curtain, to Romania, Hungary and Russia herself. For such Bonds - Stalin would rather let all Russians go hungry and would supply England with grain. (He is right. [In his appreciation of such clearing certificates. - J.Z.] Try it!)

-----------------

 

   I read Bevan's Speech at the Devaluation session. Such an impressive speaker!!! And he's a character - - a charlatan can't speak so. Bevan would be a prop for the present government if he could not speak so well - -                      really reminding of Demosthenes and Cicero.

   (At the first speech of Robespierre all deputies laughed, for every man saw that it was his first speech in a great assembly. One man did not laugh - - Mirabeau. Asked by his friends why he was so earnest at such an amusing occasion, he replied: Oh, my friends, do you not see, that the man believes all he says? I fear him more than all others.)  (Nonsense combined with excellent rhetoric and uttered with conviction is really a great threat! - J.Z., 9.2.03.)

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   Please, do read the article: "Optimum Population" in the 1947 edition of the Encyclopaedia Britannica. It is very short but disproves many volumes of the "New Generation"

 

Very faithfully Your - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, ….                                                                               29. X. 1949.

  

                            Dear Mr. Meulen,

 

it is your opinion that Christ's recommendation in Matthew 5, 39 - - do not resist offences - - belongs to the Christian Ethics. You are insofar in the right, as all books on ethics, written by Christians, take the same view. Also all priests of the Christian Churches will here agree with you. But I cannot agree, saying with old Abaelard:

   "Si omnes patres sic, ego non sic."

Nevertheless, I do think that we differ here not so much as it may seem at first sight.

 

   Take any year from the year zero to the year 1949 and estimate: How many persons may have lived in that year and have seriously acknowledged that principle? How many have really offered the left cheek, is they were slapped on the right? More than 1,000? You doubt it? I do to. And is it not true, that all those, not belonging to that trifling minority, do hold in contempt all those who did not in any way resist the invaders? Would the most Christian king have permitted a judge or a soldier or any of his officials to obey the principle and not resist an invader?

Further: If a thief would have come one night to steal the fish caught by Petrus, would any man in the world believe that Petrus then spoke thus to the thief: Oh - - wait a bit - - you shall get my net, too!!!

 

   In other words, the principle was taken serious by almost nobody and those, who did take it serious, were boycotted by the other Christians.

That admitted, nobody can say that the principle formed, at any time, a part of Christian Ethics. When Christian authors pretend the contrary, and all of them do, they do either lie or do not know what they say.

If Nietzsche of any other would have asserted  that the principle formed a part of Christian Ethics, then he was not careful enough in his criticism. (Very often he was not careful enough.)

 

   The question arises whether Christ himself intended to recommend such a principle. Christ was obviously a man whose religious thinking was far above that of the level of his time. It would be unjust to reproach him that he did not yet find out, what 1,700 years later David Hume and Kant found out, under conditions much more favourable than the conditions for religious critics at the time of Christ.

 

   The whole passage from verse 31 deals with matters of law. He demanded from his adherents that they do not apply to a court for divorce. He demanded that the courts be refused an oath in the legal and prescribed forms. He protested against the fundamental principle of the Jewish justice system, which was the jus retalionis. (An immense progress at that old time, where the avenger was not bound to any limits for his revenge, and, on the other side, had the right to renounce revenge for a trifling sum of money.)

He recommended avoiding the courts and to try to come to an agreement with adversaries.

The apostles, in their letters, underlined this point of view, and I think that you know the passages.

The true sense of what he meant, seems to me expressed in verse 25 and Luke 12, 58.

The verse 39 is obviously altered and corrupted, as are so many dozen others.

(Gibbon relates edifying stories about the mutual reproaches of Christian sects and churches, for having falsified the scriptures. A celebrated falsification is that of Matthew 5, 3, where it is said that the spiritually poor are blessed, while in Luke 6, 20 the real text is preserved, where Christ simply speaks of the poor. Some old bourgeois added "spiritually".)

 

   The behaviour of Christ justifies my theory. (I hope it will not only be mine. The theory very much suggests itself.)

 

   At his trial one of the beadles (church servants - J.Z.) beats Christ. (Luke 22,64, John 18, 22.) In no case offered Christ the other cheek. John reports that, on the contrary, he protested and in a manner no less dignified than courageous. The words about the two cheeks are an oriental expression which none of his listeners misunderstood.

 

    And then the cleaning of the temple, which all 4 evangelists report. Here Christ not only did not resist but executed a real charge against his adversaries. Here as well he displayed much courage and even robust strength.

 

   From Christ's ethics we possess only corrupted fragments, not sufficient to restore Christ's real doctrine! What today passes under the name of Christian Ethics has not much to do with Christ's actual teachings.

-------------------

 

   100 years in the future Free Banking will be acknowledged as a religion. And the theologians of that religion    will prove, that the main reason for which Christ attacked the Banks of the temple was that these Banks were obviously not founded on the Free Banking principle, which, in such a holy milieu really must be considered as a mortal sin.

Insofar Christ is here also justified.

----------------

   I do hope that you will now be convinced!

----------------

                                                            Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

 

U. v. Beckerath, …                                             30. X. 1949.  Your letter of 20. cr., received 23. cr.

 

Dear Mr. Meulen,

 

there are several "movements" for  Scotch Independence and some of them - - that is my impression from a little article in "Truth" - go very far beyond the sympathetic aims of Mr. Gibson. G. demands a kind of economic and monetary home-rule, whose advantages would be for England no less important than for Scotland. Gibson will not separate Scotland in toto from the British Commonwealth, but others will, for reasons much inferior to those for which Ireland (de facto - - not formally) separated.

 

   Let me here observe that many Cosmopolites (Cosmopolitan members of the Cosmopolitan Union of Werner Ackermann - J.Z.) considered the former British Commonwealth as the beginning of that international power which Kant expected to come, and to develop into a Union willing and able to maintain "eternal peace" or - - expressed less mystically - - to suppress wars of the old style.  (Neither Kant nor - - as far as I know - - anyone else tackled the problem to suppress civil wars like the American of 1861/65 and the many others of that kind in England, France, Germany, China (especially China), Japan and elsewhere.)

 

Kant said: The creation of such a power is the aim of nature itself, and men aid nature here, although with no more consciousness then the corals do, which build atolls, the latter being nature's aim and the corals merely the tools.

 

For what purpose nature wants such a power we do not know, but an impartial look at nature's work lets us recognise that the tendency exists. I share Kant's views.

 

And now you may understand for what a crime I consider the present and the former government's acts by which India was delivered up to the "300,000 Indian Intellectuals", (among them at least 299 000 sheep heads), by which South Africa was permitted to create a colour bar, which gets much applause in Alabama and Missouri, but gave the Indian "leaders" the moral force to create that "independence movement" and prevented China from becoming a voluntary and true member of the Commonwealth.

 

   Suppose a new Robert Bruce succeeds in separating Scotland from Great Britain. What would be the economic and, monetary effect? The first would be, that Bruce creates a Scotch monopoly bank that issues monopoly notes. Bruce would consider these notes as being as valuable as gold and would, therefore, prohibit the export of these precious papers. Every Scotch journal would defend the measure and would "prove" its necessity to supply Scotland with means of payment. To those, who demanded the restoration of the condition before 1844 would be answered, that at then "culture" was not yet as developed as today, people read classics instead of listening to the radio and wrote letters - - many still worth reading - - that's true - - instead of telephoning. People who do not believe in the progress performed by Bruce would be sent to a concentration camp and all papers would congratulate Bruce for his energy, patriotism and restoring the "unity of public opinion". The import-export problem would be exactly the same as now for Great Britain. To the Scots would be preached: Let no export come in from England to Scotland before the English Pounds to pay them are ready and the latter can "obviously" be done only if beforehand Scotland's exports are permitted to come into England. A Scot, who travels to London and pays there the hotel-bill with a Scotch note, would be considered as acting unpatriotically. It may be, that he merely amuses himself in London, but the hours of work which London - - acting in this case for England - - expends to amuse the Scotch, cannot be considered as a delivery of goods to Scotland, as would be the case in an import.

(Why not? They, prudently, do not reply, because they don't know it themselves.)

 

In other words: The old Soviet system of trade would be introduced and the whole world would admire it.

   And all that would be nonsense because

 

I. ) If the future system of Bruce would be reasonable, then it would also be reasonable now, and not only in the trade between England and Scotland, but also in the trade between London and Dover and even between Wimbledon and Wandsworth. (In 1848 merchants of Berlin framed a "cahier" in which the subdividing of Berlin into economic spheres was demanded and an obligation for every inhabitant to buy at the stores in the street where he resided.)

 

II.) If the present system is superior to the "zone-system", then it remains superior if one part of the country gets another flag, its policemen another uniform and the man who "plans" for his fellow-citizen is replaced by two men, whose combined successes are of no greater advantage for their fellow-citizens than  was before the success of the one man - and for the same reason: Two milked oxen yield no more milk than to one.

 

   And now let us consider the export-import-problem of Great-Britain from that standpoint and let us not forget that if Jeanne d'Arc would not have interrupted the sound political development in Western Europe, so that without her intervention today Paris would be an English town (or London a French one), and further, if the English  government in 1776 would have granted some quite unimportant concessions to the Americans, that then the whole problem would not exist and there would be one great empire from San Francisco to Lowestoft and from the Orkneys to Marseille at least

    To Jeanne d'Ars applies what Goethe said:

"Was die Weiber lieben und hassen,      (What women love and hate

"Das wollen wir ihnen gelten lassen:       One should concede to them,

"Wenn sie aber urteilen und meinen,       But if they judge and opine,

"Da will's oft wunderlich erscheinen."     Then that will often appear to be curious. [miraculous?] - J.Z.)

 

   But: to be impartial: If Christina of Sweden, Gustav Adolph's noble daughter, would not have meant that there were enough men killed and ordered her government to make peace, Germany would have had a 50 or even 100- years war instead of a 30-years war and would have been reduced from 25 millions inhabitants in 1618 not to 5 millions in 1648 but perhaps to 1 million or less in 1660 or so. (Is the book: The Role of Women in Politics" already written?)                             

 

   Suppose: An Englishmen travels from Dover to Calais, drinks there a bottle of wine, pays for it with a pound note and returns. The inn-keeper says: What do I do with the pound note? The shops of Calais don't accept it - - I must spend it in England, if I can't find anyone, to whom I can sell it and who then spends the English money in England. Well - -  I know what to do - - I'll send the note to the Biro firm and I ask them to send to me one of their magnifique, useful Biro Pens, without the thicker down-stroke. ("Gleichschaltung" is the parole of the time - - why not in the strokes of writing too???)

   What is now the effect? English labour is exchanged for French labour. The quantity of labour is equal or may be supposed to be equal. The form of the business is of a kind that the exchange must take place, provided the French accept English money. What can be objected from an economist's standpoint?

   From the standpoint of Cobden, Herbert Spencer, Jevons and Adam Smith nothing can be objected. But from a           modern standpoint, that of a Keynes,  Sir Stafford Cripps, and such people the thing is very  different. They        will object:

 

I.) This kind of trade offends our mentality. State, authorities, banks as money suppliers and the advice of experts such as we are, is here quite eliminated. That should not be.

 

II.) The monopoly of the Bank of England to supply the external trade with means of payment is here violated.

 

III.) A control of what is useful external trade is not possible if free trade - - as in the example - - prevails. But we like to decide what should be introduced into England in return for Biro's pens.

 

IV.) Schacht proclaimed the principle (which he borrowed from the Soviets): First export. Thus win foreign exchange and then you may  - - if I think it necessary - - import and pay for the import with the foreign exchange earned. We - - Keynes, Cripps, Bevans, etc. - - accepted the principle and our brains require much effort to learn new things. Others have to use their brains to apply our system to their affairs!

Forcing foreigners to by our goods by the system of the example, namely: "Let Englishmen buy at libitum any foreign goods with means of payment of English origin, and let it then be the foreigner's worry to get the equivalent - - after all, they do have the means of payment in hand and they do know where these means are accepted as money - - " - -would mean too much new learning on our side. Therefore, the system must be                    forbidden.

 

(For many years the Soviets have abandoned the system. They may be human tigers, but they are no blockheads in economics.)

 

   Rittershausen told me some time ago: The old economic aristocracy in all countries used the Malthusian principle and now has attained its aim: It is extinct.  The employees, book-keepers, errand-boys, cashiers and such people are now in the business, to which they brought their mentality of subordinate and obedient men, who remain employees also as department-chiefs. These people govern us. But nature has destined them and their offspring not to govern (although they may be good department-chiefs) but to obey and be guided. It may require centuries before a new race of real merchants arises.

Schacht is a governing book-keeper - - no fool blockhead - - by no means - - but of political economy he understands no more than an average sergeant understands tactics and strategy. That is true, although he may know by heart 50 modern text books of political economy.

 

(J.Z.: Regarding modern economic textbooks and handbooks on inflation and unemployment: One can go through at least dozens, if not hundreds or even thousands of them before one finds one that sees the connection between inflation and legal tender and deflation and the issue monopoly. This was a hint given to me by B. and I tried it out, repeatedly, first during a large book exhibition and since in many libraries and bookshops - and found it confirmed, again and again. Seeing all these text contain already these 2 very basic and important flaws, how many other flaws are they likely to contain? Thus most of them deserve to be ignored. Most bring a formal definition of legal tender and of the note issue monopoly - but without comprehension and exposition of their implications and awareness of the terrible disasters they have made possible. - For me that is the "Schopenhauer-Test" for most economic textbooks. - J.Z., 10.2.03.)

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   Many will say: But the foreigners will not accept Sterling Means of Payment. They distrust the Sterling. Perhaps that is true, after Sir Stafford Cripps denied 9 times his intention to devaluate and now is suspected of not having told the truth nine times. (A governmentally monopolised and mismanaged paper money deserves every suspision! - J.Z., 10.2.03.) But foreigners will accept Dollar-notes of British origin at the value of a really free exchange market - - say that of New York, notes by which no (rare metal - J.Z.) redemption is promised but merely their acceptance in the "Zahlungsverkehr" (the dictionaries do not translate the word) (international payment and clearing transactions? Literally: payment transactions. - J.Z.) of the issuers.

And if then anyone says: Also such means of payment of British origin will not be accepted by foreigners, the I answer: I will believe that after such means of payment are formally declined and this not by mere writers of papers but by real firms and businessmen.

 

(J.Z.: Alas, most of these share the economic prejudices of the official "experts", but not all of them. From the few, who would there see new business opportunities for themselves, and from their experience with optional alternative and private means of exchange and clearing, also with alternative and freely chosen value standards, this knowledge and experience would rapidly spread, even if, initially, such actions are still and often coercively suppressed and punished. - Many do already strive now to achieve alternative payment options through the Internet. But most are still tied in their notions to metal redemptionism, rather than realising the "pure clearing" facility thus provided.  And the others are insufficiently informed about the extent and the limits of "shop-foundation" or the "readiness-to-accept-foundation."  They have notions of rather supplying new alternative international means of payment to others than letting them or helping them supply their means of payment and clearing themselves, obliging only themselves thereby, and using the technological avenues of the "inventors" of "electronic money" only as channels for the circulation of their goods warrants and clearing certificates. - The electronic channel providers should concentrate on that, and the security of their channels and should offer optional value standards for transactions through their channel and be also open-minded towards the introduction of new ones between consenting exchange partners. - J.Z., 10.2.03.)

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   But very probably the "acceptance-Bills" (Milhaud-Bills) are prohibited by the foreign-exchange-control laws of governments. The present of providing money for external trade subdues the country more than despotism of the old style, say by Louis XIV. did subdue it and lets political freedom become - - in practice - - no larger than it pleases the monopolists and their "Hintermaenner".

(J.Z.: B. suggested "hintermen" here, a literal translation. What is meant are the "powers behind the throne" or the "men ruling behind the scenes", the powerful manipulators, who keep in the background, out of the spotlights. But some are impertinent enough to put themselves forward as experts, e.g. Cripps and Keynes, offering all their wrongful and false advice as the highest possible knowledge and wisdom. - J.Z., 10.2.03)

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   You speak of trade deficits. And you are right, I did not reply to all your arguments as they deserve. But that is your own fault. The points you dealt with in your letters were so important and interesting that better economists than I would have shrunk away from them.

 

   Some decades ago a German economist amused himself and his readers with a new kind of statistics. He added the import numbers furnished by all trade statistics, from the earliest times and added the export figures as well, confronting them. He commented: In the world's commerce there is no balance of trade. No country presents gifts to other countries, in goods, services or claims. If the commercial statistics were exact, the sum of all imports must equal the sum of all exports, perhaps not in every year, but certainly in every decade. It must even be equal at every moment, provided all claims are exactly included.

Example: England grants China a loan. Then there will appear in the commercial statistics an export from England to China but no equivalent export from China to England or to such countries which export in their turn to England. Some years later, when China repays the loan, the reverse will be observed. But the balance will be at every moment zero, if the claims are duly included.

   Alas, this and other such surveys and arguments remained without effect. For each year the commercial statistics seemed to prove that the imports of the whole world surpassed the exports. That in economically impossible and proves the some flaws of the statistics. (They were already pointed out by Bastiat! - J.Z.) What may have been and still is the true cause of this inaccuracy has been the subject of controversies. For our discussion it in at the moment not important.

 

   A similar observation could be made at the inflation time in Germany, Austria and other countries which suffered from Inflation. (Or, as English papers at that time said, which profited from inflation at the expense of those, who retained an honest money.)

In the case of Germany it seemed as if Germany imported enormous quantities of foreign goods and exported

very few. At that time I had an occasion to talk with one of the largest Hamburg importers. (His name was Schlubach, then known in the whole world for his very superior commercial qualities, absolute honesty and the great authority which he - - quite rightly - - enjoyed in all commercial circles. He paid his employees better than any other firm in Hamburg.) Schlubach was an adherent of the usual balance of trade theory. He gave me the later published figures from which one might see, that the balance of trade was very much against Germany. I could not

help considering the matter also from a mathematical point of view and replied modestly to Schlubach, that if the figures were true, then there must be people in Germany, who were debtors of the foreigners to the tune of many dozens of millions. Who - I asked him - are these people? Do you know their names? I do not have to know them and I will be content if you tell me: I know these people! Schlubach could simply have said: Well - - I know the names; but he was a man of the old Hamburg honesty and would rather have paid me 1,000 Dollars in specie than to tell me the least lie. He told me openly, that he knew no such people, who enjoyed credits to the extent that was here in question. He added, that he himself could get much credit from abroad. But at that time the business was performed in a way that the commodities were transported to Germany, remained in the custody of reliable concerns like Schlubach, but also as the property of the foreigners. If some quantity of these foreign goods was sold, Schlubach sent the equivalent abroad, in most cases German commodities. There never remained a real balance of considerable amount. But often Schlubach become debtor of German factories, who sent  him    commodities, in his case mostly (or frequently) railway supplies, also locomotives and railway equipment for Argentina. For the German factories it was a profitable thing. They built the locomotives with credits from

the Reichsbank given in Papermark and debited Schlubach in Dollars. After 3 or 6 month they repaid the Reichsbank credit received (worth then some boxes of matches) and got from Schlubach the Dollars he owed.

 

   In the year 1926 I had some business in Paris, and there the French told me, that if at the Champs Elysées a very elegant auto was to be seen, then people usually said: Hein - - encore un allemand!

   The result of my meeting with Schlubach was: The statistics were not reliable, and after my discussion they did not seem reliable even to Schlubach.

 

(J.Z.: The unreliability of the statistics I readily concede. But here a factor may have played a role which B. did not explore above. Foreigners may have accepted the already inflated Reichsmark for all too long, merely upon its old reputation - Meulen's "trust", which had lasted for several decades, as if it had still been the old Reichs-Goldmark and may have been insufficiently aware of its diminished and almost constantly diminishing purchasing power in Germany. Thus, they may have sold much and relatively cheaply (reckoned in gold value) to Germany, but with the inflated Reichsmarks thus obtained, they, or their importers, could have bought little in Germany. Even in Germany, where it was happening, the inflation, its cause and effect, were noted only belatedly and initially only by very few. Price rises were ascribed to everything else but the real cause. Foreigners would have been even less informed on this. So they miscalculated in their exports and imports, in the pricing of their goods in paper Reichsmark. Probably they had also foreign exchange controls, so that not they but their central bank suffered. Anyhow, this aspect might explain large imports of goods and small exports for the Germany at that time. Many foreigners or their central bank ended up with little purchasing power in return for their exports. Finally they got wise and altogether discounted the paper Reichsmark greatly or refused it altogether and insisted in being paid in their own currency. Then this condition was legalized, as if it were always economically necessary or advisable. At a later stage of the inflation this relationship was reversed. Foreigners buying with their relatively stable currency in Germany were at a great advantage. With a few and relatively stable US dollars or Sterling Pounds etc., foreigners could buy very much and very cheaply in Germany, thus exports rose, while Germans could buy very little, if anything, in foreign countries, with their inflated paper Reichsmark, thus imports greatly declined. - J.Z., 10.2.03.)

 

   And now I ask you: Do you really believe in the commercial statistics????????? A statistician trusts in a statistics only if he, who compiled it, stands with his name for it and says openly how he compiled it and gives samples of the material from which he took his numbers. Who is the debtor of the negative balance of the English trade? I am convinced that such debtors do not exist, at least not more so and not indebted more than in the year 1913.

 

   I beg to call to your attention to the following fact. If a country like England exports goods, which only an expert can properly price, like chemicals, textiles, optical instruments, etc. it is easy and the usual method to value them for a fraction of the real value, simply to save custom duty. I know enough examples from my own experience, and I would be surprised, if a man, so connected with commercial circles as you are, would not know many more examples. Import goods, such as England imports them, grain, flour, cotton, meat, wool, etc. can also be valued by average custom officials. But manufactured goods can be properly priced only by a few experts. Moreover, it is well known that in countries like the USA, and much more in others, the custom officials are very susceptible to bribery. In Russia, at the time of the Tsars - - as every voyageur knew - - the custom officials were Circassians. The Russian government had found out the Islamic religion of the Circassians, together with the inborn nobility of the Circassian character made them immune to bribery while the most pious Christian Russian, for a few Rubles, would let pass every desired quantity through the customs at the rate the other party wished. 

(So the honest Circassians helped the Russian government in its robberies, while the dishonest Russian officials resisted them, well, to their own advantage, too. - J.Z., 10.2.03.)

Under similar conditions the balance of trade of every country (exporting manufactured goods and importing food and raw materiel), inevitably seems passive.

 

To confirm the foregoing, you will know better than I do, the events which induced the Chinese emperor to entrust  the customs not to his Chinese but to a man like Sir Robert Hart. It any one would have offered him a ship loaded with gold as a bribe, he would have smiled kindly and then have the briber arrested. By his administration of the  customs, Imperial China became the best and most trustworthy debtor of the world. How the affairs were conducted after the dismissal of the foreigners from service in Chinese customs - you will know.

 

   Summary:

 

I.) England's balance of trade is active,

II.) The opinion that only the USA are able to furnish food to England is quite unfounded. The same countries which before supplied food etc. to England will do it now, if payment is offered in Milhaud Bonds - - with the latter being the only thing that must be introduced as an innovation. After a few weeks this innovation will be recognised as a great improvement, in England and abroad.

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   The present system of payment must bring the most flourishing trade to a standstill - after a few years.

 

   That you always demanded:

   Merchants should not depend upon a monopoly bank for conducting their trade - -  and that not only in their own interest, but in the interest of the whole country - that has now, by the present situation, proven to be an absolute necessity.

   England's future depends upon realising your demand.

   Under the present system Malthus will always seem to be in the right, and always the quantity of available food will seem to be too small, even if England were reduced to one million inhabitants.

Under your system the whole of Great Britain may grow into a single town and there will be more food available than the inhabitants can eat. Your system merely waits to be applied and it will transform, in a few years, the African bush into grain-producing fields and the Amazonas swamps into the greatest garden of the world - - supplying many hundreds of millions with food - - as already Alexander von Humboldt predicted.

 

   If you continue to underestimate your own system, laid down in an admirable book and in so many articles in The Individualist, you will simply commit a sin.

 

   "Nur die Lumpe sind bescheiden" said old Goethe.  ("Only the beggars are modest." - B. always tried to motivate others by praising them, often to excess. Meulen's monetary system had severe flaws. Only if it had been introduced in free competition with other free banking systems would it have done little harm and would have vanished after a while, replaced by better ones. - J.Z.)

 

   Day by day the Russian army increases by 4,000 trained soldiers. England's army does not increase. You (and nobody else but you) can provide the means to create - - in the long run an army like the Russian. Do it!!!

 

(J.Z.: Free Banking in England could provide conditions there, which would make military defence largely unnecessary. For foreign soldiers, told to fight England, would rather desert and freely work there than fight against England. And then such deserters or refugees would be invited and welcomed with open arms, as helpers to increase the standard of living in England even further  - and could and would be told how to introduce the same conditions in Russia as well. - It would have been a country in which every hard working "proletarian" could have become relatively rich, rather fast, the capitalistic and free-market and cooperative way, thus deflating all State socialist and communist pretences. By comparison, the Soviet system would have been generally seen as a great flop - by almost everyone, every Russian conscript and civilian victim included. The few remaining communists would be asked: Who are the "exploited" in England, seeing that even the lowest employed or cooperators have a multiple of our income and that England has no longer colonies, which were, presumably exploited [also more fantasy than reality], but simply trades freely with all the world? The morale of the Red Army would have evaporated as far as England etc. was concerned - but would have risen in strength against the Soviet regime. In material and manpower resources "military strength" also means a great economic burden and it was one which the Soviet "planned" economy could at last no longer bear. The most strict "military discipline" in the world is not a sufficient help to a ruler when the other side offers each of its victims a much better deal, individually, also as far as any rightful national, racial, religious, ideological or other desired liberation is concerned. It is not impossible or difficult to offer all conscripts, professional soldiers and civilian subjects of a dictator a much better deal, ideas and programme than their dictator offers them. Nevertheless, the attempt is rarely made, because our rulers have monopolised this sphere, too and their governmentalism is not all that much better that it is quite obvious to almost everyone. They still consider immigrants and refugees a problem rather than as an unappreciated and unused great resource, for benefit of the host country as well as for the refugees and immigrants themselves. - J.Z., 10.2.03.)

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   When judging the present situation a philosophical truth - - seldom noticed - - must be observed. One can always  connect any effect to any pretended cause by interpolating a sufficient number of logical links, the one dependent upon the other, each logical link itself being very probable.

   Suppose, an effect depends upon a pretended cause with a probability of 95 % - -  which average men cannot distinguish from certainty. Suppose further, that the cause depends upon another pretended cause, also with a probability of 95 %. Then the whole probability is already reduced to 0.95 x 0.95 = 0.9025. Adding another logical link with the same probability reduces the whole probability to 0.95 x 0.95 x 0.95 =  0.857375. To average people the probability is brought to nearly three times confirmed certainty, because in their minds they add               (unconsciously) the probabilities and get: 0.95 + 0.95 + 0.95 =  2.85.

   By 90 links, linked together as before, the final probability is brought down to 0.00988836, that is less than one percent. Average people get the impression that here a truth is demonstrated, with certainty, 90 times confirmed.

   Often I was tempted to work out examples from present economic discussions. But: time, time, time!!

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   (Salt marshes???  Essex???? Caravans???? I went at once to the British Information Centre to look for these things in the Encyclopaedia Britannica - - but it does not contain an article "salt march of Essex" and also does not mention the thing either under "salt" or under "Essex".  - But I see, that your health has now improved. The Demiurgos of our universe department gives humanity a new change.)

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   Jevons, in his admirable "Theory of Political Economy" introduced there a new notion: Commercial body", by which he emancipates himself and his adherents (to whom I belong) from the old and not decisive notions "mutual" and "owned and guided by a single person", in the notion "commercial body".

The customers of a Mutual Bank and those of a Bank guided, as old Scotch Banks were, both form a "commercial body". The legal shape is perhaps not of primary importance. May both legal systems compete!

 

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                4. XI. 1949.   Your letter of 18. X. 49.

 

Dear Mr. Meulen,

 

Mr. C. V. Drysdale, President of  the Malthusian League, just published a very interesting pamphlet: "The scientific path to peace and prosperity." 

Mr. D., like Malthus himself, is a strong opponent to reforms of the social system (page 7), and from his

standpoint this is a quite logical consequence. Mr. D. says about such reforms:

   "… but Malthus felt compelled to oppose them on the ground that they would remove all deterrents to early marriages and lead to such a  rapid increase of population as would soon result in universal destitution.                 

 

   If Malthus and Mr. D. were in the right, then you, who is now at the top of social reformers (always butter them up? - J.Z., 11.2.03.), deserve More blame than all others, seeing that they are not going as far as you do. Let me

here remind you, that the revolutionaries mentioned by Mr. D., Rousseau, Karl Marx, Henry George and Prince Kropotkin did not conceive the idea of emancipating mankind from the present money monopoly, neither from the quasi-monopoly by the relative scarcity of gold and silver nor from the artificial one that confines the right of note-issue to the State or State banks.

But here must be mentioned your most important discovery, that non-convertible certificates, standardised as money is, are not prohibited in England.

(Something that M. did not consider to be of importance and in which he was, most likely, quite wrong! - J.Z., 11.2.03.)

Possibly here lie, still hidden, immense social reforms, provided people can be found to utilise this freedom opportunity.

In Germany even those bonds in small denominations are severely prohibited now which were, 60 years ago, issued by every little shop and accepted by them for their nominal value in payments. Similar laws exist now in nearly all countries, Russia included, where also certified cheques of cooperatives are prohibited as a violation of the Central Bank's means of payment monopoly.

 

   The breaking of the modern money monopoly would be - - although possibly quite bloodless, and more: possibly escaping the attention of the masses - - a social revolution of much greater consequences than the simple transformation of private capitalism into State capitalism, as in Russia, which you pointed out in your publications.       The quantity of blood shed for social changes and the mass of property changing hands in revolutions proves  nothing for the importance of the change as a system.

One day sociology will confirm the most radical influence: The breaking of the money monopoly. It still has to   discover what you found out more than thirty years ago, that the monetary conditions of society are that factor which, more than any other, influences all relations of man to man, of man to the State, of man to the means of production and of man to the social product and its just distribution. I regret that not all friends of the present system are informed that this system was demanded by the 27 years old Karl Marx in the first German edition of the Communist Manifesto - as a good start for Communism, even if the Communist Revolution must be postponed. That was in the year 1847. Marx was quite right.

 

   Mr. D. says, that his present views are the outcome of fifty years of earnest study. The earnestness of his studies every critic must confirm, who reads the pamphlet impartially. But, obviously, Mr D. preferred, during these 50 years, other studies than those in the theory of political economy. That's pity, for the population problems belong       first of all to those studying political economy, although they seem to belong more to agronomy and the physiology of plants, beasts and men.

Mr. D. is excused, as even scientists like Darwin, who confessed himself to be a Malthusian, did not become aware that none of the problems investigated by him, not even the "struggle for life", have to do with an asserted greater increase of the population of man than his means of subsistence. (Descent of Man, 2nd edition, page 607.)

 

   The struggle of life is carried on against all kinds of resistance and, in the case of man, especially against the resistance of the beasts of prey, i.e.., against being killed, as long as men are hunters. But man himself is no beast of prey for other men, as are beasts of the chase, not even there where cannibalism prevails. The purely religious nature of cannibalism is now generally acknowledged and also that it never contributed any essential part to the diet. If the immense material, collected in the last decades about cannibalism, had been accessible to Darwin, then he would have been the first to draw from it the right conclusion and, probably he, whom no naturalist surpassed in impartiality and sagacity, would have discovered there things still unknown.

(J.Z.: The following few lines, here given literally and in brackets, were crossed out by B. I reproduce them as indicating his line of thought. - J.Z., 11.2.03.)

 

   (The fight against human and other robbers was in early days of mankind, what concerns the problems of overpopulation in the sense of Malthus, after hunting as a normal kind of production of food had been abandoned, not essential. That robber tribes were induced to their robberies not by lack of food, but in first line by their notions of a warriors honour is clearly seen from)

 

   Some Malthusians represented the "hunting period" of mankind and the present conditions of hunting tribes as a proof for Malthus' theories. But from this age and of these tribes no facts are known that are favourable to Malthus' theories, although the human hunting activity immediately decreases the quantity of available food. The situation for man is much changed by passing from hunting to stock-breeding and still much more by passing to agriculture.   

Here the food can be and is regularly increased far above the quantity really needed to maintain production. That is  proven by the history of luxury from the remotest to modern times. At the court of the old Persian kings about 15,000 persons did service in the royal household. The fact that even with antique tools one man doing agriculture work is able to sustain about 9 persons was well known - and recklessly misused.

 

    World's history hands down no record that men died of hunger or had to suffer hunger merely for the reason that their number was too great, excepted cases where the community did not enjoy free trade, that is: no free or good communications; or the government or the ruling classes restrained production or the free exchange between agriculture and industry, both foreign and domestic.

 

   To conceive the importance of political and social conditions for the food supply, one might imagine that the Earth would be populated only by three men, one of them being the proprietor, but unwilling or too stupid to use the labour of the two proletarians. Then the earth would seem terribly overpopulated and a deadly competition between the two would arise.

 

   Prof. Edwin Cannan, internationally recognised as one of the most able economists of our time, worked out a new scientific basis of the theory of population, one very different from old Malthusianism, but -- it seems - -             accepted by some of the more progressive Malthusians. (Example: "Plenty of People", by Warren S. Thompson, Lancaster, Pa. 1944.) - In an excellent article in the Encyclopaedia Britannica, 1947 edition, "Optimum population", the Director of the London School of Eonomics, Alexander Morris Carr-Saunders, refers to Cannan's investigations and for further information to L. Robbins, "The Optimum Theory of Population", in "London Essays in Honour of of Edwin Cannan" (1927). Obviously, Cannan's discoveries escaped Mr. D.

Carr-Saunders says inter alia:

   "The optimum theory of population ... was not held by Malthus or by the elder authors, who discussed the population problem. It was their failure to formulate this theory, which robs their treatment of much of its value. This conception lies at the basis of the position now taken by all authorities, may be briefly expressed as follows …. If population is at the optimum number, the greatest return per head possible under the circumstances will be attained. Departure from the optimum, whether in the direction of deficiency or excess, will be accompanied by a return per head less than the possible return. Etc."

 

   I state that your standpoint never differed from Cannan's, although there might have been, in special cases, a difference between adherents of Cannan and you about the probable optimal number of inhabitants in certain countries.

 

   Cannan's and your views (I believe M. would have denied that they were his. B. left him an honourable way out. - J.Z., 11.02.03.) lead to another interpretation of history than the interpretation given by Malthus. Take Great Britain as an example. In the year 1798, when Malthus published his book, Great Britain was inhabited by less than 10 million people. Malthus asserted that the country be overpopulated and was convinced that the misery and the hunger prevailing among the lower classes were caused by a mis-proportion between the number of inhabitants

and the quantity of available food, a situation which he believed to be practically incurable. Today Great Britain produces from her own soil food for about 30 million people and, in spite of rationing, these 30 millions are,  probably, better nourished than were, in the average, the contemporaries of Malthus. Obviously, 150 years ago, Great Britain was considerably under-populated. Until the year 1815 she was so under-populated, that the government granted a bounty to those who exported grains, seeing no other way to get rid of the surplus of food.

 

(At the times of Defoe, the government hoped to use the surplus - - to avoid destroying it - - by favouring the fabrication of gin, which at that time, and intentionally, was very lightly taxed. For reasons that every one might have expected, the system was later abandoned. In the year 1751 a high tax was laid on spirits and its retailing  by shopkeepers and distillers was stopped. - English Social History by G. M. Trevelyan, 4th  edition, 1947.)

 

Not before 1846 were the corn laws of 1815 repealed.

 

Also, it was one of the most common sayings at the time of Malthus, and is still sometimes used rightly, that in England and in every year many more people die from eating too much than die by starvation.

 

   Although Malthus proved himself to be a bad observer in practical population questions, one must not underestimate him and I think you treated him with all respect in all your publications. Malthus - - as may be learnt from his writings - - proceeded insofar more scientifically than many of his successors, as he included the possibilities of employment into the means of subsistence, although he gave no clear indication of what these possibilities consist. If Malthus would have better worked out this conception, that a country's means of subsistence are not identical with the quantity of food produced on its own soil, then he would have attained Prof. Cannan's result. But Malthus did not elevate his investigations to the standpoint which Bastiat took, in his essay: "Things seen and unseen". Malthus had seen the many unemployed at workhouses and elsewhere and got the same impression which until today many unemployed themselves get, while they wait crowded before the Labour-Exchanges: "We are too many. Food for so many people is unavailable. Therefore we are hungry."

 

   But what Malthus did not see, and what you saw, is: Food must be bought before it is eaten and not men buy but their means of payment buy.

By this statement you transferred the whole problem to a sphere very different from the sphere in which Malthusians of the pre-Cannan period are at home. The introduction of the monetary view of population questions shifts basis and conclusions.

Now no economist of rank can acknowledge a real overpopulation before the people stand in queues before the bakeries, although the monetary system is as good as it can be in the country, as well as in the food-supplying countries, free trade has removed all obstacles of importation, technology has opened sufficient communications to the centres of food supply and no price laws frighten away the food ready to be imported.

 

In this connection, it must be remarked that a good money system, so as you demand it in every number of "The Individualist", includes absence of foreign exchange controls. Here you differ much to your advantage from Malthus, who never thought that such a control can have anything to do with food supplies. He also did not become aware that the fear of merchants, that their payments may be devaluated, plays a very decisive role in the food supply. But you emphasised this fact.

 

Let me add that a perfect monetary system includes the permission to pay imports by means of payment originating at home, so that conditions like a Dollar scarcity cannot arise.

 

   Under a monetary system like yours (B. as a personal appeal, ascribed his own system to Milhaud and to Meulen! - J.Z., 11.2.03.), a country will always seem to be under-populated, all the foregoing conditions being fulfilled, as long as queues before the bakeries are not to be seen.

 

Let me here refer to your book, page 215. You say:

   "… at present the difficulty is for labour to obtain credit or purchasing power; under a more perfect banking  

     system it will be difficult for purchasing power to find labour."

That is perfectly true. But a country, where the demand for labour constantly surpasses the offer of labour, will never be considered as overpopulated, also if the prices for food can freely rise as a consequence of the eater's demand.

 

   Mr. D. would perhaps answer: But now the world's food supply is really insufficient, and would refer to authorities like Lord John Boyd Orr and others.

My answer would be that if in a country all conditions for sufficient food supply would be fulfilled and then the present monopolistic money system would be introduced, then and within a few years, the present state of affairs would arise. A great part of the produced food could no longer be sold; the people would become undernourished,

the food producers would reduce the land area under food production and then, certainly, there would come some statistician, proving that the presently produced quantity of food is insufficient to relieve the under-feeding of a great part of the population.

 

   In this connection, let me remind you that the erosion danger, which Lord John Boyd Orr describes so impressively, has nothing to do with a scarcity of food caused by a too large increase in the numbers of mankind.

 

Moreover, judging by statistics published every year in The Statesman's Yearbook, for the last 86 years, it seems that, in general, the arable land of the world increases constantly and also the yield per acre.

(So much about the "threat by erosion". - J.Z., 11.2.03.)

It may also be assumed that Lord John's numbers do not apply to remote times but for our own time only. If this were not so, then the food producing land would have quite disappeared, already for many decades.

That should not prevent the presently living generation to do more than it did so far, to stop erosion, and if an international action arises, going in this direction, induced by Lord John's apprehensions, then he must be counted among mankind's benefactors.

 

   But there is evidence that an overproduction of food would, in our time, be the real problem, from the moment that a money system like yours would make every eater a buyer, so that the present restrictions on production would fall.

Overproduction of agrarian products has been the problem of the whole 19th and 20th century. That may very simply be seen from any annual set of any agrarian journal of food exporting countries, USA or Germany, South America or Africa.

That also in the present year the danger of overproduction is given, is fully proven by President Truman's order to reduce the USA wheat producing area in the year 1950 by 17%.

 

(J.Z.: Local over-production, combined with local under-consumption in many other areas, whose people are not enabled or allowed to buy the surplus of food producing countries by means of alternative exchange media, clearing options and value standards that would satisfy both sides. - J.Z., 11.2.03.)

 

Not enough eaters, say the USA farmers, although they should express themselves more exactly and say:

Not enough buyers.

 

   Immediately before the war, the situation was about the same. In his admirable "History of the Homeland", London, 1946, Henry Hamilton publishes at page 193 the heading of a newspaper article that appeared on September 16th, 1938:

"Surplus Wheat, 365 Million Bushels," "Unwanted", "Embarrassing Crops".  It is one of hundreds of similar news to be found in the papers of that time, only eleven years behind us.

 

   The British Information Centre, to which Berlin Readers are indebted for the supply of so much valuable literature, deserves all praise for the good selection in its library, open to every inhabitant of Berlin. (Not only to those of the British Zone.) Without the help of the BIC, as interesting books as those of Hamilton and Trevelyan, written in a really philosophical spirit and with surprising erudition, would here remain unknown.                                                                          

 

Very faithfully Yours - signed: Bth.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                      5. XI. 1949.

 

Dear Mr. Meulen,

 

In your letter of 20. X. 49. you say:

    "But the whole objection to tourists, taking currency abroad, is that we do not get goods in return for their purchases."

 

   I assert: You do get them. Or, expressed more exactly: You got them. What happens is merely that the succession: "Export - Import" is reversed and has become: "Import - Export". The difference is without significance concerning the aim, which is here to be attained. It is quite indifferent whether an Englishman Is

it art Englishman drinks a bottle of French wine at Dover and pays it with a pound note or he drinks it at Calais and pays it with a pound note. Economically both amounts to the consuming of goods from abroad. If the goods come to the man (import) or if the man comes to the goods (travelling of the consumer) is a difference merely from the standpoint of language, or also from the standpoint of the customs house, which loses the wine customs. But the latter set aside, economically there is not the least difference.

 

   You say in your letter: "The tourists buy what they please abroad, but we do not get the food and raw material that we want." (Was M. really a Free Trader and in favour of freedom of movement and exchange arrangements? Why did he have to be taught still such basic economic lessons? - J.Z., 11.2.03.)

 

   I. If my traveller is absent from England, then he cannot eat there, and the government is free from the care of providing the gentleman with food. And if he prefers drinking wine to eating??? Perhaps he is a pious man, who says: In the first place I care for my soul, and this time my soul exactly wanted wine. You should leave him that liberty. Agnostics, too, are not exempt from the duty to be tolerant towards religions.

 

   II.) Perhaps he buys one of the nice French portfolios, as I did when I was in Switzerland in the year 1926. (I have not seen that country since. But I still possess that portfolio. I had it in my pocket, when I left my burning house in 1943.) In this case the government is free from the care to provide material for portfolios. (wallets. - J.Z.)             And the workers, who wait for the making of portfolios in London??? The question is justified, but if the English  notes return from abroad, they will, inter alia, also buy English portfolios, not less in quality than the French.

 

   If we will get d'accord about the question of paying purchases of goods abroad by English travellers with English notes, we will get d'accord on very many other questions logically closely connected with this question.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

   In his "Geschichte des Abfalls der Vereinigten Niederlande" (History of the Secession of the United Netherlands), Schiller - - as historian no less eminent than as Poet - - describes the effect of the price maximum law, enacted in the the year 1586 by the Senate of Antwerp, on the events of this year and the following. He describes especially the fall of Antwerp in the next year, inter alia to the lack of food produced by this law. A great fleet from Zealand, loaded with corn, had landed at Antwerp, enduring much danger. But as the merchants heard about this law and were told that no exception would be made in their favour, they preferred to sail back with their corn. Antwerp was taken and with Antwerp the whole of Belgium was lost for the Dutch. Had they held Antwerp, they would have become the by far most powerful nation of their time, very probably, they would have taken South America from Spain and the world's history would have taken a quite different course.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - -

 

   In my letter to you of yesterday, I mentioned the books of Hamilton and Trevelyan. I owe my acquaintance with these books directly  to you. When I went to the British Information Centre some days ago, to inform myself about Essex Salt Marsh, I looked in the shelves reserved for economics books and discovered the two named. Also I discovered the article of Carr-Saunders in the Encyclopaedia  Britannica. If the editors of the "Malthusian" would have known this article, they would have remarked to my letter, printed in the October-issue: "All what the old boy here says has been said at least as well by Cannan and by Carr-Saunders; and they would have been quite right.

The Malthusian movement is now, after the writings of Cannan and Carr-Saunders, logically dead and is

now restrained to the spheres where logic, science and facts are of  no importance. As Drysdale quite rightly remarked, Malthusianism is a religion, and who did ever refute a religion?

   The real religious foundation of Malthusianism is - - as long before me was observed - - the old religious mentality, that sexual intercourse is in itself a sin and the miseries in the world are the consequence of this sin.

 

   Schopenhauer explains, that this view - - like so many other errors - - is not quite destitute of reason. Schopenhauer says: It sexual intercourse were accompanied by this high degree of love which some poets describe, but which very few men experience, then the offspring would be of such a quality, that he creates his own suitable  conditions of life in the middle of the life of average men, just like man does in the middle of insects and other relatively strong and intelligent beasts, but inferior to men.

Turgenev, in his novel "The New Generation" starts from this idea of Schopenhauer.

Here would be given a standpoint for women to tackle the social question. Then, I think, matters of love are not outside their sphere, although the questions of connecting note-issuing with the standard of living may well be.

Turgenev's novel, although now forgotten - - is still worth reading.

 

   The old sectarians, with their pessimistic view of love in general, dully felt what Schopenhauer says in clear words. The average man, with his interests restrained to the animal part of his life, is the natural product - - says Schopenhauer - - of sexual intercourse without as much love that a poet could be interested in it. (Such people would also care much more about their children and thus provide them with a better upbringing, not only physically but also mentally. - J.Z., 11.2.03.)

 

   Wolzogen, an author much read 30 years ago, said: The really great real love exists in the world but no more frequently than do great diamonds and left-turned snails exist. Devote - - reader - - your life to the research of that great love in your own life, that you may get a chance. It you do not, even the chance is lost for you. That - - Wolzogen said - - is my ethics.

(Alas, it seems that B. never found the partner that would have been quite right for him. But if he had, then his output of ideas, books, papers and letters would have, probably, been much smaller. For a while, for the last few years, he considered myself and my former wife as his adopted children, but also, e.g., Eckard Duewal and perhaps some others. - J.Z., 11.2.03.)

 

   It was my intention to correspond about these questions with Louise Saxe Eby, one of the most extraordinary women of our time. And now she is dead!

 

"Das ist das Los, das Menschenlos,             (That is the lot of men,

"Was schoen und gut und gross                    Whatever is beautiful, good and great

"Auf Erden nimmt ein schlechtes Ende.:      On Earth, comes to a bad end. - J.Z.)

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - -

 

   There are two kinds of economists:

 

I.) Men like Adam Smith, David Hume, Steuart, Roscher, Quesnay, who arise from great communities (Adam  Smith from the world's economy) and from this high point of view explain the individual's economy. Factors like public opinion, general stand of morality, political freedom, religious tolerance and the people's rights enter into their kind of investigation as well, as factors of individual economy. On the other side, they demonstrate that the individual's economy necessarily influences the great politics, general morality, political freedom.

 

II.) Writers like Malthus and many others, who start from the individual's sphere (Aristotle, too). In their sphere things like freedom, morality, culture, religion, etc. are of subordinate significance. For this reason such writers do not appreciate these factors for political economy and if they occupy themselves with it, then they write books on the subject of special spheres of investigation. Seldom do such writers emancipate their minds from the mentality of their times and seldom do they open new aspects to their contemporaries. In general they merely justify some current prejudices. To them it is self-evident, that great families are a burden to the large family's father, and

they are unable to show how additional means of subsistence may be won - - for this requires a mentality such as Adam Smith possessed. - - They only know one means: Keeping the family small. I think that even a philosopher like Benjamin Franklin belonged to the latter kind of authors.

 

   These authors seldom appreciate the military side of the population question. The others do, and in our times a man like Smith would say: It is not sufficient to estimate the optimum of population. It is necessary to estimate the technically possible maximum of population. Of course, while population is increasing from the optimum point to the maximum point, the returns per capita decrease. But the difference must be considered as expenses for securing our existence, as long as States like Russia, China or India exist, whose rulers are every day able to direct about 1/20th of the population as a conquering army against their neighbours.

 

   Of England he would have said: She should have as many inhabitants as she can technically have. The technical impossibility of a further increase begins when, in times of peace and of normal crops, and in spite of free trade, free banking and normal communications, the people begin to stand in queues before the bakeries. Not before.

 

   If it would be politically and mentally possible to reconstruct the old Hohenstauffen empire (to which belonged  Toulon and Marsaille) and unite it with England, that empire could nourish without any difficulty 500 million inhabitants and would thus be secure against the United Russia-China-India millions with their 1,500 million people.

 

   If Heaven has not irrevocably resolved to deliver the world to the Soviets (At the moment it seems he has) then

in the West will arise men, who are at least interested in such questions and do not at once fall asleep if they hear of them. (As Germans do, which I know from my own experience.) That is, what distinguishes the Soviets from all others: They are always interested in questions that concern themselves and in finding out, what questions do lie within their sphere. And such men are human tigers and their intelligence is that of beasts of prey!

 

Until now man was nothing but a blunder of nature!

-----------------

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

11.11.49.

Dear Mr. Meulen,

 

Collective Responsibility. 

 

   Some days ago, my district of the Social Democratic Party had its monthly meeting. The comrade, who should have delivered a lecture, had not appeared.  Then the chairman said to an old man: Hello, old boy! You are president of one of the denazification-commissions, tell us something about your experiences.

 

The president, without hesitation, delivered a good speech of about one hour. He underlined the absolute impartiality of his commission. He told us: There are Nazis and Nazis. If I know that the manager of a factory or the president of an office reported all employees as members of the party, without even asking them, then the thus reported party member is for us not a Nazi without any without further checks. We know, that a protest of the so notified would have meant, in most cases, dismissal, often the concentration camp. If there are no witnesses that he noted as acted as a Nazi, we denazify him.

A great trouble for us are the regulations of the Military governments. Some weeks ago we had new regulations by which such Nazis are to be punished severely, who, on the strength of former regulations, must be denazified. The new regulations - - he said - - are probably edited with the help of emigrants. A socialist, who always lived in the country and knew these matters by his own experience would never have framed such regulations. I - - he continued - - think that a part of the new regulations are in contradiction to the principles of Nürnberg. These principles say that inhuman or unreasonable regulations must not be obeyed and that, on the contrary, it is the duty of every man to resist if possible. I certainly will not obey. May they dismiss me or put me to a prison.

 

   The effect was very different of what he expected. Some old men as I applauded; the youth attacked him violently:

    "Why are we where we are now? By the Nazis! Who began the war? The Nazis! Who would have sacrificed us without hesitation for a little advantage of Nazism? The Nazis! Everyone, who ever belonged to the party must be punished an severely as possible." Etc.

 

   And now one of the eldest member spoke and said: You all know that I was in a Nazi-Concentration Camp for four years. There I was treated in a way that it is not the merit of the guards that I am still alive. I do think it would be just to consider as murderers all those, who participated in the daily ill-treatments. But to punish a man simply because he was a member of the party would be an application of the collective responsibility principle, which I decline and we, altogether, have formerly always declined.

 

   The end was, that he, the first who spoke, and some other old men - - all with grey hair or white - - had a vast   majority against them. (I belonged to that minority.) And when a member of the shop council of the great Berlin Traffic Company (tramways, subways, busses) declared, that the shop council applied the principle of collective responsibility insofar as wives of Nazis were not accepted as workers - - with few exceptions - -  he got a great applause by the youths.

 

   I would not have reported this little scene if I would not think it to be a typical one.

 

   I beg to say some words to your remarks about collective responsibility in your letter of  9. X. 1949:

I think, that Tucker would have accepted Machiavelli's principle:

   Not he, who as the first begins a war, is the real beginner, but he, who compels, by his behaviour, the attack upon him.  ("De arte militaria.")

That is also your standpoint and also mine. If the Associations for Mutual Protection, proposed by Tucker, were already established, then they must, if they want to continue to exist and do take themselves serious, accept the Machiavelli principle and must openly proclaim it in their program. Kant disapproved of preventative wars. (Präventivkriege) Here I cannot follow him.

Example: If the American Militia would be organised as an association on the foundation of Tucker's principles, then they would have destroyed in the middle of  a - - seeming - - peace, the Russian Atomic Bomb Factories, provided the technical possibility had existed. By this very destruction peace would have been preserved. - The American army remained passive, although the leaders knew what would happen to the world's destiny if the Kremlin would have atomic bombs at its disposal.

 

(J.Z.: Atomic bombs in the hands of USA governments are morally hardly better, although less likely to be used - again. Twice they were already used by an USA government and the USA government was neither mentally nor otherwise ever prepared for a unilateral nuclear disarmament and one with regard to biological and chemical mass murder devices. To that extent it has also been totalitarian and subscribed to the principle of collective responsibility against all the victims of the Kremlin behind the Iron Curtain and the Bamboo Curtain and provoked the construction of the same kind of terrorist "weapons" in these other countries and some others. - J.Z., 11.2.03.)

 

   You speak of canvassing votes against State-capitalism. That's not your concern. Your concern is to frame arguments against State capitalism and frame them so that an average voter understands them. Until now nobody has sufficiently refuted all the arguments by which the masses are seduced.

----------------

   "Well - - there are many things wrong in Russia and at the British governing party. But the Bolsheviks in Russia and that party in England prevent us from unemployment. Their methods do not seem the best, but nobody has made known other, comprehensible and trustworthy methods."

(I am not sure here whether B. does here quote M's actual words or just states an all too popular opinion in B.'s own words and English. Since this segment is in quotation marks, I have not changed it. I may not get around to publish Meulen's letters to B for a long time, if ever. - J.Z., 11.2.03.)

 

   Votes are not the right measure for responsibility. Many people vote against a party merely to protest against this party's principles or methods. Or they vote for a party because they believe the party to be the least of possible evils.

There is much to be said against the present voting system, and Tucker and his adherents contributed thoughts for a reconstruction of the administration of public affairs. Inter alia a system of an effective right of recall (you know the system) must be introduced. If a people does not use this right, although it had the possibility to use it, one may speak of collective responsibility.

(J.Z.: Only if one subscribes to the majority principle or one has reorganised territorial States into exterritorial communities of voluntary members only. B. failed here to define "the people" and thus leaves the matter to the predominant territorialist and "representative" ideas and institutions. - J.Z., 11.2.03. Even if a recall attempt does not find majority approval, the minority that favours the recall should have the right to secede and to establish an exterritorially autonomous volunteer community. - J.Z., 2.6.03.)

 

   But there you are right. Those who voted for Hitler deserve very much blame

 

(J.Z.: B. also blamed the individualist anarchist Dr. Walther Borgius [Two of his titles can be found in PEACE PLANS 331 & 338.], whom he knew personally, for having voted for Hitler with the motivation: Once in power, this guy will make himself so ridiculous, that he will be toppled and anarchism will gain from his example. B. had objected, that as an experienced anarchist, with much knowledge of history, he should have been aware that once a regime is in power then, in spite of making committing many crimes and making numerous mistakes at the expense of its subjects, it cannot be very easily overthrown. An armed man in the saddle is not easily unhorsed by unarmed and untrained men. - But this is just one example of how diverse even the votes for Hitler were. - J.Z., 11.2.03.)

 

But the following circumstances are to be considered:

 

I.) A great part of the votes was simply falsified. Nobody can say to what a degree. I personally think: There is a probability greater than 90 %, that if the votes had not been falsified, then there would not have been a majority for Hitler. I won my impressions by talking with members of election committees of Berlin. (It seems that the participants in these frauds were dishonest enough never to speak or right about them. - J.Z., 2.6.03.)

 

(J.Z.: Since WW II we have had several and published examples of famous USA presidents having gained election victories by forgeries of votes, wherever a few changed votes mattered greatly. If that can happen even there, without large and openly totalitarian parties, and in spite of influential and relatively free mass media, then we should not be surprised, that such things happened under crisis conditions, towards the end of the Weimar Republic in Germany and that the Nazis came thus to power, with Hitler being appointed as chancellor by President Hindenburg, as, seemingly, the leader of the largest party and the largest block of voters, all others being split a hundred-fold. Almost no one doubts now, that most elections under communist regimes, the other large-scale totalitarians, are hardly more than a farce. Even afterwards, the Nazis had still no clear-cut majority in the Reichstag, the German parliament, and so they arranged for the burning of it and also for a scape-goat for their own arsonist action: a mentally defective and supposed communist, which gave them a seeming "justification", to throw all Communist MPs out of parliament, which finally gave them a majority in this talk-shop. Arranged events, like the "unprovoked" and "unknown" attack upon Pearl Harbour, by "democratic" regimes are nothing very new any more to voters and readers in the "free" West. Some even compared that event with the September 11th 2001 terrorist attacks against people in the USA, as if the US government had conspired with these terrorists to make them "successful". A huge gain in popularity and power for the US government was one other great negative result of this event. Thus the US government certainly had a motive and the opportunity. All territorial governments are capable of almost any crime. They prepared for a nuclear Armageddon! - President Bush II, however, is quite right in wanting to see to it that Saddam Hussein does not posses ABC mass murder devices or acquires them. However, Western governments supplied him in the past with some biological and chemical weapons or facilities for producing them! But a "conventional" or "modern and scientific" war against the whole small country, his subjects, his victims, or against his capital, is certainly not a rightful and optimal way to achieve that. The USA government has not even been successful in finding, capturing or executing Bin Laden! So far S. H. has not been personally targeted, nor have the at least 5 ethnical/religious communities and numerous other dissenting groups there been offered full exterritorial autonomy, by e.g. fully recognising their governments-in-exile and allying the USA governments with them. As for the oil in Iraq: The US government should clearly state that it wants shares in these assets, to the extent that they are in the hands of the Iraq government, to be freely and equally distributed among all the inhabitants of Iraq. Then the USA government could hardly be any longer accused of merely pursuing "oil interests". All people in Iraq would then and for the first time get their own oil interests. - J.Z., 11.2.03.)

 

II.) When the voters saw - - still in 1933 - - what jackasses they had been, they had no opportunity to change anything.

 

III.) England, France and all others remained not only passive but began to deliberate with Hitler and to treat him on an equal footing. In January 1933 Belgium or Austria alone would have been able to restore liberty in Germany. It was the duty of the other governments towards their own people to let their armies march in January 1933. In less than four weeks, and with the loss of a few thousand men, they could have occupied the country, assisted by millions of Non-Nazis.

 

IV.) The leaders of the German army were allied with Hitler. The general impression in Germany is even that their program had been:

 

    a.)  We get the political power with the help of Hitler; we make him the successor of Hindenburg, but we will

          remain the true masters, as we have the army in our hands.                  

    b.) If our main program - - restoring an army of several hundred-thousand men - - is fulfilled, we will demand

          the repeal of the Treaty of Versailles (at which they gazed with hypnotised attention and which they believed       

- - so their professors had taught them - - to be the main cause of unemployment and all other evils), then we

dismiss Hitler and choose one of us. (They did not yet know whom.)

 

In every case, resistance against the army was technically impossible.

 

   One might have said: By their votes the Germans have proven that they are not able to govern Germany. G. must for some time be governed by the League of Nations. That would not have been a bad program. Also the dividing of such a powerful and dangerous State as Germany into the States formerly constituting the "Deutscher Bund" (before 1866) might have been possible. Rousseau said: "A State should not dispose over more than 4 million inhabitants. His reasons are not bad. (His principles do not only apply to Germany.)

----------------

 

   Social Statics. (Your letter of 9. X. 49.) (Herbert Spencer, Secession & Desertion. - J.Z.)

I assert: If in 1919 or perhaps even in 1938 the English and the French government would have declared: If at a future war any soldier of the army with which we are at war, leaves that army and declares that he was not a volunteer but was compelled to fight, then he will not be considered as a prisoner of war, but as the subject of a neutral State - - then, a few months later, Hitler would not have had enough men to form a life guard. But I wrote to you about this subject more fully in several letters. Feel certain that one day Russia (rather, its communist regime, as the Chinese communist regime did in China - J.Z., 11.2.03) will successfully apply the principle.

-----------------

 

   I do admit: If anyone talks to an average German (minister, member of parliament, editor of an average paper,  worker, manager of a factory, etc.) he at once yawns like a crocodile and asks: What is the price of tobacco now? or: What will I get to eat this evening???

The faculty of political thinking has surprisingly diminished for some decades.

Pending the first world war, I had opportunities to talk about the principle (it is a principle) to German officers. They all answered, that such thoughts were the privilege of the marshals and the emperor, not of officers and

still much less of simple soldiers. Much more interest I found among my comrades. Some were fully convinced and said: That's a new kind of pacifism! After the war we will start a movement! We must remain in touch! I lost sight of all of them. I tried also to convince some English prisoners. All of them told me: Such thoughts are useless. Germany will be defeated and then a new order of things will be established, so that measures, as you propose them, are no longer necessary.

When I talked about it to the son of Follin (you know Follin, I hope) he answered: The French are - - in these things - - narrow-minded. If German soldiers, coming over voluntarily, to our side, would not be treated as prisoners are usually treated, they will protest, all journals will protest and nobody, who tries to explain the true nature of the new principle, will be heard or he will become suspect as a spy of the Germans. Perhaps he was right in this.

(J.Z.: My cousin, Wolfgang Seher, deceased, conscripted as a young man into the Nazi's forces, never came to hate those he was forced to fight. But after the treatment he received in France, for a few years, as POW and being abused there as a forced labourer, he came to dislike, for a while, everything French! In this he neglected that one of his grandfathers was also of French Huguenot descent and still had a French name: Canon. - J.Z., 11.2.03.)

 

May be by now all such considerations are too late, The Kremlin possesses atomic bombs! But there may be still       one expedient: Offer to all those, who handle the bombs, a sufficient amount of good gold coins, if they deliver the bombs to a secure place. The probability is by no means zero that they will do it. But this possibility is connected with the principle considered above.

 

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …        12. 11. 1949.  Your letter of 7. 11. 49., received today.

 

Dear Mr. Meulen,

 

with great pleasure I expect the printed matters announced.

   I am surprised that Communist Anarchism is not yet dead but still alive in England.

 

(When in 1958 I tried to organise, stimulated into it by Ulrich von Beckerath, a discussion centre and an open air speaking centre in Berlin, a few of the old communist anarchists turned also up at my meetings and I remember that they were the only ones who at first volunteered some small monetary contributions, counted in a few "Groschen" only, saying that they knew how much such meetings would cost. Obviously, they could not afford more but what they could afford they gave. That touched me. So at least some of the German communist anarchists survived as well. Later some more "came out of the woodwork".  Then and now it was the individualist anarchists and anarcho-capitalists that were really scarce in Germany. They old communist anarchists were nice human beings - but so backwards in economics! At the same time, on some points, quite the realists, not just talkers, writers and listeners. - J.Z., 11.2.03.)

 

One must always remember the great and practically unlimited liberty of thought and freedom of speech in England. Kant says, that institutions, such as a good constitution, may fail, and do really fail in the long run,  but - - says Kant - - "liberty of the pen" is better than all institutions and - - in the long run - - produces all necessary reforms. (Kant says not, that good institutions were of no use, on the contrary. But institutions do grow obsolete and may then produce the contrary of what their the founders intended.

(In these days I read about the secret trials in old law, later misused in the trials of heretics and witches. But in the beginning the institution was not so bad. Experience had taught that people of inferior rank or poor had not the courage to openly accuse mighty persons or to bear witness against them. But if they got the chance to talk in the absence of the mighty, then they spoke openly.)

 

   You write: " ... the Duke of Bedford contributes monthly notes on Douglas". Is that the Social Credit Douglas? His system is impossible without Cours forcé and a money authority, blindly and without hesitation obeyed by the people. It is the very contrary of anarchism. The duke's character induces respect, his intelligence less so. How is it possible that the editor of "The Word" accepts articles about the Social Credit System?? (The names invented by these modern economic sectarians are, in most cases, very good, although as misleading as possible.)

 

   The History of socialism proves that original, good and really socialistic ideas (the word "socialistic" used in the sense in which Benjamin R. T u c k e r used it) seldom originate in the brain of people, who would get the greatest advantage from the realisation of these ideas. Many more than 90 % of the great socialistic thinkers were no proletarians, not Marx, not Lassalle, not Engels, not Lenin, not Trotsky, not Stalin, not Proudhon.

 

   Also the history of the Anti-Slavery movement does not contain not a single name of a slave as a champion against slavery, with the sole exception of Toussaint-l'Ouverture. He confirmed the old rule of slave-masters: Let never a slave learn reading and writing! Toussaint was taught it, so that his master had a librarian. He read all books in the library and Plutarch more than others. T. became not only an insurgent but a conscious adversary of slavery. But it is well known that he descended from an old African royal (or at least chieftain) family. It is said, that the Negroes of Haiti knew that and for this reason obeyed him willingly.

 

   At the time of Tolstoy and certainly by the influence of his writings, it became frequent in Russia that aristocrats ceded their estates to the peasants. Tolstoy himself describes such a case in his novel "Resurrection". At last the government enacted a law by which the cession of estates in other ways than by sale in the usual forms and at usual terms was prohibited.

 

   I am firmly convinced that the most exasperated enemies of State socialism are at the court of Stalin and sometimes I suspect that Stalin himself (who is certainly no blockhead) is a socialist in the sense of Tucker. (Did not Nikolaus I., that bloody despot, admire and assist Robert Owen?)

----------------

   You will - -  I hope - -  be so kind as to send me your article published in the "Word".

 

   Do you know the very detailed and excellent explanation of Individualist and Communistic Anarchism in John Henry Mackay's "Die Anarchisten", a very good novel?

 

About twenty years ago, I took the courage to visit John Henry Mackay. He had become a hermit and was - - economically - - in a bad situation. He was compelled to sell his library - - unique in the world - - containing nearly all anarchist and most socialist writings. He found no buyer, but at last he get a very good offer from the Marx-Engels-Institute at Moscow. Now the books are at the place where they can produce more good than at any other.

 

(J.Z.: I believe that he wrote that with future communist censors in mind. In communist libraries even some writings by Goethe were under censorship! But at least Mackay's library was preserved there and he had the benefit of the sales proceeds. After the fall of the Soviet regime, did a rush of anarchist and libertarians and libertarian socialists result to that library, to photocopy any rare freedom text that would otherwise be inaccessible and to reproduce them first on microfiche, then on floppy disks, on CD-ROMs and online? I have not yet heard of such an attempt. Have you? The anarchistic "chaoists" do not tend to move in that direction. Nor do the individualist anarchists, alas, or the general libertarians. As if a few new anarchist and libertarian titles, temporarily in print and at the usual high book prices, would be enough to promote this kind of enlightenment! - I would gladly help to sponsor a visit to that library with A $ 500 - provided I get good photocopies of at least 10 significant titles that are not yet in my library or in my LMP collection and are wanted by me. Whoever undertakes that chore would best take his own and excellent as well as portable photocopy machine along and sufficient supplies like toner. At the end he might profitably sell that machine there, at least on the black market. - The "activists" rather march, sign petitions, wave flags etc., etc. - J.Z., 11.2.03.)

 

   When I was young, I had often an opportunity to talk to Communist Anarchists. Their theory was: If capitalism is removed, human nature will work in a similar way as nature works among the bees and beavers. They reminded me also of the Eskimos, who live without a government and even without chieftains, and are known as the morally best people in the world. I asked them: Do you believe that also men like the Tsar Nikolaus II and the Grand Duke Konstantin - -  at the time the most hated men in revolutionary circles - - will change their present nature? They reflected and then answered: They - - no - - they certainly not!

Now I had the Communists! I told them: You admit, that we must protect ourselves against people like them! and if it should be that such people are more numerous than expected, we must create powerful organisations against them. That's all what Individualist Anarchism demands.

Firstly, they insisted, that people like Konstantin were rare exceptions, so that it would not be worthwhile to create organisations against them.

Then I asked one of them, who had just had his 2 years of army service behind him and had told evil things, about the treatment of socialist soldiers by sergeants and officers and even comrades: Do you think that the sergeants, officers and comrades, who treated you so badly, will change their nature rapidly? That seemed doubtful to him, and at the end of the discussion their conviction on mans true nature was somewhat changed.

 

   The people always think in general terms and expressions. H. L. Follin, whom I believe to be (have been. I believe that he died just before WW II. - J.Z., 11.2.03.) one of France's best heads, says:

The habit of thinking in general terms is one of the greatest obstacles to social reform. Authors, who write in general terms and so, indirectly, confirm the people's bad mentality, are not better than criminals and the true counter-revolutionaries.

---------------------

 

   Christ.

I think our opinions are not different in essentials. We are both convinced, that most of what the Churches believe to be the really important in the 4 Evangiles never occurred or is so miss-stated, that it may be a task for historians and philologues, but not a fit basis for a religion. I admit also, that in books, which report so many miracles as the Evangiles, every detail is suspect. But details as the attempt of Christ's family to arrest him as a madman, his quarrels with his family on other occasions, his parables and many astonishing words are very probably not invented and even not misrepresented. If I find a parable like that in Luke 19, 12 ff and find, in the work of Josephus, that he reports the same story but mentions the king Archelaus as the nobleman, then I conclude: Christ was well informed about the history of his country, spoke also about this history to his disciples, but - - as it common practice in oriental countries - - in a very cautious manner when kings were concerned, whose family still governed. Luke, an excellent novelist, obviously took the story as it was reported to him, but did not understand the real sense, just like some listeners of Christ did not understand it and, a fortiori, the churches did not understand it.

Christ would represent the character of Archelaus - - disharmonic but not 100 % bad - - by a remarkable story, which really explains that character and by which really something may be learnt, if it is not taken as religious contribution but as one to practical philosophy. Luke, no Jew, was not well informed about Jewish history and, therefore, could not detect Archelaus behind the "nobleman".

 

   The most interesting fact is that such books as the Evangiles could become the foundation of a great and widespread religion. It is no less astonishing than the fact (I take it from Gibbon) that the Koran was written on                 paper, 30 years after Mohammed's death, before only on shoulder-blades of sheep, by Mohammed's secretary and laid, disregarded, in a box. Mohammed was so misunderstood by the secretary that M. firmly declined the authorship of these writings and expressed the wish that any of his friends might kill the secretary. And, nevertheless, once re-discovered and written, from that source, the Koran became the foundation of several religions. (Amusingly represented in Volney's "Les ruines".)

(C. F. Volney, 1792, in the German and English translation, were reproduced by me in PEACE PLANS No. 559. - J.Z.)

 

   A philosopher, whose name I forgot (perhaps Gibbon) remarked, that some religions seem to be founded on books, but really are not and cannot be, because in old times the greatest part of the people could not read and therefore did not know what the books contained. The religions were propagated by ceremonies and often repeated  details from the Holy Books, such as the Christmas Story and the trial of Christ before Pilatus. (I think that trial took place and most details are true.)

-----------------

 

   Co-operation versus State-Socialism.

The employees of the Coop Wholesale Soc. do not form a cooperative in itself and so their work is to be considered as a mere employee-work, which has nothing to do with co-operative work. The whole Wholesale Soc.                          is not organised as a co-operative, and probably cannot be organised in this way. Here is the principle's limit.

"Est modus in rebus, sunt certi danique fines", which I picked up in an Encyclopaedia with a translation. (You know that I do not understand Latin, one of the reasons for my being a fanatic of Latin and Greek as a basis of education. I do know what I lack.)

 

   If old State-Socialists honestly believed, that under State-Socialism workers would give of their best "because they would know that they are working for themselves", they fell into the old error that the State is a great co-operative. Individualistic Anarchism and now the facts in Russia and the Satellite-States have refuted the old error in a very impressive manner.

-------------

 

    Liberty.

Certainly, I would like to read some old issues. If you will take the trouble to lend them to me, I will e very much obliged to you.

 

   Gibson

What you say of him is quite right. But he may know: If he does not put Free Banking among his aims, then his movement will be a separatist movement of which history will not take any notice and which will remain without success. By including Free Banking, the old Scotch Tradition, into the program, he will march "à la tête de la civilisation". (That's no yoke.) Gibson's character reminds me of Fouriers's noble character. If the fact you report were generally known, this would add some people of importance to the number of his adherents. Others, of no worse character, would have considered the thing from another standpoint, so as you (and I agree), but the main thing is: Doing what oneself believes in, may others think what they like.

 

   Rittershausen just published an article in the "Morgen" of Mannheim. He says, that in the whole world not a single man considered the devaluation as a matter of right or wrong, and that this was the worst of all. Rittershausen did not know, that besides himself, Gibson is the second.

 

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U.v.Beckerath, ….                                                                                                                   18.11.49.

 

Dear Mr. Meulen,

 

yesterday I received:

1.) "Pagan Christs" by Robertson,

2.) "analysis" of October 1949,

3.) "City Press" of 28. X. 1949,

4.) "Truth" of 4.11. and 28.10.49.

5.) "The Scots Independent,' of November 1949,

6.) "The Economic Digest of "November 1949,

7.) last, but most important of the 7: "The Word" of November 1949.

 

Many thanks for the trouble you took, time and postage you spent and the printed matters, all of great interest, just as you promised.

 

   At first I read - - of course - - the "Word". I expect. that several readers - - perhaps even many - - will write to you. Your letter to the Editor, page 16, is no less exciting for serious truth-seekers - - and I think most readers of the Word are - - than your article on pages 20 - 22.

   And that's possible in England - - an editor lets his adversary speak two times in the same number.

-----------------

 

I hope: the young communists (it they are all of the kind of Aldred, they must at last become Individualists) will pose to Individualism the following question:

 

   "In this town there are 100,000 unemployed. Is it technically possible, by your principles, to find work for them in less than a year? And if not, what laws, regulations or institutions prevent it? What laws or regulations must be repealed to make this employment (in any legal form) technically possible?"

   Now (to/ - J.Z.) live in England and answer such a question!!!!

(It appears, that Henry Meulen never did! - J.Z., 12.2.03.)

----------------

 

    Today only this short acknowledge of receipt.

----------------

Very faithfully Yours - signed: U. v. Beckerath.

 

   My time is very occupied. The holes in the roof of our house cause much trouble, and today we got two breaks of water pipes.

All consequences of damages by bombs.       

                                                                     Bth.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                      18. 11. 1949.

 

Dear Mr. Meulen,

 

of the Word I had still today nothing read but your contributions. Now I read the rest and hope to say still something about it.

 

   Today in haste: At page 23, Ian More tells us, that Guy A. Aldred wants 300 L. Why does Aldred not read your book and why does he not apply its principles to his case? Let him print, on the Strickland Press, 1,000 Tickets with the following text:

This Ticket

will be accepted as One Shilling,

from 1. I. 1950 to 31. XII. 1950

for payments of subscriptions to The Word,

for books purchased at its library or

at the entrance of meetings, organized

by The Word, as entrance fee.

 

Then Guy A. Aldred may go to his creditors and tell them:

A rascal gives more then he possesses. (? Pretends to give more …? - J.Z.)

That's what I possess. I think that a part of your creditors will accept the tickets, especially workers. Try it and - -              if possible - - let me talk to your creditors.

 

   Guy A. Aldred knows the history of the English Tradesmen's Tokens and, therefore, knows too, that such tickets, 150 years ago, would have been a quite normal thing. Also, from your book, he could know, that note-issuing in England began in many dozens of cases by the issuing of such tickets. Guy A. Aldred may also consult the American "Sound Currency" of which I possessed the volumes 1895 and 1896 (burnt), where, in an excellent article of John DeWitt Warner, tickets of a similar kind are described. ("The Currency Famine of 1893.")

 

   Why not be independent from State money??? You detected that irredeemable tickets are permitted in England. . Perhaps your discovery will now save Guy A. Aldred.

 

   1,000 Shillings would be a beginning. A. wants 6,000 Shillings.

Once the first 1,000 Shillings are spent, he may print (gradually! - J.Z.) the next 5,000.

 

   In a case of distrust, the ticket-bearer will come to him and buy copies of the Word, books and visit his meetings. As long as A. is able to make good the tickets in this way, on demand, there will be no danger, neither for him nor for the ticket-bearers. 

  

But long term investments cannot be immediately financed by such tickets. If A. wants long term loans, then he must use the option clause.

Say, he wants to buy a new machine for 449.55 L. He will pay for it by instalments. Then he must give his creditor 60 bills, each for the amount of 10 L, and due at intervals of one month. On each ticket is written:

 

   This ticket is accepted by the Strickland Press     (Here, at last, he offers a more general service,

   for its face value, after being due.                          more widely appreciated, not only by

   It is also, upon demand - - after being due - -        communist anarchists! - J.Z., 12.2.03.)

   exchanged for 200 tickets of 1 Shilling each,

   with the above text.

 

   On the Bill No. 1 is said: "The obligations from this bill are not due before (1. I. 1950) and end (31.12.1950 or at a later date, which he may agree to.).

 

   On the Bill No. 2 is said: "The obligations from this bill are not due before (1.II.1950) and end (31.I.1951 or at a later date, which he may agree to.).

 

   On the Bill No. 3 is said: "The obligations from this bill are not due before (1.III.1950) and end (28.II.1951 or at a later date, which he may agree to.).

 

 On the Bill No. 60 is said: "The obligations from this bill are not due before (1.XII.1954) and end (30.XI.1955 or at a later date, which he may agree to.).

 

   The exchange of the bills into Tickets, on the date due, is the link, which connects long term loans with note issuing. It can be seen, from the example, that here option clauses are used, which defer the exchange to a time suitable in this special case.

 

   5 years = 12 times 5 = 60 months instalment credit are usual in credits for printing machines. In the course of that time, the printer must have earned so much that the machine is fully paid. It assumes that he earns in every month - - in the chosen example - - 10 L. If that would not be possible, then he cannot buy the machine.

------------------

  

   Every ticket must bear a number and a date and - - I think - - also a personal signature of Guy A. Aldred.

   

   In every edition of the Word must be stated the amount of outstanding tickets.                                                

 

   Tickets that come back to the Strickland Press must be destroyed (or cancelled! - J.Z.) like cheques and the destruction must be announced in the Word (Nr. and date to be stated.)

 

   Bills due, whose exchange into tickets is possible, must be stated in the "Word".

-----------------

 

   Then Guy A. Aldred has done what he could do to win the trust of his customers.

-----------------

 

   What Proudhon, in his bank lacked, was the option-clause, this most important Scotch invention. The theory  of that clause is not yet written. But it requires a theory.

-----------------

 

   If, 50 years later, the ticket-department of the Strickland Press has not become an institute as big as the Big Five, it will be Guy A. Aldred's fault. (Yes.)

----------------

Very faithfully Yours - signed: U. v. Beckerath.

 

   The difference: 600 L nominal value of the bills and the debt amount of 449.55 corresponds to an interest of 1% monthly (very high) for the creditor. Refer to a table for compound interest such as Spitzer's Tables, chapter      "Annuities".

====================

 

   (J.Z.:"Assuming that Guy A. Aldred is or was a printer and that his printing shop, Strickland Press, is not fully employed, 8 hours a day, or even 24 hours, if he is the only printer working at it, then he should have offered, as additional "cover" for his own personal notes, his capacity as a printer for

a) the rest of 8 hours daily, for which time he is presently not employed, and

b) his capacity to work every day another 8 hours in printing jobs, or,

c) if not enough of these are made available to him, in other jobs, e.g., as a general hand, within a certain distance from his residence and from the premises of Strickland Press.

That would have increased the "shop-foundation", "service-foundation" or "debt-foundation" for his "ticket-money". Additional employees and their, possibly, likewise increased readiness to work an extra shift daily, if printing work for all of them could be found, would have given his tickets an additional foundation.

He might also have associated his offer with the similar offers of other unemployed or under-employed anarchist comrades and with some monetary freedom experimenters. That would have required the mutual acceptance of tickets and their clearing among them. Since printing is for most people a marginal usage of their spare funds, while they always need food, any participating food store would have had to limit its participation to certain amounts, otherwise it would end up receiving most of the tickets of the association, while it could use only a limited number of them. The limited number it could use, among the participants, would indicate its limits to accept the tickets of the association. So it might indicate: Every week we will accept up to xyz pounds in this ticket money, by a sign in its shop.

All kinds of service providers: E.g., printers, barbers, plumbers, electricians, carpenters, gardeners, lawyers, doctors, engineers, architects, etc., between them, could issue a locally quite widely acceptable additional local currency, thereby assuring sales for their services, if they are provided at competitive prices.

 

By coincidence, only yesterday I made another note on "ticket-money", in my seemingly never-ending quest to attempt to point out the connection between full employment and full monetary freedom - as shortly and clearly as possible:

   A Monetary Solution to the Sales Problem for Labor, Other Services,

   Shops, Exporters, and Producers in General, Agricultural ones Included

 

Instead of trying to supply them monopolistically & centrally with exclusive and forced currency, on a paper value "standard", which is usually mismanaged and which is, nevertheless, legally and juridically not discountable or refusable as a means of payment, let all of these, and their voluntary and local associations as well, supply their own exchange media and adopt their own value standards (which they consider to be sound enough).

Further: Let all others be quite free to refuse or to discount these private, cooperative, competitive, optional exchange media, clearing certificates, goods warrants, service vouchers, bonds, etc. and the value standards used in them, as they might refuse to accept or might discount any other ticket offers to any kind of performances.

   Then, and quite obviously, the issuers would get as many jobs, sales or orders for their services, as they would have managed to issue their tickets in payment for their requirements. To that extent they would become independent from the government's monopoly money - and would have become their own note-issuing "bankers".

   Ticket money, for all performances. That's the ticket! [To - freedom!]  - J.Z., 11 & 12.2.03.)

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                      19. XI. 1949. Your letter of 16. cr., received today.

 

Dear Mr. Meulen,

 

you really may be very gratified that the Times printed your letter to the Editor of 14. XI.

The opportunity for hints as you gave them in your letter is very favourable. The devaluation loosened all brain cells. Everybody feels: There must be something wrong with the devaluation; but people can't detect what it is. In such a situation, a letter like yours will find much attention. I think you will get a least a dozen letters from tyour readers, who beg for information.

--------------

 

   I think it possible, that a reader will ask: Where is the limit for the granting of long term loans simply by issuing  notes?

   W. B. Greene reported that the State notes of North Carolina circulated at par, although their amount was about 400,000 Dollars - 500,000 Dollars, while the revenue of the State was much less than 100,000 Dollars per annum. The tax collectors were the only ones who had to accept the notes at par. And, nevertheless, this small opportunity to use the notes at par was sufficient to keep the whole amount at par for about twenty years.

 

   By European experiences, Lorenz von Stein estimated (in about the year 1870) that a government can issue an amount of notes equal to about 1/4 of its annual income. In the case of North Carolina, that would have been less than 25,000 Dollars. But really 20 times more was kept in circulation, practically at par. The circulation by which an irredeemable paper currency can be kept at par is very different.

 

(J.Z.: How much competition did this currency have from other exchange media? If none, or very little, or not enough, then this may be a part-explanation. The people in that State needed exchange media and almost anything would do, as long as it was not obviously valueless or all too rapidly depreciating. They were not primarily interested in rare metals but in as many free exchanges of their goods and services for those of others, as possible. - Perhaps precisely because they could not, or not easily, get gold or silver coins for this currency from the issuer, but at most on the free currency market, they passed these notes on as fast as possible, to all who would accept them at or close to their par value. - The case is so unique that it is worth exploring further, for all, who do have access to sufficient source documents. - Who is prepared to write his doctor dissertation on it? - J.Z., 12.2.03.)

 

   German and other experiences seem to prove that a private bank's ability to grant long term loans simply by issuing notes is very restricted. Even if the public trusts the banker, there may suddenly arise a distrust towards the government, in the government of other States, which prepare wars and such things. If the notes are issued with cours forcé, they will not get a discount, not even in the case of very great distrust. But without cours forcé they will. On the other hand, the cours forcé is the basis of all social and economic evils.

(I believe that Henry Meulen never conceded that but, rather, like e.g., most lawyers, considered it to be a relatively insignificant but necessary juridical arrangement, just like most economic textbooks do. - J.Z., 12.2.03.)

----------------

 

   If I find here in Berlin somebody willing and able to "lick into shape" a letter to the editor of the Times, I will write it. It would be important enough to write such a letter, there you are quite right. But I live here nearly as a hermit. Among my acquaintances there is nobody who understands banking English sufficiently. But I will try it.

 

(J.Z.: When, just married, we arrived in Australia, armed only with our school-English, we had the same difficulties in getting ourselves expressed in colloquial English, especially in writing efforts. We were busy getting established and bringing up 3 kids. 5 years later the marriage broke up and I felt under strong internal pressure to express myself in English not only in talks - for my first talk in the Sydney Open Air Speaking centre, in the Domain, I learnt by heart about 10 pages I had written on human rights, but I had also difficulties in expressing myself in writing in English and knew no one with the same interests, prepared to help me correct my drafts. That can be a major obstacle. So then I did not dare to write a whole book in English or to translate my 1962 first peace book, written in German, but merely to write some short contributions for the 2 first issues of my PEACE PLANS series, then very short, only about the length of Meulen's Individualist. Later I become more and more indifferent towards whatever mistakes still remained in my spoken or written English. I wanted to express certain ideas and simply did it, unaided, as well as I could, without too frequently resorting to dictionaries, offering flawed texts rather than none. That is still my attitude now, after I finally gained some fluency. Others had always the chance to express these ideas better than I could - if they really wanted to. I wanted to convey ideas rather than a flawless English. But I often envied those who had some good and interested editors handy. To some extent my correspondence, resulting from my PEACE PLANS series, helped me. But I was never successful in writing letters to the editors of major journals, nor interested in writing for other small journals, and so concentrated most of my writing efforts on my own little journal, whose tiny circulation was cut almost to zero when I converted to microfiche, with its policy of publishing only upon demand, apart from an initial small batch, to have some duplicates on hand for immediate mailing. That also cut out most sending of free samples, because I no longer wanted to waste copies of the original small batches of microfiche duplicates, usually only 100 for a PEACE PLANS issue, by sending them to prospective readers, because I knew most of them would not have a reading machine or bother to buy one or use the one in the nearest library. Since then I served my own "publishing" convenience rather than their reading habits.  Those more interested in the medium than in the message will have to do without my messages. However at least all of the first 20 PEACE PLANS issues are now also available by e-mail and some others as well or online. And anyone interested is invited to scan in, duplicate, and distribute and translate, in any medium those texts from my microfiche which are no longer or were never copyrighted, any of my own texts and any of those of Ulrich von Beckerath and of my father, Kurt Helmut Zube. I am copyrights holder for the latter 2 as well. Important ideas, to become effective, should be freely shared, as widely as possible. - J.Z., 23.5.03.)

--------------

 

   Do you think, that the term "banking" is, still today, well enough and generally understood as equal with "note-issuing"?

   In Germany the public has long forgotten, that, in old times, banks issued notes. When Rittershausen explains in his lectures the difference between the "banking-principle" and the "currency-principle" (*), the students want long explanations. Issuing paper money by the government has become a "self-evident premise". They are unable to think that other people than government officials could also issue paper money.

Thank you very much for the interesting clipping.

 

Very faithfully yours - signed: U. v. Beckerath.

 

   The old German banking rule was: The amount of outstanding notes should be equal to the bank's current income, so that every day the public has the possibility to use the notes as a means of payment at the bank itself. In the case of a distrust or a discount of the notes - - what is practically the same - - the bank's debtors will buy the cheap notes, repay their loans at par with the notes and get a profit for the amount of the discount. In some days the notes, together with their discount, have thus disappeared from circulation. Since then no discount will be seen any more, there will be room for fresh issues.

                                                                        Bth.

-------------------------------

 

(J.Z.: However, if the discount was considerable, then this will be remembered and, at least for a while, there will be fewer ready acceptors for new issues at par or, for some time, a small discount may continue, until the remaining distrust and apprehension have finally disappeared. For that reason, the issuers will always try to do their best to prevent any considerable discount from occurring at all or lasting very long - by maximising all reflux opportunities for the own notes and also by buying them up with other kinds of notes received in their transactions.

They do want their own notes to be "as good as gold", and to be accepted as such, at least locally. The advertising effect of this alone will be already of an immense commercial value to them, part of their good "reputation", their own "good name" or "brand-recognition". They would have to pay a fortune in advertising costs and cheap quality goods offers, to achieve this reputation otherwise.

 

I do wonder what the "promises" to deliver goods or services, by politicians would be worth, if

 

a) they were expressed in their own service vouchers and

b) they were not backed by tax-robbery powers nor

c) supported by legal tender for their promises to deliver and when

d) all kinds of political services would be offered competitively, by various volunteer communities.

 

I guess that, as some kind of desired "insurance services", on a voluntary subscription basis, using "subscription" and "pay-out" money of these competing "insurance companies", all among voluntary members or acceptors only and without any territorial privileges and powers, many of them could continue for a long time and for each territory, there would tend to be not only one but dozens of them. Later, some of them, might regionally, nationally or even internationally federate or confederate and thus their total number might become reduced again, towards their optimum number.  - J.Z., 12.2.03.)

 

(*)(J.Z.: There are different versions of both. I have not yet seen a complete tabulation of all of them. - J.Z., 23..5.03.)

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                 20. 11. 1949.

                                                                                               My letter of yesterday.

Dear Mr. Meulen,

 

   we do agree that purely technical improvements may be decisive for social progress, insofar as this progress means the spread of progressive ideas.

 

(J.Z.: Yes, I do agree, too, insofar as e.g. alternative, cheap and yet very powerful media are taken up for the spread of libertarian ideas, i.e., seen and used as alternative, cheap and powerful freedom of expression and information opportunities. Alas, for e.g. microfiche, floppy disks and CD-ROMs that has not yet been the case, as far as their use for all kinds of libertarian writings is concerned. Why are most libertarian minds so stagnant & apathetic in this respect? Can you supply a satisfactory explanation? Like gold bugs to gold redemptionism, they seem to want to stick with paper tigers or websites or short e-mail messages only, and never even bother to make objective cost and convenience comparisons between all the alternative media now at their disposal. - J.Z., 12.2.03.)

 

   In your book you pointed out to what degree some technical improvements in banking contributed to develop that spirit of economical independence and by that of political liberty in England and perhaps more so in Scotland, until the act of 1844 stopped that development. (100 years ago the apprehension of many, but today seen only by you, the last champion of monetary liberty in Great Britain.)             

If Gibbon would have written only the one remark:

   "If the monks, who brought to the emperor Justinian silk worms from China to Constantinople, would have brought him from there the art of making paper and, by that, paper money, the world's history might have been a very different one and more honourable mankind." (I quote from my bad memory. Gibbon's book being burnt, he                       would still have been one of greatest historians.

 

   The banker's Option Clause is such a technical improvement. When at first applied, it seemed to be not an  improvement, but the result of the wickedness of smart businessmen trying to evade their obligations.

It was the same thing with the valve gear of steam-engines, invented by the boy Potter, so that he might get time to play, instead of fulfilling his "duty" to work at the stopcock of a Newcomen machine. It is said, he got a hiding (B. wrote: "he get smashes"! - J.Z.) for its invention, but technology would have remained almost at the level of old Rome, without Potter's invention.

 

   Since about 200 years, it has been well observed that there arise commercial crises in periods of about 10 - 11 years. Each of these crises was accompanied by a breakdown of private banking and allowed to grow, in the minds of many average men, the desire to replace private banking by state institutions. (The State, in the minds of most men, and for about 200 years, plays the role of God.) In a very great part of the world State Institutions really have replaced private institutions (with more seeming than real exceptions in the USA) and economic as well as political                               slavery has been the immediate and natural consequence. We know today, that a general use of reformed option clauses could have prevented the crises.

 

   At the first stage of development, the option clause was a means to protect the banker against the withdrawal of gold or silver by merchants and others. The protection was very imperfect insofar as the then used option clause provided merely a delay instead of a prevention. It is the very great merit of W. B. Greene, Benjamin R. Tucker and his school to have demonstrated that the delay may be extended ad libitum, in other words, it may be replaced by the refusal to make good notes in any other way than by accepting them at par.

 

   The cheque business of banks exhibited the general nature of the danger against which option clauses, in their original form, should but could not protect bankers.

The general danger is: Being legally obliged to procure cash at a time which does not depend upon the wish of the banker and for an amount which he can only procure by a lucky chance.

The probability of that lucky chance may be 99 %, that's in this case no different from the chance zero. A chance of 99 % means: In one case of hundred the chance is against him and then the disaster may be greater than it would have been, if the chance would be 50 %, which nobody would have take for zero.

   In reality, the danger here to be considered is of a more general nature. It is the danger that a man is legally obliged to procure goods of a certain quality at a certain time (at least a time not depending upon his will), although he can obtain these goods only by a lucky chance.

Example: A merchant has in his shop goods like sugar, flour etc., which his customers daily use, to the value of 1,000 Dollars. Obviously, he can issue purchasing tickets for an amount of 1,000 Dollars, especially if he is the only merchant in the village. (Stephen Pearl Andrews treated such cases, but failed in sufficiently generalising them.) In the case of a panic, which need not always be caused by a sudden distrust in the merchant's honesty, when everybody will get rid of the tickets, he can make them good at once. But if the merchant possesses only goods for daily use up to the value of 500 Dollars and other articles for 500 Dollars, then, in the case of a panic, the ticket-bearers will feel, unless the merchant had stated quite openly and sincerely on the tickets, that not the whole amount of them was covered by articles of for daily consumption, ready for sale.

Maybe the judge of the village will punish the merchant for having deceived the inhabitants; but the judge will not punish him if he states that he will exchange the tickets for goods of day to day use - as far as he can. The latter words would constitute the option clause here required. A clause reserving merely a delay would not be sufficient.

(Why not, in this case? He could reorder the needed quantity of consumer goods within a few days! But a variety of suitable clauses, fit for every occasion, would be advisable. - J.Z., 12.2.03.)

 

   An obvious fraud it would be if the merchant would issue tickets for an amount of 2,000 Dollars, although he possesses only goods to the value of 1,000 Dollars.

 

   But suppose that, normally, the stock of the shop would be sold in 3 months. Then an option clause in the following form would be supportable:

 

a) for an amount of 500 Dollars of the tickets, stating:

"This ticket may be exchanged for goods in my shop."

 

b.) for an amount of 500 Dollars of the tickets, stating:

"This ticket may be exchanged for goods in my shop 3 months after the date of issue."

 

c.) for an amount of 500 Dollars, of the tickets, stating:

"This ticket may be exchanged for goods in my shop 6 months after the date of issue."

 

d.) for an amount of 500 Dollars of the tickets, stating:

"This ticket may be exchanged for goods in my shop 9 months after the date of issue."

 

   There are still some details into which a complete theory of option clauses must enter, but I think that from the foregoing it will be already be clear what I mean:

 

   Time and quality promised should not be dependent upon lucky chances

 

   That is no new theory and I think that in English text books of banking it will be contained no less than 1 have found it frequently expressed in German textbooks. But the truth is, everywhere that banks are in business: The theory is neglected by "practical men", perhaps most of all in Germany. Here the crisis of 1932 was produced by this negligence.

The bankers declared: Yes - - we promised to the people, who deposited money with us, to deliver on demand or after 3 months or after 6 months - - as the case may have been - - gold coins or gold-valued notes. It is also true that we lent out the deposited money on long term loans. And then the depositors came, demanded the fulfilment of our promises, and our debtors refer to the long-term conditions, that is, they will not pay before the date due, And we owe gold! We conclude: The gold standard has failed!!!

   The only man in Germany, who opposed what was happening, Rittershausen, answered: What has failed, you rascals: You have failed! Not the here innocent gold standard! There are bankers in Germany, who never forgot this and still work and speak against him, as he experienced a year ago.

 

(J.Z.: Usually B. expressed R.'s remark in the following form: "Not the gold standard has failed but those to whom it was entrusted." The same could be said about the paper money value standard and also the exchange medium of all central banks: Not the originally selected standard (a certain purchasing power, however defined) has failed, but those to whom it was entrusted. As for a sufficient supply of exchange media: No centralistic and monopolistic supplier can ever offer it, sufficiently and evenly to all people in a country. While dollar remains nominally a dollar, a pound a pound, a mark a mark, the purchasing power of these paper "standards" has been systematically and greatly reduced by all those to whom it was entrusted - and they got their high salaries and pensions for this kind of disservice to a whole country and all its people! Not one of them has been held responsible for their actions. The "sheple" once again sanctioned their being fleeced and finally slaughtered.  - J.Z., 12.2.03.)

-------------------

 

   You know the biological law, called: The fundamental biogenetic law. It says: Every individual, from the moment of its generation to the end of its youth (for men about theirs 25th year) repeats (roughly - J.Z.) the development of the species from which it descends. The discovery of this law is now by many ascribed to

Haeckel, but it was already known in the 18th  century. I found it expressed in clear terms and as a well known observation in a work of Kant, I do not know any more in which one. But the name: "Biogenetisches Grundgesetz" is by Haeckel.

 

   This law - - as was often stated - - is of a very general application. It seems that no sphere of human activity is quite exempt from it. It applies also to banking. (Private banking with the issuing of notes.) If it will be revived in the future, it will (and must) begin with the issuing of tickets by merchants. Then the merchants may organise their issuing department as a special branch. At last this department will become a bank. That development will, perhaps, require decades, as it did, in many cases, 100 and 200 years ago.

(I hold that this process can be very much speeded up - if a serious attempt is made by enough people who are sufficiently informed about monetary theory and techniques and how to overcome the likely opposition to this freedom. - J.Z., 12.2.03.)

 

   A difference will be - - nature never quite repeats itself - - that the option clauses of the future will be of another kind than the old ones. They will now be more scientifically framed. Merchants, still more so than note-issuing bankers, should take care not to promise more than they can deliver and should not speak of a "lack of trust" when a risk that they took, quite unnecessarily, becomes effective. Technical requirements cannot be replaced by moral demands, and if a merchant promises too much, then he cannot expect to make good his levity by inviting the public to keep their trust and to voluntarily delay its legal claims.

 

   Nietzsche (who also offered some good sayings) remarked: Honesty is the youngest of virtues.

And really: One is astonished to what degree honesty was lacking in the business of the best people in old

times, merchants and rulers, priests and teachers.

When Machiavelli told the princes of his time: Always keep your promises, even if circumstances compel you to be cruel, that seems really to have been something new at that time.

The generally adopted principle of banking in the 18th and the 19th century was: Promise always redemption of notes into gold or silver on demand, although you have no more than 1/3rd of the amount of outstanding notes in cash reserves, that principle indicated the natural mentality of its time, when people sincerely believed that lack of honesty may be replaced by piety and that God will do miracles (like preventing risks from being realized) in favour of those, who worship him in the prescribed forms. That believing itself was held to be meritorious and was so represented by the churches. One tried to justify this by some utterings of Jesus, which he, obviously, meant in a purely medical sense, when he spoke of faith. (Matthew 9, 22 and many others.)

 

   The fundamental mentality of an age represents itself in all details, religious, economic and even scientific. Of the latter Goethe gives examples, when he says:

   "Acknowledged errors are perpetuated as truths in science", whereby he meant certain optical theories of that time.

 

Very faithfully yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, … 21.11.1949. Your letter of 10. c

 

Dear Mr. Meulen,

 

Mr. Gibson did not print your article in the November issue of "The Scots Independent". His own article on pages 1 & 2 was an important one - - admitted - - but all other articles were of less importance than your article would have been.

---------------

 

   I think Aldred a most important person. He has courage and takes himself serious. As history proves, that can be sufficient to arrive at the top of a revolutionary movement within few hours, although a day before he did not know himself that this would be his role. Such a good connoisseur of world's history as you (*), probably knows more examples than I do. The leaders of the French Revolution were all more driven to their leadership than by doing something themselves to get to the places where they finally acted and died (1/10th of the members of the Convention as - calculated by Carlyle).

(*) (J. Z.: People like to hear themselves praised - but often make this rather difficult. However, a few such words cost nothing and do make opinion-exchanges more pleasant. - J.Z., 2.6.03.)

 

   You named Bakunin, Herzen and Kropotkin.

Bakunin certainly believed himself to be an Anarchist and his followers believed it too. But when the Commune of Paris asked him for a social program, he delivered a plan not different from dull Sovietism, as can still be read

in his Collected Works. Printed at Stock in Paris, 3 volumes, which I possessed.

Nearly the some is to be said of Kropotkin. I refer to the chapter on social revolution in his "La Conquête du pain". I possessed it too.

Alexander Herzen is of a very different kind. He owned large estates before he became a socialist (the word taken in the sense of Benjamin R. Tucker) and always had the real economy in thought and mind. The liberation of the serfs, under the noble Alexander II seemed to all revolutionaries to be insufficient. They demanded a complete revolution. Alexander Herzen, on the contrary, entered at once into the technical, that is, economic and legal details and gave valuable advice, after having studied the liberation laws of the year 1807 in Prussia. In his memoirs he reports an economic victory over Rothschild, amusing to be read, while all his friends regarded Rothschild as a kind of almighty devil, who, perhaps, can be killed in a revolution (that was their intention) but never be conquered in a commercial fight. By his victory Herzen transferred a great part of his money from Russia to Paris. Herzen's writings are still worth reading. Many of Bakunin's writings not, or merely for the purpose of special studies in old literature.

Malvide von Meysenbug, an author of quality and for a time the governess of his children, spoke always with high esteem of Alexander Herzen.

 

You say: The activities of the Bakunin, Kropotkin etc. did much to land us in our present mess. I think that these people, having really no program, did in practice not do much harm, but they inspired in many heads the idea, that the State is not as necessary as it is represented by average politicians and economists. And that's good and deserves praise.

 

   With much pleasure I read what you said about the Jews. I agree completely. I, too, think that Jews are by no means the best businessmen and concerning the theory of business they (usually, like everyone else - J.Z.) understand nothing. Germans are much better businessmen. Also, it must be said, that all economic qualities which in Germany the Anti-Semites ascribed to Jews, they, and others of that milieu, displayed themselves to a surprising degree during the Nazi-Time. Hitler began with some Millions in debts, just like Alexander of Macedonia, Caesar and Napoleon III. This is an excellent means to chain the interests of powerful men to the aims of the political debtor. Hitler, from the first moment, did not forget the commercial side of the revolution. He became, after a few months, proprietor of all important Journals in Germany and by that one of the richest men in Europe. Jews, perhaps would have been more reluctant or would have occupied themselves with less important details.

 

(J.Z.: Hitler's regime did concern itself with small but important commercial details as well. Instance: To make sure that all NSDAP members regularly paid their dues, even those who had been forced to join the party or were "collectively signed up", as B. reported in one of the above letters, the receipt for their last membership payment was pasted to the framework of their entrance doors. Most people were already terrorised by what they had heard about the treatment meted out to dissenters of all kinds in the first concentration camps. Thus these "due" fees were paid very punctually. Moreover, they could be easily jacked up. Another aspect of this "small" detail, with about every tenth German a party member  - more actually, if one considers the number under- age people - and everyone of these being at least under the suspicion of being not only formally a member but a Nazi at heart, frank and public discussions between a considerable number of people became rather rare. The presence of these numerous party members, almost everywhere, tended to shut up dissenters and constituted part of the terror system. Naturally, there were other and less well advertised and really convinced or well paid informers. - The Hitler salute was a compulsory and "disarming" salute: Right arm raised shoulder high, hand flat, obviously neither holding a revolver or a grenade. And the throwing of bunches of flowers at Hitler or other Nazi bosses was strictly prohibited - because they might contain grenades. Nazis had well studied repressive methods, better than most libertarians have studied liberating ones! - Mere details, yes, but important ones, in a negative way! - J.Z., 12.2.03.)

 

   Marx says in his dissertation on "the Jew Question" (*) that Anti-Semitism is always connected with the prejudice that Jews are "masters of money". He said: Let us destroy the monopoly of money and Anti-Semitism is extinguished. I think, that here he was in the right. But how the money-monopoly could be destroyed, Marx never said.

(On the contrary, he wanted to make it worse via central banking and legal tender - in the hands of the "Diktatorship of the proletariat", that is, in his own hands, as another and very powerful means of power over the proletariat. - (*) I bought in the 50's, in East Berlin, a Reclam anthology of his writings containing that essay. The pages containing that essay were all blacked out! An example of Communist censorship of Marx, in East Berlin, under communist rule! - J.Z., 12.3.03.)

 

I often said to Zander (whom I believe to be no real Jew - - his ancestors may have been Spaniards): Call the system of the Four Bills "the Jewish system of providing money ", and the Jews in the whole world will be honoured as much as they are now in contempt. He took that into consideration, but as he was in London, he did nothing.

 

   "Anti- Semitism is the Socialism of Blockheads" (fools - Dummkoepfe - J.Z.) said Professor Sombart, a good economist. (He did not take the word in the sense of state-socialism or state-capitalism.)

(If I remember it right: "Anti-Semitism ist der Sozialismus der dummen Kerle."  - J.Z.)

 

   There you are very right: The history of the oppression of Jews (by Christians and race fanatics) is the blackest page of European history. When I heard Hitler's speeches on the radio, I often got the impression that humanity, which does not find out a means to stop that (him? - J.Z.), deserves no better fate than to be extinguished by one of the great catastrophes like that which killed off the Mammoth, the Ichthyosaurs and the others, now to be seen (as far as the bombs did not destroy them) in the museums.

-----------

 

  Concerning my reply to Drysdale' article, I see well that it cannot appear in the "Malthusian". I was already         more than surprised to find my letter printed in that paper and saw that English impartiality is no mere phrase. But.                 of course - - one cannot demand from the Malthusian that he propagate Anti-Malthusianism.

 

   To write a shorter letter on Mr. Drysdale's article will be difficult. Take my letter to your shelves. I am content if you find that some of the ideas (I am very pleased to have such a predecessor as Edwin Cannan - - I did not know it some weeks ago - - ) are not without foundation.

----------------

 

   Drysdale praises Bacon, Franklin, Jefferson and others, for their warnings about overpopulation. If England would have retained her small population at the time of Bacon, then she would have been conquered at least 300 years later by Ireland or earlier by France. Many pious Protestant Malthusians would then have become Catholics

and, for mere religious reasons, condemned Malthusianism. Malthus himself would probably not have been born.            It America would have retained her standard of population at the time when Franklin printed his warnings, it would today be inhabited by a mere 3 million people. Then some Indian tribe, after being better armed than it was at the time of Franklin, would have thrown the whole colony into the sea.

In the book "Plenty of People", by Warren S. Thompson, 1944, I find on the pages 233/235 valuable military considerations about Malthusianism. Thomson - - in general - - seems a Malthusian, does not know Cannan (in this case he certainly would have mentioned him) but is no blockhead. I found this book at the library of the American Information Centre.

--------------

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                               22. XI. 1949.

 

Dear Mr. Meulen,

 

it I would write all I thought reading the November-issue of the Word, it would become a letter no less voluminous than Word itself.

 

   Aldred is now 63 years old, as he states on page 13. Most men at that age will not change their views any more and I think that Aldred will not be an exception. That means here: Aldred will not be convinced that the money-question is the most important of all.

 

   It was in the year 1906, if my memory does not deceive me, that the "Temps Nouveaux" at Paris - - at that time  better than later - - sent a Questionnaire to all unions of workers, which inter alia contained these questions:

 

1.) Suppose, that in this year or in the next the social revolution breaks out, all cash disappears, as is usual in every revolution, all employers dismiss their workers and employees for lack of cash to pay them, all communities lack cash, then nobody pays taxes, what your you do at your place?

 

2.) Tramway-men - - how will you transport your comrades? They have no money!

 

3.) House-wife, how will you buy victuals? Your husband is out of work, wins victory at the barricade, but no money.

 

4.) Mason, will you continue to build? How will you get paid? Certainly, you will not build gratis. Etc.

 

   I was 24 years old when I read It. I read too, that the Temps Nouveaux had collected all answers and had made a book of them! May be, that Stock, Editeur, has printed it. He was at that time an expert for revolutionary literature. The Temps Nouveaux had said in an article, that many answers had been "valuable", but that the general impression had been: The workers had not sufficiently understood the importance of the problem. Aldred was 19 or 20 years old when the questionnaire was published. Very probably he does not know it.)

 

   Although I had no opportunity to get the questionnaire and the printed answers, the article of the Temps  Nouveaux has, perhaps, been for me what a spark is in the powder-barrel. I was fully convinced, that if these questions were not solved, then every social revolution must fail. It seemed to me as if I now understood better the history of revolutions and the failure of most of them.

 

   It required still many years before I got an idea clear enough to be of practical use. That a simple printing of State money must in every case lead to a kind of Jacobinism with its assignats-dirigism, I saw well, but I was no etatist, on the contrary.

 

   All classics, Bakunin, Kropotkin, Marx, etc. here gave no hints. Obviously, they had not seen the problem. Their program - - as bloody as it was - - was an "armchair-program", it had nothing to do with economy. At Tucker only I found at last some hints, how to procure means of payments it a society where, before, they lacked completely.     But Tucker, also, had not thought out a program to finance a revolution. Perhaps he had the program but had good reasons not to publish it.

(J.Z.: B. had finally a finished [when?] manuscript on this subject. Alas, it burned with his library in Berlin, in 1943, as a result of an air raid. A book with such a title might have become a best-seller in a semi-free country and would have been smuggled into most dictatorships and most of those already fighting them would have consulted such a work as well. - J.Z., 13.2.03.)

 

   For my present views I am much indebted to this questionnaire of 1906.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

   At page 15 Macfarlane says:

   "I believe quite thoroughly that membership of a party and acceptance of the party's principle is absolutely essential if political effectiveness is to result."

   That reminds me of an old law at Athens, given by Solon, who prescribed:

If there arises a civil war, the victorious party shall never take revenge but be content with its victory. But those, who remained neutral, shall be punished.

   I think there is much wisdom in that old law. In times where a civil war is to be expected, one should belong, to a party. That was, for me, the reason for joining the Independent Socialist Party in the year 1918, which some years later united with the old Social Democratic Party.

 

(He stayed with the SPD for over 50 years but finally resigned from it, when at last he did realize that it was almost impossible to discuss important subjects within party circles. I believe that I microfiche-published something on this from my collection of B.'s papers.  As territorialists all political parties are inevitably a part of the problem rather than the solution. As territorialists they become involved in party strife, revolutions, civil wars, international wars, and often lead to dictatorships and tyrannies. As exterritorialists and voluntaryists they could all peacefully coexist and remain neutral, towards the struggles of others in the same country, with each party or volunteer community doing its things to or for itself. However, if the others struggle mass murderously, like Muslims and Hindus in India, or different groups of Negroes in Rwanda, then there is something to be said even for very harsh police or military intervention to stop such slaughters, provided a rightful program is upheld for both groups, which would require full exterritorial autonomy for both, not just religious freedom for them. I wish that B. had discussed this topic very extensively with M. He had, with men like Werner Ackermann, probably also with Follin, and, maybe, others. For example, at least two arch lever files of his correspondence with Ackermann did also get burnt with B's library and when A. fled from Nazi Germany. Then he was, obviously, unable or unwilling to take all his correspondence with him. So many of the most important and still unpublished writings still got lost, even in our life-time! - J.Z., 12.2.03.)

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

   I find much in the "Word" about an organisation of the world's governments. I do not find hints for a constitutions that would let such a government appear as a progressive step. Being misgoverned by a world government, instead of by a "national" one and having civil wars instead of wars of the usual kind, means merely the changing of names. (UN, world federalism. - J.Z.)

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

   Is banking and the word banking in the mind of average men still connected with the right of issuing standardised means of payment? (He had asked that question before and, obviously, M. had not answered it. M. managed to ignore many of B.'s questions, ideas, arguments and statements, assuming that he know better! The minds of so many people are open on a few points of freedom and closed, at the same time, towards many other freedom options. - J.Z., 12.2.03.)

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

   Aldred now will try to become a M.P. It's his right to try it. But now (and then! - J.Z.) he will never have the time to enter into the details of any social reform. Also: If Aldred tries to say what he has to say in Parliament, people will, in the most favourable case, be astonished. Probably, they will laugh. The readers of the Word do take him serious. He should not have left his milieu.

   Aldred pledged himself to take L 5 per week only as income. The merit of such a pledge is no greater than that of a bird, who would pledge to clip his wings. If M.P.'s are endowed with a greater income than workers, it is - - it really seems that in some circles this is not yet realised - - because their expenses are so much greater, expenses which they cannot avoid. If a M.P. is pledged to spend no more than 5 L a week, then he must neglect his duty as a M.P. or be bribed. Political experiences, so many hundred years old, should be known to men who aspire to become M.P.'s.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

   Om Prakasha Kahol's article "Shriyuta Guy A. Aldred" confirms the old saying: "The Indian's worst enemy is the Indian." (As if Indians were not also very diverse people, perhaps even more diverse than e.g. Germans, Englishmen, Jews, Iraqi, Vietnamese, Chinese etc. - J.Z., 12.2.03.)

   Kahol mentions "the miseries of Hindus in Islamic countries." Is it prudence when here he does not enter into details? Details would at once reveal that the miseries have nothing to do with Islamic religion of the rulers, except only, that they prohibit to the pious Brahmans to burn their widows alive and that they permit butchers to kill cows. (I - - a vegetarian for decades, as far as I have the possibility to be one - - disapprove the killing of cows, but I think it has nothing to do with the miseries of the people, yet I know, from Indian writings, that Hindu really consider the "murdering" of their sacred cows as one of the Hindu miseries.)

 

   From a book "From Akbar to Auranzeb" (author forgotten) - - the book is burnt - - I learnt, that in the old Mogul State the Hindu were much better governed than in countries governed by Brahmans. They also had all religious freedom, except such as required the burning of widows alive, so that they had to do it secretly, what they often did. I can hardly believe that modern Mohammedans treat the Hindus worse than their ancestors did, since religious tolerance has always been a Mohammed political principle. (A wonderful invention of Mohammed: You want to keep your religion?? Well - - that costs you so and so much per head and per year - - generally a gold coin. At once the financial interest of the ruler was connected with religious tolerance.

 

Very faithfully yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                              23.11.1949.

 

Dear Mr. Meulen,

 

I read a little in Pagan Christs of Robertson.

A book from which very much is to be learnt and from which I took many details which until now were unknown to me. Of course: If one is much interested in religions - - as I am - - has occupied oneself with religion for many decades, then one is a rigorous critic.

 

   What I first missed in the book was a mentioning

a.) of Volney (Les Ruines, 1791),

b) of Dupuis (De l'origine de tous les cultes, 1795),

c.) of Bastian, many writings, about 1870.

 

(I once saw a catalog of an English book dealer specialising on atheist etc. literature. Its catalog was so extensive - containing hundreds to thousands of titles, that I thought by myself: Even with microfiching, I could reproduce only a tiny fragment of scarce old tracts of this kind. So I will not even try. Any author of this kind will probably have read only a fraction of all this literature. Thus B. should not have been too surprised when in Robertson's book some of B.'s favourite titles were not reviewed or even mentioned. All-over, the extensive atheist, agnostic, deist etc. propaganda has had not much or not enough effect over the last 200 years. All too many religions still flourish and all too many of them are still intolerant. We still live in a world that has several religious wars or civil wars at the same time, with at least fanatics of opposing religions being murderously engaged and, as usual, all too many innocents being murdered. If they only wiped themselves out, sparing their kids, I for one would not weep for them. Progress consists largely in many ordinary people growing up without any religious inclination and commitment and, mostly, do get away with it. And they are not turned into dangerous monsters thereby but, behave, on the whole, at least as good, if not better, than most religious people do. At least none of them has any religious motive to commit wrongs against other people or to do them any harm. But I do concede, that e.g., orthodox Chinese and orthodox Jews have what is probably the lowest rate of juvenile delinquents among them. So there is at least something good about these religions. - J.Z., 13.2.03.)

 

   Volney was perhaps the first, who explained that the forms of early and modern religions are very essentially framed by old astrology and even of astronomy, Christian no less than Jewish and Indian. He explained, too, that the content of old and modern religion was essentially magic, that is, the art by ceremonies, prayers, etc. to win influence on destiny, gods, spirits, etc.

 

   Dupuis still more worked out the influence of astrology and gave most interesting and important details.

 

   Bastian showed that the same social and economic conditions are always related with the same religion. Both are a unity. The one cannot be changed without changing the other. It is a ""half-truth to say, that the religion of a group was framed by its economic conditions. It must also be said, that religion framed the social conditions. Little differences must not be taken too serious, so that in one community a victim is really eaten up, in honour of a god, or to please him, and in another community the victim is replaced by a cake, sometimes in the form of a man, sometimes in form of a sheep and sometimes simply in the shape of a round host.

Bastian showed, too, that if a Europe and at a distant Polynesian island the same religion prevailed (in the eyes of an ethnologist the same, not in those of missionaries) then one must not believe that in old times there has been an emigration. The same external conditions are for men of the same kind connected with the same religion, details as resurrection of gods, sacrificing gods, etc. included.

 

   On his voyages Bastian collected an immense material.

--------------

  

   To me it seems that until now the influence of philosophy and science upon religion has not yet been sufficiently investigated, also not by Robertson. My impression is that in all societies of a certain state of culture and civilisation, there are individuals that do not believe in the popular religion but are religious reformers. Mostly, they are social and economic reformers too. Many of them seem to adhere to the old religion, so Franklin, who probably himself believed to be a pious Christian. But really the religion of reformers is always different from the religion of the people. If Franklin would have lived 50 years later, when the slave question played a greater role than at his time, he would have become an abolitionist, and abolitionists were - - quite rightly so - - considered to be 100 % heretics by the pious Protestants of the South, most Negroes included. On the other hand, there were many abolitionists - - John Brown and others - - who considered the Protestants of the South as heathens, misusing Christian principles. Franklin would have belonged to the latter party and would have written a book in which he would have explained the complete diversity of the two American Religions.

----------------------

 

   In a book that appeared 20 or 30 years ago, a French author described how the religion of the French changed essentially after the great revolution, also in Catholic circles, which had maintained Catholicism under risk of life in the years of the terror. All forms were retained, but the contents changed very much. The latter cannot be easily  detected, since in the eyes of the contemporaries it seemed merely to be an increasing religious indifference. They confounded - - as usual - - Church and Religion. To what degree Catholicism really changed is proven by the American Institutes of the Jesuits for Investigations in evolution-theory. Their labours are acknowledged as very good.

(But in six USA States it is prohibited to teach or to defend at public schools or universities Darwin's or Spencer's theories.)

And the forms of Jesuitism are still the same as at the time of Loyola.

 

   At the Carnegie Library of New York I found, in the year 1911 a book: "The religion of a gentleman - - a very good book - - in which the author tried to detect the real religion of a gentleman under the different forms or faiths of our time.

--------------

 

   We agree that e.g. the religion of a market-maid in Cologne and a market-maid in old Rome - - heathen-time -  - were and are essentially the same. Perhaps friends of antiquity will pretend, that the old religion - - as far as market-maidens are concerned, was better than the modern. May be that they are in the right, although I am inclined to think that the taste for bloody circus-plays has diminished a little.

---------------

 

   We know little of the real religion of old reformers.

It may be that they were more similar to ours than many assume. The verse in Psalms 14 and 53 prove, that the national demon, 3,000 years ago, was no longer revered by many who, perhaps were reformers.

--------------

 

   Robertson does not say much of the life of Jesus, but more of his "resurrection" and other dogmas. Many details of Jesus' life are much too human-like as to allow us to ascribe them to myths taken from pagan traditions. I think that the crucifixion was no sacrifice or, more exactly spoken, a self-sacrifice, or - - if one will insist it was - - then no more so than the self-sacrifice of Nihilists and Anarchists some decades ago.

If the crucifixion is no longer taken as a sacrifice to reconcile an angry God, then it cannot any more be set into a parallel with the sacrifices of men in old rites and modern Hindu rites.

----------------

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                  24.11.1949.  My letter of yesterday

 

Dear Mr. Meulen,

 

let me add, to my letter of 23. cr., that I - -  of course - - admit that the churches interpreted the crucifixion as if it was a sacrifice to reconcile "God". But I think, that such an interpretation should not prevent historians from acknowledging the crucifixion as a historical fact, if it is sufficiently certified, or to ascribe to the reports a probability of truth according to their historical merit. Here differences of opinion are unavoidable. I understand it well if a historian says: A book in which resurrections from death are reported is for me no reason not to investigate the realty of other stories reported in the same book or to ascribe the stories a degree of probability. And yet, I thing: Although Homer reports many impossible things, historians are inclined to believe that some of his stories are true. If - - to give an example - - Homer reports of his hero Achilles such a low character as is displayed by the dishonouring of the dead Hector, one may take it for truth. Such things are not invented by benevolent glorifiers. The historian may take it for truth, although, together with the same story, Homer reports that the goddess Aphrodite, by a magic liquid, prevented the corpse of Hector from being torn.

 

   I am inclined to ascribe a probability of about 99 % to the report of crucifixion and a smaller probability to the details reported, although to most of them a probability of more than 50 %. That there are clear contradictions does not reduce the probability to zero, as is the case with the "vinegar mixed with gall." (Matt. 27, 34) - which is in contradiction to Mark. 15, 23, where is spoken of wine mingled with myrrh. I think it is more than 50 % probable that a narcotic was offered to Jesus.

 

Jesus' last words: "Eloi, Eloi, lama sabachthani" are certainly not words ascribed by a myth-reporter to a god, entering into his heavenly kingdom. They are words of a despairing man overwhelmed by his sufferings. I am inclined to believe that these words have really been spoken. (Probability of 95 %, I think.)

------------------

   Gibbon says: The Christians after Constantine expressed to the heathens their contempt that they were never  ready to die for their religion, as so many Christians were. (Gibbon estimates for the whole Roman Empire about 2,000 - - which I think to be a too small number - - but in any case the Nazis and the Inquisition produced for their religion more victims than Nero and his successors.) A man, who is very far from the idea of dying for his religion, is not so far from giving up this religion for great advantages or in cases of great danger. So, very probably the Roman priests thought, when the Roman emperors had accepted Christendom. I think, that they were even among  the first to become Christians, to change the temples into churches and to keep their jobs. And they - - I assume - - were those who brought the many pagan elements into Christianity, so many that today it is impossible to find out, what, originally, have been the teaching of Jesus. They certainly were supported by the great number of "fidels", who, too, became Christians for very practical reasons and were quite content to find in the new religion nothing was changed than the names.                      

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                  26. 11. 1949.

 

To the Editor of the Times,

                      

   Sir, - what Mr. Henry Meulen, in his letter published in your issue of 16.11.49, recommended for England, viz. a repeal of the laws now guaranteeing to a single institute a monopoly for supplying the country with means of payment, would be at least of the same beneficial effect for Germany.

At the time when the laws concerning Central Banks were issued, they were meant as laws concerning paper money only, while coins were considered as the normal currency.

 

(J.Z.: For paper money with legal tender, not only should the issue be restricted to a monopolist but no one should be authorised to issue any of it. Legal tender for any exchange media should apply ONLY towards their issuers. Towards all others it should be optional and discountable, regardless of what medium is used for it, paper, metal, plastic, electronic communications etc. - J.Z., 13.2.03.)

 

As long as every goldmine contributed to supply the country with means of payment, these laws created no monopoly.

 

(J.Z.: It did, for means of payment that were printed on paper and in the usual denominations and standardised way.

 Not an absolute monopoly, indeed, for all means of payment, but only for these very important ones. - J.Z., 13.2.03.)

 

The monopoly arose at the moment when gold coins were no longer in circulation. (I think that he should have mentioned silver and copper coins as well. - J.Z., 13.2.03.)

 

Experience shows now, that the flow of money from a monopolistic centre to the individual obeys different economic laws from those by which buying and selling brought coins from one individual to another.

For instance: Several months after the first issue of fresh notes in this year in Germany, most employers found difficulties in getting cash to pay wages with. For many of them these difficulties are still far from having been removed and an economically quite unnecessary degree of unemployment was and still is caused by these difficulties.

 

(J.Z.: I doubt that one should concede the idea of "economically necessary unemployment" in any way except when it refers to people who are only employed under legal compulsion, although incompetent or compulsorily paid above the market rate of wages for their skills and efforts. In a real economy such people should not and would not be employed in these jobs and at these wages. Such employment is not economically necessary and it is rather economically necessary to end it, and to that extent, their unemployment, regarding such jobs, is "economically necessary". At least at present I cannot think of other examples. - J.Z., 13.2.03.)

 

   The idea of a monetary reform in German may be extended so that Germany as well as England would get very great and immediate advantages, not the least being, that every import from Germany to England would enforce an export from England for exactly the imported amount. Thus the greatest import could never cause unemployment n England.

The means would be the following: Imports from Germany to England are to be paid by English firms with certificates stating:

 

"This certificate will be accepted by the firm ………  for the value of  ………… (Pounds, Dollars, Marks, as circumstances may require) in its business, from the bearer, in payment for goods bought from the firm, for debts with the firm or services rendered by the firm."

 

Technical details, as to the numbering of the certificates and their subdivision into appropriate amounts (say, L 10 each) cannot be dealt with here.

For England the advantage would be that, by using such certificates, the danger of unemployment through imports would be removed.

For both countries it would bring the advantage that the procuring of foreign exchange would no longer be a problem, insofar as their mutual trade is concerned.

 

   Discounting certificates based on the - - by no means new - - "acceptance principle" would be easy under a system of Free Banking, that is, a system of free issue of notes without cours forcé. Under the present banking system it would be difficult and perhaps impossible.

 

I am, Sir, yours faithfully - signed: U. v. Beckerath, ….

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                  26. 11. 1949.  Your letter of 16. 11.

 

Dear Mr. Meulen,

 

here enclosed you receive a copy of my letter to the Editor of the Times.

------------

   From the Economist I learn that the amount of outstanding notes in Great Britain is now about 1,300,000,000 L. Suppose, today the Bank of England would be closed and Free Banking would supply Great Britain with currency.

Let us further suppose, that then, also, the amount of outstanding notes would be about 1,300 M. L.

Let us further suppose, that in future long-term credits would no longer be provided in the now usual way but by note-issuing of Free Banks. Of course, then the amount of 1,300 M. would gradually be increased. Is there a limit, expressible in numbers, to what the amount of outstanding notes may be increased and - - if it be so - - what is the limit. How shall further long-term credits be provided, if that limit is attained?

-----------

   The selling price of gold of the Bank of England is now 252 shillings per ounce troy. The value of the now circulating currency is correspondingly:

 

       20     x 1,300,000,000   =  103,412,000 ounces gold.  That is, per capita, about 2 ounces fine gold.             

      252

 

   In the year 1926 the amount of outstanding notes was about 170 Million L or:

 

       170 : 45 = 3.8 L per capital

  

   At that time the price per ounce of gold being = 84.82 Shill., the value in ounces per capita was:

 

       3.8  x 20  :  84.82 = 0.9 ounces.

 

   The latter seems normal for England. If the ounce-value of the outstanding notes is too high, there exists a tendency to devaluate the money unit. I think that there exists in England still such a tendency, although it may not be known to economists or to the government.

 

   At the inflation time, I supposed an amount of gold as normal and when the amount of paper money divided by the quotation of the Dollar surpassed the normal amount, I expected a depreciation. The procedure very seldom failed.

 

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                                  27. 11. 1949.

 

Dear Mr. Meulen,

 

that in Berlin the food supply is now really better than it has been, you may learn from the here enclosed leaflet, where the Heumann-Society recommends its slimming pills. Some months ago very few women would have needed such pills. Now they want them. (You know that exaggerated slenderness is not a defect of German women, at least not of 90 % of them.)

------------------

 

Rittershausen sends me a pamphlet "The question of a free gold market", by Walter Spahr, Professor of economics, New York Un.

From caption and contents is to be seen that the words "Free Gold Market" in the USA still are used in their former sense, which includes a bullion market.

 

Spahr is an adversary of a free gold market. At page 9 he says:

   "Just what is to be gained by purchasing this gold in its natural state and at a price above 35 dollars is not clear."

 

For this professor it is not clear (but I am inclined to believe, that he is not so blocked as he represents himself in that pamphlet), to all others it is. A quite unscientific girl would reply: "To be gained is, for the seller, the difference between 35 dollars and the selling price. For the buyer is to be gained the safety of being protected against further depreciations of the paper dollar."

 

Clear is, too, that the professor is an etatist (statist - J.Z.) and does not acknowledge men's natural monetary rights and probably has no notion of the existence of such rights. More than 90 % of all professors at all universities in all countries are now statists.

Etatism says: What, buying and selling???!!! These are privileges of free men. For subjects like you, apportionment (allocation, rationing - J.Z.) is the right thing. And if he dares not yet to speak so today, then he will speak so tomorrow.

-----------------

 

You know J. G. Fichte as a liberal and logical thinker. But Fichte also wrote a plan for a totalitarian State (which he honestly believed to be the most liberal and practically possible State), in which he came quite logically to totalitarianism, merely by starting from the doctrine that prices must be watched and, eventually prescribed, because the market has obviously been unable to supply the people sufficiently.

 

If anyone does not believe in monetary freedom, e.g., denies the right of individuals to offer their goods and labour to others in the form of notes, with which he pays and which he accepts in payments to himself at par, or if he denies the individual' right to choose any basis of value to price his goods by it and goods of others, too (goods and services), then the inconsequent (inconsistent, dogmatist? - J.Z.) is inevitably led to modern plan-despotism. Fichte's book, printed in 1800, is named: "Der geschlossene Handelsstaat? (The closed trading State? - J.Z.)

I know that it has been translated into English.

-----------------

Very faithfully yours signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                              10.12.1949.

 

Dear  Mr. Meulen,

 

Turgenev's book is probably that which in English translation was called "Virgin Soil". The German translators

gave it a different title: "Die neue Generation" and "Neuland", the latter corresponding pretty well to "Virgin Soil."

----------------

 

   Christianity. When I was a boy, I knew two old ladies - - sisters - - who saw Jesus Christ in every corner. No doubt, that they really saw him, and if one of the sisters did not see Jesus Christ there, where the other saw him, the  latter demanded of her so long: "Do you not yet see him?? I see him quite distinctly!! Oh, look again!!!" - until the other also saw him. If they would have lived in the pious USA, there would have come into being a new sect, whose leaders or prophets would have become the two sisters. But some centuries later, when, perhaps, this new sect would have become a State religion, the Free Thinkers would, have found that this religion must have originated from old myths and would have proven it. That would, in every case, have been easy, but not correct.

 

   Religions are of very different origins, inter alia:

 

1.) Some chieftain or a great robber or an emperor became a god. Examples are well known and perhaps you know more than I.

 

2.) Myths are transformed into religions. That case happened very frequently and Robertson, in "Pagan Christs" reports enough examples.

 

3.) Some people get revelations, apparitions, heard voices, began dancing and singing at unfit occasions and prophesied the end of the world.

 

No. 3 happened frequently in the USA.  Some decades ago, when the revivals were more in fashion than today, such things happened several times a year. When I was in New York, 1910 and 1911, there arose two new sects, the one provided with much money. When the leader of one of the sects was prosecuted for some swindle, his followers simply stated, that "Satan has attacked us and much additional spiritual work and many sacrifices are needed."

 

   Now, what is reported in the last chapters of the Evangeles? Several women, among them Mary of Magdala, who formerly was possessed of seven devils (Lukes, VIII, 2) and whom no court in England or Germany would have admitted as a witness, had an apparition at the grave of Jesus, heard an angel talk and talked to him. She reported what she saw and heard to some disciples of Christ. These were men who understood little of Christ's moral prescriptions but hoped that he would begin a temporal sedition (Acts I, 6) and were, by this, also susceptible to apparitions and revelations. They spoke to Christ, saw him disappear, heard, in connection with that talk, two angels (Acts I, 10, 11) so that today such people also would not be admitted as witnesses in any court. But all these apparitions became the real foundation of Christianity. Saint Paul took the reports of these apparitions as the most important part of the new religion. (I. Corinthians XV, 19)

Whether the moral prescriptions of Christ were at that time already known, is dubious, the Evangiles being written probably long after Christ's death (but - - I think, not after the destruction of Jerusalem by Titus. In the Evangiles several streets and spots of Jerusalem are mentioned, as still existing, although they were certainly destroyed in the year 70 by the Roman legions. Josephus reports that Jerusalem's destruction was quite complete -- and that the town was deserted for long time. If the Evangiles had been written after 70, the author would not have said the spots still are so called but: they were so called.).

 

   So I share the standpoint of many Free Thinkers that the real foundations of Christianity - - the historical - - have not been myths but apparitions, quite in the same way as they still today in America, in Europe and in Asia religions come into being. I agree with you, that if the emperor Constantine would not have made Christianity  his State religion, it would long have disappeared, as most other religions of a similar origin have disappeared. On the other hand, it may be true what many historians say: New religions which introduced new and complicated ceremonies get a chance to live long, and Christianity introduced many new ceremonies/

 

   My opinion is that the life of Jesus Christ, his doctrines and morals, should be considered quite apart from historical Christianity. It may be, that in the reports of Jesus Christ's life some myths were introduced, just as certainly as many fables were introduced. But much of his life and, especially, the story of his death seems to me to be true. If it would be invented, then the inventor would have invented things more to the glory of their hero.

 

   Although Jesus Christ in general seems not to have been superstitious, in some details he shared the superstition of his time.

 

   1.) One of the superstitious habits of the time was: not to pronounce words with a "bad" meaning. If another had pronounced such words and demanded a confirmation, one answered "thou sayest it", of which there are many examples in the Evangiles. This superstition seems to have prevailed in all antiquity. It is known that Greek commanders avoided to pronounce the word "left" when they were at the head of troops. (Well drilled soldiers might have perceived that as the command: "Turn left!" and would have suddenly all turned to the left! - J.Z., 13.2.03.)

 

2.) Another superstition was that the scriptures contained a secret sense beside their "normal" sense and that future events were secretly announced in certain words of the holy scriptures. Such a secret sense was also ascribed to passages whose sense was quite clear, such as II Moses, XII, 46 and IV Moses, IX, 12 (… neither shall ye break a  bone thereof. … nor break any bone of it and Ev. St. John, 19, 36.) Jesus Christ believed that many of the passages of the old books spoke - - the secret sense taken into consideration - - of him, which, obviously, was an astonishing kind of superstition. (Rather: Self-delusion? - J.Z.) No myth of antiquity offers an analogy to that kind of superstition.

(Edgar Allan Poe reveals the manner in which many think, of a secret sense in old scriptures, in his novel: "The Fall of the House of Usher."

-----------------

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath,                                                                                           12.12.1949.

 

Dear Mr. Meulen,

 

today no more than a acknowledgement of having received numerous things by, your kindness, in  the last two weeks.

 

1.) your letters of 29.11. and 30.11., both received 2.12., together, although that of 29.11. was sent by Air-Mail.

2.) very much printed matter,

a.)  those of Guy A. Aldred,

I.)        Socialism and the pope,

II.)      The rebel and his disciples,

III.)     Letters to the editor,

IV.)     Historical and traditional Christianity,

V.)      Studies in Communism,

VI.)     Pioneers of Anti-Parliamentarism,

VII.)    Dogmas discarded, two parts,

VIII.)  Bakunin,

IX. )    Socialism and Parliament,

X.)      The devil's chaplain,

XI.)     A call to manhood,

XII.)    Communism.

 

b.) those of the Duke of Bedford.

 

I.)         Are Britons mad?

II.)       The absurdity of  the National Debt,

III.)      The Financiers' Little Game,

 

a) papers,

 

I.)         City Press, 28. 10., 11.11., 18.11.,

II.)        National News-Letter of 20.10.49.,

III.)      Truth of 11.11. and 18.11.,

IV.)      Economist of 19.11.

 

3.)  A parcel with coffee, sugar and tea in such a quantity that through the greatest intemperance in all three - -  which is in my nature - - I certainly will have enough of it for the whole winter and a long time after.

(Am I responsible for that intemperance?? Your theory, Individualist, Dec. 1949, page 42. says: yes! But I prefer Kant's and Schopenhauer's theories, which are more honourable for me and absolve me.)

 

4.)  Individualist of December 1949,

 

5.)  A very interesting clipping from the Times of 1.12.49. "Separatism in Bavaria". The assertion of the Dr. Fischbacher: "A Bavarian who marries a Prussian girl was committing "Blutschande" will give abroad the impression that political unity is not the most urgent thing in Germany. The impression is right.

(Personally I was always a Federalist in the sense in which Proudhon used the word in his "Du principe fédératif.")

 

   In my next letter I hope to say something about the matters on which I could not write to you for so long.

 

   How can I thank you??

 

Very faithfully Yours - signed: U. v. Beckerath.

___________________________________________________________________________________________

 

U. v. Beckerath, …                                                     20. 12. 1949.  Your letter of 17. 12. 49, received today.

 

Dear Mr. Meulen,

 

the radio-lady, my neighbour in the chamber besides mine, has received a visit and therefore stopped her radio. That gives me the possibility to write to you some words. There are days where that lady takes from me 5 hours or more. Though there are legal prescriptions, anyone in Germany has practically the right to kill every thought in his vicinity by radio (noise - J.Z.). I think, 9/10 of the people are of a mentality to use this right. That the percentage in other nations is hardly less is a bad consolation. (Why didn't he use ear-plugs? They can be rather effective! - J.Z.) Radio is an invention like concentration camps and atomic bombs. The race that invented them and uses them will one day be extinguished by nature herself, like Ichthyosaurs and similar creatures were, which nature herself must have considered as a blunder. You see, I do not esteem the Germans more than other people, but perhaps you may have thought, that I did.

---------------------

 

   I have to thank you for much interesting printed matter.

Some days ago I received:

1.) The "Individualist, December-Issue. You mention me 4 times. I appreciate the honour, not to speak of the pleasure. I hope to write to you about some details of that issue.

 

2.) The Scots Independent, December issue. If your article does not completely change the monetary views of that party, then I do regret the existence of that party.

The least of what an impartial reader must expect is that a great number of people demand lectures from you about the Free Banking System. What the Editor writes about the different injuries to Scotland by English Banks,  Financial Boards, etc. is not as convincing as the author may think. Firstly, the details given by the editor seem not of very great importance. Probably there are other details which lets one expect that there are also channels by which money flows from England to Scotland. To get a clear insight, one must have a good statistics, which in such things is impossible.

 

   A detailed plan how to aid building in Scotland by Free Banking would win many people. A principle of advertising experts is - - you know it - - "Detaillieren heisst interessieren." - in German - - in English perhaps:

"Giving details arouses interest."     

(The lady switched her radio on again.)

(Are excessively noisy people still ladies and gentlemen? - J.Z., 2.6.03.)

 

3.) National News-Letter of 3.11.49. Interesting what Stephen King-Hall reports of the views of Germans about the dismantling. You know that I see these things from a very different point of view. The Russian army in the East of the Elbe is for me the main factor. This army consists - - conservatively estimated - - of about 2 1/2 million of men. If England and America do not range the same number at the West of the Elbe, they do neglect a fundamental military rule and achieve nothing than that their small army, now occupying Western Germany, will be taken prisoner in a few hours, if the war should break out. (Which does not depend of Stalin, but - - as the Chinese- Japanese wars teach - - upon some generals, quite unknown before. The last war was begun by the chief of the 19th  Chinese Army at Peking. Once the war has begun, no order of the central government can stop it.)

 

   If there are 2 1/2 million English and American Soldiers in the Western Zone, then, of course, every misuse of factories is impossible, if the soldiers and their officers do not sleep the whole day, the word taken quite literally. The best would even be to open again the old ammunition factories, occupy them by English or American workers and let them produce ammunition. Such a regulation would also be the relatively best for Germany herself. If G. would be occupied by the Russians (again that collective and misleading term for subjects of a tyrannical empire that subjugated not only "the" Russian people - also very diverse, but over 100 other ethnic groups, not to speak of all the other groups. - J.Z., 13.2.03.) she would suffer the fate which Russia suffered herself for several centuries after the Mongol invasions. ( I believe the effects of this invasion are still to be felt, especially concerning the mentality of the people - - yielding to every political pressure, if it is exercised with sufficient cruelty.) (Not exactly a "Russian" characteristic only! There were actually xyz uprisings against the Soviet regime. Alas, they were not libertarian ones, guided by a genuine liberation program. - J.Z., 13.2.03.)

 

4.) The Economist of 19.11.49.

5.) Truth of 11.11. & 18.11.49.

6.) City Press of 28.10., 11.11. & 18.11.

7.) National News-Letter of 20.10. & 1.12.49.

In the issue of 1.12. King-Hall states that something must be done to militarily defend Germany.

 

(J.Z.: Rather, to secure it in a libertarian way. The mere military one only leads to more massive mutual slaughters and loss of liberty and wealth on all sides. It does not liberate anyone and does not even protect conventional and limited liberties sufficiently. Compare the current restrictions on freedom in the USA, even before the war against Iraq [rather than a commando raid against Saddam Hussein], has begun. - J.Z., 13.2.03.)

 

He is one of the few who sees the things. I do agree with him, that it is, at the moment - - not so important that German soldiers are accepted for the new Allied Army. But that the army itself is quickly organised, that is important.

 

8.) Truth of 25.11. and 2.12.: Truth of 25.11. speaks of  "Israeli Nazis". Truth is right. Z a n d e r wrote an excellent book about a peace between Arabs and Israelis - - quite in vain of course - - Nationalism always wins in similar situations. Nationalism can only be persuaded by brutal force, and one day Israel will meet that force and become a little province of a mighty State - - Persia, Russia, any other, and perhaps a new Babylonian Captivity will be organised by the ruler of that State. There was only one good reason to create that State Israel: Giving Free Banking a chance. Israel did not, but imitated all monetary atrocities of the Western world. It has no moral right any more to exist as a State.

 

(J.Z.: No territorial State has the right to exist as a territorial State! Neither B. nor Z. did then and there try to establish an exterritorial nationalism, one that would at the same time have provided full exterritorial autonomy for all racial, ethnic, cultural, religious, ideological communities of volunteers, which would have made their peaceful coexistence possible and would have tended to rapidly advance all of them, in peaceful competition with each other. In my one talk with Zander, he asserted that B. had neglected the "community" aspects of human beings. Certainly, sometimes, in letters like this one, he did. But in others he stressed the voluntary and personal law aspects, starting with individual secessionism and voluntary associationism. But too often even B. slipped back into terms, conditions and visions of territorialists only, who have "painted themselves" - and all others - "into a corner" in the worst possible way" and are not even away how they have done this and how they could have avoided it. - Seeing the personal law traditions of Arabs, Jews and Christians in that area, Israel could have re-established and expanded them - and thus achieved peace and prosperity for all in that are. Elsewhere B. had stated that he had no better expectations for Jews regarding monetary freedom than for other people. - J.Z., 13.2.03.)

 

Truth is an excellent paper. I hope to write more about it in one of my next letters.

 

9.) City Press of 2.12.49.  S. W. Alexander reports on the agitation of a small group (the mass of the people does not care about it) to restore the gold standard in that sense, that government should promise to convert, upon demand, the circulating paper money into gold coins.

All terrors of the redemption standard would be renewed. Old Hegel was right when he said (he died in 1831.): "history teaches nothing but that people do not learn anything from it."

The worst of the new gold-agitators is the professor Spahr (always the professors); Rittershausen sent me some pamphlets of him.

 

10.) Economist of 3.12. 49.  Contains a very able critique of Schacht's new book. I bought the book. Schacht does not conceive Free Banking and has not the least idea of it. The cell in his brain are lacking, as in the brains of most contemporaries. I hope to write still something about that book. That Schacht will "cover" his new paper money by the gold buried in Fort Knox you have read. When Goethe, in his Faust, let the devil Mephisto create a paper money "covered" by still to be found gold treasures, in the empire, it was a good joke and it is economically quite the same as Schacht's proposal.

 

11.) A new pamphlet by Drysdale, Supplement to "The Malthusian", issue of November 1949.  If Malthus' contemporaries would have followed his suggestions, Stalin could tomorrow occupy England (a little more than 10 millions) without having to mobilise his (whole? - J.Z.) army.

-------------

 

12.) Mosley's "Union". A nazi would have used M.s arguments. They are very stupid but -- for this very reason - - seductive. In Germany we experienced that. I myself would not have believed, before 1933, that the stupidity of arguments could be a political asset of such importance.

--------------

   I hope to write about much of the papers' content. At the moment the time is lacking.

--------------

 

   I expect "Liberty", with many thanks beforehand. I think that the issues of "Liberty" belong to the most important events of the 19th century. One day the issues will be collected and form a new kind of Bible, which will find its commentaries and translators and produce real good (benefits? services? advantages? - J.Z., 13.2.03.) which the Jewish + Christian Bible - - here we fully agree - - certainly did not.

---------------

 

   I also expect "Individualist Anarchism", which I do not yet know.

---------------

 

   Letter of "News Values". Your question. Today the liberty of press is again pretty great, and there are dozens of papers which would print a letter such as that of Maj.-Gen. J. N. Slater. Also one must say that Germans, since about a year - when the liberty of press was much increased - - use that liberty. I am a subscriber of the Berlin Paper "Der Tagesspiegel", which is pretty impartial. (Not enough to ever publish a letter to the editor by B.!)

At the time, when the leaders of the Social Democratic Party - - with few exceptions - - were ready to pass to the "Sozialistische Einheits-Partei" (Socialist United Party), the Tagesspiegel, although by no means a social- democratic paper, opened its columns to the then small minority of the old Social-Democratic Party and so contributed much to create a Social-Democratic Party on a new basis. Also the minority won time to create a new daily of its own (very difficult at that period) and, in the interval it was able to speak to its adherents. That a paper opened its columns to another party, of which it was no friend (although not in very strong opposition, either) is a rare thing, but it happened here, in Berlin.

 

   In many papers I find now proof of much independence of thought. That will still improve further, if the supply of paper will improve. What I miss is the same what you miss in England: Interest for questions of Free Banking.

 

Now practically every political standpoint can be expressed in the press and I do think the ideas existing in the brains are expressed excepted those of such outsiders as I am.

-----------------

   Very interesting Sir John Boyd-Orr's figures. It seems that this author completely changed his views - - very honourable for him. My impression is: the real situation: How to sell the victuals??? begins to become known. If  the world's population does not increase very quickly and very considerably, then it will be confronted by an agrarian crisis no less evil than 70 years ago. Even Drysdale seems now to estimate the possible maximum of the world's  population at 6,000 millions, a number which he quotes from Whitaker's Almanac, 1940, page 226, obviously accepting it as a good estimate. (The optimum population - - the word taken in the sense of Prof. Cannan - may be less than 6,000 millions. One must take into consideration that if the Earth's whole present population - - about 2 1/4 thousand millions - - would be drowned in the little Sea of Constance, this sea would increase its level for about a yard and some inches only. Such a small quantity of living matter can easily be nourished by the plants of the rest of the Earth and the fish in the oceans.

 

(J.Z.: I made once a similar comparison but did not check its accuracy: If all the living substance of all people on earth were smeared evenly and quite flat, as a film over all the land's surface, assuming it to be flat, then this would be a very thin film indeed. We take the sheer biological "mass" of all people far too serious and greatly over-estimate it. Obviously, the total of all plants constitutes a much larger volume. Perhaps someone will bother to calculate the approximate thickness of that "film" now, for ca. 6,000 million people, excepting only Antarctica and high mountain areas and lakes, rivers and housing blocks, road surfaces etc? And maybe that person would also be so kind as to e-mail me his findings? An estimate of the thickness of the "film" that could be provided by all the other "bio-mass" on Earth, perhaps separately for land and sea, might also be helpful as a comparison. Maybe such information is already available on the Internet somewhere? - J.Z., 13.2.03.)

----------------

 

   Lucas-Plan of profit-sharing. I must confess that I am no friend of profit-sharing. Profit is essentially a result of the employer's activity, has much to do with prices, selling ability, etc., which is all quite outside the sphere of the workers. Also the workers themselves do not like profit-sharing, and if the profit, 2 times distributed, lacks in the third year, they show distrust. A far better system is to interest the workers in reducing management costs, as was introduced at gasworks for decades. It is much more effective for workers and saves great quantities of raw materials, tools and time. An acquaintance of mine saw this system at a lithographic work-shop at Grenoble. An apprentice dropped one of the great lithographic plates, which broke. The apprentice got beaten, because in the work conditions it was stated that if the expense for these plates exceeded a certain amount, then they were to be covered by the workers. The difference of this amount and the real expense for the plates was paid to the workers, if less. The old Prussian railway administration had a similar system. There was a certain amount of coal fixed for each ton-kilometre. If the engine-driver burnt less, he got a percentage. At the same time, he got a premium for punctual arrival - The system worked well. In all these cases the avoidance of unnecessary costs is quite in the sphere of the workers.

 

   Another thing is creating factory savings banks. A pound applied in a factory may well produce 15 % as in the example of Lucas. If it would not be so, the factory could not pay for industrial loans, granted by banks, 6 % p. a.  and more. If the factory pays to workers, who save with the factory, the amount really produced, it is an advantage for both - - greater for the workers than for the employer. 10 pounds a year, saved for a period of 30 years, interest 15 % p.a., produces exactly 5,000 pounds, a number, which I take from Spitzer's Compound Interest Tables. Saving with the factory is so far better than "Social Insurance", that it would be violently demanded by the workers it they would know its possibilities. The savings could be protected by the factory against a devaluation. Social Insurance funds cannot. (At least in Germany it was not seriously tried to introduce value-preserving clauses for their investments. "Investments" in the State's "insecurities" goes on an on! - J.Z., 13.2.03.) It seems: Lucas made a good start. This beginning could easily be improved. He wants an adviser like old Rowntree has been.

 

(Factory Savings Banks, outlawed in Germany from about 1927, if my memory does not deceive me, upon the insistence of the bank lobby, would not only offer old age savings and security advantages. After some years, certainly after some decades, the workers could transform their saving deposits there into shares in their firm or could become majority shareholders or cooperative owners of their firm. Another natural development that was legally blocked although it could have ended the anti-industrial warfare between employers and employees. I suppose the legal situation in other countries does not favour such savings opportunities, either, seeing that in most countries the existing savings banks have privileged positions, i.e., are protected from competition, which today, in Australia, permits them to pay sometimes ridiculously low interest rates while charging their debtors high ones. - Under government and union management, I fear that the present firm by firm super-annuation fund arrangements, always subject to more and more legal intervention and taxation, will not develop in this direction. - What is right, economically possible and desirable - is all too often outlawed or over-regulated and thus more or less destroyed. J.Z., 13.2.03.)

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   My impression of the Aldred pamphlets is now no longer as good as it was at first. Nevertheless, the pamphlets are psychologically very interesting. They prove that these people have no program, which is a serious thing. It leads to Sovietism in times of revolution. (Example: Kropotkin, who believed himself to be an anarchist and at the end of life agreed with the Soviets.)

(J.Z.: While he moved to Russia, in his last years (before the Soviets had engaged in their counter-revolution!) -according to other informants, he was soon disappointed by the Soviet regime but had no longer an opportunity or the strength to protest. He might even have died prematurely, due to cold and hunger. 9.12.1842 - 8.2.1921. My old Encyclopaedia Britannica, 1959 edition, says: "He arrived in June 1917 and settled near Moscow, taking no part in politics." Certainly, he did not enjoy freedom of speech and press then and there. - I would doubt anything which the Soviets might have ascribed to him as having said in favour of their regime. - However, his economics was as weak as that of the Soviets. - J.Z., 13.2.03.)

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Christianity, Dying ??? Things which are as foolish do not die. Economics attracts you more - - well - - Proudhon says: "L'économie politique c'est la métaphysique en action. If Proudhon is right - - and I think he is - - then the two things are in the same sphere - - one reason more to turn from Christianity to economics, the latter containing - - perhaps - - what is valuable in the first.

----------------

 

    My condolences that you must drink dandelion-tea! God - - if he exists - - may preserve me!!! But the physician of Frederic, called the Great (he introduced Banking into Prussia, but not Free Banking) was convinced of dandelion tea and promised the king restoration of his health it he would use it. Zimmermann - - the physician - - was considered as the greatest physician of his time.          

I accept your recommendation to drink my (your) coffee and tea without further reference to Kant or to Schopenhauer. From Kant in reported that he would not drink coffee, because he believed it to be unwholesome. But when he smelled coffee, he could hardly resist. If he would have drunk his coffee every morning, he would - -            I am convinced - - have produced still many better things than he did. Voltaire calculated, at about 70, that he had drunk 80,000 cups of coffee. Probably, he would not have been able to fight as long, and at last victorious, against the practice of torture, if he hand not drunk the 80,000 cups. My Christmas will be - - thanks to your contributions - - riotous enough.

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                      21.12.1949. Your letter of 30.11.49.

 

Dear Mr. Meulen,

 

   I cannot agree that we differ essentially concerning the application of the principle "value by acceptance" to  external trade.

We both think, that the principle should not be prohibited and do think, too, that complete and absolute liberty of trade is the right judge to decide the question: Does the principle offer considerable advantages or not?

If it should be possible to overcome the psychological difficulties (whose existence I do admit) - - economic difficulties are less than under the system of 1913.

---------------

 

   From "The Statesman's Yearbook", edition 1931, page 64, I take these figures:

 

Notes issued:   

 

L 169 606 000     in  1926,

   171 218 000               27,

   413 784 000               28,

   405 848 000               29,

   407 000 000               30.

 

   Besides  the notes   circulated other currency whose amount I cannot state from my statistics.

 

   In 1914 circulated notes, for L 36 139 000 and a considerable amount of other currency. (German Statistical Yearbook of 1919.)

 

   My impression is that the value of the currency before the devaluation of 1931, expressed in ounces of fine gold, was very much greater than in 1914, and that the difference was great enough to expect: Anything may happen with the currency. If the amount of paper currency per capita + amount of other currency per capita, surpass a certain "normal" amount, expressed in ounces of fine gold, always something happens to reduce the amount to its "normal" value, in most cases a devaluation in some form.

 

   The "normal" relation between gold and paper-money is - - I think - - always stated by a really free market, the latter word taken in the sense, in which Adam Smith used it.

   There exists also a "normal" relation between the population and its needs for means of payment, and the available quantity of means of payment, both stated in weight of precious metal - - gold in modern times and silver in old times, for the first time scientifically investigated by Petty.

An approximate numerical ratio is the observed ratio in those times, which can be taken for "normal". The normal ratio varies a little from time to time but not very much, so that - - I think - - Petty's estimates still are of practical value.

 

   The true state of currency is hidden by cours forcé of paper money. An important part of the cours-forcé-state is also the prescription to price all goods, wages, rents, etc. in terms of paper currency. In England this prescription exists since 1914. This prescription is the technical presupposition of inflation. Without cours forcé inflation is technically impossible. That truth was self-evident for the elder theory. Ricardo, in his celebrated Bullion Report, was the first economist who did not see that truth, treated notes with cours forcé and without on the same footing and by this error spoke that nonsense which he reproached, in the Report, his adversaries for, who - - as may still  be learnt from this very Report - -, were quite well instructed and judicious people. But for many decades after Ricardo the truth was not forgotten - - for instance by the German Banking Law, created after the war of 1870/71.

In Germany, to all 25 governments, it was prohibited to create a paper money with cours forcé. It was considered as the principal means to prevent inflation. (The author of the German Law - - a great progress for its time - - was  Michaelis.)

 

   In Germany Prof. Rittershausen was the first who, after the war, remembered the old, truth and still today seems to be the sole economist who defends and understands it.

------------------

 

   From a communication in the Berlin "Tagesspiegel" I learn that the English government demands from Canada that exports from Canada to England shall, in future, be paid in pounds, not in Canadian Dollars, and that Canada agreed. I do hope that it will be the first swallow that makes the summer.

 

   The necessity to avoid unemployment by exports is, at the present monetary structure of the world, the

greatest of all necessities, for all countries, and if one Government reflects for a moment about this necessity and finds out other means than export, to employ its own people, at least for some months, then this government can get all commodities of the world for its own currency. The others must agree, for the unemployment-menace overwhelms all contrary arguments.

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   If in your letter of 17.12. you would not have expressed your wish to stop discussing Christianity, I would tell you, that your argument: "But most of the miracles related in the Gospels give similar details." - much impressed me, so that I reduced the probability of Christ having been a real man to less than 99%. I was not yet able to attain the optimal point (10 % seems to me to be too small) corresponding to our knowledge drawn from the Gospels, a passage from Tacitus, another from Josephus (perhaps falsified by pious Christians, pressed as I by arguments such as yours), etc.

-----------------

 

   The Duke of Bedford, as an economist, is not a 100 % author.

I agree with you that the State should create means of payment (sans cours forcé - - I add), enough so that its subjects are able to pay their taxes. Steuart said many and good things about this point.

The Four Bills treat the emission of State Paper Money without cours forcé. But experience shows, that if governments issue paper money for any other purpose than getting taxes, they do misuse it, issue too much, cause a depreciation and then introduce the cours forcé, the real root of all evils.

   The best theory about the point is given by Zander in his pamphlet about railway money.

 

   If a State has to finance a war, it is a far lesser evil if it raises loans of the usual type than to issue additional   paper money with cours forcé for the amount of the cost of the war.

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   The Duke mentions the "Jehovah's Witnesses" and their persecutions in Greece, being suspected of Communist sympathies. I enclose a clipping from the "Tagesspiegel", which proves that they are persecuted by the Communists in the Eastern Zone of Germany too.

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Very faithfully Yours  - signed U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                22.12.1949. Your  letter of 29.11.49.

 

Dear  Mr. Meulen,

 

the  problem of the pound-spending tourists may seem to be of secondary importance but it is connected to problems of the first order. Economists should treat the problem so as the former German Reichsgericht dealt, sometimes, with matters seemingly unimportant - - say, dealing with no more than a few hundred Marks - - with the greatest erudition and at length. The judgements were in some of the cases more pamphlets than simple conclusions. But the Reichsgericht knew what it did. The legal principles of the cases were interesting and had not come under consideration before. So once I read a judgement in the case of a liability insurance, where it was to investigate what was the real cause of the event that produced the liability.

The VII. Senate quoted all what John Stuart Mill had said about cause and effect, quoted David Hume and many other philosophers, and all authors here to be quoted, so that the judgement became an interesting philosophical book, where the old distinction between causa efficiens and causa occasionalis was justified and is was also investigated, whether circumstances of an event could also be considered as causes or merely as parts of them.

 

   We agree completely that if the governments would free the foreign exchanges then our problem would not arise. Only after artificially shortening the supply of foreign currency does the problem seem to be important.

 

I.) Should a simple citizen have the right to decide for what purpose currency can be used in buying abroad?

 

II.) Should this citizen have the right to decide whether a payment should be performed in foreign currency or in the domestic one?

 

III.) Should the citizen decide the rank of importance of bought goods?

 

   The prevailing statist mentality, by which 9/10 of the people is possessed, says: No and never! The decisions may come to be made by the greatest blockhead in office, rather than by a Socrates not in office.

---------------

 

  A further investigation - - that is my opinion - - will arrive at the result that external and domestic trade should be performed with the help of a currency which will not be hoarded and which is always available. Such a currency are "Milhaud-Bonds", about which I wrote sometimes. Such bonds are suitable to meet difficulties, which remain even after foreign currencies are freed. A difficulty of that kind was, in old times, an economic condition in which a country had spent all its gold for foreign goods but had still needed more foreign goods. In old times merchants simply granted a credit until their debtors had found fresh money. It was a possible way out of the difficulty but it was not the best.

----------------

 

   Love and children. Here we agree fully. Jesus Christ himself had been a bastard (Matthew I, 19), but his mother  was a well to-do girl - - probably of excellent qualities, who found a husband in spite of her boy - - as it still happens today for wealthy girls that get a child. That Mary possessed real estate at or near Jerusalem, I conclude from the fact that she went there when the governor of Syria had imposed a new tax on the property of Jews. She went to Jerusalem to make the tax return personally. The verse Matth. 21, 3, where it is said:

   "Go to the village over against you, and straightway you shall find an ass, etc."

 

   Christ would not have disposed so freely of the ass, if he would not have known the proprietor, and would not have had some authority over him. The thing is quite comprehensible if one supposes that the proprietor was a tenant of Mary. (I am inclined to ascribe a probability of about 60 % to that theory. Theologians - - of course - - never will admit it. Historians did not yet. They should take it into consideration. (There are still more items which make it probable that Mary possessed some wealth. The education she gave to her son was very good. He learnt all what a theologian of his time had to learn, although his birth closed this career to him.) (So he made his own, as a prophet! - J.Z., 13.2.03.)

----------------

 

   Machiavelli's opinion of aggressors.  You are right: An irresistible army of the UN can become the most effective engine of tyranny the world has ever seen. I see only two ways out:

 

1.) The way which Fichte explained in his considerations about the French Revolution, printed 1793. Fichte demanded that a man should have the right to ignore the State and to cancel all relations to it. The persons who  gave up their citizenship should have the right to form unions on a personal basis, like the old orders of knights.  The problem would then be to settle quarrels between these unions, for which, perhaps, a second world government must be created. (To write a book about the problems would be a nice task.) (Individual secessionism. - J.Z.)

 

2.) Form an aristocracy like the old Roman. From Montesquieu I learnt that there was an old Roman law, like that, which was incorporated into the French Constitution of 1793 (Par. 27):

   "Que tout individu qui usurperait las souverainté soit à l'instant mis à mort par les hommes libres."

   (That every individual who usurps sovereignty shall immediately be put to death by the free men. - J.Z.)

Thus Caesar really was not murdered but legally executed.

 

   Schopenhauer asserts (B. usually used "pretends" instead of "asserts". - J.Z.) that love would come to participate, in a much higher degree than now, in generating men. Thus there would arise an aristocracy, which would be as difficult to tyrannise as a lion, with sticks or even scourges. That lion tamers do use scourges proves nothing.

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   Free, Banking will help mankind to unite in marriages for no other motives than love and will, insofar also check tyranny.

 

   Further: Tyranny is very difficult where there exists no exclusive currency, and taxes are paid with the

help of Free Banks. Also Tyranny must be financed, and if the tyrant does not have a note-printing press at his disposal, that supplies him with fiat money, nor a gold treasure (as old tyrants did), then he must stop his tyranny. The new religion, whose coming I expect, will fill its adherents with a horror (fear of and anger? - J.Z.) against fiat money (paper money) (with legal tender - J.Z.) such as an old Jew felt at the thought that a swine could enter the temple.

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   Social Statics.  Soldiers, who left the ranks of an army such as Hitler's army was, can be watched after they came over to the other side. That is no problem. If the Russians  in 1914 and 1915 would have been so anxious, the Czech regiments would never have left the imperial Austrian Army. But the Russians treated the matter on a large scale and the success justified them. The Russians found ways and means to grant the Czech soldiers all freedom and, nevertheless to watch them. The details are reported in some historical works about the first world war.

(J.Z.: I remember vaguely reports that years afterwards, when the Russian Revolution had turned sour, or, rather, the Soviets had organized their totalitarian counter-revolution, these Czech soldiers fought their way home, to relative freedom, all across the length of Russia. The story of armed forces thus deciding for themselves, twice, on who was their real enemy and acting upon this, should be reported better than it was so far, to my knowledge. Are there Czech writings, in translations, which supply the full story? - J.Z., 13.2.03.)

--------------

 

   Do you still doubt that the Soviets possess the secret of Atomic bombs?????

--------------

 

   Expression: Banking. Will you continue to use the expression in the next edition of your book?

 

Christianity. (And money reform. J.Z.)  The emperor Constantine performed one good thing: his monetary reform. Before C. the Roman money unit was a nominal unit, the Sesterz,  whose silver or gold value was from time to time prescribed by the Caesars. Consequently, devaluations were very frequent. C. abandoned this system (now introduced in the whole world, Tibet, as it seems, excepted) and introduced an honest weight standard. By this he renounced to the old Caesar's right to debase the money unit. In some countries the reform was preserved for centuries and in England au fond still 1914. I think the people spoke thus:

The religion of an emperor, who introduces such valuable reforms, must be good, although it is hard to understand. But the whole money question is hard to understand. Certain is only: The old gods did not prevent our Caesars from abusing their monetary powers. The newly invented one seems to demand monetary honesty. Let us, provisionally, accept the emperor's religion.

   There in really a subterranean connection between the ideal money system and the best philosophy or - - the difference is not great - - religion.

 

   The weight standard is now prohibited in all countries, excepted - - as it seems - - in Tibet. In the year 1922 the Germans began a monetary revolution against their inflation money, introduced the gold weight standard in many, economic spheres and in November 1923 this revolution had become so strong that Reichsbank and government had to cede. The revolution was restricted to the middle classes, but in October 1923 the workers began to revolt, too. Some leaders, so Tornow, the leader of the workers occupied in wood industries, demanded "gold wages", that is, wages paid in paper but fixed in gold value. Some years later all that was forgotten.

-----------------

 

    Cooperative Wholesale Society. Workers must come to see that a fixed wage, as has been in use for centuries now, became economically impossible. Now workers must learn how to calculate like peasants, who also must be content with a variable income. The only way to introduce such a state of affairs is the cooporative organisation. Piece work, long introduced in shops, factories, etc. prevents the exploitation of energetic workers by lazy ones. In Russia the artjel is an old national institution and is not yet quite suppressed by the Kolchos and the Sovchos-System. In Balkan countries the artjel is quite common. Serbs are skilled road builders and many thousands of them were employed in Germany for road construction. Very frequently they organised an artjel, choose a leader and a cook and built a number of  kilometres of road for a contracted price. When I worked at Muehlheim, at Thyssen's Iron Foundry (as a worker) in 1919, I met an old worker, who told me many interesting details about the cooperatives of Serbian workers. He said: Serbians are sociable people. For them a cooperative is a quite natural thing. Germans want a master or employer. I say with Schopenhauer: "Time is the possibility of observing different qualities on the same object.  - That applies also to the Germany economic mentality.

--------------

 

   Aldred.  If you will him my two letters about his activities, I will be glad. The more I read his pamphlets, the more I share your opinion about A.

--------------

 

   Jews.  Races come into being and fade away. Many of the now living Jews are - - I think - - no real Jews any more but Europeans, just like many Germans. Historians, too, do often overlook that being subjected to a common ruler lets arise in the subjects the idea of belonging to the same race. The subjects of the rascal David and his successors at last believed themselves to be of a uniform race, although they were not, if the Bible reports the truth, as I think it does in this case. The present German race came into being after the thirty years war. Then Germany's population was reduced from 25 millions in 1618 to 5 millions in 1648. Men were so rare, that two districts of the: old empire permitted bigamy for 10 years after the war. The dismissed soldiers, Scots, Irish, Spaniards, Flemings,  Gypsies and also many Jews, propagated the race, few provinces excepted. The children - - of course - - learnt German from the mothers and not Croatic or Irish from the fathers. But the new mixture was not worse than the old (although not much better) as history has proven.

 

   Nietzsche, who said also good things, said: "Not where you come from, but where you are going to, decides what         you are worth". ("Nicht woher du kommst, sondern wohin du gehst, bestimmt deinen Wert.")

 

   Trust as a basis in economics and politics. Madame Roland said and repeated in her memoirs (very interesting, burnt): Distrust is the basis of liberty, a word which was in common use during the whole French Revolution. Madam Roland exaggerated, but - - au fond - - was in the right. Certainly, the trust in the honesty and the moderation of the Comité du Salut Public did cost many of the best French their lives. But trust as well as distrust are so general terms, that they are of no use without detailed examples.

 

In the note- issuing business there is to be distinguished:             

a.) trust in the issuer's honesty, the latter word taken in its popular sense,

b.) trust into the issuer's ability, the latter word taken in its popular sense,

c.) trust into the issuer's ability to distinguish a mortgage from a bill of exchange - -  the latter ability considered to

     be most essential by the best German authors. The tendency of the public to deceive bankers by presenting a bill

     of exchange, although really a mortgage is wanted, is quite general.

d.) trust into the issuer's ability to meet a run in a way so that  his customers do not say: Never again this banker!!!

 

A good expert will enumerate more kinds of trust, necessary in the business of note-issues.

 

   A very deplorable example of trust, where utmost distrust would have been justified, was the trust of the (too many - J.Z., 14.2.03.) Germans into Hitler's promises. Another kind of this trust is that of the (too many - J.Z.) English into the political and economic abilities of the Labour Party, which cost England her rank among the nations, and cost her many other things, which you know better than I do.

 

(J.Z.: Its ability would have been great enough or instructive enough - if it had been confined to directing the affairs of the own members and voters only, leaving all others free to do their things to and for themselves. Major problems arise only once one attempts to direct the affairs of others, who did not volunteer, and this at their expense and risk, while eliminating voluntary and competitive other options, under full exterritorial autonomy and personal laws. Presently ALL parties have that very fundamental flaw, which induces them to commit many wrongs, while feeling very righteous about them. See my ON PANARCHY series and www.panarchy.org  and www.panarchism.info  The secessionist option constitutes the most important voting right and popularity poll assessment. Hitler's popularity rating and membership would have rapidly dropped as soon as people became aware of what he really stood for. Moreover, then he could only have tyrannised his then relatively few remaining members. Then, all other Germans etc. could have complacently watched his antics, as they would watch circus performances of clowns, trained animals etc. He could have served as a deterrent and enlightening example on what not to do. Territorialism gives the Hitlers, Lenins, Stalins, Maos - etc., their best chance, everywhere, and deprives their victims of their chances, everywhere and all the time! - PIOT, J.Z., 14.2.03.)

 

   The ideal would be an organisation in all spheres similar to that of a Tucker Bank, which confines itself to short-term loans or secures itself by option clauses corresponding to its long-term loans. Then a quite sudden turn from 100 % trust to absolute distrust, within an hour, does no harm and has no other consequences than to bring the goods of the debtors into the hands of buyers with the same speediness as trust had changed into distrust.

-------------------

   "…  It would be six times as long. … " you say.

Make some articles out of the pages you could not write to me. Your friends will be very glad. You could not do better.

Very faithfully yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                23.12.1949.

 

Dear Mr. Meulen,

 

if my English would be better, I would write to Guy A. Aldred and ask  him what an  Anarchist should do, if - - as in the case of Alberta the government introduces such a tyrannical and idiotic money system as that of Douglas. Will Aldred grant anarchists the right to refuse the Douglas-Money, not accepting it in any payment and, on the other hand - - ça va sans dire - - renounce all advantages promised (the promises cannot be kept) by the government?       

If Aldred grants to his adherents the right to decline the Alberta-Money, then the Duke of Bedford will, perhaps,  cancel his relations to Aldred, if not: then Aldred is not a true Anarchist.

Certainly, neither Aldred nor the Duke ever meditated seriously the problem of Cours Forcé.

(What would be a good English translation??????" (Alas, this is the best that I can offer! - J.Z., 14.2.03.)

-----------------

 

(PANARCHISM - J.Z.)

 

   In the year 1918 or 1945 the Allies would have imposed upon Germany and Austria (Or Bush would do this now towards Iraq and North Korea, etc., as his peace aim! - J.Z., 14.2.03.) the following law:

 

   Every citizen has the right to give up his citizenship and to become - - legally - - a foreigner, to be legally considered as a subject of a neutral State or as a "Staatenloser", that is, a man belonging to no State at all, and, further: that the retired (secessionists - J.Z.) should be treated according to the existing laws on foreigners (which were quite liberal) but that the government should have no right to expel them, further: that the retired should have the right to unite in such unions as they themselves think fit, and that these unions shall have the right of  jurisdiction over the retired, if the retired transfer to them such a right, then the effect would have been very considerable.

(Concerning the jurisdiction, I refer to Gibbons description of the legal conditions in old German kingdoms, such

as the Franks etc. Every citizen had the right to choose a legal union, whether it was the union which had accepted the Roman Law as its guide, or another, which had, e.g., accepted the Franks Law, the Gothic, the Alemannic, the Burgundian, etc. In cases of disputes between subjects, who belonged to different unions, the law of that union was to be applied to which the offender or the defendant belonged.

 

The above indicated idea, which was first expressed by Fichte, in his "Betrachtungen ueber die Franzoesische Revolution", stood its test by practice.

 

   Such leagues, as would at once have been created in 1918, would have been a considerable obstacle for Hitler. In that year the hate against old imperialism was as great as some years later nationalism was. Moments of that kind - - seldom in history - - must be used by revolutionaries. They cannot be used if nothing is prepared, as was the case in 1918.

 

(J.Z.: Alas, I cannot even reach the libertarians and anarchists with such and related ideas, not even with the aid of the Internet! Essentially, I can record them only on paper, in very few copies, in e-mails, on microfiche, on floppy disks, and, one day, hopefully, also rather comprehensively, on CD-ROMs and DVDs etc. Whether they will be notices and used then and from such means, it not up to me. Even the minds of these radicals are not yet sufficiently prepared for such ideas. - J.Z., 14.2.03.)

-----------------

 

   The superstition, that imports must be paid by foreign currency, could be used by taxpayers:

   Suppose, that in France, as well as in England a law would be demanded, by taxpayers, and issued:

"All parts of incomes, which are used for paying imports but without stressing the country's fund of foreign currency, are tax free."

Then the following transaction would be possible: The Englishman A. and the Frenchman B. barter - - say 1,000 pounds and an equivalent amount of Francs. Then both present these "foreign" currencies to their governments and demand to exchange the amounts for tax-free domestic currencies. They may also proceed in this way, that the Englishman imports from France and pays pounds and gets the amount for which he imported tax-free. That supposes the consent of the Bank of England. (The Bank will not consent, because by such a procedure its monopoly to finance foreign trading would be broken.) The Frenchman may proceed in the same way and import from England to France.

-------------------

   In times of unemployment the taxpayers could demand: Parts of income which - - if spent in cash - - immediately         produces employment, are tax free. I think that this would be granted, if demanded.

-------------------

   The present system of supplying a country with currency, by a monopolistic issuing institute, transforms the respective country into an organism which is in the same centralist manner governed as it is financed.

 

Now all depends upon the chance: Is the ruler of the country an able military leader, such as Napoleon or even Hitler. (Hitler's generals now contest his military skill and say: We were the men, or, more exactly spoken, every generals says: I was the man. But Hitler had a natural faculty for butchering men and a future history will  acknowledge it, as it acknowledge it for Napoleon, although he was at last vanquished and committed many blunders.)

If Germany will get an able military leader, such as the Prince Eugen or Gneisenau, the opponent of Napoleon, or Moltke, or Lossberg, the commander of the Flemish armies in the Flanders Battles of the First World War, a third world war will be unavoidable.

Should such a leader arise in France, he would, probably, unite the German forces with his own, as Napoleon did and play the role of Napoleon or Louis XIV. (In the "Mémoires de Saint Hélène" Napoleon says, that the "Grande armées" of 1812 numbered more Germans than French, and that, correspondingly, the losses were more on the side of the Germans than on the French side.)

 

   Free Banking would create such an obstacle to such a development, that it should be also be considered from a mere political and military standpoint.

"Experts" should also consider that the true centre of the Soviet's military strength is their State Bank.

------------------

 

   The "Kapp-Putsh" of 1920 miscarried because the Reichsbank-President Havenstein declined to join Kapp and gave him not one note. The whole plan was based on the occupation of the Reichsbank and the Note-Printing-Department. Kapp, although a financial expert, but only trained in long-term business and understanding nothing of note-issuing, had not foreseen the possibility that the Putsch-Army, some hours after the "Putsch" was without means of payment, so that the shops would no more furnish victuals etc. The true story of Havenstein's role - - a very honourable one - - is not yet written, but I was told it by my former employer, the Dr. Ramin, manager of the Deutschland Rückversicherungs A.G., whose actuary I was. Ramin and Kapp were school-fellow's.

 

   The political position of a government, which possesses the note-press, is always strong. That is an advantage - -             considered from a historian's standpoint - - if the government is no tyranny. It is a disadvantage if the government is the contrary, as in the case of the Kremlin. A good government may have all advantages of a centralised note-issuing institute by Free Banking and some further advantages. A bad government can by overwhelmed if the revolutionaries know how to finance themselves by Free Banking and its principles.

 

Very, faithfully Yours signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                     24. 12. 1949.

Dear Mr. Meulen,

 

with the greatest joy I received today the LIBERTY  - - 10 issues - - a greeting d'outre tombe - - from our unforgettable Benjamin R. Tucker.  The way in which he printed the columns reminds me of old Greek manuscript, of which I saw some specimens before the war, and one day - - we hope - - also other people will look on the old sheets with that respect which even average men feel vis-à-vis such an old manuscript. If the slogan at the caption would not be so excellent, one could also say: "Tua res agitur!"

 

   By your kindness I received also:

 

1.) The Economic Digest, December issue; I hope to write still some words about this issue. It's extremely interesting.

2.) Truth of 9.12.49. (That "Truth" speaks on page 656 about annuities, as if there would not exist the danger of future devaluations, displeased me.) An issue of "Truth" may be opened at any page; it's always interesting.

3.) "The Economist" of 10.12.49.

4.) Six copies of your article in the "Word". I will distribute them to my acquaintances and keep one for myself.

------------------

 

   Flotsam in "Truth" recommends pipe cleaners as a Christmas present for up-to-date ladies. That reminds me of a little scene at station Westkreuz some days ago. A woman of about 50 bought cigars at the little tobacco stand on the platform. She spoke with a deep manly voice that could be heard at a distance of 20 metres. She complained about the quality of the cigars she had bought the day before and spoke so expertly about cigars and gave so many details (I could hardly follow, being a non-smoker) that some dozen people around her were much amused. Had she bought cigarettes, probably nobody would have paid attention, but cigars - - a woman - - that seemed interesting and aroused attention. Wherefore I concluded, that the sexes' equality (in Berlin) is not yet complete.

------------------

 

   On page 652 a Mr. Howell said, in a letter to the editor:

"Sir, - I was disgusted to read in your journal of the suggestion, that this country should make an alliance with that scourge of Europe - Germany, whose people are probably still the greatest menace to world peace. Etc.! (Mr. Howell recommends an alliance with France, "England's old ally".

   Although Mr. Howell's reasons do not hold good in every respect, his feeling is not unjustified. But: Every country with an absolute (centralised) government is a danger to the world's peace and for a very simple reason.

(Now even as small and insignificant seeming ones as Iraq and North Korea! - J.Z., 14.2.03.)

If the country is governed centralistically, then it depends always only upon very few people whether the country will be at war or not. Even it does not merely depend upon the supreme leader. It also depends - - as the history in the Far East proves - - upon a few subordinate generals, who simply begin a way, knowing very well, that once they have begun it, the central government must follow at once, if it wants to or not. It seems that e.g. the war of 1870/71 was begun less by Napoleon III, than by some energetic persons of his court, although France certainly preferred peace. But the government was centralised and France had no say in the matter.

 

   If, in Germany, the present centralised money system is continued, then the still prevailing federalism will soon be replaced - - certainly in less than 10 years - - by centralism, though the legal forms of federalism may be preserved.

Then Germany will be a country also as dangerous for the world's peace as any other. - - (Mr. Howell does not speak of Russia.), not because the people would be "the greatest menace to the world" - - Mr. Howell should make a trip through Germany and hear the people - - but by the centralised form of government/

 

On the other hand, Mr. Howell should remember, that centralised governments never were and never can be reliable allies. Sympathies of the peoples are quite unimportant in the external politics of centralised countries. The government decides, and once the first shot is fired - - it is always very easily to arrange that a first shot is fired - - the war begins. Less than a dozen men, today and in the last centuries, decide and decided on the world's

peace. Repeal of the centralised monetary systems (and their replacement by free note issuing), is, in all countries,  the first presupposition for talking reasonable about peace.

(If that is true, then it becomes immediately obvious how far we still are from having secured peace! - Naturally, there are other aspects, too and B. pointed out many to most of them and I tried to combine them in my two peace books: www.exterritorial.info/ - J.Z., 14.2.03.)

 

   Let me add that perhaps never before in the world's history, and also in Germany's history, was the terror at the. outbreak of a war as great as 1939 in Germany. When the soldiers departed, there was complete silence, except for the weeping of women and children, who saw their husbands and fathers depart. The 10,000 men, roaring the well known was songs at the "Deutschland Halle" (one of the greatest in Europe, transmitted by radio, should deceive

no one. These men - - or more exactly spoken, about 9/10 of them - - were commanded, and I knew several of them, who told me details Not roaring with the mass meant for each of the 10,000 certain death at a concentration camp. (Mr. Howell did not yet see what dictatorship means!!)

------------------

 

   I know of only one departure to the front which may be compared to that of 1939: That was the depart of Hessian  troops, sold to the British government in its war with the American "rebels". (Formally - - of course - - Hesse was allied with Great Britain.) Mr. Howell may look for details in good English histories of that war.

------------------

 

   In all countries of the world - -  Russia, Germany, France and even England - - the true mentality of the people against a third war is hidden by the centralised form of government. And this form is unavoidable wherever there is a centralised administration of note issues - a point of view, which is as true as it may be strange to men without training in economics, like Mr. Howell.

 

(J.Z.: Compare Hayek's observations in his chapter: Why the Worst Get to the Top, in "The Road to Serfdom", which, according to him, applies to democratic regimes as well as to despotic ones. - I would add, that many other factors are involved. The first may be territorialism [Free Banking is just one instance of its exterritorial opposite,], another is compulsory taxation. With that associated are government loans. Add to this conscription, compulsory schooling, the statist mentality and practice and if you want to review about 500 points on this matter, do at least quickly skim through my two peace books. - J.Z., 14.2.03.)

---------------

Very faithfully yours  - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                         25.12.1949.

 

Dear Mr. Meulen,

 

the Economist in its issue of 10. 12. 1949, page 1286, speaks of the refugee's problem. The Economist is right in saying that the problem is not confine to Germany but is an international problem. He should have added that in India, very conservatively estimated, there are 15 million refugees, most of them in a still more miserable situation than the 7.5 millions now in Western Germany and the about 500 refugees who daily come in from the Eastern Zone.

(J.Z.: How many see the main cause of this problem in the territorialism practised everywhere? Not even these victims themselves, far less the supposed "experts". - J.Z., 14.2.03.)

 

   Engineers estimate that an average worker in a factory is able to perform a daily work of about 100,000 kilogram-metres or 723,300 foot-pounds, not including the mental work which is required for the most simple mechanical work and which no machine can do. Physiologists say, that mental work also requires a certain quantity of calories (1 cal = 3,088 foot pounds), which a man must get in form of victuals, so that he may be able to perform it, and they do say, furthermore, that the quantity of mental work performed by a worker, daily and in the average, nearly equals the quantity of purely physical work, both expressed in labour units (kilo-gram-metres or foot-pounds).

 

   If the quantity of labour, which the refugees are able to perform, would be at hand in the form of a waterfall, then the use of this labour would not be a problem; on the contrary: if the right to own and to use the waterfall would be in the least doubtful, there would arise lawsuits and the interested parties would spend much money to get the waterfall. But the labour offered by the refugees, obviously much more valuable and of much greater use and application than the simple work of a waterfall, is no object of demand. (Payable in legal tender! Presently there are about 30 million refugees - and the illegal ones in Australia are put on long terms into concentration camps! - J.Z., 14.2.03.)

Nobody will readily accept them (No government! Private people are another matter! - J.Z., 14.2.03.) and very many refugees were sent back to the Eastern Zone, where (for some at least - J.Z., 14.2.03.) concentration camps and certain death, with the usual tortures, awaited them - - a shame for humanity and, especially, for the                                                            German authorities which, by such a behaviour, placed themselves at the level of Nazi or Communist authorities. (Things are now better than they were until some weeks ago and, especially in Berlin the refugees were treated with less cruelty than - - say - - in Bavaria. I heard, three weeks ago, a high official at a meeting of the Social Democratic Party say: Every refugee from the Eastern Zone will be accepted in Berlin, if there is no evidence that he is a criminal, who tries to escape his just punishment. May the economic situation of Berlin workers become worse by the presence of so many refugees and the necessary care for them. As long as the Berlin Workers are in a better position than the refugees, the latter will get help and assistance. -  The assembly applauded - - sincerely - -

and this applause was - - I think - - the best result of the evening.)

 

(J.Z.: Not much later, refugees were denied permission to work and look for accommodation in West Berlin and kept in refugee camps under such conditions that very many of them preferred to go back into the Eastern Zone. That was ascribed then to the "free market" conditions in West Berlin, which, alas, shone largely by their absence. State socialism or State capitalism was all too much at work in West Berlin, too, and unable to cope with a flood of refugees.  - J.Z., 14.2.03.)                                    

 

   The true reason of the infamous treatment of refugees in so many parts of the world and by so many communities, which believe themselves to be civilised, and some also Christian, is - - of course - - an economic dogma (Rather, anti-economic ideas, beliefs, opinions, laws, regulations, practices and institutions. - J.Z., 14.2.03.), believed now in the whole world, except by adherents of Freedom of Note Issue, is the real cause of the refugees' situation.

 

   This dogma is:

   "The quantity of employment possibilities is a limited one. The limit is given by the quantity of means of payment in the community. The admission of other means of payment than that granted by the Central Banks would be the greatest of all evils and produce greater horrors than the starving of the unemployed."

 

(J.Z.: There is actually a kernel of truth in this, but once combined with a completely false premise: If Free Banking would mean that everybody would be free to issue legal tender notes, then everybody could cause an inflation and an inflation by a single central bank is already bad enough. However, Free Banking had never meant that but merely the free issue of optional, refusable and discountable privately and cooperatively issued currencies, none of which could cause an inflation, and all of which would freely compete with each other and, thereby, reverse the popular version of Gresham's law, so that the good monies would drive out the inferior ones, with the latter being widely discounted or even altogether refused. - J.Z., 14.2.03.)

 

   Adherents of Free Note Issuing say, on the contrary:

 

   "Employment f or a worker is given to the extent that the worker is physically able to works. Supposed is merely, that there are no legal but senseless restrictions to credit, the securing of credit and the issuing of notes without cours forcé."

 

   "In your book you said what there is to say (Page 342):

   "Yet, theoretically, it would seem to be an unmixed blessing for a country to be provided with labour by men who are willing to work for little return. The key to the problem lies in the credit restrictions, which to-day prevent the due utilisation of any fresh productive ability which appears."

   Let me state, in this connection, why labour offered by a waterfall is welcome and that of a refugee is not:

The former can be utilised by credit given and secured in the usual and well-known forms. To secure credit, given to employ refugees, other forms are necessary, known only to those who are familiar with the ideas of Free Banking and Free Note Issuing.

 

   Let me add that this matter also has a moral side. Before 1939 none of the refugees read your book and very few were even interested in the problems you raise. But card playing, football and little household affairs were what interested those, who kept their homes and their opportunities to make a living. But such an indifference is a kind of crime, and it may be that a future religion will say: Among the many original sins of mankind, this indifference towards social reforms and proposals to realise them, is one of the worst. (I remember that, when I was young - -

long, long ago - -  many clergymen considered a serious interest, of average fidels, in social problems, as a kind of  distrust in God's government of the world, and were inclined to consider such an interest as a kind of sin. These clergymen were very guilty, although they, and more than 99% of all others, would have considered such a  reproach as a proof of insanity.

Let me further add, that Kant, the great philosopher, in his ethical system, established as the first and most important duty of every man to do what he can, in his sphere, for a reform of social conditions. Even if he merely says, to his wife or to his children:

"The right of governments to declare war, is no right at all but a presumption. We must do something against it", then he has not lived in vain.

Even in the most tyrannically governed communities such a contribution to social reform should not be impossible. On the other hand: At the Nazi-time, the teachers were compelled to ask their pupils if they had heard talk between their parents about "anti-national" subjects. If the teachers did not denounce some victims, from time to time, they themselves were suspected of having "sympathies with Hitler's enemies". Many parents were sent into concentration camps upon information supplied by their children. (Often in all innocence or with the best intentions on the side of the children. - J.Z., 14.2.03.)

 

   100 years ago the refugee's problems would have been dealt with in a manner very different from ours.

The first would have been, that all capital used to employ the refugees would have been freed of taxes and the income from this capital too. It was an old European tradition to meet conditions of distress in this way: Attracting fresh capital by granting freedom of taxes. Thus was Germany rebuilt after her great wars, for centuries. Still in the year 1848 the government ordered for Berlin that capital, used to build new houses or to repair old ones, would be free of taxes. The intention was to revive the building industries.

 

   If there would be, in Germany, freedom of taxes, for American and other capital, then and at once, it would become available in sufficient quantity. Factories to produce for the needs of the refugees could be built, raw materials would also be available in every wanted quantity. The market for the products would be provided by the refugees' wants (practically unlimited) and could be secured by formal commitments. But all that is legally impossible. Every immediate connection between refugees and foreign owners of capital is severely prohibited, partly by German laws and prescriptions and partly by laws and prescriptions of the Allies. And freedom from taxes for all capital, creating employment for refugees, was never earnestly demanded nor - - of course - - granted. The refugees themselves are too helpless, ignorant and not enough economically trained to demand it. Also, it is very doubtful whether any German paper would dare to publish a demand so very different from all what governments, professors, politicians, etc. had declared to be necessary.

 

   Another obstacle for foreign investors is the money standard prescribed for loans. Merely the present "Deutsche Mark" is permitted, the same which has been devalued some months ago. The people, who call themselves "the industry", declared that the devaluation went not far enough and demanded a sharper devaluation. Historical experience proves that such demands are granted one day, in any country where paper money is privileged with a  cours forcé'. There is, consequently, no attraction for any judicious businessmen to invest money in long-term loans, not for foreigners and not for Germans.

   None of those refugees, to whom I could talk, had ever cared about the here mentioned obstacles (the list is by no               means complete). - I spoke to managers of banks, high officials, exporters, scholars. None of them had ever occupied himself with the questions which are here important. If they had done so, then there would have arisen an informed public opinion about what is to be done. They would have demanded the legal opportunity to import tax-free foreign capital, to agree upon gold clauses or Dollar clauses, which one may trust and the removal of all restrictions which now forbid so many people to work at all. Even if many of these restrictions have been repealed during the last weeks: They have already done what they were supposed to do: They isolated the refugees from Germany's economic life and "protected" artisans, officials, etc. from unwelcome "competition". That one refugee could also work for other refugees and so be no competitor for residents - was not taken into consideration and if one could have spoken of this possibility, one would have been called a mere "theorist"

Now, for many refugees it is impossible to return to productive work. The people became sick, some old, or simply  forgot what they had learned, in a milieu far worse than that of the poorest Negro at the Congo. (But terrorist groups always welcome recruits from them with open arms! - J.Z., 14.2.03.) What I say here of German refugees is in very many cases surpassed by the fate of refugees in India, China and other countries.

 

   If the principles of financing unemployed labour, laid down in your book, would to better known and would form a part of public opinion, then an economic problem of refugees would never have arisen. The economic situation would have been as you describe it in your book: All judicious people in the immigration country would have been glad to accept workers who - - at least for a long time - - were obviously ready to work under such conditions that a  part of their work would be a present to the communities with many immigrants. Western Germany, to give an  example, would have appealed to the workers in the East to leave their jobs there and to work in the West.

Free Trade would supply them with more food than they would be able to eat, as Free Trade has always done.

Free note issuing would provide exactly the amount of means of payment required to pay them.

Inflation would not be possible, when its primary technical prerequisite, the cours forcé, would no longer exist.

 

   The monopoly of the Central Bank of Western Germany would be broken - - that's true. But the repeal of that monopoly is the primary condition for Western Germany's recovery.

 

   If the refugees would have been sufficiently interested in economics and also instructed before they became refugees, then they would also demand that, and the voice of so many millions would, at last, be heard.

 

   Still a hint to novelists and story-writers, perhaps also for film-producers: Some of them are in want of subjects. Let them come to Berlin and talk to the about 100 refugees who come, day by day, from the East. He will hear stories which would be taken as exaggerated if Edgar Allan Poe had written such things. The main reception office is now in the Kantstrasse. Every policeman would guide him there.

For historians, as well, here is a nice opportunity. Current history may be learnt at this office, not from books and not from papers, but from those concerned.

 

Very faithfully Yours - Signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                                  26. 12. 1949.

 

Dear Mr. Meulen,

 

I am not certain whether you, for your religious purposes, use the Christian calendar. I am afraid: you do not. Therefore,

I hardly dare to wish you a happy New Year in the usual sense, but take it as a subsequent but very hearty wish for the current and the following year of your calendar, which - - I assume - - begins with Tucker's birthday or that of Proudhon. (Please, inform me.)

------------------

   At that occasion: There are published Banking Calendars. Why not create a Free Banking Calendar????? Goethe says that Calendars are easy to be written.     

 

"Es schnurrt mein Tagebuch,              (My diary is busy               (And nothing may be harder

"Am Bratenwender,                              while I turn the roast         than to find readers -

"Nichts schreibt sich leichter voll         Nothing is easier to fill     for such a compilation. - J.Z.)

"Als ein Kalender."                               than a calendar. - J.Z.)

 

(Anyone is invited to use the entries in e.g. this correspondence or in www.butterbach.net/freebank.htm

for such a purpose, should he have difficulties in finding entries for such a calendar. - J.Z., 14.2.03.)

 

   You read so much. A Free Barking Calendar would be the right place to deposit what has been valuable of your readings.

It must not always be exactly Free Banking. All that is reasonable, good and even what is beautiful - contributes indirectly to the final victory of Free Banking.

(So, by all means, "loot" my "Slogans for Liberty collection as well! - J.Z., 14.2.03.)

 

   Free Banking is not an aim, forgotten after being attained, it is a method to live, as a revolutionary, as non-gregarious being, as a thinker who backs economy by philosophy and philosophy - -  as a life - - by economy.

--------------

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                      27. 12. 1949.

 

Dear Mr. Meulen,

 

you will have read in your papers that Otto Grotewohl's (the Eastern Minister President) wife fled to the West. Grotewohl himself is sick and carefully watched by the NKWD. A letter has been published by the Western press, in which Grotewohl demanded from Schumacher, the Western leader of the Social-Democratic Party, to be  readmitted to that party, whose leader he was until 1946. In this year he tried to carry over the whole Social Democratic Party to the then founded SED (Sozialistische Einheits-Partei Deutschlands), but the members in the Western Sectors of Berlin would not join him. Grotewohl became, together with Pieck, the President of the new party and, after the creation of the new Eastern Republic, he became its President, too, again together with Piek.

 

   I know Grotewohl from his earlier speeches and writings and had also a little correspondence with him in 1946. My impression was: The man is not 100 % bad. (Few men are that.) For him there is a limit, and one day he will be arrested or flee. And now the moment has come. May be that Grotewohl is already dead, but that would not prevent                  the world from receiving, still for some months or even years, letters from him, telegrams of admiration for Stalin and pamphlets about the "question" of an "Anschluss" of the Eastern Zone to Soviet-Russia. A trial will be - - I think - - avoided.

 

    What teaches the case Grotewohl? It. teaches that very probably Kenneth de Courcy is right when he

writes in the August issue of his "Intelligence Digest" (page 2):

   "On the Atlantic side there has been far to little study of the weakness of Russia. Secret political action by the Atlantic powers could get very near to blowing up the whole Soviet System."

 

   The leaders, are all in a similar situation as Grotewohl is or was. If they could get a modest existence in a country where men can live without the sword of Damocles over them, they would go there. Many of the leaders preserved a remnant of human feelings. But with such feelings one cannot live under the Soviets.

 

   What is to be said of the leaders is true for many soldiers. Daily dozens of deserters pass the frontier, sometimes officers from the top. For every soldier, who deserts, one may count hundreds or more, who would desert if they could and if they knew their families to be safe. And for every leader who deserts or tries to, there are several other  leaders, who would also like to try it if they could.

 

   In such a situation it would be an excellent offer to treat every Russian or German, serving now in the Soviet Army, as a neutral foreigner, if he comes to the lines of the Allied and declares, that his participation in the regime or its war was extorted. Let me remind you that Mao Tse Tung uses this system on the largest scale against the Kuo Ming Tang. The troops that come to him are, certainly, for the greatest part, no Communists nor do they sympathise with communism. And yet Mao discharges them, if they come to him, and sends them to the town or village where they came from. By this system (In old times used by the king Wen, as Kong Fu Tse reports in the Lün Yü) Mao wins victories which he never would have won by ordinary military methods.

The offer must be made before the war begins and daily communicated by British broadcasts. Every Russian       soldier must know it. Some fanatics will try to misuse the Allied's liberality. Never mind: Mao  is in the same situation and knows how to neutralise such people. His methods should be studied. In the case of England the fanatics of the other side are no more dangerous than the pro-communist people in England, whose number I estimate to much more than 100,000. It will be possible to manage them.

 

The first station of Russian Soldiers, who came to the English side, should be the Isle of Man. There is room for many and their liberty could be unlimited. From' Man they might be transported to Senegambia. There they can do no harm, can earn much money, can produce victuals as much as they are able to eat (Russians eat much.), and may even get women from the Negroes. The latter's manners permit temporary marriages. Do not underestimate the women-question.

 

   Humanity and honesty need not be - - as average politicians believe - - political impediments. Used in the right way, they become the best assets in the business of politics.

-----------------

 

   The Soviets are now in the situation of the Jacobins (Jacobeans? - J.Z.) in the year 1794. In the month of July (Thermidor) the number of killed and imprisoned people was so great that hardly one family in France was not concerned. Moreover, every leader had good reasons to fear the competition of others and did not know, whether he would not be arrested in the night. Most of them slept every night in another place. That was the right moment for Taillen and his fellows, energetic and clever men. In Russia the number of people in the concentration camps is estimated at 15 millions. Also, in Russia now, nearly all families are personally concerned.

 

   Let it be published that the "Union for English-Russian Friendship" (which should be created) pays for every atomic bomb the price the bearer demands, may it be in gold, in other goods, in real estate or other advantages that he may determine himself.

------------------

   The English government will do nothing. But private associations should prepare what there is to be prepared.

------------------

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

 

U. v. Beckerath, …                                               6. I. 1950.  Your letter of 3. I. 50, received yesterday

 

Dear Mr. Meulen,

 

If I were able to develop my pigeon-English to real English, it would become clear that we agree in all that is essential.

(J.Z.: Yes regarding freedom of expression and freedom to experiment, the free market and interest. No regarding details of sound "free banking", gold standard, Free Trade, Panarchism, defence, liberation, rights, duties, population, cooperatives, land reform, etc. There are numerous differences even between individualist anarchists. - J.Z., 24.5.03.)

 

   I am very glad and appreciate the honour to get some of my modest reflections published in one of the next issues of the "Individualist", perhaps already in the February-issue.

(In that tiny journal, too, they remained nearly invisible and inaccessible to most people. After many decades, I have still not got all the issues under M.'s editorship. Perhaps no one has. But then I did not yet follow up M.'s hint that the Australian National Library had bought a set. - J.Z., 24.5.03.)

-------------

 

   A German "Individualist"?? To issue my own periodical and not being dependent upon ignorant and timid editors has been my ideal for about 50 years.

Two or three times in my life I was tempted to end it and David Hume, in his essay on suicide, gives the reasons which justify it for cases like mine. But the (vain) hope to create or to discover a possibility to publish my own periodical prevented me.

In December 1932 nearly all preparations were ready. But in January 1933 came the Nazis, and if I would have published even one issue only, they would have sent me to a concentration camp, as they did with all liberal and socialist editors. Now I am old, without any connections, except a little correspondence with a few friends, most of them in the same economic situation as I.

---------------

 

   Princess Elizabeth. When the Germans still had an emperor, they considered all matters of the imperial family as of the greatest importance and highest interest. Such information, as the safe arrival of the heir to the throne at Malta, would have been placed at the top of the issue by most of the monarchist papers (more than 50% of all). If the editor would not have done this, then the editor would have got letters like that of J. N. Slater. The same is mutatis mutandis true of the little princes (21), such as the Prince of Lippe, the Grand-Duke of Weimar, etc. Their subjects were very much interested in their family affairs, and these affairs were the inexhaustible topic of gossip in restaurants and housewives. Even stories of the dogs and the cats in the Princes' and Dukes' households were read with general sympathy, women of Liberals and Socialists not excluded. If the princes were more than average, such as the Duke of Brunswick or the Grand-Duke of Hesse (both really excellent men, the latter a reformer of the                       German industrial art), the veneration became a really religious one.

 

  Perhaps the advantage of such a mentality is greater than the disadvantage. The talk about the princes and their wives and children led many people away from the affairs of their own little households and gave them a notion that there are more important things in the world than torn stockings and what neighbours cooked yesterday.

Now this diversion of the past generation no longer exists and some assert that, in consequence, the people grow more blocked every day.

 

   Certain is: Parliamentary despotism is, in the whole world, a greater obstacle to Free Banking than were Emperors, Dukes and Princes.

 

   One must consider, that average people conceive notions like "cause", "effect", "conditions", etc. only if these notions are connected with persons. And in this connection many do conceive the notion. Example: In Prussia and in some other German States the people would have considered the introduction of a paper money with cours forcé not as a violation of the rights of man and citizens, of which they had no clear understanding, but as a dishonsty of the prince, and the prince knew that.

-----------------

 

   Russian Atomic Bombs. I am convinced: They do have them. But they would sell them (I mean to the soldiers, who are supposed to guard them) to anyone who offers them enough Schnaps (snap) or - - perhaps - - money. (More so after the collapse of the Soviet Empire! - J.Z., 24.4.03.)

-----------------

 

   Cooperation, piece work. There are no contradictions. Take as an example the agrarian cooperatives in Italy,  which in the time between 1905 and 1914 farmed the great estates of feudal lords. Every worker was at the same time an employee of the cooperative and a member. The workers got as wages, at the end of the week, an amount corresponding to the piece work they had performed. From time to time there was also distributed (or credited) an additional amount which the cooperative had earned for its members. This additional amount was distributed in proportion to the to the wages paid. So the lazy (or weak) worker was also disadvantaged in his quality as a member, and the diligent (or strong) worker gained an additional advantage as a member. I do not know of a better system.

 

   One can say that their wages were an advance to the workers from the cooperative's earnings and they were so taken by the workers. Every exploitation of the diligent by the lazy was excluded by this system. One can also say, that the additional amount was the former employer's profit - now distributed to the workers.

---------------

 

   lt is true, workers and their unions do not like piece work. In Germany they say: "Akkord-Arbeit ist Mord-Arbeit". (Piece work is murderous. - Dubreuil's comments about it are worth reading. - J.Z., 24.5.03.)But things change at once when the worker becomes and employer himself. Then he introduces piece work as quickly as he would abolish it, if he could, in firms led by employers.

 

The error, that working fast may increase unemployment, arises unavoidably in the brain of average workers. But there are also professors of political economy that share this view. But if the worker is a member of a cooperative, then his thought is: If I work faster, I can go home earlier. (An average employer would not let him go home earlier.) So the mere form of cooperative organisation of labour tends to invent means for working faster and to introduce them. The wage system does the contrary. This fact outweighs many disadvantages of the cooperative system.

---------------

 

   A still greater advantage may be that, if the present employers become managers of a cooperative (their factory being organised as a cooperative), then they are safe during the next social revolution. On the other hand, it may well be that they do not earn less than they do now. What has changed is the legal form of their income, not - - probably - - the amount. In Russia, where not all things are foolishly arranged, many former employers (I heard) gain as managers no less than before. Did you ever hear about these things in your trip to Russia?

--------------

 

   Banking. I you will retain the expression Banking for note-issuing, although most people today understand by "Banking" exclusively deposit-business, you certainly will explain, in your next edition, that a Banker should also be a note-issuer and if he will not be one, then he does not understand his business.

 

   The title of your first edition: "Industrial Justice by Banking Reform" was excellent. It made at once clear, that there was not merely a technical matter dealt with but that an essential question of right and wrong was involved. Now some readers may get the impression that you offer first of all a contribution to the quantity theory of money, proving that really Free Banking can never produce an inflation. But you offer much more than the present title promises; you provided a contribution to the theory of the best distribution of the social product, "best" taken in the sense of how necessary justice is here and that it requires, essentially, no further social reforms. Insofar your book is also an attack on the present system of taxation, something that is also not expressed in the present title but was hinted at in the former one.

-----------------

 

   Runge seems to confound private note-issuing with free note-issuing. Free is here essentially also private, but private is not free, if it supposes a permit by the government. The latter was regularly the supposition of private note-issuing in Germany. In one of my next letters I hope to give you a list of the 37 private banks of issue that existed in Germany (all chartered) when the Banking Law of 14. III. 1875 came into operation, on 1. I. 1876.

 

   Runge says, that I described a German system of Free Banking in the Annals of Collective Economy, Jan./ July 1934, pages 93-96. On these pages I wrote against the cours forcé and in very sharp expressions. But neither there nor in other pages or publications did I describe a system of German Free Banking. If you have time to read my modest contribution and desire it (it's now 16 years old): Williams & Norgate, London, Great Russell Street, formerly sold the "Annals" and, possibly, still sell them. I do hope the German bombs did not destroy the shop. My two other publications were sold at Williams and Norgate as well. The translation is not the best and critics blamed the translator. I would excuse him, because the economics language of modern English does not offer quite equivalent terms for many of the old notions. Moreover, the modern German language of economics is so degenerated that foreign students do no longer understand it (which honours the students).

 

   Your impression, that the small German States all suffered from much State control in the matter of note-issue is quite right. The control was so sharp and without understanding of what is essential in note-issuing, that the many note-issuing banks, whose charter became void (by renunciation and other reasons), had all together not much more than 100 million marks of "uncovered" notes outstanding. The 7 note-issuing banks still surviving on 1. 1. 1876 had, on this day, about 92 million marks of non-covered outstanding notes. (Four of these banks survived, until Schacht strangled them.)

 

   The main impediment of the banks was the obligation or redemption. Option-clauses were unknown or forbidden. They would also not have been a great help. The Bank of Prussia, later Reichsbank, collected their notes and then, from time to time, presented all of them together. In the case of an option-clause, the Prussians would simply have waited until the option-clause's delay was over.

 

   The denominations of the notes were too large. The superstition of the time - - shared by the best economists - - was that small notes "drive out the precious metals" - - the same superstition existed in England, where notes smaller than L 5 were prohibited. The German banking law of 1875 prohibited notes smaller than those of 100 Marks, obviously copying the English prescription. For wages these notes were of little use and, therefore, the bank's help for employers was as good as zero. (J.Z.: At least as far as wage payments were concerned. - J.Z., 24.5.03.) But in the mere commercial sphere the banks did much good.                    

The fear, that small notes would drive out gold and silver, was shared by Adam Smith. Errors of the great may become disasters for the people.

 

   Before 1876 the limit was less than 100 marks. I forgot the amount. But I kept in my memory that it was set not small enough.

 

   Roscher reports that in Prussia the minimum amount was, since 1856, ten Thalers (30 Shillings)/ The State Bank of Prussia was permitted to issue 10-Thaler Notes for the total amount of 10 million Thalers. Private Banks were forbidden to issue more than 10 % of their total note issues in 10-Thaler Notes.

   Roscher recommends the articles of Gilbart and Newmarch in the London Statistical Journal, Vol. XIV, XV, XVII, XIX and in Vol. VI of Tooke's "History of Prices".

 

   A book about the old German note-issue-system? I will try to find such a book. Roscher recommends an article of McCulloch in the Encyclopaedia Britannica of 1858, "On metallic and paper money and banks".

   Roscher quotes the words of Patterson in the Stat. Journal of 1871, page 345, on the Peels-Act:

   "… perhaps the most absurd and disastrous act, which was ever placed upon the Statute Book."

 

   (J.Z.: There exists a German, 1943 and 144 pages dissertation on the subject, by a pupil of Prof. H. Rittershausen, which I published on microfiche in PEACE PLANS. 792: Dr. Traute Schumacher, Die Entwicklung der Banknote in Deutschland. [The development of the Banknote in Germany.] It contains some important historical details and distinctions for monetary theory and practice. I also appended some correspondence on it by Prof. H. Rittershausen and myself and comments by U. v. Bth. Dr. T. S. did not become an advocate of free banking. - J.Z., 24.5.03.)

------------------

 

Very faithfully Yours - signed: U. v. Beckerath.

__________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                               8. I. 1950.

 

Dear Mr. Meulen,

 

race-differences do not justify differences in rights but they do exist. And it is good to remember them from time to time.

   Tucholsky was an  author who collaborated in the monthly "Weltbuehne", a paper less convenient to the Nazis than any other. In January 1933 they tried to arrest Tucholsky, but he could flee to Paris. (There he starved; in vain he tried to get some victuals by selling pencils from door to door.) But Ossietzky, the editor, was caught and murdered. His widow now publishes a new "Weltbuehne", a Communist paper, whose tediousness surpasses all limits.

   Tucholsky was - that's my opinion - - an anarchist. But he took things as they are. He also published some stories about race etc. differences. (J.Z.: Although I am usually not interested in poetry, I found some of his poems worth reading, especially his anti-war ones. - J.Z., 24.5.03.)

---------------

   At an international contest the delegates were asked to prove their artistic skill by drawing a circle.

The American came up at once with a tool that drew mathematically exact circles: "the biggest in the world". The Englishman drew his circle without any apparatus and it was as good as exact. The Frenchman drew an oval, with rich ornaments, flowers and such things. The Austrian said: "Why try to surpass things that cannot be bettered?" - and copied the English circle, with the help of tracing paper. The German drew a polygon of 1096 edges. It looked like a circle but it was not.

---------------

 

   At some occasion four Germans had obliged themselves to contribute 100 marks each to some humanitarian purpose. The man from Hamburg simply paid. The man from the Rhine forgot the matter. The man from Berlin paid, 6 months later 1,80 marks as the first part-payment and added that his partner was abroad. The Saxon did not remember for a long time, then he was sued, lost the case and gave a bill of exchange which nobody could realise.

----------------

 

   I enclose the German paper from which I took these jokes (if you will let them pass as such).

----------------

 

    Rittershausen reported to me that Zander is now in India & speaks to the Muslims. He tries to win them for his ideas, which mean an honourable peace between the Arabs and the Jews. He considers the matter as important, probably because Arab resistance was financed (all things in the world must be financed) by Indian money. But - - as Truth reported some months ago - - the Israelis had much more money than the Arabs and bribed first the Syrians and then the others. Did Zander not know that? He should read Truth regularly; it's worthwhile and this not merely from a Zionist point of view. As long as the Arabs remain what they are, they will accept money from both sides, with perfect impartiality and always go the way of least mental resistance, which is the way of nature, although not in all cases the way of honour, until - - yes - - until there arises a second Djezzar Pasha among them. (You remember: The man, who could not be bribed, who vanquished the great Napoleon before Akka. He was in constant alliance with England. Sir William Sidney Smith defended Akka so effectively, that Napoleon said at St. Helena: "He prevented me from fulfilling proper destiny."  A second Djezzar, allied with a second Sir Smith, will - - probably - - incorporate the little Israel into a greater Arab-Syrian-Turkish commonwealth.

 

   Very faithfully Yours   - signed: U. v. Beckerath.

 

   Dou you think that much of the Indian money found its way to the ammunition factories? I think that it was sent by the Arab leaders to English banks and is still there, reduced by devaluation.

-----------------                                                                                                                    Bth.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                                  10. I. 1950                                                                                                      

         Dear Mr. Meulen,

 

yesterday I received the  promised printed matters. The content is most interesting. Thank you very much.           

1.) Thinker's Digest, Winter 1949,

2.) Die Nuwe Orde. 31.X.49.

3.) The Free Trader, Nov./Dec. 1949,

4.) National News-Letter, 29. XII. 49,

5.) City Press, 16., 23., 30. XII. 49.,

6.) The Malthusian, Nov., Doc., 1949,

7.) The Economist, 24. XII. 1949.

8.) Truth, 16., 23., 30. XII. 1949.

---------------

 

I read your article in Truth, page 774, issue of 30. XII., with much pleasure. All what you say is true and I see no objection that can be reasonably raised.

   You say: "It may sound foolish to assert that Korean, Fijian, Dutch and other nationalities should have a voice         in our foreign policy."

 

   Nationalities. What are they? In some cases they are that which some persons, lawyers without clients,  physicians without patients, manufacturers without commitments - desire to be and to come into existence. Let me take the "nation" of the Wends (Sorbs) as an example. Before 1914 this "nation" (some of them dwelling in the province Brandenburg, some in Saxonia) were proud of being Prussians. The Prussian Kings, in one of their numerous titles, called themselves "Herzog der Wenden und Kassuben" and always favoured a little their Slavic (Wendian) subjects. Money for agricultural improvements was always to be got by the inhabitants of the "Spreewald" (as their district was called), even if other agrarian districts had to wait, roads in the Spreewald were good, and if the market for the agrarian products became "weak", the Prussian army offered some contracts to the Spreewald. All that was done without much noise.

Their neighbours and at Berlin one liked the Wends much. Nurses were taken, if possible, from the Spreewald, because the girls had a good reputation for being healthy, patient and being fond of children. Also their honesty was more than average. At the parks of Berlin always some Spreewäldlerinnen" were to be seen in their old-fashioned, but very nice dresses, for which red and green colours were not spared. Their skirts were - - already for centuries - - very short, which contributed much to their popularity, as far as soldiers and other young men were concerned. I never saw a face among the Spreewald-girls which was not beautiful. If they were entre eux, they talked their Slavic language, but most of them spoke German very well, although a little in the Slavic manner, that in, all syllables to be pronounced "long" were pronounced "short", since in Slavic languages all syllables  are pronounced "short". (Russian spies of Slavic nationality are impossible in Germany. At the first words they speak, they are recognized, even if they speak German better than Germans themselves, which sometimes occurs, the German language being - - as is well known - - one of the most difficult ones. People of the lower classes seldom are quite masters of the language.) The Wendian language was cultivated by academies, and the Prussian kings did what they could to keep the language alive. But the Wendians themselves more and more preferred German, simply for commercial purposes. At the covered markets - - where the housewives liked the Wendians much, for the excellent quality of their products and their honesty - - one had to speak German, although many housewives  understood some Wendenian words, like "shmand" for cream. Also their young men had the ambition to leave the army - - after having done their service - - as sergeants. They were excellent sergeants, but - - of course - - perfect knowledge of German was a condition for becoming a seageant.

   At elections Wendians always preferred candidates of monarchist parties.

 

   All that changed when a teacher and a physician, after the first world war, discovered the Wendian nationality. They summoned the Wendians to "shake off" the "Prussian yoke" and to unite with their "brethren", the Czechs. For many years the only real success was that the teacher and his political friends suddenly had money to buy a nice house and an elegant auto. Also the edition of their paper multiplied. The Wendians were not so blocked as

the politicians supposed and wished. The villas and cars were an effective propaganda against the whole movement, whose origin nobody doubted. And now? The Russians discovered, that the Wendian language was a mere Russian slang and introduced the Russian language into the Wendian schools, while the wealthy of the Wendian peasants were expropriated. The Czechs continued to claim the Wendians as Czech "brethren", but now they have no more to say than the Wendians themselves, that is nothing. In the whole history of the Wendians as a          nationality (not as people) there were always no more than 5 % of the Wendians who spoke for their nationality and demanded "independence".

 

   So it is with the Indians. "Truth" estimated the number of those, who know what "national independence" means,  as about 200,000 and stated, that England really did not cede to the 400 million Indians but to the 200,000 "intellectuals", now speaking for the Indian nation. I myself think that the number of 200,000 is much exaggerated and that the real number is no higher than about 50,000. Here in Berlin, as long as the Prussian State Library still stood, I often had an occasion to talk with Indian students. I asked them, how many of their countrymen at this moment were talking about "Indian Independence". They admitted that probably none of them talked about such a theme, one so far from the real Indian mentality. One estimated, that more then half certainly talked about women and the rest of cigarettes and other things concerning eating, drinking, lodging, etc., the same as in Europe.

 

   Would it be right to admit an influence to these 200,000 on English affairs, so as if the 200,000 had the political interests and understanding of 200,000,000 cultivated Englishmen?

   I think that individualism supplies the principles here to be applied, and at another occasion (at the moment my time is very limited, although not by money to provide things) I might submit my ideas to you, if you agree.

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   You marked the "Economist's" little article "Commercial education" (issue of 31. XII.), page 1462. My friend, Alexander Carr-Saunders (B. spelled it: Sounders, which seems to me unlikely for an English name. - J.Z.)(our friendship being somewhat one-sided, he being without knowledge of my existence) contributes valuable ideas to the subject. But let me remind you that the Old Romans educated young men first of all by taking them to the courts and letting them hear lectures of lawyers and decisions of judges. It was their opinion that at the courts one could learn what laws needed improvements, what manners, schemes of treaties, etc. needed reform as well and wow things go in practice. There the young man also got an immediate and deep impression of the great superiority which philosophical studies and "classical" learning do bestow. He also gets an immediate impression of the fact that a great part of men is not able to talk before courts, because he is not able to learn the language there spoken. He knows only the language of households and inns. At the courts he gets the understanding what that means, politically, and that it would not be a good policy to let these people vote on affairs that are really only understood by the well educated, although they are important for all. From that impression the young men get the notion of the best political organisation, and all that without a special instruction. At the court the young man gets also an impression of the natural rights of man and citizen, that means of rights, which neither a Caesar nor a democratic majority may take from the - - momentarily - - weaker party. From history - - perhaps of his own family - - the young men learnt, that if natural rights are violated, then a revolutionary never fails to appear, who tells the injured what  rights were suppressed and uses this suppression as a pretext to become a dictator.                 

 

   If I could speak to Carr-Saunders, I would tell him: Let the young men learn from court deliberations, at least once every week - - but more frequently if this can be done. I beg to mention here a detail from my own education. At the age of about 18, I had to do with many branches of the insurance business. I also had the good luck to find, at the library of Frankfurt on the Main (now destroyed), the collection of decisions of the German High Court (Reichsgericht). The VII-th Senate was celebrated for its excellent decisions in insurance cases. Therefore, I  proceeded thus: At first I read what the Germans call the "Tatbestand" (facts of the case).Then I asked myself,  what the decision must be, if it would be just. Then I read, how the Senate really decided and found at once my own errors. So I proceeded with more than hundred decisions and until today I like to study the decisions of High Courts. If I became an above-average insurance-man (some of my friends assert this), whose articles were sometimes read with interest, I ascribe that result to my study of law suits.

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   Rural overpopulation in Russia and elsewhere. ("Economist of 31 XII. 49, page 1454.) Here the Economist sees things in the same light as old Malthus saw them, which reminds me of the method of seeing that Plato described in his tale of the great cave, where men observe the shadows produced by a great fire on the one side and the real things on the other. (Republica. I  don't know the chapter, the book being burnt.)

 

   If in any country of the world new and very cheap (cheaper than the before known) methods of producing victuals are discovered or applied, then at any point of the world a part of the population loses its job and the country will seem to be overpopulated. That was the case in Imperial Russia, when Romania, Hungary etc. began to produce victuals and to export them cheaper the Russians could produce them, with their primitive ploughs and the few inches deep that they could plough with them. Stolypin, very great as economist, although a too monarchistic politician, did kill two flies with one hit and sent the surplus-population from Southern Russia to Siberia, there build villages, gave credits, etc., so that Siberia soon got more than 15 millions inhabitants and

produced victuals cheaper  than any country in the world. Much of the butt49 sold at Berlin came from Siberia and was of excellent quality.

(J.Z.: Compulsory resettlements in distant areas was hardly a rightful and economic solution to the problem of agricultural unemployment and I do doubt that butt49 or any other produce can really be produced cheaper in Siberia than anywhere else. Siberian butt49 in Berlin was, probably, as State-subsidised produced. Sometimes B. was inclined to exaggerate, to make a point. - J.Z., 18.2.03.)

 

An overpopulation produced by a surplus of victuals is more contrary to Maltusianism than any other thing in the world and yet was frequently observed. (Observed things hardly interest Malthusians, they reflect, prophesise etc.

and speak of the future.)

In Germany before 1914 there was much emigration from the Eastern provinces, where victuals were cheap,  plentiful and sold with difficulties, to the industrialised West, where victuals were much dearer and the greatest part had to be imported.

 

   The Economist prophesies that in Africa improvements in medical services will produce "a pressure, of mouths on food supplies", (is the E.'s expression good English?? "…pressure of mouths …") Of course, the contrary will be observed. Every man kept alive can produce in Africa victuals for at least 10 persons and what will be increased will be the "pressure" of victuals on "mouths." (I learnt that in Chinese one does not say: the country has 1 million  inhabitants or souls but there one says: 1 million mouths, which is certainly more correct than "souls", the existence of souls being  a little doubtful since David Hume, but never, and this long before Hume, that a mouth

belongs to every man.)

 

   In the whole time from Malthus's birth (1766), until 1914 there was not one year where overpopulation caused a lack of victuals, although bad harvests sometimes did. (1772, 1788, 1817, 1847, 1855, 1872 - - the latter only in a few countries.) But in every year there were difficulties for the selling of victuals or - - purely commercially seen - - an overproduction of victuals. (Most in 1718 and from about 1880 to 1897.)

 

   Malthus says: There has never been an overproduction of victuals and never can be. Facts? MY premeditated opinion outweighs every fact!!!

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   What you wrote in your letter of 3.1.1950 of a German "The Individualist", induced me to talk about the matter to a bookseller I know. He is no Anarchist and perhaps not even an Individualist but an intelligent man. I proposed to him the name "Die Opposition" and framed - - very hastily - - some points for a future program. He objected, that he was a poor man without any capital. I taught him, that he was biased by quite old-fashioned ideas. All great things in the world were performed by credit.

(J.Z.: Here less financial credit is required than credit or belief in the value of such a periodical for a sufficient number of interested people. They existed then neither in England nor in Germany -  for a printed journal of a considerable number of impressions. Meulen may have had only about 150 - 200 subscribers at most and probably subsidised this journal himself, as I did and do with my PEACE PLANS. -  Now almost anyone could afford to "finance" himself a journal that is produced only upon demand and only in alternative media like microfiche, floppy disks, e-mail and websites. - J.Z., 18.2.03.)

 

Alexander, called by his courtiers and, consequently, by historians, "the Great", began with debts of many thousands of talents. (Here it should not be forgotten that he was the son of the Macedonian king! Thus he was born "with a silver-spoon in his mouth", as the old saying states. - J.Z., 18.2.03.) 

Napoleon I, Napoleon III. (The latter 40 millions of francs), Caesar, Hitler (9 million Gold-marks), they all began with debts.

I advised this bookseller to get at least 100,000 Marks of debts. (J.Z.: Today millions to billions would be required. - J.Z., 24.5.03.) Then everybody and his creditors more than all others will help him. The man with capital is always exploited, taxed to death and plays the role of a pot filled with honey surrounded by a swarm of flies. The man with debts is treated with more care than an egg, so that people may not loose money through him.

Plutarch reports: When Eumenes, a general of Alexander, but, as it seems, greater than he, was on the point of being murdered by his commanders, he simply touched them for many talents. The effect was quite the expected:  All commanders were now as busy to protect him as before they were before, when preparing to murder him.

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Very faithfully Yours - signed: U. v. Beckerath.

 

(J.Z.: Yes, for such things or "beasts" or "heroes" or "leaders" and their "ideas" one can get credit and followers. It's not so easy for an individualistic periodicals, although all of us are supposed to be individuals and each considers himself to be the centre of the universe. There is also such a thing as bad debts and not all people are prepared to throw good money after bad. The objective of many of the old wars was loot from involuntary victims. One cannot loot voluntary subscribers, especially not individualists. Looting other "faithful", with their consent, is often possible. - J.Z., 18.2.03. - However, now we do have the extremely affordable alternative media and, nevertheless, they are still extremely under-utilised for publishing libertarian magazines and books! Who is to be blamed for that??? - J.Z., 24.5.03.)

 

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U. v. Beckerath, …                                                                    11. I. 1950.

 

Dear Mr. Meulen,

 

yesterday I received the issues of  September and December (Nr. 4 1 & 44 of the monthly "L'unique", publié par E.         Armand, 22, Cité Sait- Joseph, Orléans (Loiret).

I was invited to subscribe to this paper, which took its name from the book of Max Stirner, Der Einzige und sein Eigentum", in French "L'Unique et sa Propriété" and is devoted to Individualist Anarchism. Subscription for                        10 numbers = 180 Francs. Each number contains 24 pages, the size of the sheet of paper before you. (A4 - J.Z.)

 

   The paper speaks de omnibus rebus et quibusdam aliis, excepting Free Banking and things connected with it, but what there is said is well said. I find articles of vegetarians, Malthusians, Esperantists, pacifists and all this kind of reformers, which you know well.

 

I would subscribe if

A.) I had the money,

B.) there were not the regulations concerning foreign exchange.

 

At Paris the Individualists have their "Centre", 8, Place Saint-Sulpice (au coin de la rue des Canettes), Métro Saint-Sulpice, salle du 1er étage. It seems there are lectures every month. The last was at 26. décembre by André C.-J. Gaillard, "22 ans de fréquentation naturiste - végétarienne - espérantiste-pacifiste".

 

Among the named friends of the movement I find that of Madeleine Vernet, Directrice de la "Mère Educatrice", who played some role at the République Supranationale of H. L. Follin and was (and very probably still is) a very                                 sympathetic girl. Street is not indicated.

 

(Paris - -  there I was in 1926 and only for 8 days, with hardly any free hours, but when I arrived at the Gare du Nord, I felt at home, as if I would have been born in Paris. The town, the men - - all, all was as if I belonged to them. The police would not extend its permission de séjour, because they could not imagine "que mon séjour serait au profit de la France".

----------------

 

   My friend (where may he be now?) (*) Werner Ackermann, the founder of the "Cosmopolitische Union", who spoke  French as well as German - - he was born at Antwerp - - once said to me: In French there may be easily said things which seem important, are nice to be read, but mean nothing. In German that would be difficult, except if it is translated from the French. In Nr. 44 of the "L'Unique" I find such a passage:

   "La véritable objection de conscience nést ni religieuse ni anti-religieuse. Elle prend sa source dans la volonté de l'homme réconcilié avec lui-même, libre de tous attache avec le milieu et capable de se diriger sans maîtres parmi les escalves."

   Now you know it, too.

------------------

 

   But "L'Unique" is more worth than the money it costs, all in all, and I would not fail to report to you about the "L'Unique,", since it may not be quite impossible that you did not yet hear of it.

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Very faithfully Yours - signed: U. v. Beckerath.

 

(*) Werner Ackermann found refuge from the Nazis in South Africa. He published there at least one short book on the Negro question, as a novella and was somewhat active, I believe, in the movement that opposed the blockade of S.A., as harming mainly those it was supposed to help. He and his children do not seem to have carried on the exploration of the minority autonomy options that he had long discussed, in a letter exchange with B., filling two thick "Leitz-Ordner". Both sides of that correspondence are, apparently, lost. However, it is not impossible that he has written a still unpublished work on this subject. - Conventional publishers would certainly not have flooded him with offers for such a manuscript, although in such writings lies the main answer to most of the remaining problems in Africa - and in the rest of the world. - J.Z., 24.5.03.)

____________________________________________________________________________________________

 

U. v .Beckerath, …                                                                         12. I. 1950.

 

Dear Mr. Meulen,

 

with very great interest I read Lord Raglan's article  "Mythical Heroes", condensed, in "Thinker's Digest" of Winter 1949. Here really seems to be found a method to distinguish myths and old, uncertain history. At the moment, I do not remember any historical hero, to whom Raglan's 22 points may be attributed. But better historians than I would, perhaps. I beg to write something about Raglan's discovery in one of my next letters.

 

   Raglan counts Moses among the heroes. I do admit, that Raglan uses the word in the sense of man considered as a hero in old times. Goethe, in his notes to the "Westöestlicher Divan" (most interesting to read) points out, that Moses was by no means a hero - - the word taken in the popular sense - - but a quite incapable man, who had to be instructed by his father-in-law (Exodus 18,14) in the first principles of administration.

 

   Generally, the Biblical Patriarchs were no heroes nor may Raglan's 22 points be applied to them. That confirms me in my opinion, that they were historical persons, interesting insofar as from their history may be seen what was considered, in old times, to be honourable and what not, and that in our times they would certainly not be in the least esteemed, not among Jews, either. I do exempt Abraham, who abolished the Moloch-Religion and replaced the child-sacrifices by animal sacrifices - - an enormous progress at that time. Maybe he invented a new god to better perform the destruction of the Moloch cult. Also Abraham was an opponent of the principle of collective responsibility. (Genesis, chapter18). Further, he forbade the sexual perversities - - in French  named "le vice allemand" (with the same right as the Germans called syphilis "Franzosen-Krankheit", that is, without any right) which are described in Genesis, 19, 5. The story told there concerns Abraham's brother Lot, but one may suppose that Abraham's opinion about the thing was the same.

 

   A chieftain, who proclaimed such a religion, really might expect "to become a great people". All newly married couples in the neighbourhood of Abraham, very probably, fled to him, because they were sure, that he did not burn the firstborn, as the other chieftains did. Also all families threatened by a vendetta, for a murder or theft committed by a member, were safe at Abraham, who did not acknowledge the principle of collective responsibility. That he was an adversary of sexual perversities (still widespread at the place where Sodom and Gomorrha were destroyed - - I read reports of travellers) must have recommended him to all people with sane minds.

 

(Panarchism  a small example. - J.Z.)

 

   In Arabia, as in all countries where cattle-breeding prevails, the secession of families from their tribe and their joining another tribe, better governed, is still frequent and tempers very much the despotism of chieftains.

 

(J.Z.: But how much can be achieved, even through panarchism, among nomadic and custom- as well as religion-ridden tribal people? - J.Z., 24.5.03.)

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Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                           14. I. 1950, Your letter of  11. I. 50, received today.

 

Dear Mr. Meulen,

 

I do hope to be able to do more than I can presently do for the creation of a German "The Individualist", once my old age pension is granted. Then I will have more liberty than now to write, use tramways, etc., all necessary for the preparatory work. But the spark you kindled will be kept alive.

(J.Z.: His old age pension was much too small to permit him such luxury spending. - By now his Renten-file at the BfA is probably destroyed. It could have provided an interesting record of his employments. - J.Z., 24.5.03.)

 

   I think that not only the idea of Individualism but also that of Free Banking will get adherents if they are represented as good as is technically possible. It corresponds to the German mentality (that is my impression) to take principles serious once their technical realisation is made clear. Also the German "intellectual" tends more to generalise from a fact and derive a principle from the fact, than to start from the principle and try to find out the possibilities of its realisation. That here is not displayed a general human tendency, I conclude from the tendency of so many French reformist writings. Here the principles are the foundation and sometimes one feels, in reading them, as in the Spaniard saying is: "papan viento" (swallow air - - Luft schlucken). That as my impression of some passages of the "L'Unique", of which I wrote you some days ago.

 

   Seeing that so many intelligent men, for decades, have proposed to publish papers in the two languages, French and German, and sometimes realised that idea (Revue Franco-Germanique. etc.) it would be certain, that such a paper would submit to the best critics plans, proposals etc., which are merely technically founded, which latter is a common fault of plans and propositions of German origin and that it would also submit to the best critics those principles, ideas, etc., which are technically not sufficiently founded, which is a common fault of plans and propositions of French origin.

 

   It is my impression that the Indians, likewise, restrict themselves to principles, still more so than the French and that the Chinese, in confining themselves to the technical aspects of new ideas do surpass the Germans. If that would be found to be true, then this would be a further reason for an international collaboration between them. It may be that better connoisseurs of philosophical and economic literature than I do get quite different impressions. At least there are very many exceptions from the general rule, which I believe to exist since the time of about 1740 (the year when Frederic II of Prussia ascended the throne) from which year Voltaire dated the beginning of the "enlightenment".

(Seeing Frederic's  early wars merely as youthful follies, but with mass-murderous consequences, I cannot agree with Voltaire's date selection. F. became somewhat wise, as a ruler, only some years afterwards. - J.Z., 18.2.03.) 

 

   In a German "Individualist" it would, perhaps, be quite suitable to demand from the first day the right of issuing standardised cheques for the purpose of paying wages and securing the payment of wages. That many do understand, who do not understand that the State's monopoly of money injures workers and employers. 

 

   It would also be advisable - - I think - - to demand, from the first day, for workers and others the right to care themselves for their old age, sickness etc. and this better than the government does now. A noticeable movement against "social insurance" is wide-spread in Germany, also here in Berlin, already since 1945. Principles that justify such tendencies would probably be received with sympathy - - if proclaimed together with the possibilities for their practical application.

 

(J.Z.: I worked in Berlin's public "Social Insurance" for the first 7 1/2 years of my working life. With the single exception of Heinz Peter Neumann, deceased, a Gesellian freedom lover, and Beckerath himself, I never encountered, either among my lecturers, my co-workers nor among the "insured" public, a serious interest in such problems and in their solution. They were all "good" statists and accepted all too faithfully all the wrongful and nonsensical legislation in that sphere as gospel, i.e., showed no interest in rightful and sound alternatives, especially when it came to financing social insurance and making it a voluntary business, one safe from monetary and financial despotism. B., having worked in the general insurance field for decades, had probably a few more contacts among some of the older and leading insurance men, but also, I believe, less among those at the grass roots level. But he often complained that most people did not even distinguish between "social reform" in general and "reform of the social insurance" arrangements.  - J.Z., 18.2.03.)

 

   "The first million was the most difficult to be won", said Rothschild, whenever he explained his opinions about money-making. Analogously: To win the first 500 subscribers will be most difficult. From 500 to 5000 the way will be easier.

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   Cooperation. That is true: The payment of organising work, that cannot be done by piece-work, may become a weak point of cooperatives. General principles to determine the value of organising work are not yet fixed, as far as 1 know. The latter circumstance proves, that the cooperators themselves did not yet take their cooperative principle very serious. Moreover, if the best manner to pay for organized work should already be determined by an enlightened economist, then it is, nevertheless, true that this manner has not yet been sufficiently discussed and for this reason remains practically unknown.

My own determination would be: A free market for the organisation work. If cooperatives don't pay enough (to capable managers and functionaries, foremen etc. - J.Z.), then the concerned persons would apply to employers who do, or become employers themselves.

 

   Nietzsche thinks that a moderate payment for organisation work is essential. May be that he is right. For at least two centuries the high government officials, who determine the forms of living for the whole population, got a much smaller income than average rich people in the country. A minister or a councillor to the government always earn much less than one of the great merchants or an owner of a great factory.

(J.Z.: Do they really earn what they do get or, if judged by results, should they rather have to pay their involuntary victims a huge compensation? - J.Z., 18.2.03.)

For a time, in Catholic countries, the Jesuits ruled - - in practice - - the country, so as they do now (it is said) in Spain. The standard of life of Jesuits always has been very moderate. The few exceptions are of no importance and cannot be considered as typical. The same man, who disposes of more money than great millionaires and with more real power (behind the curtain) than the ruler, lives - - often - - more modest than an average worker. Mutatis mutandis the same seems to be true for Russia's rulers in the Kremlin and their staffs. Their standard of living - -

with very few exceptions - - is not better than that of an average street car man in the USA. I think the reports about the standard of living of Russian Ministers etc. are true. I think also that the modesty of this standard of living is an essential factor for the respect the people feels for its rulers, and the rulers know that.

(J.Z.: Incentives are subjective. Many are more addicted to power than to high monetary rewards. As for Soviet rulers, I do believe that fear played a much larger role than respect. That they live in relative luxury, when compared with most of their subjects, was very well known. I doubt very much that their "fat cats" were widely respected. - J.Z., 18.2.03.)

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   The combination of piece work with the cooperative principle at the agricultural cooperatives in Italy and elsewhere is less - - I think - - a combination of piece work with profit sharing than a matter of the distribution of profit. The whole of the profit belongs to the cooperatives.

---------------

   The manager of a cooperative may have no less incentives to win a fortune than an employer. The manager may save a part of his income. If the factory savings department, perhaps organised by himself - - grants an interest of 1 % monthly (which in very many cases it could), the manager can do no better than to save with his own factory. Then, after 25 years, he will be richer than an average employer.

 

   May be it will happen, that in future a manager, who will become an employer, says to his associates (that is: to his workers): Listen - - I am ready to stabilise your income for - - say - - 5 years. Let us take as your stabilised income the amount you got for the last (say 3) years. I create a stabilisation fund and, after 5 years, the surplus of the fund will be mine (or a percentage of it). Very probably most workers will accept such an offer, for they hate a

system of varying income, although a varying income is essential for cooperative organisation.

 

(J.Z.: I remember reading about a poll among English workers. They voted overwhelmingly for a stable but lower income than a varying income that would, over a year, bring them a higher return. These are the kinds of people so dependent in their habits and thinking, that they want the employer to pay them for their holidays, their sick-days etc. They are still serfs rather than free contractors. - J.Z., 18.2.03.)

 

   It may also happen, that the stabilisation of worker's incomes (that is the replacement of varying cooperative incomes by the wage system - - the latter duly reformed) will take the form of an insurance against fluctuations.

     In any case, the names "employer" and "wage-system" are so discredited that they should be replaced also in those cases where the employment system procures to workers a higher income and more freedom than the cooperative system. (The freedom to hold political opinions, of religion, of belonging to reform parties, etc. is - -         presently - - greater at private employers than at cooperatives, where the majority principle governs and that is

seldom tolerant.

 

(J.Z.: Most cooperatives have also subscribed, without sufficient criticism, to cooperative ideologies and platforms that are often neither fully right nor rational. Sectarian forms of cooperation exist, as they do in the field of religion. Sound principles haven't sufficiently replaced dogmas and many sound experiences remain ignored. Only fully free competition and publicity for all forms of organisation development will bring about a wide-spread knowledge of optimal forms in this sphere. - J.Z., 18.2.03.)

 

     That in general workers are much less tolerant than employers is well known but rarely sufficiently appreciated. I got my first experience with this 50 years ago. Then an employer, who employed about a dozen girls, had very much trouble in keeping those girls in his service, who had an illegitimate child. The female workers demanded the dismissal of the "immoral" colleague. They plagued her much as they could in order to drive her out. But at last the employer won. At Hamburg I heard of an employer in the "Darm-Verarbeitung" (processing of bowels) who only employed girls with a child. He did not always have the trouble with the haughty girls, who had no child, or not yet. A cooperative, probably, would not have been able to help these unmarried mothers; but in our days things seem to have changed, in many districts. (To pious Christians it proves that the devil wins more and more influence; to the social reformer it proves that progress is possible where even optimists 50 years ago believed it impossible.

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   You write: "We do not expect a social revolution here." Well - - but I answer with Mephisto in Goethe's "Faust": "Den Teufel spürt das Völkchen nie, und wenn er sie beim Kragen hätte."

   The revolution of 1918 was quite unexpected, even to socialist leaders, who, in consequence, were without a

program. The same is true of the social revolution under the Nazis. That was a social revolution and only the events of 1945 stopped it. The tendency was quite the same as during the Jacobine Revolution of 1792/1794. The secret logic of history led quite illogical and very average men to create, in less than two years, a social system which Lenin and Stalin described quite rightly as a prodromus of communism. Even a man like Robespierre was led by the events and did not lead them. Still in the year 1790 he published a journal "Le défenseur de la constitution", which was by no means republican. That he really had no program is to be seen from his papers found after his death in his chamber. (I possessed his Collected Works and Manuscripts - - all burnt.) Madame Roland reports in her memoirs that one day, at one of the conferences in her house - where Robespierre was a regular guest - - he answered a republican: "Une république??? Qu'est ce que c'est la?? White obviously, he was much further away from republican ideas than were the Girondists.

 

   I do expect a social revolution in England, and my impression is even that England is in the middle of such a revolution, so that what is still to be expected is merely the bloody persecution of some minority, which every social revolution performs at one stage. (As objects of persecution Jews are considered to be most fit, in second line rich merchants - in Germany called "white Jews", - - and manufacturers, in third line those whom the people denounces as counter-revolutionaries, in the most cases neighbours with whom they have quarrels, parents of whom they hope to be heirs etc. (For this there are many records among the papers of the "Tribunal Révolutionnaire".)

   If a government offers the people the spectacle of public executions then it may remain in power for many decades and even longer, incapable and blocked as it may be.

 

   Compardon proved in his work about the Tribunal Révolutionnaire, that most of the guillotined were executed for infringung the price maximum laws. That was often expressed in word like: Guilty of having assisted the Républic's enemies by selling salt for ... sous instead of at the legal price of … sous. Etc. In all countries where an effective price control was introduced and, at last, by the logic of facts became ineffective, the people demanded capital punishment for "price sinners" and could only be stopped by the exaggeration of this demand, that is: All that bought for an illegal price must be executed as well. Here all were "sinners".

----------------

 

   A critic declared the translation of my dissertations into English as "decidedly bad". The lady, who translated the manuscript (I am convinced that it was not Spiller himself, but a lady) treated it with great freedom, so that in many  passages the English text is more a "paraphrase" than a translation. But very excellent is the French translation of Professor Buriot-Darsiles at Moulens. There is hardly a difference between the German text and the French.             Buriot-Darsiles fully understood the problems dealt with.

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   Princess Elizabeth. Well - - I think too, that by now most Germans are republicans. They are because there is now no man to be found who seems to be fit to be a king or an emperor. If, in the year 1945, the King of England would have sent one of his princes as a governor to the British zone and if no dismantling would have taken place, the country would have been won for the English crown and now - - 5 years later - - the rest of Western Germany would have followed. It would have become State like in the old German Empire until 1806 (1801? The correction is illegible - J.Z.), with a ruler at the top and great independence of the member States. The dismantlings now exclude such a possibility.

-----------------

 

   If a high "Citizen's tax" were introduced in a democratic country and the non-payment of such a tax would be            punished by losing the right to vote, then all people not interested in public affairs would renounce to the "right" to vote. That would transfer the political power to those, who are interested in public affairs also at other times than at the day of voting. It would be - - I think - - a political progress. 7/8 of all women would renounce it and prefer to buy, for the saved amount of Citizen's tax, something to eat.

 

   There should also be a limit for voting as among the old Romans, who limited the maximum age of a voter to 6o years, the end of military services. Today the limit could perhaps be at 70 or 75 years.

-------------------

 

   To the candidates now proposed to the English people the following questions should be submitted:

 

1.) Are you willing to grant to your voters the right to overcome a lack of currency, which endangers the payment          

     of wages, by the issuing of emergency currency through institutions chosen by the voters? Are you willing to let

     your voters decide for themselves whether a shortage of currency is really to be feared?

 

2.) Are you willing to grant your voters the right to escape a new devaluation by agreeing upon gold-wage-clauses

      and other suitable clauses as they themselves think suitable?

 

3.) Do you admit that a currency without cours forcé can never produce an inflation?

 

4.) Will you try to propose to our government a system of paying imports by means of payment of British origin,

     fixed in Pounds, Dollars or any other currency thought fit by the importing merchants? Do you not think that

     Americans demand too much when they demand that we pay our imports with USA-Dollars of USA-origin - -

     which they never did before in history and other governments also never did?????? (Actually, the governments   

     should have nothing to do with exports and imports and Americans do not have a uniform opinion on that

     matter but should also have all monetary and financial rights and liberties. - J.Z., 18.2.03.)

 

5.) Are you willing to grant your voters the right to create their own system of social insurance, one more effective       

      than that of the government and with the right of the voters (members! - J.Z.) to control themselves the

      accumulated reserves?

----------------------

 

   I heard that Robert Owen demanded a general system of commitments (advance orders - J.Z.), so that the greatest part of the nation's production would be backed by commitments made in time.

   A very good system.

 

   A part or the national product is sold without commitments because the consumers cannot do without the goods and do have the money to pay for them.

 

   Another part cannot be sold, although the people need the goods urgently but do not possess the means of                payment for them.

 

   A third part cannot be sold because the people do not want the goods immediately, although they do possess the means of payment to buy the goods. The well-known system of continual underselling (to be distinguished from sound competition) helps in this case to sell the products. Timely commitments would prevent underselling.

 

   A fourth part cannot be sold because it is not immediately wanted and also because the people do not possess the necessary means of payment. That part, economically considered the most dangerous of all and - - I estimate - -           amounting to about 1/3rd of the national product, requires a combined system of commitment and Free Banking.

----------------

 

   If you still possess one copy of the Individualist's December issue, I would be much obliged to you it you would send it to me occasionally. I distributed all my copies to friends.

----------------

 

   The "Thinkers Digest" is s most excellent paper. Touching, the record of David Hume's last hours. What men, David Hume and Adam Smith! I beg to write about them in one of my next letters.

----------------

 

   With a true horror I read the South African "Die Nuwe Orde". Julius Streicher a "martyr of Nuremberg"; a man,  whom the genius of earth, if he exists, would considers as one of his lice.

                                        

   I do regret that at Nuremberg new laws with a retroactive power were created to punish the "martyrs". Obviously, to the authors of these laws the Article 4 of the Weimar Constitution of 11. 8. 1919 was unknown, which says:

 

   "Die allgemein anerkannten Regeln des Völkerrechts gelten als bindende Bestandteile des deutschen

     Reichsrechtes." (Generally recognized rules of the law of nations are to be considered as parts of German

     Constitutional Laws.)

 

   That applies at once to the crimes of the German generals against the prisoners of war and the civilians in the occupied territories. These generals could have been punished on the strength of the quoted German law. But that law also applies to minorities. It was and is one of the acknowledged rules of the law of nations that minorities are not without any rights, also not if the country's government claims or is really supported by the majority. That was stated in the 1890's when the Russian and the Romanian Governments persecuted the Jews or left them without protection during the pogroms.

  

   The defence of Streicher and his companions by Johan Schoeman (whose German name certainly was or is: Johannes Schumann) reminds me of the fact reported by Plutarch, that after the death of Nero his statues were adorned with flowers a night, by Nero's adherents, whom he obviously possessed in great numbers - - a shame for humanity.

------------------

 

   Difficulties to sell victuals on the whole earth. But "The Malthusian" continues to speak of the scarcity of victuals as one of the causes of the present misery.

------------------

(J.Z.: Just like the Social Credit people, who are ascribing the evils of monetary despotism of central banking to "free" private banking and want, consequently, to replace the existing central banking system by an even worse form of it. Or like the statist communists, dissatisfied with the insufficient competition among existing employers - insufficient largely because of insufficient monetary and financial freedom - want to replace all of them by a single employer, the State, and expect it to be a moral, benevolent and efficient one. People! Sometimes they make it very hard to laugh about them. - J.Z., 18.2.03.)

 

                        Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                      15. I. 1950.

 

Dear Mr. Meulen,   (Is more capital required to create more employment?  - J.Z., 24.5.03.)

 

in American papers or in  statistics of American origin, I do sometimes read calculations like the following:   

In the industry X the capital invested amounts to A Dollars and the number of hands employed in it is B. The capital invested per hand, therefore, amounts in the average to A : B. To create new jobs in that industry would, therefore, require a fresh investment of A:B Dollars per job. Similar calculations are sometimes made for the whole country, so that providing the people with employment seems to be an expensive affair.

   The numerical part may be right, but the consequences drawn from the numbers are erroneous.

 

(J.Z.: The flaw in these calculations can be seen already by a simple thought-example: If, in all industries where this is possible, and so far only one shift is worked, daily, on weekdays, suddenly shift work would be introduced, and even on weekend 3 shifts were worked as well, for volunteers, then the same machines and buildings could serve many more employees as productive capital - apart from extra running cost and repairs - without any additional capital investments being required. Moreover, most equipment is not fully used most of the time. Nevertheless, many of the Austrian School seem to still believe that only a multiplication of capital investments could provide more jobs. Indeed, in the long run, more capital investments would be required for many more future jobs. But before and after a crisis, one with many sales difficulties for goods, services and labour, largely the same productive capital exists. Only its utilisation rate is different during the crisis. - J.Z., 18.2.03.)

 

   We know, that in a country where Free Banking is permitted and in use, there will exist no other unemployment than that by old age, sickness and similar reasons, which have nothing to do with a crisis, with capital investment and other economic aspects. If Free Banking were introduced in a country which now suffers from unemployment, say Germany, some days later the last unemployed would have got a job, excepting only those, who by causes within their personal circumstances, are prevented from working. In your book you explained the connections and went so far as to assert, that under a Free Banking condition the demand for labour must continually surpass the supply of it, so that, by the consequent rising of wages and other labour income that part of national  production which Karl Marx called "Mehrwert" (Surplus Value), would quickly be transferred to the labouring class. To people not trained in the Free Banking System ideas, that is a result which, at first sight, will seem strange to them

and they will hardly believe it. A result not attained by the most bloody social revolution and a dictatorship now embracing all spheres of economical and personal life in Russia. (The worker's share in the social product is for Russia estimated, by Russian (Non-Soviet) economists as about 20 %, the same as the share of the French peasants in the agrarian output of France before the French Revolution. The waste introduced by "planning" comes to 40% and the government's share is 40%, too.), and such a result should be attainable by simply repealing a bad law and using the then opened-up banking possibilities???? Impossible - - they say, but by studying your book one must be convinced that such a result is not only possible but unavoidable.

 

Now applied to Germany: The returning of the unemployed (refugees included) to production through Free Banking would be the task for a very short time, much shorter than would be required to save up or attract and invest fresh capital. If that is admitted (and it must be admitted) then the consequence drawn by some American economists from their investment statistics must be erroneous in some respects. Where lies their fault in logic? In the light of Free Banking theory it is easily detected: The inverse of that, what the American economists say is true:

It's not so that creating jobs requires fresh capital; it is rather so, that creating jobs immediately provides a fresh capital.  (Stressed by me. - J.Z.)

If it were true, that for every worker, to employ him, in the average an amount of 2,000 dollars would be required, of the national capital, then the creation of new jobs would have created, per new job, an additional capital of 2,000 Dollars or so.

 

(J.Z.: B.'s English in the last two paragraphs was terrible. I rewrote what seemed necessary to me. Sometimes his English writing is quite fluent and on other occasions it is barely comprehensible pidgin or pigeon English, as he sometimes admitted himself. - J.Z., 18.2.03.)

 

Technically the transmission of the unemployed to production will be performed in the usual way: Instead of one shift there are performed two or three. (When sales are assured through free banking then production can be rapidly expanded, by a higher usage rate of the workforce, machines, factories and raw materials etc. - J.Z., 19.2.03.)

 

Spinning and weaving mills in Germany work now 8 hours a day. Before the war many worked 24 hours in three shifts. They could do so also today, if they would be permitted to clothe the population. That is, indirectly, prohibited by the present money and banking system, which also blocks the peoples' purchasing power and restricts it to the small amount which the Central Bank's president is now able to grant.

 

   A statistics made up after the introducing and use of Free Banking in Germany, would show a considerable increase of capital employed in industry and agriculture per hand employed. The average employer, "not sicklied o'er with the pale cast of thought" will say: That's quite natural. A factory used 24 hours a day can be sold at a much higher price than a factory used 8 hours or at a standstill. It would be a great error to think that the freshly appearing capital would be created by saving or credit. It results from the abolition of unemployment, without requiring an additional economic action.

 

   Free Banking is now prohibited in Germany - by harsh punishments. Modern monetary theory, as created and taught in all countries after the outbreak of the first world war, by the then writing and teaching economists (their intention was to justify war financing by the printing notes that were given the cours forcé) - - prevails in Germany no less than in any other country, Tibet honourably excluded, if the information received from Lhasa is true.

 

   If Free Banking were permitted in Germany and Free Trade as well, then Germany could easily renounce the  Marshall Plan Aid and such things.

By a reform of the Bill of Exchange-Technique, that flows immediately from the Free Banking theory, export from Germany (first of all to repay the present debts) could be performed in a way that the importing countries  would not loose a single hour of employment by these imports.

The honour to have discovered these possibilities must be ascribed to professor Edgard Milhaud in Geneva. I  wrote to you previously about this possibility.

 

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                                  21. I. 1950.

 

                        Dear Mr. Meulen,

 

the second blockade of  Berlin has begun. Your papers will have reported details. Formally the Americans seem to be in the wrong. An honourable retreat would consist in submitting the matter to the Arbitration Committee (or whatever its name may be) of the UN. As average persons ("leaders"! - J.Z.), as are involved here will, very probably, not listen if anyone offers such a proposition. It is as Bismarck said in one of his speeches: Average statesmen are much more easily and, consequently, much more frequently, engaged in wars than are statesmen with what the Germane call "Format" (or Kaliber - J.Z.) (literally translated: "size", the meaning is: They are more lead by the events than leading them.)

 

   As long as the matter is not yet settled, letters to Berlin, and especially those of foreign origin, are in danger of being taken by the Russians. (The Soviets! The Russians & other ethnic etc. people of their empire have no interest in letters received by Germans! - J.Z., 19.2.03.)

Would it take too much trouble to sent your letters and the next issue of the "Individualist" by air mail????? That creates no guaranty that letters escape the Russians but a probability of more than 50 %. (I am convinced that many employees of the German Post are bribed by the Russians and arrange also for such mail to be sent through the Russian Zone, which honest employees would send by air.

------------------

   A historian should compile a catalogue of those wars in the last 50 years which were simply begun by subordinate generals, colonels and such people, so that the government then believed it must follow-up their actions. The last war between China and Japan was begun by the commander of the 19th Chinese army at Peking. It killed more men and destroyed more towns than the 30-years war in Europe. The war some years before was begun by a Japanese colonel. The Commune of Paris was begun by some soldiers. Here an American Commander of relatively low rank began the quarrel, whose consequences, at the moment can not yet be foreseen.

-----------------

 

   I am now in a little hurry.

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                      26. I. 1950

 

Dear Mr. Meulen,

 

I had expected that the post would bring to you every day some baskets full of letters from Scotland and invitations from at least ten cities to deliver there lectures about Free Banking and the thereby given possibilities to create, for individuals and their groups, independence from a central government.

 

(J.Z.:How would the world look like now, if many people reacted thus upon hearing or reading good ideas that are new to them? Such a result can only be achieved once, 1. full experimental freedom has been introduced and 2. a proper market for new ideas has been established. - J.Z., 19.2.03.)

 

I have come to feel that my hopes were exaggerated. Tant pis pour eux.

-----------------

(Protectionism & "overpopulation". - J.Z.)

News from all parts of the world that the abundance of victuals threatens the stability of all economic and moral conditions. Germany is no exception. The federal minister for food supply. "Professor" Niklas, explained the surprising offers of victuals in Germany, domestic and foreign. He demanded "protection" for German Agriculture from foreign victuals. So that you may not believe me to be a base calumniator, I include here a cutting from the "Telegraf" of 20. I. 1950, where the Professor's standpoint is reported. You will say: It seems that the German mind wants blockades and when others are getting tired of blockading Germany, then it blockades itself.

At the moment I can't reply. But I'll look at the last issues of the Malthusian and try to find there arguments that the new (and world-wide) protectionist mentality (protecting us from abundant food supplies! - J.Z., 18.2.03) must be somehow wrong. The Professor's opinion is merely a special case.

-------------------

 

I had the great pleasure to receive the 24-th

a.) 6 copies of the "Individualist" and 3 copies of your portrait. Many thanks!

b.) Jan./Febr. issue of the Vaccination Inquirer and Health Review.

 

A funny problem, that vaccination problem. The general opinion here is, that in the past years vaccinations of adults contributed much to keep mortality relatively low, and my own impression is that it did. A proof is not yet supplied and perhaps a proof that is sufficient, from a statistical standpoint, is here impossible. One must examine whether the troubles caused by vaccination do outweigh the beneficent effects. If, for instance, the life of only one average individual would be saved by the vaccination of a million, then I would say that the trouble is too great. But if, by vaccination, more than 5,000 average individuals would be kept alive, in the 12 months after the vaccination, all of whom would have died, without the vaccination, in those 12 months, then I would say that the vaccination was worthwhile and even that a government had, in such a situation, the right to enforce vaccination.

 

   One of the USA presidents (Buchanan???) said, when the question of  a legal indemnity arose, for widows, whose husbands were killed in railway accidents: For the first time in the USA-history we have here to do with the problem of valuing the life of a free citizen in dollars. Our feelings are against the valuing of a free citizen's life in dollars. But one has to consider that the dollar value of a life cannot be otherwise estimated than by a multiple of what an average citizen's labour is worth per day or per year. It could also be estimated immediately in labour hours. But a labour hour is worth a fraction of a Dollar.

   The President added, that railway companies could be compelled by law to do more to prevent accidents. But, he said, an estimation of what could be demanded from them, would also be an estimation of a citizen's money value. If the law values a citizen's life at - - say - - 10,000 Dollars and statistics show, that, in the average, the railway caused 4 deaths by accidents, per annum, and it seemed possible to reduce that number to 2 deaths, by improvements requiring an expenditure of 10,000 Dollars annually, then the railway would probably spend these 10,000 Dollars. But if the value of a free citizen's life would be estimated like the value of a slave, that is, at about 1,000 Dollars, then the railway would - - the thing considered merely economically - - probably prefer to pay the legal indemnity and introduce no such safety improvements. It must also be taken into consideration that railways are only able to spend a relatively small percentage of their receipts for safety-improvements. If the law were to burden the railways with too great indemnities, then it could bring the whole business to a standstill.                            (I heard that, at the time before the Dollar devaluation, the legal indemnity in the USA was 5,000 Dollars. It may still stand at that nominal amount.)

 

   Similar considerations may be applied to the vaccination problem, although such considerations would not exhaust the problem.

   If, in a community of 1 million inhabitants, the expenses for a vaccination would be (say) 100,000 Dollars, and it could be expected that the life of 20 individuals, each valued at 5,000 Dollars, would be saved or more, then the compulsory vaccination would seem not unjustified. (The expenses of the inhabitants by waiting at the vaccination station, other losses of time and such trouble must also be considered.)

 

   How to estimate a life's value in discussing the vaccination problem?

   In saving aeroplanes, ships, people buried by earthquakes, etc. regularly much more is spent than 100,000 dollars per person, if necessary.       

   In wars it costs - - as I calculated some years ago - - about 30 kilograms of gold to "produce" one dead, a number remarkably constant since the time of Napoleon I, and observed in the Prussian-Danish war of 1964 as well as during the first world war and in other wars.

 

(J.Z.: Desertion: That amount suggests already the possibility of avoiding the killing of a person by bribing him to come over or to at least to consider the possibility of other kinds of settlements than mutual slaughter attempts. To buy the services of the generals on the other side might often be the cheapest option. And if all the people on the other side were offered, instead of gold, all their individual rights and liberties, now suppressed by their own government, then a bribe in gold coins might not even be necessary and corresponding lives and property on the own side might also be spared. Alas, our rulers and their advisors and public opinion are still so ignorant and prejudiced, that military "actions" is still and all too often considered to be the only "solution", with the economic standpoint being altogether ignored, even when the costs, as in the coming-up war with Iraq, are estimated, for the USA alone, to amount already to 200 billion dollars! Do not forgive them for what they are doing to you and others. They do not even know what they are doing - and they are not interested in rightful and rational alternatives at all! - J.Z., 18.2.03.)

 

   One could also calculate in this way: If a worker must, for some reason, perform a work that includes an additional accident risk, so that the probability of a mortal accident is increased by - - say - - 1 o/oo, if statistically observed for a year, the work concerned requires an hour's time and the additional wage is 10 cents, then the contracting parties estimate the man's value (without knowing, that they do estimate it so) at:

   1000 x 8 x 300 x 1/10 = 240,000 Dollars.

 

Here it is supposed, that the worker works 8 hours a day and 300 days a year. A sum of 240,000 Dollars paid if the worker dies by accident within a year is - - a probability of 1/1,000 supposed - - 240 Dollars. If the time is not a year but a fraction of 1/2400 year, that is, an hour, the premium is 240 : 2400 = 10 cents, the premium here really paid.

 

   I think that in practice the extra wages for dangerous jobs correspond to an average worker's life value of about 100,000 Dollars or so. If I would be Berlin's dictator (they should nominate me), I would suppose, in vaccination calculations, a Berlin citizen's life to be at least worth 400,000 Marks, which corresponds to about 100,000 Dollars, in the official quotation.

------------------

 

c.) "The Economic Digest", January 1950. In the article "Germany's Economic Chief, Ludwig Erhard - - Philosopher of Free Trade", several persons are mentioned as now fighting against "dirigism", e.g. Walter Eucken at Freiburg. That Rittershausen is not mentioned is unjust. He has done much more in this fight than all others together.

 

d.) A cutting from the "Times" of 18.I.1950, containing a Labour Party Manifesto, "The Second Five Year Plan".

The party - - of course - - learns nothing from history, also not from that history which passes under the eyes of all.

In East-Germany the ideal of full employment is realised. The Russians rediscovered the secret known to old Egyptian kings, who achieved full employment of the people - - sometimes in useful works like the Nile regulation, sometimes in less useful, as the building of the pyramids. Do not let an adherent of Piazzi Smith read that. They are all fanatic admirers of the pyramid builders. I read in a book of the celebrated Brugsch Pascha - - "Aus dem Morgenlande" - - in what state mathematics was in old Egypt. Ever since, I can no longer admire the old Egyptians, their kings included. To find the surface of a quadrangle, they added two sides and took the half of the sum. Then they multiplied the two half sums. The rule holds good in the case of rectangular quadrangles, but in the case of - - say - - trapezoids, the error may become very great. To measure a triangle, they took the smallest side, divided it by 2 and multiplied it by the half sum of the other sides. From kings that tolerated such atrocities in their mathematical department one cannot expect that they will treat man any better. Plutarch reports that the subjects of Cheops and Chefren swore not to express their names, so that they would be forgotten to posterity, in spite of they pyramids. But some Greek historian delivered their names to posterity. That heaven itself finally became impatient, let frogs rain down and sent other plagues to the country, will be believed by every mathematician and he would confess, that he, if he would have had the power, would have done the same. Insofar, the old stories are quite credible. (Exodus VIII, 2.)

 

   The Egyptians treated their triangles and quadrangles as in totalitarian States things are normally treated. This reminds me of the old story (perhaps also known in England) form tsarist times, when a German general visited his Russian friend. The Russian showed the German his bee hives. The German marvelled at the narrowness of the holes by which the bees flew in and out. "That the bees can pass such a narrow hole!" - "What, said the Russian, that bee - - he must!!!" (Der Bien muss!")

 

   But to return to East Germany: There also a mathematical rule is not recognized, namely the rule: If a pot, filled with wine or simply with water, has been pumped out, the greatest and severest extortions will not show other results than the very rule: From no pot more can be pumped out than has been pumped in beforehand. The Eastern pot is now empty. Until now the taxpayers covered the deficits of the "Volkseigene Betriebe", that is, of the State-owned shops, factories etc. Since papers such as The Economist, Truth and others, do observe the Eastern economy, you will certainly read at the next time what things happened in the East. Russia seems to be in a similar situation. England will perhaps come to it by the second Five Year Plan. But, as the English economy still preserved some fat from the previous capitalist times, when all goods were plentiful, it may require a third or a fourth Five Years Plan to ruin her economy completely.

-----------------

 

   In my next letter I hope to write still something about the Thinker's Digest. The number is extremely interesting.

 

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                    5. II. 1950.  Your letter of 30. I., received 2. II., of 31. I., received 3. II.

 

                        Dear Mr. Meulen,

 

Dr  Runge has published an article on your proposal of Free Banking for Germany, in the daily "Morgen", which is printed at Mannheim. I think he will send you a copy. The article is not bad. I wrote to him, that he must now       continue and deal with the average man's doubts. At least once a month an article of Runge should appear. R. has good connections with the "Morgen", a moral asset of the greatest value.

 

   The Bonn government will protect the West German agriculture against the possibility that its products are not sold. The good intention is to be highly praised, but the means used - -  "protective" duties - - are bad; but they    know no other. Permission to pay for all that peasants want in their own notes (in practice, the notes of agricultural issuing institutes) would be the right means and a very good beginning to introduce the principle of free banking in Germany.

--------------

 

   Your trip to Germany. And already in next March! I wrote to Runge that he must induce you to deliver a lecture e at Heidelberg about Free Banking (the word "Banking" for note-issuing would no longer be understood in Germany, but that's subordinate). I know that you are no friend of lectures, but here you must.

 

   Rittershausen will be extremely glad. I wrote him, too, that he must compel you to deliver a lecture in Frankfurt, in what milieu he must find out. Rittershausen's address has again changed and is now: (16) Frankfurt am Main, Eschersheim, Ebereschenweg 71. (Eberesche = mountain ash.)

 

   I beg you to write, at soon as possible, to the British Information Centre, (1) Berlin-Halensee, 156 Kurfürstendamm and agree with the Centre on a day when you could deliver a lecture at Berlin. Subject - - perhaps - - "Is there room for Free Note Issuing Institutes in Berlin? Who could create them?

 

   I do hope that in March Berlin will not be occupied by the Russians. This second blockade looks like an introduction to such an occupation. The supply is practically stopped. I hoard some victuals.

 

   Where will you lodge in Berlin?

 

   You propose that I come to Heidelberg. That's impossible for several reasons. The first is, that I am a poor unemployed (25.40 West-marks a week) and a ticket to Heidelberg is far beyond my financial horizon. The second is my health is very bad and this for a long, time. At Potsdam, in 1946, I got a touch of typhoid fever from the bad water at that time and even now I still suffer from it. Sit venia verbo: I must always be quite near to a toilet. Also I acquired, some months ago, something that is hardly an asset: A rupture in the groin. I can no longer move much.  The Winter pressed me hard. My nature is that of an inhabitant of the tropics. At a temperature when the normal man begins to unpack his summer clothing (if he has them), I do get chilblains. But in the greatest heat, when normal people get heat-stroke, I begin thawing.

-----------------

 

   Be not surprised that my English for colloquial purposes is zero. If I sit besides English or American soldiers in the town railway, I understand not one word of their talks. Also at the radio (BBC), which is often heard in the streets, I understand nothing.

------------------

 

   (Don't take it for haughtiness if I compare myself with Proudhon: But when he got a fit of cholera - - which seems to be a typhoid fever caused by more energetic bacteria than the usual - - he got for the rest of his life the  same condition that I am in now.)

(If medical doctors were much better in curing at least the great men than they were and possibly still are, then these men would have served us even better. - J.Z., 19.2.03.)

----------------

 

   Paying for German imports.  

 

1.) If Germany is permitted to pay by bills of exchange of German origin - - as she did for centuries - - with a face

     value in Dollars, Pounds, Marks, Taels, etc. as the others prefer,

 

2.) if there is permitted a free market for foreign and domestic exchanges, as existed here for centuries,

 

3.) if all officials now occupied with "controlling" foreign exchange are at once pensioned off (with full salary),

 

4.) if the trade in gold bullion will also be free, as was also the usage for centuries,

 

then Germany can and will pay for her imports and the foreign exporters will not be no less satisfied than they were by German business (which has always been considered as very good) in the year 1913.

 

If even one of these conditions is not fulfilled, then there will be troubles, although their true nature, in these blocked times, will not be found out.

(There are now some astrological monthlies, sold at every news-stand, where it is "clearly" pointed out that the present commercial troubles are caused by the stars. Very many do believe that.)

 

   In the charters of mediaeval commercial guilds was often stated, that the merchant had a legal right to pay all his debts by clearing at one of the great fairs - - Lyon - - Cahors - - Leipzig - - and that the magistrate will not admit a suit against a merchant, in commercial matters, before all possibilities of clearing were exhausted. I found that in the charter of the merchant guilds of Leipzig. It was an excellent law and there is really no reason not to revive it. Such a revival would be nothing than the legalisation of a practice generally introduced.

 

(J.Z.: In normal times. In crisis times all too many creditors claim their legal "right" to demand cash, i.e., precisely when cash payments have become most difficult to impossible, due to the crisis, if it is one of a money shortage [currency famine]. Precisely then an extension of clearing rather than its restriction or by-passing is required - and also additional "cash" in form of competing private or cooperative currencies, all, essentially and likewise, based upon the clearing principle. - J.Z., 19.2.03.)

-----------------

 

Financing of Industry. (Your letter of 30.I.)

 

Sometimes it is possible to grant stocks of  (presently - J.Z.) unsaleable goods - - cotton, sugar, perhaps even coffee and tobacco - - as a loan to industry. It would be better than to throw these goods into the sea, which is now the usual expedient of "experts". Unsold stocks are capital or may be transformed into capital but are not savings.

----------------

 

Inflation. 

 

The elder theory said: Without "Zwangskurs" (cours forcé) no inflation is possible. (The English "Legal Tender"

covers 9/10 of the notion "Zwangskurs". But legal tender is also possible if the paper money need not be taken at its face value. We had that several times in Germany - - "Tresor-Scheine" from 1806 to 1814 - - Paper-mark during the Great Inflation. In a celebrated judgement, pronounced in November 1923, the Reichsgericht said: Every creditor must accept the paper-mark, but not at its face value, insofar as the alteration in the general price level  must be taken into consideration. If - - say - - a man had borrowed 10,000 paper-marks in May 1922, then it would be unjust if the debtor would compel the creditor to be content with 100,000 paper-marks in May 1923. The debtor must pay more but has the right to use the paper-mark as a means of payment. Insofar the paper-mark is legal tender but has no "Zwangskurs". The now existing monetary laws of Western Germany expressly say: Any clause is prohibited from taking care of a real or possible or asserted diminution of the present paper-mark's value. That is the real cours forcé.)

 

(J.Z.: There are many forms of legal tender. I tried to list some but not all of them at the end of my essay on legal tender, which can be found in the appendix to my main website. The 2 major distinctions which B. here mainly discussed is that between money with compulsory value and money with compulsory acceptance. (Zwangswert und Annahmezwang.) A systematic study of all the forms that occurred historically, in all the countries that bothered to introduce such legal fictions and wrongs, would come close to be able to list all the various forms and could indicate, for all these countries, when they were applied and what the consequences were, in each case. Maybe such a study, a worthy subject for a doctor dissertation, would be the best evidence for the close and causal connection between various forms of legal tender, over-issues and inflationary rises of price levels, caused from the monetary side. So far this link is ignored in the vast majority of all economic textbooks. - J.Z., 19.2.03.

 

   Why is no inflation possible without cours forcé? It is not possible because the people - - at first businessmen - - refuse paper-money which is suspected of being into circulation by an over-emission. If the money's value is in a close relation to a real value - - gold (bullion), silver, other metals (tin in Yünan), corn, etc. - - then the over-issue is easily indicated: At the market the paper-money gets a discount. And paper-money, subject to a discount is, refused by employees and in most stores. It is not quite unfit as a means of payment but, generally, it is no longer fit to serve as a universal means of payment. Then firms and sometimes even banks issue certificates to be accepted by themselves at their face value. (In Germany during the Great Inflation, although the laws prohibited such self-help issues.)

 

   This matter is more difficult if the face value is not in relation to a single and real commodity, as is now the case in nearly all (or in all) countries of the world. The words "Pound", "Franc", "Mark", express no real value. A single man, President of the Issue-Monopoly-Institute, or a minister, does, from time to time "regulate" the commercial value of his paper money (while he and the law pretend that it is "our" money! - J.Z., 19.2.03) or tries to. Then, in practice, the effect of his "measures" is zero. If he has increased the quantity, the value sinks and prices rise. Even if an angel from heaven would be in the place of the president, the result would be the same. But there is always a "black" market for foreign exchange, and at this market the depreciation is to be observed. If there would be no cours forcé, then the people would refuse the suspected money. But in practice there is a cours forcé.                                                        

 

   If the depreciation is not caused by an over-emission then always the same happens: All debtors procure for themselves depreciated money (buy it or borrow it) and pay with it to their creditors what they owe. Especially the tax authorities get suddenly all back taxes paid. In other words: As long as the discount persists, there arises a demand for the temporarily depreciated paper-money. By that demand its value is soon is restored. In the 19th

century that has often happened in Germany, where there was no "black" market for paper money but an official market at the exchanges, the greatest of such markets being established at Frankfurt am Main. Paper money had no cours forcé in Germany, except for a short period during the Napoleonic years and in some Thuringian little States, which were of no economical importance. Prussia conducted her wars of 1864, 1866 and 1870 without cours forcé.

 

   When during the first days of the 1870 war the Prussian notes got a discount of 10 % at the open market, the president of Prussian State Bank made known to all debtors of the Bank (in practice all merchants) that, if they would not accept the notes at par, then he would never again discount one bill signed by them. He added, that the acceptance at par did not injure them, because the Prussian Bank accepted, from the merchants, the amount of their debts in these notes, too, and this at par. In a few days the discount of the Prussian notes disappeared.

 

   Wherever no cours forcé is imposed, the greatest and most unwise over-emission cannot produce a real inflation, i.e., one with an increasing general price level.

(Unless a deflation policy follows, these nominal price increases, reckoned in the inflated money, are permanent. - J.Z., 19.2.03.)

Notes get a discount -  - that's all. (And the minister of finance gets a reprimand from the ruler - - as was really the case in old Prussia. The last emperor seems to have been the first Prussian ruler who understood nothing of cours forcé and other monetary affairs.)

(He seemed to have had little understanding of justice, just war-aims and just warfare methods and of international trade as well, and still, my grandfather, who fathered my anarchist father Kurt Zube, still loved the monarchy! Under it, for most of the time and most people, a relative peace had reigned for more than a century. It was ascribed to monarchism rather than to other factors. - J.Z., 18.2.03.)

 

   It is interesting to study in elder financial writings how over-emission worked when there was no cours forcé.  The new theory - - upheld for war purposes in 1914 and after - - that inflation may be produced by other causes than over-emission in connection with the cours forcé, say, by the balance of trade (which was the general view among the (mentally - J.Z.) blocked professors in Germany), by exaggerated wages, by exaggerated profits of employers or merchants, by insufficient savings, by insufficient production, by too much consumption, etc., etc.,

this theory has nothing to do with truth. The mentioned factors may produce a (temporary! - J.Z.) rising of prices, but, although Keynes and (almost! - J.Z.) all others confounded it, rising of prices and inflation are quite different things and declining prices and deflation are no less quite different things.

 

   (J.Z.: Seeing the patience with which real scientists, like Robert Koch, proceeded, he, who undertook about 2,000 experiments before he finally found what he was seeking, the microbe causing tuberculosis, one should imagine that the ten-thousands of "economists" in the world would have managed, by now, at least between them, to closely examine all the supposed "causes" and "definitions" of inflation and deflation and all the features of the actual events of inflations and deflations, including their legal pre-conditions, to come to a scientifically tenable and provable view on all of them. Instead, most of them continue to subscribe to one or the other popular myth, error or prejudice on the subject - and so far these have been too numerous to be counted - and no one seems to have listed them all. At least the beginnings of such surveys could be placed on the Internet, with the standing invitation to help complete them. - Failure to do so has led us, directly or indirectly, to most of the wars, civil wars, revolutions, mass murders and oppressions of the 20th century - and may lead us into another dark century. - J.Z., 19.2.03.)

 

   Inflation is over-issue of paper-money in connection with cours forcé. (And the issue monopoly! If it is the only money then one has to accept it - and price one's goods and labour accordingly. - J.Z., 19.2.03.)

 

   Deflation is a contraction of paper-money, so that the normal trade is in want of means of payment, in connection with a monopoly for paper-money.

 

   These two factors: Cours forcé and note-issue monopoly are to be sharply separated from other factors (good or bad) influencing prices.

The elder theory (especially also in Germany) was well informed on this.

   Rittershausen (I do not speak of myself - - having hardly any possibility to print anything) is now the sole economist in Germany, who upholds the elder theory.

 

(J.Z.: Nevertheless, Hayek managed to call Rittershausen an inflationist! That Beckerath was unable to publish anything in print on monetary matters, after WW II, to his death - with perhaps the exception of a single article on the financing of housing, in an obscure journal - and his writings in my even more obscure PEACE PLANS series, does not say much for freedom of press opportunities for poor people like him, who have not yet explored e.g. their microfilm self-publishing options. Now they and all others have e.g., floppy disk, e-mail, CD-ROM and website options - and still all too many, I believe most, of the important freedom writings remain unpublished or out of print and untranslated! Even Meulen, committed to his own notions on "Free Banking" did not sufficiently open his pages to the much more radical monetary freedom views of Ulrich von Beckerath and managed to destroy the correspondence with B. and all others, under the wrong assumption that everything important in it had already found its way into his "The Individualist". - Oh the self-delusions of even very intelligent and creative people! - J.Z., 19.2.03.)

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

   Runge's method to lower the price level by demanding taxes in notes cannot produce any good: I wrote him about that today. Runge confounds here the possibilities of reducing a discount of notes (price of notes in precious metal)           with the possibilities of reducing the whole price level.

 

   In Prussia, in the year 1815, a law was introduced (before that it was already introduced in Saxonia) that a part of the taxes (if I remember well, 1/2) must be paid in paper-money, and that for each Thaler paid in silver, instead of in paper, a fine of one "Silbergroschen", at that time 1/30th Thaler, later 1/24th Thaler, must be paid. After some time this law was no longer applied because even without that measure the quotation of Prussian paper-money was always at par.

----------------

   In the reports of the famous Guernsey Market Scheme - - as far as I could get reports - - it is not mentioned whether the Guernsey notes were ever at a discount. It was also not mentioned whether there were taxes in arrears.      If a great part of the taxes where in arrears, then a fresh issue of local notes had to enable many or all tax payers to then pay taxes in arrears and the notes thus remained at par.

 

   The little town Wörgl in Tyrol (about 4,000 inhabitants), 20 years ago, proceeded in the same manner as the Guernsey scheme, until the Central Bank of Austria prohibited it. Many persons collected the notes and so helped to finance Wörgl. I dealt with the matter in my dissertation "Must Providing Employment Cost Money?"

-----------------

 

   I do not believe that the price level in Guernsey rose as a consequence of the note issue. Such an effect can only take place when before the note issue there was a serious deflation, in which creditors, including tax collectors, demanded their money in spite of the general want of it. In such a condition prices must decrease because every debtor sells his goods (fast and at emergency sales prices - J.Z., 19.2.03), to get money for his creditors. An issue of notes does then remove deflation and restores the price level to its normal level. That has nothing to do with inflation. In the old reports these circumstances - - as far as I know - - are not dealt with.

-----------------

 

   I did not yet answer your letter of 24.I. I will recover in the next days and beg also to speak about some points of your above-mentioned letters not treated today.

-----------------                                                               Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                      9. II. 1950.

 

Dear Mr. Meulen,

 

   In a former letter I proposed for coins to stamp on every coin the diameter, the thickness, the net weight, the gross weight and the fineness of the precious metal used. From a dissertation: "Die Weltgeld-Idee bis zur Franzoesischen Revolution", by Lucia Dressel, Berlin, 1930, I learn that Gasparo Regiano Scaruffi, in a book printed in 1582 ("L'Alitinonfo") demanded the same in connection with propositions for an international coin. Important ideas very rarely arise only in one head, as may also be seen from the "Simultaneous Discovery" of Lancelot L. White, reprinted in Thinker's Digest, Winter 1949.

--------------

 

   The quoted issue of Thinker's Digest contains an article: "What Is Personalism?" by J. B. Coates. The author treats the publications of several personalists, inter alia Mounier's "Personalist Manifesto" (in French). All personalists are not aware that the right to issue standardised bonds is a right of every person, no less so than the right to freely express one's opinions. The author, Coates, is somewhat surprised that in a later publication: "Qu'est ce que le personalism" Mounier approached Marxism. I am not surprised. A man may be a defender of liberty so sincerely and ardent as any - - if he neglects that fundamental right, then he is lead, logically and unavoidably, to totalitarianism.

-------------

 

   I do regret that the English language does not possess a word equal to the German "Steuerfundation" (literally: "tax-foundation" - J.Z., 19.2.03.), firstly used by Lorenz von Stein, an excellent Austrian economist, in general use for some decades and today forgotten. Only Rittershausen continues to use it. "Steuerfundation" means: Covering the paper-money not by a stock of gold, but by accepting the paper-money at par for taxes. The thing was quite known to W. B. Greene, who speaks about it in "Mutual Banking" and mentions the example of State notes of North Carolina, which for an amount of 400,000 - 500,000 dollars circulated at par with gold and silver, although - - he says - - the sole advantage of the notes was their use as a means of payment to pay State taxes. The revenue of North Carolina at that time was less than 100,000 dollars per annum.

 

(J.Z.: In English this possibility is somewhat indicated e.g., by the term and use of "fiduciary money" and even a bit by "fiat money" but these terms are, usually, not properly defined and shown in their limitations, with a distinction between this money as an exchange medium, an exclusive one, and its paper value standard, and the compulsory acceptance of it as an exchange medium and its compulsory value as a value standard. Nor is it clearly indicated that, while in general circulation a tax-foundation money should be freely rated, i.e., remain refusable and discountable, the issuing centre and the tax authorities should always have to accept it at its face value, seeing that they are their own IOUs. Without sound tax-foundation and as monopoly money, such notes amount, as someonce said, to mere standardised "requisitioning certificates". The gold redemption fanatics usually become aware only of the fact that tax foundation money is usually not redeemable by the issuer in gold coins upon demand and thus they declare such money to be merely "fiat money", i.e., as having no foundation at all but the acceptance command. Consequently, much confusion remains even among those who somewhat talk about "fiduciary" issues of paper money or of "fiat money" by the State. Tax-foundation money using a sound value standard and without compulsory acceptance and compulsory value in general circulation and not being an exclusive currency - can be quite sound, as far as anything that is based on compulsory taxation can be sound. One can envision it also as a subscription money under voluntary taxation, within exterritorially autonomous volunteer communities. As such it could not only be very useful but could also be quite rightful for their voluntary members. - Towards foreign nations or payment communities no currency has ever full "legal tender" powers, no matter how much governments try to give them some such powers by special treaties, e.g., fixing their exchange rate and otherwise attempting to control the us of foreign exchange. During severe deflations and inflations the governmental monetary despotism tends also to find its limits in degrees of effective popular resistance against its commands, e.g. by the issue of gold-weight value notes and other emergency money issues. - For every book advocating at least degrees of monetary freedom there are, probably, a thousand if not several thousand which do take monetary despotism for granted. - That as fundamental aspects of every somewhat advanced economy remain still as little discussed and, therefore, as little clarified, in most minds, even that of famous economists, is one of the many and great scandals of our times - about which those mass media, dealing mainly with scandals, have nothing intelligent to say. -  J.Z., 24.5.03.)

 

Lorenz von Stein estimated that a quantity of State notes, not surpassing about 1/4 to 1/3 of the annual receipts, would be covered by that "Steuerfundation" as well as by a stock of gold coins.

 

   Steuerfundation is the cover of notes by due but not yet paid taxes. If the amount of State notes does not surpass the due taxes (not those due in a year or later). The note is in reality a clearing-cheque that exchanges tax receipts for goods and services.

 

   Steuart says: It is the State's duty to keep his citizens able to pay the taxes by issuing a sufficient quantity of State notes. This doctrine can be generalised:

 

   Everybody, who expects payments is morally obliged to buy the things he wants by freshly issued notes (issued by himself or by a community to which he economically belongs, the community may also be the clientele of a banker), which he is ready to accept at par, when he gets his payment.

 

   The old rule was:

Firstly provide money, then buy.

   The new and right rule must be:

Firstly buy with freshly issued notes and then call in your outstanding debts, accepting the freshly issued

notes as a means of payment.

 

Every man should be in the position of a creditor.

 

(J.Z.: The last sentence is written as B. added it. Its meaning in this connection escapes me. We are all alternatively or simultaneously creditors and debtors, have incomes we are entitled to and spend them for what we buy. -

I would rather say: Every man should be in the position of an issuer and an acceptor of notes. Perhaps that is what B. meant to say but sometimes the typing fingers get the wrong signal and B., obviously, did not do close proof-reading, either, for lack of time or energy. - J.Z., 19.2.03.)

 

                                                Very faithfully yours - signed: U. v. Beckerath.

 

(Postscriptum, on the reverse. - J.Z.)

   The old rule was at its place as long as coins were the main means of payment. It could be taken as good as notes were believed to be money-orders. It is no longer good there, where clearing is the normal form for commercial inter-communication. Here coins are an "Ersatz" for notes. In the old view notes are an "Ersatz" for coins. The old view does no longer hold good. 

Signed: Bth.

-----------------------------------------------------------------------------------------------------------------------------------------

 

U. v. Beckerath, …                                                       9. II. 50.  Your letter of 4. II., received 8. II. 50.

 

Dear Mr. Meulen,

 

Before the Fuchs-Trial everybody would have said: Such things are impossible in England. Perhaps still more is possible there. Let me direct your attention to the following facts:

 

1.) During the blockade it was impossible to get 5 tons daily reserved for postal purposes among the more than 6,000 tons daily transported by the air-lift, except during the last days of the blockade. All letters to Berlin - - if they were not marked as "Durch Luftpost" (Via Airmail - J.Z.) were sent by railway, which practically meant: The Russians could read them if they liked. Letters from London were, in every case (as I learnt from you) sent by railway, even if marked by "By air-mail".

 

2.) From time to time it is observed at the German station Hof in Bavaria, that transports of letters pass Hof and from there go through the Russian Zone. The letters, take the same route as if they had been sent at normal times. But at present that should not be the point of view. Letter senders from one town of the Bi-Zone to another trust that their letters are not sent so that they pass through the Russian Zone. The German post does not care about that. (Or may be, it made sure that they do? After all, the post office is an ancient State-socialist institution and its managers and employees have, mostly, a corresponding mentality. - J.Z., 19.2.03.)

 

3.) Also now, although there is opportunity enough to send letters directly from England to Berlin by aeroplanes and, vice versa, from Berlin to England, it is not permitted, and this fact is not published in England. All must pass the Russian Zone.

------------------

 

   I regret that a man like de Courcy did not yet get information about these facts. He has probably knowledge of  other facts which, in connection with the above-mentioned ones, would give rise to some suspicions.

 

4.) Your military visa. Although it is not your intention to visit the Russian Zone and would avoid every passing of that Zone by travelling in an aeroplane, a Russian Visa is required. By Visa the Russians know that you visited Berlin. By that procedure they also know of all the other visitors.

----------------

 

   In Western Germany about 3 % of the voters are pro-communists. Among the postal officials the percentage will be about the same. (At least! The trade union mentality among these "public servants" is usually very strong and has the usual limitations and preferences. - J.Z., 24.5.03.) One can guess that among 100 pro-communists there is at least one activist, who, with the help of some money and bacon-parcels does all what the communist leaders demand.

----------------

 

                                    Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                          10. II. 50.

 

Dear Mr. Meulen,

 

   on February 6th I received by your kindness:

1.) Economist, 21. I. 50,

2.) Truth, 27. I. 50,

3.) The Scots Independent, January 1950,

4.) City Press, 6.I., 13.I. 1950,

5.) The Weekly Register, No. 1 and 2., 1950.

---------------------

 

   The Scots Independent contains in every line the contrary of what it should contain if Mr. Gibson would have fully appreciated your article. Mr. Gibson is not aware: That party wins which controls the country's means of payment. The London government controls them now and - - that is the point - - Mr. Gibson and his adherents don't have the ambition to bestow the control to the Scottish people, that means, in this case, to every Scot who thinks himself able and desires contributing to supply Scotland with means of payment - - just as it was in the times  of Adam Smith. The occasion for Mr. Gibson was unique. He could have become, for Scotland, what in Chinese old mystical history Yao and Shun were for China.

 

   His movement is now much less serious than that of some African tribes which try to get "independence", the word taken in an African sense. From "Truth" I see that the leaders already entered into communication with Moscow. That the Dr. Kwame Nkruma has been arrested helps the new movement more than it checks it.

 

   Weekly-Register. That's an astonishing paper. Cobbet Tradition - - a very good thing!!! But what I miss, that is an article - -  pro or con - - about the individual's right to offer everyone his goods or his labour or his claims - in form of bonds (cheques, etc.), standardised like money is and to accept such bonds from others.

 

The article "Devaluation" by S. Sagar, Nr. 1, page 6, speaks of several important things but not of devaluation. My impression is: The author understands nothing of that part of monetary theory, which a follower of Cobbet should understand and fully understand! "Was nicht ist kann werden!" is the German saying. (What isn't may become! - J.Z.)

----------------------

 

   If Truth would discuss the above stated question, it would stand at the first place of all papers in the world. In no other paper - - the "Individualist" excluded - - have I found more good old common sense.

----------------------

 

  Here included a little collection of definitions of inflation. (See below! - J.Z.)

 

   That English economic science does represent inflation in such a false light and that the English economic language does not possess a word exactly corresponding to the German "Zwangskurs" or the French "Cours forcé" is a real disaster.

(In Germany the term exists but its meaning and consequence are not comprehended, either! - J.Z., 19.2.03.) ("Legal Tender" means "Annahmezwang" in German and "Cours légal" in French. About 15 years ago I could state that in a correspondence with the professor Buriot-Darseiles at Moulins (Charente inférieure), an excellent man and one who wrote German at least as well as I do.

 

   The right definition of inflation was often expressed in the years from 1919 - 1923:

 

Inflation is the creating of fiat money (that is money endowed with cours forcé) without imposing, at the same time, and for the same amount, taxes on that part of the community receiving directly or indirectly the fiat money, whereby it may be expected that the taxes are paid with the fiat money.

(Put into bold letters by me. - J.Z.)

 

   Jevons, who, in his "Theory of Political Economy", gave the notion of a Trading Body ("Handelskoerper"), would perhaps have said:

  

Inflation means buying with newly created fiat money from a trading body without taxing that trading body for an equal amount, the taxes being payable or expected to be paid in fiat money and without delay. (Put in bold letters by me. - J.Z.)

 

   So defined an inflation-free issue of paper-money is a clearing between the government and the taxpayer and also a clearing between the government (the buyer) and the owners of the bought goods and, further, a clearing between the owners of goods (they sell not all to the government) and other owners of other goods.

 

   At no stage of the circulation process arises a granting of a loan to the government, although the usual (and false) notion is that every issue of a paper money is a loan which the government raised from the public and for the issued amount. The whole process remains a clearing between the owners of goods. The government, in the here considered case, is an owner, too. Its goods are the tax receipts. That the tax receipts are not voluntarily bought is not essential. (In this context. Their sale is rather enforced and thus assured. - J.Z., 19.2.03.)

 

   If taxation remains behind the issue of paper-money, then that part of the purchasing power, which corresponds to the difference of freshly issued money and new imposed taxes, payable without delay, is directed to other goods than tax receipts and thus increases the prices of these goods.

  

   If, at the time when the paper money is issued, there exists a tendency of sinking prices, that tendency is diminished by issuing paper-money in a smaller (Usually, in a real deflation case: "larger"! But here he seems to discuss a special case. - J.Z., 19.2.03.) amount than is "covered" by newly imposed and due taxes. (Not taxes due in a year or so.)  The effect may be that prices, in spite of inflation, continue sinking, although less than they would have sunk without the inflation. It is admitted, that there are few examples for this, but they do exist. That's important, insofar as the generally supposed symptom of real inflation, that is, an increase of the price level, must not necessarily be the consequence of inflation. In the years 1920 and 1921 it happened in Germany, several times, that the government issued fresh notes to prevent the general price level from sinking. And, really, the government kept the price level pretty stable (for several months).

 

(J.Z.: Then and there the inflated prices may have sunk only from excess prices, that had been racing ahead of the actual note printing, in expectation of a fast further inflation, down towards those prices, which actually would correspond to the existing note circulation. Issuing then notes to prevent that sinking of the price level meant, in effect, further inflation up to the level of the exaggerated prices and "stabilising" the price level there! - Anyhow, that is how I understand that phenomenon and relationship at present. Has anyone a better explanation? - Incredible as it sounds to us, there were then still people hoarding the inflated paper money. Beckerath, in one of his railway travels at the time, he did not give me year and month, encountered a well-dressed gentleman with several very heavy suitcases. They came to talk and B. gained the man's confidence. That man was actually a mayor of one of the larger cities of Germany. Maybe Goerlitz. Finally that gentleman told B. in confidence: See these suitcases: They are full of paper money printed in previous years. I do know, that together with all the freshly printed paper money, they have very much fallen in value. But, one day, they will rise again! And then I will be a very rich man! - It is not impossible that this was not a very exceptional case. In periods when this inflation slowed down, as it did, sometimes, for a while, many others may have shared his opinion and might have similarly hoarded notes, which would have had a deflationary effect upon the price level. One thing is certain: The minds of most people, even of "experts", were then and there very much confused on the whole subject. Even now they are. Many held then that "foreign speculators" drove down the value of the paper-Mark. So, as "good Germans", these people may have attempted to speculate upon its rise, "supporting the German Mark", by holding on to many of these notes and hoping to profit thereby. In times of wars, revolutions, inflations and deflations many people are quite capable of quite irrational thoughts and actions. - J.Z., 19.2.03.)

 

   If the issued paper money is not endowed with cours forcé, then things go in a different way. Businessmen observe the influx of fresh notes and observe it before others observe it as well. They are not so blocked as not to know what that influx means and so try to get other means of payment than domestic notes. First they ask for gold money or notes at par with gold or at a stable value relation to gold. But that does not remain secret. In a few days the whole people knows: a part of us expects a depreciation of the notes. Effect: The acceptance of the notes is widely refused.

 

   If then the government imposes new taxes or increases the previously imposed ones, the taxpayers buy at the exchange notes for (say) 90% and on the next day they pay their taxes. At the counter of the tax offices the notes are taken at par, so that the taxpayer wins 1/9th.  By the now arising demand the value of the notes rises quickly and in a few days parity or the old note value is restored (in general circulation - J.Z.).

In all cases the public ascribes that to an increasing trust in the government, although the increase in value is the natural effect of the increased demand. But the cases where notes without a cours forcé were issued are rare and all happened many decades ago. That should not prevent scientific economists from always distinguishing notes endowed with cours forcé from those without it.

 

   Hammering into the heads: "Inflation is impossible without cours forcé!"- must be the next step after some economists are convinced. (Bold lettering by me. - J.Z.)

 

   As long as people sincerely believe: "Inflation is also possible without cours forcé and merely by over-issue, then Free Banking is psychologically impossible. The general opinion is then like this:

   For private bankers and other private issuers there exists always a temptation to issue to excess. How can one control them and stop the issues at the right moment? That is practically impossible. This admitted, a money-monopoly of the State is, obviously, the lesser evil.

   I think you will have heard this objection as often as I heard it. There is only one possibility to answer it successfully: State the truth, that in the absence of cours forcé there exists an automatism in every system of issue that checks inflation at the right moment (really moment, and certainly at the right day), and that the liberty to evaluate notes (by refusals or discounts! - J.Z.) is that automatism. And then give examples, always examples! A "matter-of-fact-nation", as Schopenhauer called the English. (As a boy he lived several years in England, quite forgot there his German and had to learn it again when he returned to Germany. Then, for his whole life, he spoke and wrote English as well as German.) Englishmen are susceptible to examples and truth and facts are well chosen weapons in such a nation in fights between ideas.

----------------

 

   That trust must - - inter alia - - be one element in the business of note-issues, that is clear. But trust (the word                    taken in its usual, popular sense) is not sufficient. It must be supplemented by the liberty to distrust at any moment, to any extent and for any duration. Moreover, the occasion to manifest distrust (in the banker, in the politicians, in "heaven", in all that a man can distrust) must always be at hand. The Exchange must publish at every minute the state of trust and distrust and invite everybody to trust and distrust here at the own expense and risk. The latter being essential, so that the people quickly learn to ascribe to paper money, notes, etc. their real value, as they did for so many decades, as long as notes were free from cours forcé.

 

Let me mention here that in Germany and before 1870 the Exchange of Frankfurt am Main was the place where notes were evaluated. Everybody, who distrusted a note or a State note, had there an opportunity to offer the note at the price which he himself believed to be just and had also the right to demand notes for the price he believed just. If - - to give an example - - the man offered for 100 Thalers notes of a bank at a discount of 10% (that is, he offered 100 Thalers paper for 90 Thalers in silver) and found in - - say - - one week no buyer, that event was discussed at the Exchange, it was discussed in the papers, and the question arose: Why is there no man to be found who profits from the opportunity to win the discount? Is there nobody who owes the bank 100 Thalers? Why does this debtor not buy the notes, pay his debt or part of his debt and earn the discount? And after a week or so: Really, there does not seem to exist such a debtor: Obviously, the bank granted long-term loans in its notes, and a debtor of a long-term loan is, of course, interested in the quotation of bank notes only at the date when he must pay the interest and the agreed-upon fraction for the repayment of the loan.

   Such discussions did not arise in the whole world for decades.

   Free Banking requires such discussions.

 

   It is true: The prescription for every issuer of notes to keep ready a find in silver to redeem his notes at par, did prevent, in many cases of distrust, such discussions, where they would have been necessary. But many businessmen know well that if an issuer is really not willing to redeem, then he finds ways and means to delay redemption as long as he thinks fit.

----------------

 

   If it were possible to explain the note theory as simply as - - say - - the Copernican Theory may today be explained, then the money monopoly could no longer be maintained. But at the present stage of history the functioning of means of payment without cours forcé seems to be a most complicated matter, just like the contemporaries of Columbus found the theory, of the earth being a sphere, most complicated and hardly comprehensible.

   Rittershausen said to me:

He, who represents the money theory in a manner that average people will understand, would, perhaps, do a greater work than Copernicus did. (Put into "bold" by me. - J.Z.)

-------------------

 

(Another start-up option for Free Banking, in a nutshell, follows. - J.Z., 20.2.03.)

 

   The way of least resistance, at the moment, seems to me: Creating notes in denominations of 10, 25, 50 and 100 Pounds or so, or the corresponding amounts in other currencies, issued by factories or wholesalers, used as means of payment in external trade, quoted daily at the Exchange, and of a kind that their redemption can only be demanded in the way that the note holder can buy goods at the issuer or pays debts to him. (The issuer is free to redeem the notes in gold or other currency, if he possesses them and is willing to use them for redemption purposes.)

The Dollar-scarcity becoming more and more a world problem, the necessity of replacing Dollars as a means of payment in external trade by other means no less valuable and honest, also taking into consideration, that the Dollar-scarcity is not an economic problem but merely a problem of bureaucracy, stupidity and oppression, the replacement of USA-Dollar-Cheques as means of payment by "Milhaud-Pounds" seems today not impossible.

 

   The first step being taken, the others are not so difficult; the last being to use bonds of small denominations as means of payment for wage payment purposes.

 

   Please estimate, as a business man: Here is a bond, on which is written:

 

"At the shop ……… in London (address) this bond is taken as means of payment at par if one buys there (shoes, paper, books, instruments, etc.) for the face value of the bond (say) 50 Pounds, at least, or pays debts at the shop. The validity of the bond expires at 31. XII. 1955.

 

(J.Z.: The term "bond" rather than "note" or bank note or paper money makes clearer the nature of such issues, as obliging the issuer rather than the acceptor. The acceptor is offered with the bond a claim which an honest debtor and issuer can always fulfil, independent of the mint, a bank or a central bank, namely by offering his goods or services in exchange or his bond as a means of payment for debts owed to him. The tragic aspect of this letter exchange is that B. never got that message across to that advocate of "free" banking! - He also failed with his information against Malthusianism. Even libertarians and Stirner followers do have their "fixed ideas". - J.Z., 20.2.03.)

 

   Take for granted, that at the Exchanges, where the bond is offered, every visitor is convinced that there is no swindle, and that the owner of the bond may really use it as a means of payment in this shop as well as the usual currency. What will then be the discount of the bond - - at Montreal, at Shanghai (in normal times), at Rangoon, at Berlin, at Rome, etc.? That the bond will not be sold at par is certain. But will the discount be more than - - say - - 2 % ??? And if so - - why?

   You know that 2 % is a large margin in wholesale trade. (Provided it is not over-burdened with taxes! - J.Z., 20.2.03.) In the corn trade, I read some years ago in the "Manchester Guardian", the margin is usually about 2 % for the wholesaler.

--------------

 

   In turning over the leaves of Keynes: "The General Theory of Employment etc." I found:

The whole theory is built on the supposition that private notes do not play any role in the economy and that even clearing plays no essential role (although already 100 years ago about 99 % of all transactions were made by clearing). Keynes is occupied only with one kind of money: The State's monopoly money. His Theory breaks completely down if freely issued notes are introduced into a really general theory. Keynes does not provide this theory. It seems that until now no critic noticed that incompleteness of Keynes' theory.

(J.Z.: Why bother with facts when you have a seemingly beautiful and very plausible and simple theory, one which most of the "experts" quite readily accept, just like the man in the street? - J.Z., 20.2.03.)

---------------

                                                Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

Copied from various sources:

 

What is the meaning of inflation?

 

1.) The Columbia Encyclopaedia, article: "Inflation and deflation".

"In economics, inflation is the increase of the circulating currency beyond the needs of trade, and deflation is the opposite."

 

2.) Encyclopedia Americana, 1946 edition, article "Inflation" by Thomas L. Kibler, professor of economics, Ohio State University:

"The value of money is measured by its power to command goods and services in exchange. If this value, or purchasing power, shows a persistent tendency to decline in terms of goods, as compared with a previous average or norm, the trend is described as inflationary and in the market by rising prices. If the price-rise persists and becomes significant, the situation resulting is referred to as inflation.

The reverse phenomenon is described as deflation. Thus in external form, inflation and deflation are manifestations of changes in the relation between money and goods. …

As contrasted with mere price fluctuations and adjustments, the term inflation is used to describe a dynamic and continuous upward trend of the price level.  …"

 

3.) Encyclopaedia Britannica, 1947 edition, article "Inflation and Deflation" by Sir Theodor E. G. Gregory, Economic Adviser to the Government of India, 1938:

"If we define inflation as an abnormal increase in the quantity of purchasing power, and deflation as an abnormal decrease in the quantity of purchasing power, the first issue which arises is: under what technical conditions are inflation and deflation respectively possible? …"

 

4.) "American Economic Problems", War Department Educational Manual, EM 221. By S. Howard Patterson, A. W. Selwyn Little and Henry Reed Burch. Printed 1941.

Page 194: "The practice of issuing an excessive amount of paper money or of extending an excessive amount of bank credit is called inflation.

Deflation is the opposite of inflation. it is a serious decline in the general price level, due to a decrease in the quantity of money, to a restriction of credit, or to an increase of goods.

Reflation is a deliberate attempt at a modest amount of inflation to restore the general price level to the point where it was before inflation set in. …

 

"5.) "Banking", by Walter Leaf, Litt D., D. Litt., Chairman of Westminster Bank Limited, etc., London, Williams & Norgate, 1926, "The Home University Library of Modern Knowledge", vol. 124, page 27:

"… a fiduciary currency can be expanded at will to meet the needs of commerce and industry. The great danger of it is the ease with which it can be used for artificial inflation, that is, an increase of credit beyond what is needed for the normal conduct of business."

 

6.) John Maynard Keynes, "The General Theory of Employment, Interest and Money", impression of 1949, page 118/119:

"When full employment is reached, any attempt to increase investment still further will set up a tendency in money-prices to rise without limit, irrespective of the marginal propensity to consume; i.e. we shall have reached a state of true inflation."

Page 303: "When a further increase in the quantity of effective demand produces no further increase in output and entirely spends itself on an increase in the cost-unit fully proportionate to the increase in effective demand, we have reached a condition which might be appropriately designated as one of true inflation.

                                                                                                                                            Bth., 9. II. 1950.

___________________________________________________________________________________________

 

U. v. Beckerath, …                                                      11. II. 1950.  Your letter of 8. II. 50., just received,

                                                                                                          Your letter of 4. II. 50., received 8. II. 50.

                        Dear Mr. Meulen,

 

today no more than a short confirmation of receipt.

 

   I thank you very much for your kind offer to pay for me a voyage to the West. I am very sorry, that I cannot accept it, inter alia because my health does not permit me such a long voyage.

----------------

 

   You are right: Treating serious matters briefly is practically impossible - - the main check to every progress, Free Banking included.

----------------

 

   Runge's Method.  Firstly, it should be calculated: How much does the government spend in notes and how much does it pay by clearing or cheques? Possibly the latter part is the greater. Should that be the case (and I believe it is), then the government says: What shall I do with the many notes, received by the tax collectors? It must, as soon as possible, bring the notes to the banks and from there the notes go to business men and at leas a part of the deflationary tendency, produced by Runge's method, is counter-balanced.

In no case can the effect of Runge's method be that the price level sinks considerably.

 

(J.Z.: Well, intentional credit restrictions and deflations have happened, usually with disastrous results. Not all, if any, economic processes are painlessly reversible. To take a very simple analogy: It is easy to squeeze out a toothpaste tube. But then try to refill it again, without special equipment! Or, if you have had the misfortune to have driven over a person, killing him, then reversing the car over him will not bring him to life again. Or, try to reverse the growth of a baby - or of your own belly! - J.Z., 20.2.03.)

 

It must also be considered, that prices in West-Germany - - counted in gold - - are already very low. That house wives and all other consumers demand a further lowering is not yet a sufficient reason to believe a further lowering to be justified.

If Runge would say: I wish that butt49 would cost only so and so much, bread, clothing, etc., so and so much. Then the butter-dealer would - - of course - - at once say: Certainly, all prices that I must pay ought to be reduced, but the butter-price, that's another matter, etc. Then the dealer's arguments must be investigated.

 

   Count in gold, let competition work and Free Banking, too, then the right price of every product will be paid and can be paid - - that's my method.

--------------------

 

   Lectures.  There are many people in Heidelberg, in Frankfurt and other places, who do understand enough English to hear your lecture. A lecture delivered by an Englishman would be accepted with the most favourable prejudices. If a German speaks, then the first thought of the listeners is: Very probably he is a blockhead, just like we are. Why should it be otherwise?

-------------------

 

   Paying for German imports.   Certainly, Germany could pay for her imports, but the right methods of paying must be permitted or enforced. A beginning has been made: Imports from Denmark can now be paid in German marks.

   The possibility to pay for her imports has not much to do with the stand of production compared with 1936. I cannot believe that now 93 % are produced of what was produced in 1936 - - more than 50% of Germany's plant being destroyed by the war and by the dismantlings. (Demontagen - Recovery in West Berlin was much slower than in West Germany and in East Berlin and in East Germany very much slower than in West-Berlin. - J.Z., 20.2.03.)

   I hope to say still something about this matter in one of my next letters.

------------------

 

   The effects of the Wörgl-experiment are generally judged by the quasi-logical principle: "post hoc ergo propter hoc". I spoke about the matter in my book about unemployment.

------------------

 

   The party programs you are kind enough to send to me, are real catastrophes. The Labour Party Program - - as bad as it is - - is much better worked out.

   The Parties think, that important reforms are possible without Free Banking and Free Trade. Political leaders with such errors in their brains cannot possibly produced programs of any value.

------------------

 

   Treating letters by the post. The German post forms big parcels of the letters, cords the parcels with wire (probably with machines for that purpose) and by that procedure the letters differing in the least from the usual small size are damaged. There is only one real help: 25 on the ….. of every official who damages a letter. In a new constitution, which I would like to frame, a paragraph to secure letters by the old oriental method will be included.

-----------------

                                    Very faithfully Yours - signed: U. v. Beckerath

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                                  12. II. 1950.

 

                        Dear Mr. Meulen,

 

yesterday I received:

1.) The New Statesman and Nation, of 21. I. and 27. I.,

2.) The Thinker's Digest, Summer 1949,

3.) The Economic Digest, February 1950,

4.) Backstreet Surgery,

5.) Diphteria Immunisation,

6.) City Press of 27. I. 50.

 

Many thanks. The papers are so interesting that I am tempted to set aside all other things and for 2 or 3 days do nothing than read these papers.

 

   Opening your mailing, I found at first sight the news that the Philippine Government permits gold mines to sell 75 % of their output on the open market. The realise price was 57 dollars an ounce. If that price could be regarded as not artificial or influenced by great but temporary influences (the demand from China seems to be such an influence), I would derive from that price a value of 36 old Gold-Pfennig for the devalued West-Mark. The calculation is thus:

             1 West-Mark legally   = 0.238 Dollars,

             1 Troy-ounce              = 57      Dollars,

             1 Troy-ounce              = 31.101 grams,

1,000 grams fine gold, legally = 2790 old Gold-Mark.

 

1 West-Mark = 31.101 x 0.238 x 2790 x 100      =  36 old Gold-Pfennig.

                               1,000 x 57

 

The fraction may be written:  2065    = 36.

                                                  57

 

More generally is:           2065                     = the value of 1 West-mark in old Gold-Pfennig.

                                Dollar price per ounce

 

   It is difficult to estimate the influence of China's demand. But at a time, when all communications were still open - - a year or so ago - - a price of 70 and more Dollars was reported. That price was generally considered as over-estimated and produced by China's urgent demand. But 57 Dollars is, probably (in my opinion), not very far from the "real" price of gold, that means, the price which would be quoted if the market would not be influenced by                                                  war, civil war, and such conditions. I estimate: 50 Dollars would be the "true" price (pretty approximately).  2065: 50 =41.

 

   Counted in old Gold-Pfennig, the price level in West-Germany and in Berlin is low and - - I estimate - - lower than it was 1913.

 

   I think the old Gold-Pfennig to be a good measure of value, because I am a believer in Adam Smith's doctrine: If a commodity X requires Y days of labour to be produced, and an ounce of gold requires Y days of labour too, then in the long run the commodity X will be sold for an ounce of gold. The doctrine was - - as a self-evident one - - acknowledged by all economists from Smith to Marx. The latter took it repeatedly as a good example to demonstrate his doctrine, that labour is that what constitutes value. Jevons corrected that doctrine by stating: Not the spent labour constitutes the value but the expected quantity of labour to get the valuated thing.                                 

 

   The difference is of the greatest importance, and I regret that Jevons, unrivalled in style and exactness, did not represent all consequences, although he certainly saw them.

If Marx would here have been in the right (he meant the spent quantity of labour) then the "Labour-Money" of State-socialists would be a good and just money. But if the element of "expectation" is essential, then no money can be considered as good and just, if it is not constantly exposed to a free market, where the expectation of all people interested in the value of money does act.

 

(J.Z.: Regarding the value relationship between an ounce of gold and the labour hours required to produce it: I would assume that advanced tools and automated gold mining equipment would have had an influence upon that relationship, even if one takes into account that these tools and machines also constitute labour done in advance, including that for mining and processing e.g. the iron and steel for them. If they hadn't saved labour, then there would hardly have been any sense in employing such tools and machines. To that extent the relationship between a gold weight and labour hours should have been changed. But on the other hand: Advanced tools and automated equipment have also increased the productivity of an hour of skilled labour, and thereby its wages, in all other spheres. That fact may balance matters again. - J.Z., 20.2.03.)

 

   From the Marxist concept (which, although erroneous, is by no means unscientific) follows, that the government must measure by scientific methods the quantity of labour contained in all goods, firstly to justly compensate the producer and secondly to fix a just price for the consumer. It follows, too, that the money market - - here being obviously a disturbing influence - - should be suppressed.

 

   From Jevons' concept follows that the first thing to get an honest value is to expose money to the money market. The opinion of scientists and experts about the value of goods is then merely one of the acting influences, and will in most cases be an important one and sometimes a deciding one, provided it is generally known.

 

   The premature death of Jevons (who died at the age of 47, when many celebrated men began to write) was a disaster for science and revolution, this word taken in the sense of Tucker.

 

   Let me add, that Adam Smith did not yet distinguish between spent and expected labour and insofar one cannot say: he was in the wrong. His theory simply was not developed enough.

   In a society neither progressing nor regressing, the Marxian value and the Jevons-value coincide. But such a society is practically and theoretically impossible.

------------------

 

   Vaccination, Immunisation.  I agree with you completely that if by Free Banking and Free Trade the people's               situation was improved, then children and adults, very probably, would come to posses more natural resistance than can be achieved by vaccination and immunisation. Should it even be possible to strengthen that force by vaccination and immunisation, then these advantages would be counterbalanced by the disadvantage that government interference has in matters where many of the best and most enlightened citizens are of the opinion that it should not interfere, such an interference being "ultra vires" of a democratic government. But if parents wish to vaccinate their children, then they should have the right to do so. May the adherents of vaccination and the adversaries lay their arguments before the public. Truth will win in the long run.

 

   Another thing is that injections doing no harm for the first time of application, may be deadly if applied a second time. Some decades ago that was observed in Germany and a theory, which I am inclined to believe, just was worked out to explain the phenomenon.

 

   Did you read Rider Haggard's "She"? I read it about 50 years ago and was delighted. (Some weeks ago I found the book in a shop and read again some pages. I still found it very nice.) In one of the last chapters queen "She" applies a water by the use of which she gets constant youth, more than 2,000 years ago. But applied for the second time the water acts in the opposite direction - - a quality which "She" did not know before. She grows old within a few minutes, passes quickly the stage of an age of 100 years, becomes a mummy, which lives for a few minutes and then a real mummy as dead as others. The story is reported as happening near Zimbabwe in South Africa, where really strange events happened in old times and perhaps still happen. (Machiavelli, who certainly knew nothing of the Chinese Foong Shooee (or however it may be written in English) says: Experience proves that the same soil always produces the same events, so singular these events may seem.) The experience of "She" is exactly what modern biology (at least the German) asserts to be true of protective injections. Poets are prophets.

(That is a remark to the pamphlet "Diphteria Immunisation", where the author says: He sees no reason why an injection should act so differently if applied a second time. A scientist respects facts, even if he cannot explain them.)

-----------------

 

   During the American Civil War some Southern fanatics tried to spread yellow fever in Northern districts and in Northern regiments. They sent clothing, infected at new Orleans and other towns, where the infectious yellow fever is always abundant - - even when more useful things are not abundant - - with yellow fever bacteria, to adherents in the North. The recipients sent the clothing by parcels, with invented addresses for the sender, to people in districts like the slums of New York and sent them to soldiers as presents. What happened? Nothing! As bad as the sanitary conditions were at that time in the army and among the civilians, they were good enough to protect them against the yellow fever. (In the North!)

   This attempt would never have become known if, many years after the Civil War, someone involved had not spoken about it. Suppose that the attempt would have been betrayed before the parcels arrived. Perhaps Lincoln would then have ordered the whole people to be vaccinated. Then it would have been "observed", that really not a single case of yellow fever occurred. Triumph of vaccination!

-----------------

 

   In "Thinker's Digest" of Winter 1949, John Dewey, in his article "Does Human Nature Change?" says:

   "… The savage, living in a primitive society, comes nearer to being a purely 'natural' human being than does a civilised man."

   Although here proof or refutation are not possible, I must say, that I do here agree with a theory common about 100 years ago among German Ethnologists (and probably among others as well). That theory (Schopenhauer was

an adherent) says: Culture is for mankind as natural as breathing and eating, as building "dams" for beavers, as making nests for fowls and cobwebs for spiders. Culture should not be confounded with technique, but even technique sometimes seems to grow in human minds as feathers grow on birds. Remember the boomerang, the African "drum language" (which until now no European could learn) and the art of producing certain sounds which paralyse every man who hears them. (I read of such sounds in an old report, given by Leif, the Norman-Greenland conqueror, when he had fights with the inhabitants of Massachusetts (or Delaware) some centuries before Columbus. The learned editor said that the art of producing such sounds is not yet quite lost among the American natives.)

   It is also known that Australian Aboriginal marriage laws are so complicated that only few European scientists learn them, but they are effective to avoid inbreeding in small tribes.

   Being cultural belongs to man's very nature, says the old theory.

 

(J.Z.: I remember reading somewhere in Roscher some facts on tests between the physical strength of natives, supposedly living the natural and healthy life and sailors and traders, supposedly living an unnatural life. In all these contests the "civilised" and unnatural "whites" came off much better, as a rule. - J.Z., 20.2.03.)

-------------------

   On some other points I hope to say some words in later letters.

------------------

                                                Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                  18. II. 1950. Your letter of 16. II., just  received.

 

Dear Mr. Meulen,

 

I did not yet fully reply to some of your letters. I do hope to catch up in the next days, the cold now being now much diminished.

 

   Your visit. If I would know when you come, I would make some preparations for a lecture at the British Information Centre, Berlin-Halenesee, Kurfuerstendamm 156. Then you must deliver there a lecture. Consider that all great movements in the world began with lectures. Christendom, Islam, Fascism, the Act of 1844, and others of less importance. And Free Banking should renounce lectures?????????

 

   Scotland, Independence.  A movement with the aim of independence for Scotland, without considering her monetary independence, does not deserve the name of a movement. And it Gibson united all inhabitants

of Scotland but without insisting on Free Banking for Scotland, then his movement is of less importance than any Scotch society for the amusement of its members.

   People, who pretend to be Individualists and do not acknowledge the Individual's right to offer his labour in the form of freely issued notes, are no true Individualists. Insofar I say: You did not loose them.

--------------------

 

   Weekly Register. Catholics - - astonishing!!! But my first impression was not the best. I asked some of my Catholic friends: Why do you not insist on your pope's demand in the Encyclica Quadragesimo Anno", that the State should not do for the Individual what Individuals can do for themselves? Why do you not apply this doctrine to note-issuing? Of course: they did not answer.

   But they are not quite wrong: The Free Banking idea blows up, together with many other old Isms, also old Catholicism and replaces it by a quite new one. I think you know the Catholic "Modernism", which starts from Kant. (Abbé Loisy in France, Schell in Germany and others. The movement is now extinguished, but I think it merely became subterranean.)

---------------------

 

   Truth. Is insofar excused, as it would be lead by the logic of Free Banking to an extreme revolutionary movement, and of that the editor has a presentiment. But, as the German saying goes: "Was nicht ist, kann werden." (What does not yet exist can, nevertheless, develop. - J.Z.)

 

   Zwangskurs.  I hope to enter into more details than I can today in one of my next letters.

 

   Annahmezwang. Example of Annahmezwang, without cours forcé:

The government permits quoting the value of the paper every day at the Exchange, with the value expressed in gold units (gold-marks, ounces, etc.). But the government says: While nobody has the right to decline the paper money as a means of payment, nobody is obliged to take the paper money at its face when, at the Exchange, a discount is quoted. In such a case it need only be taken at its exchange- value. Thus, if a landlord says: Pay a gold coin or pay

a greater nominal value in paper, when at the exchange the paper is at a discount of 15 %, then the landlord is in the right. I beg to refer you to page 106 of "Free Banking".

At the time, when Lord King issued his circular to his tenants, the English Paper Money had, in the opinion of Lord King "Annahmezwang" but not cours forcé.

And really, a special law must be enacted to endow the notes with cours forcé and not merely with "Annahmezwang". Legal tender were the notes already before the law of 1811.

----------------

 

Inflation.   What you say in your letter under the heading "Zwangskurs", about the business of banks is true, but it is - - I think - - not all that is to be said about this business.

   The banker's debtors could issue their own notes, if they are known to the public as well as the banker is. But the businessmen are not known as well to the public and therefore the banker says to them: Give me those notes, which you would issue, and take mine in exchange. I lend you my notes.

   If one admits that, then one must also admit, that the banker cannot issue a greater quantity of notes than his debtors - - these debtors taken as a "commercial body"- - could issue. (Because the "readiness to accept" the notes, by these debtors, forms the real foundation of their value. - J.Z., 20.2.03.)

 

   Where would be the limit of issue for the debtors, if they issued the notes themselves, so as businessmen did 150 years ago?

   The natural limit would be the possibility to "make good" presented notes by ready for sale commodities or services or by accepting the notes as means of payment for due debts. Therefore, also the banker's limit is what his debtors can make good in this way.

 

   The normal circulation path is: Notes go from the banker to the debtor (a shop, a factory, a tradesman, etc.), from the debtor to the debtor's employees, his landlord, his supplier, etc., from there the greatest part back to the debtors, a smaller part into the public, and from there to the debtors. From the debtors the notes go back to the banker. ("Rückstrom".) (Compare my circulation charts, in PEACE PLANS No. 41, which is now also available by e-mail. - J.Z.)

 

   That is the fundamental principle to which note issuing is unavoidably led if it is, on the one side, not limited by prescriptions to keep a redemption fund and, on the other side, it is not aided by a cours forcé of the notes.

 

   There are other theories, arisen at times when

 

1.) all businessmen and all scientists without one exception (Adam Smith included) believed, that a redemption fund was the true basis of note-issuing business,

 

2.) there were the prescriptions on redemption funds and also on denomination of notes. (Notes for small amounts were prohibited.) Thus the whole country was constantly in a condition of deflation - - the word taken in the sense of 1913 - - that is, a state where fresh notes were eagerly accepted, and a banker, who granted long-term loans in notes could profit from such a condition.

 

   These theories said:

 

1.) Long-term loans in notes are the very task of a banker,

 

2.) in the absence of people who wish to become creditors, it is permitted and natural to "raise money by circulation" as the thing was called at the time of Adam Smith. The way is: The debtor pledges a mortgage to the banker, the banker, in return gives the debtor notes, the debtor pays his expenses with the notes and all concerned expect a boom, which shall enable the debtor to repay the banker. The real creditor is here the note bearer, who renounces his claim to an equivalent for his note from the banker or the banker's debtors. Reason: He "trusts" in the banker, the word "trust" here taken in its popular sense.

 

(J.Z.: This dishonest, careless and dangerous practice, wide-spread and well known, probably led to the theory that issuing notes would be nothing but the taking up a loan from the public, without the public even being aware of this. All kinds of confidence tricksters do the same but this was no reason for the theory to be seriously accepted and expounded in text books and to ignore all sound alternative issue and reflux theories explaining the value of the notes as really existing in their acceptance or clearing option among people who do have to accept them, instantly, at par, and not merely upon an unfounded "trust", or "confidence", in an economy that is starved for cash. Even now most bankers and their staff, even most economists, are merely practitioners, more or less law abiding, and know nothing of true monetary theory. - J.Z., 20.2.03.)

 

   I wish that there were many people who, after the repeal of the present money laws, would undertake the note issuing business on this basis. Within a few weeks they would be in a very bad situation, once some note holders would say: We do no longer trust in you. Tell us, here and now, and rather quickly, how to use your notes. Nobody of my acquaintance will accept them.

 

   Notes issued on the "clearing cheque principle" would not be endangered by distrust. If the note bearers come to the banker and ask: What can we do with the notes? - he says: Here are the addresses of my debtors. Buy there anything or pay your pay your debts to him, if the man is your creditor.

 

   The greater the panic is, the greater will be the speed with which the notes will disappear from circulation, together with the adhering distrust. The advantage is quite with the debtors, of whom some will say: Two more such panics and we are rich men! (J.Z.: Not quite. At most they would have twice a total turnover of their goods, leaving them only the normal profit margins. - J.Z., 20.2.03.)     

Notes issued on the old principles will not (rapidly enough - J.Z.) disappear (and neither will their discount - J.Z.).     The effect will be that the banker, who issued these notes, will never again be trusted and must change his business. (He might also be sued for fraud! - J.Z., 20.2.03.)

 

   Speaking or writing will, probably, do nothing to make the true principles of note- issuing popular, under the now prevailing conditions, but experiences of the here suggested kind will.

-----------------

 

   The role of deposits under the new regime will be different from the present one.

   If the deposits consist of notes, the banker can grant loans in notes and for a time equal to the time within which the depositary can withdraw his deposit.                                   ,

   If the deposits do not consist in notes, the banker must judge what to do with such deposits.

 

At the moment such considerations concerning deposits are not necessary. Every bank is able to transform deposits of every substance into notes simply by ceding the deposits to the Bank of England or one of the Big Five and getting notes for the ceded deposits. A central bank like the Bank of England can, without hesitation, change deposits of all kinds into notes. Why? Its notes are endowed with cours forcé. If the Bank of England commits blunders in transforming deposits into notes, nobody observes it, neither the Bank nor the public. Then the only possible sign of alarm, that is, a discount of the notes, is impossible (for internal trading! - J.Z., 20.2.03.) for its notes are endowed with cours forcé. Moreover, in a great economy, like the English, a blunder must be of the greatest dimensions before it seriously affects the country's economy.

 

   After this long preface I finally undertake to answer your question in your letters of 9.II. and 16.II.

 

   Influence of bank loans on the general price level.

 

   You know Jevons' admirable "Investigations in Currency and Finance". Here Jevons, for the first time, pointed out that bank loans as well as prices obey a certain periodicity. This periodicity was confirmed by all later investigations, also by the latest known today. Jevons tried to explain it and said: (I cannot quote him literally, his book being burned with my library - - about 3,000 volumes.)

"Until now agriculture's purchases are of very great influence and probably of greater influence than any other economic factor. Agriculture's purchases depend upon crops, crops depend upon the weather and weather depends upon sunshine, which may be admitted, although the law of sun's shining is still not yet detected. But it is very probable, that the quantity of heat, which the earth receives from the sun is in connection with the sunspots, although we do not know the nature of the connection. The average periodicity of the sunspots is, as everybody knows, about 11- 1/9 years."

It was also noticed, that the threefold of that period = 33 1/3rd years, is still much more distinctly marked and the nine-fold = 100 years, is still much more distinctly marked. The numbers 11 1/9, 33 1/3 and 100 are averages, but in this century it seems that meteorological data are pretty exactly reproduced from the years of the 19th century in 100 years' distance. (For 1955 I expect a great dearth and earthquakes of greatest dimensions.) Darwin estimates that in 1855 about 4/5 of all birds in England died by frost. (Tokyo was destroyed in 1855 by an earthquake greater than that of 1923.

 

   When remembering the great regularity of Jevons' periods, I get the suspicion that bank loans are a secondary factor and their laws of contraction and expansion is au fond the same as that of prices, but in a way that there is no immediate connection, in the form of cause and effect, between expansion of bank loans and price level. Here, too,  one should not conclude merely from: Post hoc ergo propter hoc.

 

   For Germany, I think, there is a positive factor helping to estimate the influence of bank loans on the price level, which means, in this case, not to over-estimate it. Professor Hirsch, a very able economist (he fled to Denmark in 1933) estimated, for the year 1930, the value of all goods in Germany produced for sale and ready for sale, as coming to about 30,000 millions of gold-marks,

For normal years (1930 was a bad year) (leaving many goods unsold - J.Z., 20.2.03.), the quantity might be a little smaller. 30,000 million gold-marks in a considerable amount, while the sum of new bank loans, exceeding the average amount, is relatively small. (I regret that I cannot indicate numbers at the moment). It is not probable that new bank loans, insofar as they exceed the average amount of a year's new bank loans, would greatly influence the prices of a goods quantity worth 30,000 millions.

One must also consider that possessors of saleable goods are not very willing to rise the prices of their goods (when they are already over-stocked and under strong competitive pressure - J.Z., 20.2.03.) They are, on the contrary endeavouring to keep their prices always as low as possible. (When sales are easy, and it is a "seller's market", then the opposite applies. But even in a depression they still try to get as much as possible for their goods. - J.Z., 20.3.03.)

 

   There is still another influence. The greatest part of new bank loans exceeding the average amount of new bank loans, is poured into the Exchange. The new credits are in first line used to buy shares. Here the influence is very great. In the year 1927 the level of share prices trebled within a year, inter alia because abundant bank credit enabled many business men to purchase shares, who, without these credits would not have purchased them. The prices of goods follow in the far distance.

 

(J.Z.: This kind of a bank-financed buying spree for shares, due to an over-estimation of their future value, almost had to be followed by a collapse of share prices. Even men with large funds at their disposal do not always make rational decisions when investing them, as the ups and downs of the markets in securities have often demonstrated. Even there something  like a gambling fever seems to arise, at least occasionally. How many short-term bank deposits were as badly and long-term invested, by banks and their debtors? - J.Z., 20.2.03.)

---------------

 

   Economists usually consider merely the influence of fresh bank loans, but - - as far as I can ascertain - - they seldom consider the effect of the necessity to repay these loans. The repayment must in all respects produce effects contrary to those of the granting of loans. If one would object, that, regularly, the loans are not repaid but - - for the greatest part at least - - replaced by fresh loans, I would answer that in this case the fresh loans would not produce any effect. Anticipating the objection, I said some lines before: "… new bank loans insofar as they surpass the

average amount of a year's new bank loans."

----------------------

 

   Are banks free to grant loans or to refuse them? I think, they are not. If that would be true, that banks are not free to grant or to refuse loans, but always must lend out what they can lend out, then they are also not in the situation to investigate the country's resources before lending. (Also, those bankers whom I know, are quite unable to estimate a country's resources  - - a task which even scientists, in many cases, are not able to perform.)

But, you are right to emphasise the dates of bank loans. Here banks are free to a certain degree, except when they  permit to produce, with the help of bank loans, things like buildings, great machines, and others which do produce the money for their repayment but do so only in instalments distributed over some or many years. In this case the bank may try to call in its loan. Then the debtor can't pay.

 

   I think that the following is true:

 

1.) The  influence of fresh bank loans upon the general price level of goods (shares excluded) is small, because the quantity of fresh loans is small when compared with the quantity of goods whose price may be influenced.

 

2.  Whenever observations shows an increase of bank loans and a rising of prices, then there is to be deducted the influence of an unknown but existing cause which lets both increase at the same time and, insofar, excludes an immediate influence of bank loans on prices.

 

   I do know that in general economists are likely to attribute a great influence on the price level to the granting of fresh bank loans. I think they over-estimate that influence.

 

(J.Z.: However, under the influence of the theory of "asset currencies", banks might submit their long-term loan credits, or the corresponding securities, to the central bank in exchange for additional paper money with cours forcé. Then these additional notes would drive up the general price level. - J.Z., 20. 2. 03.)

---------------

 

   You say in your letter of 16. II.: "… the mere absence of cours forcé will not render such over-issues impossible".

   I admit this possibility and admit, too, that at the time when bank notes had not yet a cours forcé such over-emissions were really executed.

(J.Z.: Often upon notions of  "asset-currencies", of confidence and trust, or belief in 1/3rd cover by rare metals. The need for "shop foundation" was certainly not widely recognized then and isn't even now. - J.Z., 20. 2. 03.)

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But: If coins of precious metal are not prohibited, then there must arise a situation where the public finds out that         coins are of a higher value than notes, except in those cases where there are places or persons who accept notes an they would accept coins, and are obliged to do so, so that the public, insofar, may trust in them.

 

(In other respects these persons may be the greatest rascals, but an obligation to accept for payments notes so as they would accept coins has nothing to do with honesty, the word taken in the popular sense.

Take for an example railway notes as they were proposed by Zander. The manager of the railway may be a rascal and all officials, who sell tickets, too, so that nobody would lend them one pound. But if the manager and the officials are obliged to accept their own notes, as they would accept coins, and this obligation is secured, then the public trusts them insofar. This kind of trust is quite different from the trust described in old books, where the public's trust in the banker and his honesty, ability, prudence, etc. was described as the true basis of banking.)

 

   Or do you not admit my supposition, that coins will circulate, if they are not prohibited?

I assert that they will circulate, even if there exists no mint. Private factories that manufacture medals will make coins for possessors of gold or silver or it will be as in China, at the time of the emperors and short time afterwards,  where Sycees, privately manufactured, were in general use. (In form silver shoes, weight 50 Tael or about 58 ounces. I take the numbers from Ottomar Haupt, Arbitrages et Parités, 1894. The Sycees contained 0.932 fine silver.

 

   Perhaps you will also not admit that, if it is not prohibited, shopkeepers and other businessmen count in gold units. From Germany I know, that only by hard punishments can the people be prevented from counting in gold units, and I know as well that in all countries (Tibet and perhaps a few others excepted) such punishments are inflicted if people do not count in domestic paper money.

 

   If one admits my suppositions one admits too, that a discount on the bullion market (formerly called gold market) is taken by everyone as an alarm signal that there is something wrong with the notes which got the discount, and - -       being no cours forcé - - people will widely refuse the suspect notes as a means of payment. If that happens, then there do not exist sufficient opportunities to use the notes at par, although they are at a discount.  

 

Such opportunities are:

 

1.) Shops which can accept the notes at par as long as they are indebted to the issuer. The shops can use the accepted notes as means of payment to the issuer. It will perhaps be necessary that at times when notes are at a discount, the shops where the notes are accepted at par, will be made known to the public by posters. (In their own interest they will inform the public by such posters, but an agreement between issuer and debtor will still be necessary.)

 

2.) The banker's counters. Many people will use the depreciated notes to deposit them with the banker, if they trust him. The interest for deposits must be high enough.

------------------

 

   Some people will say: A note-issuing banker cannot grant long-term loans under conditions as described. The whole note issuing business is of little value if long term loans by the banker are practically excluded.

 

(Here B. might simply have replied: To supply long-term credit is not the aim of note issues. To supply short-term turn-over credit or clearing facilities for ready for sale goods, services and labour is. Once that sphere of current exchange options is saturated with means of payment or clearing facilities, then there will be surpluses, saved and invested with the aid of a bank. In these cases the savers and investors, not the bank, do really supply the long-term capital, under conditions attractive enough for them. Notes are not a long term loan from the public, according to an old and popular fallacy. - J.Z., 20.2.03.)

 

   I say: Until now it has never been a problem to get long-term loans if the opportunities to lend out money or goods on long terms are made easily accessible. For England that is proven by the low interest for long term loans in the last century. How often were - - especially in North England - - mortgages obtained for 2 1/2 % p.a.!

In Germany the interest for long-term loans was always a little higher than in England, but seldom exceeded 5 % and 4% were considered as normal. A banker, whom the people trust (in this case trust is necessary in the popular sense of the word) will always find depositors who provide him with sufficient means. From the Building Society Business I know, that for English Building Societies it has always been easier to get money than to find reliable debtors.

A note-issuing banker as creditor for long-term loans is not necessary. (Nor would he be economically or morally justified! - J.Z. 20.3.03.) As a mediator he will always be welcome.

-----------------

 

   Other people will say: Then we prefer the present system of notes endowed with cours forcé. To grant loans on long terms and in notes is possible under this system, for the issuing bank, as a long and - - for Germany and other countries painful experience has taught.

 

My answer: Certainly there are people who profit by long-term loans in notes granted by the Central Bank. That is no reason to compel others to respect the cours forcé.

 

(J.Z.: Usually the debtors profit, temporarily, at the expense of the creditors. In the long run the debtors are also disadvantaged by inflations - for who will grant them sufficient credits under such conditions? They will soon run out of fools, who let themselves be thus victimised. - Let the "greenbackers". "Social Credit fanatics", legal tender fans, central bank advocates etc. have it - among themselves and at their expense and risk only. That experimental freedom might teach them, in the long run. Reasonable arguments and cited facts will not. But if they try to force their requisitioning certificates upon dissenters, instead of applying them only in their own and voluntaristic private payment community, then they ought to be resisted, if necessary with organised military forces: ideal militias for the protection of individual rights and liberties. - J.Z., 20.2.03.)

--------------

 

   Very interesting your information that notes with an option clause circulated at par, in old times, although they were at a discount at the bullion market. (Your letter of 8.II.)

   "At par". - Was that a parity of option notes with other notes or with coins of the same face value?

   In every case the thing is difficult to understand. Suppose that notes without an option clause were not at a discount relative to gold coins and option notes are.

Would it not have been, in this case, a simple procedure to convert option notes without loss into other notes and buy then gold coins with these notes? And if this procedure was possible, how could option notes be at a discount?

 

   I must confess that I do not quite understand why option notes were at a discount at all. There were always opportunities to buy with them the same quantity of goods as with other notes, especially from debtors of bankers, as you pointed out (very interesting) at page 81 of your book. I am inclined to believe that the discount was merely a "spoken" discount ("gesprochener Kurs" say German business men, if they know that the quotation is not derived from real sales.) and would have disappeared if earnestly put to the test. I assume that the discount was only observed when small amounts of coins were wanted and this very quickly.

 

   You know that, I do much appreciate the option-clauses and do think it necessary to systematically extend and develop the idea here taken as the basis.

-----------------

 

   You write: "I do not think that the remedy for this is to limit bank advance."

   I agree and would add that the sole limit for note-issuing is the discount of the notes at a real and great bullion market (as it perhaps did not exist in the Scotland of 200 years ago).)

Further: I think it must still be proven that prices really rise as a consequence of issuing notes without cours forcé.

If the community does not possess enough means of payment, then it may happen that prices fall (or have fallen - J.Z.) as a consequence of this deflation, the word taken in the sense of 1913. If then and by a fresh issue of notes prices do rise, to their normal level, that is no inflation but reflation as the thing is called, quite aptly, by modern economists.

 

   But here an well as in my preceding explanations I took as prove that all prices will be measured in gold, if the people have the liberty to do so, while you propose a "bank pound" as a unit of value, so that even gold and silver become mere commodities, not themselves value units.

 

   I do hope we will discuss the matter. Perhaps we will conclude a provisional agreement on the following basis:

 

1.)  I admit that gold is no ideal measure of value and that no arrangement should be prohibited which, in the opinion of their inventors procure better measures, in the first line your bank pound.

 

2.) The propaganda for the bank pound or similar units should be absolutely free.

 

3.) You admit: It tomorrow the now existing restrictions and prescriptions about the value unit, about pricing, gold clauses etc. are abolished the people will not be mentally prepared to use another value unit than gold. Workers and artisans will demand gold wages, the prices in the shops will be gold prices, gold coins will become visible and if they are not manufactured by the government's mint, then they will be privately manufactured by medal manufacturers.

 

   For a long time I was an adherent of Irving Fisher and still believe him to be one of the greatest scientists who ever lived. His "Making of Index Numbers" will be - - I am convinced - - for many years what Ptolemaeus' book on astronomy has been for that science. For a mathematician the reading of the book is a pleasure to which hardly another may be compared. In Irving Fisher's other books there is not a line not worth reading, and yet: Now I am convinced, I. F. underestimated the economic virtues of gold. What did much contribute to change my opinion was the personal intercourse with adherents of Silvio Gsell. (A Swiss name, which is written thus. Later, when SG saw, that people generally wrote his name as it would be written in the general German language, that is Gesell, he accepted this orthography.) I read also many of their (very numerous) writings. There I found not only some very important errors - - I hope to write about them in one of my next letters - - but also a plan to enforce the system so tyrannically, that the Soviets could learn from it. The German branch of the party published a pamphlet in which was demanded: Not only shall everybody, who uses private means of payment, be at once brought to the house of correction, but also every private clearing shall be prohibited and also - - important for you - - every private credit.

 

   The reasons which were brought forward were:

 

1.) To establish the invariable money unit is the most urgent and most important of all social reforms;

 

2.) This unit cannot be established by private agreements. It can only be established be State compulsion. The

      reform is so important and so blessed that every compulsion, and may it seem cruel, is justified.

 

   The reasons which should prove, that without the proposed tyranny the system could not be introduced, seemed to me quite convincing, and for this very reason I said: Obviously, gold is the smaller evil. From now on I become "Chrysist".

 

   The party is now very active again, in Germany. The leaders have pulled-in a little their claws and speak much       of liberty and such things now heard with pleasure in Germany. I will send you in the next days a copy of the program. The leaders are now so prudent to say nothing about the means by which they will enforce their system and remove other systems.

 

From the "Economist", "Truth" and other papers, which publish gold mine reports, I see, what a good index gold is. Quite small alterations of the general price level do remarkably influence the price of gold, from which I                   conclude, that if vice versa gold is the price unit, said alterations will again be expressed, but this time in a different manner, that is, in variations of the general price level.

 

   My impression is: The best possible approximation to the bank pound is the old gold sovereign. Its vicissitudes are not due to its gold- properties but to the old and bad laws by which every creditor is entitled to claim gold coins and, secondly, to the old redemption prescriptions.

Both may be removed without giving up gold as a measure of value.

 

Let me openly confess that I consider the liberty of choosing and agreeing, for a measure of value, upon any good or service or an aggregate of goods or services or both or other units still to be invented, as essential part of man's and citizen's natural rights. I would be interested if our favourite Hon. Secretary of the Personal Rights Association here agrees.

 

   Your proposition to invent a clause which divides the variations in value between debtor and creditor deserves the greatest attention. 25 years ago I published a text for such a clause, and if I can find a copy of the monthly "Heim und Scholle" where I published it, I send you the text.        

Some years ago I got the impression that gold prices already represent such a division, although not an exact one but only an approximation.            

Take an example:

Let all men that are able to save, save what they can and let the savings be so invested, that the production plant is -greatly improved. All commodities are now produced (per impossibile) for 50 % of their former costs. Then it would be socially just to reduce all money claims, wages, rents, taxes, etc. to 50 % but not the savings accounts.

Then the investor gets the full equivalent of his saving activity.

Many examples could be constructed where social justice would require distinctions and differentials but where practice would make such distinctions impossible.

 

   In my above pointed out example the gold prices would fall, but they would certainly not fall so far as not to leave an advantage to producers, too, so that the advantage of increased cheapness really is divided among investors and others. That would be the effect of simply counting in gold without other arrangements.

As already said: theoretically it would not be quite just, because nobody else than investors has produced the cheapness and only they should profit from it. (Theoretically.)

 

(J.Z.: Already Bastiat pointed out that under free market conditions the workers are the major beneficiaries of increased savings and their productive investments. The actual contribution of capital to the total output increases, that of labour decreases and yet at the same time the share of capital profits in the total output decreases while the share of labour increases. The capitalist-minded might complain, while the socialist-minded might cheer about this, once they become aware of it, if they ever do, but this is the natural result of a laissez-faire economy. Here, too, everybody wins, indirectly, from the growth of civilisation, of knowledge, of saving labour and replacing human labour by "enslaved" machines, even while his individual contribution to it might be as small as that of a baby or an infant. The optimum result is obtained when every productive person possesses as many of these machine-slaves as is possible and economical at any time, as many as he can guide, program or control, in a division of labour and voluntary collaboration process, i.e., when ownership in and responsibility for the means of production is as widely spread and as individualised as possible. There are natural trends in that direction. They should not be interfered with by popular prejudices and their legalised forms or restrictions. - J.Z., 21.2.03.)

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   A German economist once said: Replacing gold as a standard of value by artificial standards to guarantee the invariability of the value unit is like replacing water, or air, or bread, by some "Ersatz". Experience shows that this        is possible for a time. At besieged towns (II. Book of Kings, 18, verse 27, Isaiah 36, verse 12) or in war time (your nice information about England's "bread" - -  or whatever it may have been - - ) or in diving-bells. The Ersatz may do for a time, but at last men demand what they are accustomed to and what nature itself demands. Gold is a standard of value given to men by nature, man should make the best of it but not abolish it.

------------------

 

   Abolition of conscription. In general a very good thing.  But if a second Attila would menace England (or Germany) would not conscription then be justified?

 

(J.Z.: Society should be reformed into such a free, just and attractive one that

a) most of its members would volunteer to defend it and

b) most of the soldiers and officers of an enemy regime would rather rise against it or desert to the free society than fight it.

For consistent and tolerant libertarians that is not an aim that is quite out of reach, but, on the contrary, one that they have to clearly visualise and systematically work for - if they do want to survive and achieve full liberty for themselves as fast as possible, even if that means that they would have to tolerate others choosing for themselves only as much liberty as they want and can handle at their stage of development. - B. made many detailed proposals for this. But here, as a mathematician, he discusses the extreme case, for the defence of a somewhat free society against an extremely authoritarian one, while enlightenment and rights, liberties and responsibilities have as yet all too little spread in the somewhat free society. - J.Z., 21.2.03.)                           

 

Kant says: If a government were to do what its subjects would do, if they used the power of their full reason and knowledge, then it governs justly and deserves the assistance of free men. It may well happen, that the citizens themselves cannot achieve agreement, although every of them sees well enough, that a decision must be made now. In such a situation the ruler may act as the trustee of all.

Example: Perhaps (perhaps) in the last war there would not have been enough volunteers to resist the Hitler's armies. If England would have been defeated, the English would now work for Hitler and their life would no longer be of great value, that value consisting only in the hope to get rid of the Nazis, one day. The very men who resisted conscription would soon be identified as pacifists, would have been caught and sent to the concentration camps. If their number would have been greater than the number of places in the concentration camps (a case that in the years 1944 and 1945 often occurred in Germany KZs) then they would have been simply vaporised, as so many thousands of Germans were. It may be, that only the conscription avoided such situations.

 

(J.Z.: In my talks with him B. mentioned two other cases: As Josephus reports on the siege of Jerusalem by the Romans: Within Jerusalem several factions bitterly and bloodily fought each other and this was a major factor that made it possible for the Romans to conquer and destroy Jerusalem. They did not know how to establish freedom and justice between them and to unite sufficiently against an outside threat and thus fell to a foreign empire. The second case was that of the siege of Magdeburg by Tilly during the 30-year war. In Magdeburg some rich citizens had been allowed to buy themselves out of service in the militia or to pay for a substitute. That led to a riot by the poorer citizens, who had to bear the whole burden and risk of defending the walls among themselves and that situation led to Tilly's victory - which much slaughter, rape, destruction and looting. - J.Z., 21.2.03.)

---------------------

 

   A man like Mosley is unable to accept the "Individualist's" principles for the same reasons as you are unable to accept Fascist principles. It would be beyond your mentality. But there is also a consolation: A man like Mosley or any other Fascist, is unable to apply the methods of Mao, described in "Individualist", Nr. 1/50, page 6.

(That a Red totalitarian, like Mao, could apply it, is bad enough! Even the Nazis had all too many volunteers, not only conscripts, from other nations, within their armed forced. - J.Z., 21.2.03.)

Why? It's beyond his mentality. I discussed this method often with Fascists during the last war, merely to see what effect it did have on their mind. Most took me - - of course - - for a 150 % nationalist, when I said to them that by this method Hitler could win the war. But some Nazis - - and that was the most astonishing part of these discussions - - at once became very suspicious and asked me: Who told you about such a method? Such methods are quite anti-nazi! Hitler would never use such base methods; he does not want them! But you - - you pretend to be a true nazi! Have you your membership-book with you? No? You have not?? I knew that!! You are not a party-member?? Oh - well - - I believe that!! Such a method!!!" - I went to the toilet (it was in a restaurant in the Friedrichstrasse) and left the restaurant when the boy with the good nose did not watch. (He was a soldier.)

In my office I had similar discussions with a similar result.

-------------------

Very faithfully Yours - signed: U. v. Beckerath.

____________________________________________________________________________________________

 

 

 

 

U. v. Beckerath, …                                                                                                                              22. 2. 50.

 

Dear Mr. Meulen,

 

the  day before yesterday I received:

 

1.) City-Press of 20. I. 50,

2.) Free Trader of  January/February 50,

3.) National News-Letter, 26. I., 3. II., 10. II. 50,

4.) The Scots Independent, February 50,

5.) Truth, 10. II.50.,

6.) Old Ape Pensioner, January 50,

7.) Peace News, 3. II. 50,

8.) Union, 21.I.50,

9.) Pamphlet: What Is Money for?", by Ezra Pound.

-------------------

 

   My impression is again: England still is a country where many people think independently or at least try it seriously. Instructed by Kant, I consider the products of human brains as natural products, such as plants and birds, stars and clouds. Nature's tendency is to produce something to diminish suffering, which in all its elements is essential, at least at its, present stage of development and as far as our knowledge reaches.

To get one good idea in this direction, nature produces 100 not quite so good, 1,000 still a little more out of the way, 100,000 of average kind, 80,000 of nearly average kind, but for men of taste not worth to be known, 50,000 of decidedly bad quality and 10,000 of mere nonsense. 5,000 may be in the direction to increase suffering, 500 are thoughts as torturers think them, and one is an idea such as inventors of atomic bombs conceive them.

That is the statistical consideration of development not yet conceived by Kant, but, as early as 1835, by Quetelet in his "De l'homme" and later in his "Physique sociale", which I all owned and which are all burnt.

Galton extended Quetelet's methods and won astonishing results, which I would recommend to read if I would not know that your time is fully occupied by other things.

(You will not take too serious the above imagined numbers.) It is now the opinion of scientists that mental differences among men (and even animals) distributed exactly like physical differences, so that e.g. a table as the following gives an idea how any human qualities are distributed among men:

 

Measured weight of 299,355 Italian recruits, numbers won in about 1900, taken from:

"Grundzüge der Statistik" by Westergaard and Nybölle.

 

45  -   47   kilograms  =      2     o/oo                    66  -  68   kg.    =      86     o/oo

48  -   5o                     =    21                                69  -  71             =     46

51  -   53                     =    79                                72  -  74             =     19

54  -   56                     =  172                                75  -  77             =       9

57  -   59                     =  210                                78  -  80             =       4

60  -   62                     =  203                                 81 -  83             =       1

63  -   65                     =  147                                 84 -  86             =       1

_________________________________________________________________

                                                                                                           1,000   o/oo

 

   If the numbers are represented by a graph one sees at once that they obey a very distinct law, and a mathematician sees too, that the law may be expressed in first approximation by very few constants.         

If any other human (or animal) qualities are represented in a similar manner by a graph, the graph's shape differs from group to group, but - - and that is essential - - the statistical law expressing the distribution is always the same.

 

   From the foregoing example may be seen, that nature, to produce one recruit, who weighs 85 kilos, it needs 999 others, who weigh less. The table is abridged. In the original table there was one recruit of 195 kilograms among 299,355 others.

 

   In England nature produced one "Individualist", and to attain this aim it had to produce many other publications, which - - considered in the light of statistics - - are in an essential connection with that, what the German statistician Fechner (a very great man) called an "Extrem-Wert". (Extreme value. - J.Z.)

   These statistical considerations may offer a certain consolation, if one sees how far other publications are from the most essential point of social and political reform, although they offer many excellent thoughts. The "Individualist" exists, and that must at present be sufficient.

------------------

 

   S. W. Alexander's comments are very interesting. I read, that in Scotland the Independence movement now extends to the dividend limitation laws. Scotch simply don't obey and distribute dividends according to the rules of commercial honesty. S. W. Alexander says: they are right. If one would not yet have been convinced that Alexander is an upright, intelligent and realistically thinking man, he may be now.

Is Gibson behind this movement? I am afraid, he is not. From the "Scots Independent" it seems that he underestimates money matters.

   Alexander reports, too, that the bank note printing company De la Rue is not satisfied with the recent development in China. The Tshiang Kai Shek Government wanted very many notes for its many inflations and monetary "reforms". Mao prints his notes himself or gets them from Moscow, which does not mean that they are much more valuable than those of Tshiang. But it De la Rue (that means its chairman, B. C. Westall, whom Alexander praises much, would know something of Free Banking and could be convinced that without Free Banking China will always be as poor as she is now and - - coins being abolished - - is by her present paper money system driven to attack her neighbours, and (for Westall the most important) that Free Banking would provides his firm with more orders than it could carry out, then he will, probably, do something for Free Banking in China. (The secret connection between oppressive foreign policy and a bad monetary system is still to be explained.)

------------------

 

   Alexander estimates that about 3 million of Calcutta's 6 million inhabitants sleep in the streets.

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   The Free Trader very well compares tariff barriers to a blockade, carried out by the own government. It should be daily repeated, that this interpretation of tariffs is the only right one.

   About Free Trade in money the Free Trader seems not to agree with Free Trade opinions 100 years ago. I hope to write to you still some lines about it.

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   National News-Letter.  If Stephen King-Hall, whom I esteem much, would be quite instructed about Free Banking, he would have demanded, in 1945: We must impose upon Germany the Free Banking System for our own safety. He would have protested - - merely from an English national standpoint - - against the introduction in

in Germany of the Exclusive-Currency-System, in such an exaggerated form as the Allies did. The political effect was as bad as informed economists expected.

-------------------

 

   Scots Independent. At page three, there are some monetary questions dealt with, but only in the style of modern vulgar economists. Marx's expression: "Vulgär-Ökonomisten" is quite apt. I would define "Vulgär-Ökonomist" as a man, who generalises uncritically about experiences or observations of average people or (often) merely the opinion of some businessman about events and conditions and thinks in this way to arrive at general principles for an economic policy.

   The article does not demand are really independent currency for Scotland.

-----------------

 

   Truth, my darling.  From an advertisement, caption: "Bank-Insurance Units", I see, that investment trusts still find interest. Investment trusts are a good thing.

  

   In many letters to the editor people reject State-socialism. They do not know that absence of Free Banking leads unavoidably to State socialism, if the country likes it or not.

 

   "Liberty - - the mother, not the daughter of order", very well and:

   "Monetary liberty - - the mother of all other liberties, which will enjoy only a short life without the protection of

    their natural mother."

----------------

 

   I hope you read: "Home Rule for England" at page 146. Excellent! If Scots continue to assist the present state of currency and insist on a monetary union with the (former) empire, England certainly has all reason to demand Home Rule, at least in monetary affairs.

 

   Rommel, page 147.  Let me remind you of what Tacitus says of Corbulo, Nero's general, that for a successful commander in chief there may arise a conflict in his soul if he sees that his ruler is worth nothing more than to be killed. The commander must make his choice: fulfil his duty towards his fellow citizens or his duty towards his sovereign. Tacitus says: The commander should fulfil his duty towards his fellow-citizens and try to depose the tyrant. If he does not, the tyrant will kill him, if he can do it without much danger. If Rommel really would have been a great man, he would have known that without having read Tacitus; but he was merely a talented man. It is  now known that Hitler did with Rommel what Nero did with Corbulo.

------------------

 

   In my next letter I hope to write some words about the rest of the printed matters sent. They are extremely interesting.

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   Elections. I predict a great victory of the Labour Party. The programs of the other parties are real catastrophes, and an enormous economic success (full employment) is on Labour's side. (??? - J.Z., 21.2.03.)

 

   Guy Aldred will probably n o t be elected. I do reproach Aldred, that during as long an activity on the extreme left, he did never formally acknowledge the individual's right of emancipation from the States exclusive currency. He is not a 100 % revolutionary.

------------------

 

   L'Unique. Until now I got 3 issues, obviously due to your kind intercession. I thank you very much!

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Very faithfully Yours  -  signed: U. v. Beckerath.

 

Firm De la Rue. Roscher says: The influence of private interests in conceiving economic theories should not be underestimated, even if the influence acts only subconsciously, as it seems to have been the case with Benjamin Franklin. Franklin was a friend of paper money and wrote a dissertation on the matter, "The American Paper Money", which was among my burnt books. Roscher says, he would, perhaps, not have been such an ardent defender of paper money, if he would not have printed Pennsylvania's notes at his shop. He confesses in his memoirs that the job was a very profitable one.

   I got the impression that Roscher saw the thing in the right light when I got aware that Franklin understood nothing of the theory of paper money and did not even distinguish notes with cours forcé from those without. F.'s opinion was very much influenced by his private interest in note printing. If it would not have been the case, then F. would have penetrated the theory. (He had the head for it - - certainly!)

                                                                                                                                    Bth.

____________________________________________________________________________________________

 

U.v. Beckerath, …       3. III. 1950.  Your letter of 28. II., stamp "Dover" of 1. III. -  received today.

 

Dear Mr. Meulen,

 

from the stamp I see that you are on the way to France and - - I hope - - to Berlin. If the English let you pass to Berlin it will be by airway

 

   Is it quite impossible that you deliver a lecture at the British Information Centre, Berlin- Halensee, Kufürstendamm 156???

----------------

 

    Zwangskurs.     When the countrymen of Lord King brought a charge against him for "Incivism", they did wrong. Lord King was at that time entitled to demand more in paper pounds or the original rent in gold coins. He  was also morally in the right, for certainly the prices of the goods produced by his tenants rose nearly to the degree in which bullion rose in price, the latter expressed in paper-pounds. If the later enacted cours forcé would. have been foreseen at the time when the contracts between Lord King and his tenants were concluded, both parties would have been content with a clause, that Lord King should get so much money as the original amount of gold was worth at the day of payment.

 

   Inflation.   Fortunately your question: "What amount of notes could the debtors issue?" can be exactly answered.

 

   "That amount, which the debtors are able to convert into articles of day-to-day-use plus the amount which they are obliged to accept for due debts."

 

   The method of financing railways by note-issuing banks was a very bad one. In German they call such dangerous things "Ritt über'n Bodensee" ("Ride across Lake Constance.")

More than 100 years ago a horseman in a very cold winter-night was looking for a ferry. He wanted to pass from the Northern shore to the Southern. After some hours he saw a house and there he asked: Where is the ferry? I must get to the Southern shore! The answer was: But, gentleman, you are on the Southern shore! The man had ridden on the ice without knowing it.

 

   At that time (about 120 years ago) England was constantly in a state of deflation (the word taken in the sense of 1913). The national amount of means of payment was quite insufficient, and, therefore, all kinds of notes were eagerly accepted by the public. Under such conditions it was economically possible to grant long term loans in the form of Bank Note loans, hoping that the number of persons demanding the "realisation" of their notes (say, by

using them as means of payment against the Bank or the Railway) would be very small. There operated also an economic interest not investigated by economists. Say: the notes get a discount of 4 % and the annual interest was 4 %  too, and the time of construction also a year. Then it was for business men, who had to use the railway's services after it was constructed, a quite natural investment to buy the depreciated notes and to use them later as a means of payment against the railway. This buying of notes raised their market value and certainly often to par.     In every case the real creditor of the railways was the public, or to speak more exactly: every man who accepted a note for the amount of the note.

 

   The system might work as well as passages over the ice of  Lake Constance in winter-time and if the ice-cover is thick enough, it may be possible, but this very Lake of Constance offers some examples where persons tried to cross the lake in hard winters and, in spite of all the theory and "experience", the ice before them and behind them broke.

   The obligation to redeem notes in gold coins obscures all kinds of traffic where notes are concerned.

 

   A much better kind of financing, than by granting notes to railways under construction, would have been the issue of shares or debentures.

 

   Since about the year 1850 no railway was financed by loans granted in notes of a bank, also not abroad (as far as I know) where it would have been possible per se. The danger was recognised meanwhile.

  

   But I would not object to a repetition of the experiment, provided all possibilities for using the notes are made known by the enterprise and, especially, the opportunities where the notes must be accepted at par, when goods or services are paid with the notes or due debts. Also the quantity of notes should be made publicly known, which can possibly be accepted in this way.

 

   If this condition is fulfilled, then experience will prove that there is a very great difference between a state of affairs where the circulation is fully provided with means of payment (Has that ever happened as yet? - J.Z., 21.2.03.) and the condition in the forties the 19th century, where the country was in a state of great deflation, that word used in the sense of 1913. If experience reveals another result, then people must change their opinion.

   But I know that we agree fully in the demand for a 100 % publicity.

-------------------

 

   You say: "In a long-date loan the entrepreneurs must be supported by the community until they are able to market their goods."

   I agree, but I ask: In what manner must they be supported? My answer is: They must be supported by people as shareholders, debenture-holders, partners. To "raise money by circulation", as the thing was called, at the time of Adam Smith, would be impossible - - I think - - in a state of full liberty for issuing. It is my opinion, that in a state of full liberty for issuing (until now not realised in any country), where this liberty is constantly controlled by the public's right to refuse every kind of paper-money, the latter factor acts with great intensity, so that, perhaps, the total amount of issued paper-money will be smaller, per capita, than it is now. The progress will consist in every person wanting standardised means of payment and having saleable goods or ready (and wanted - J.Z.) services,  will dispose of such means and this in the quantity that the wants. (Within the limits of his ability to supply wanted consumer goods and services. - J.Z.) But if the man wants a real credit (i.e., investment capital, over a period of time - J.Z.) then he must look out for (corresponding - J.Z.) creditors. With the help of the banker (or a broker - J.Z.) he will easily find them.

 

   Every other system should be permitted under the condition that its principles are fully and distinctly explained,  so that every person, who accepts a note from such an enterprise, knows: I grant the enterprise a credit for the accepted amount. It is not true that I could at any time use the notes as a means of payment for goods or services (or debts), as I want them. What I grant is an interest-free credit.

 

   If the system works, we (I and people who share my opinion) must confess, that they did not see the here involved economic connections in the right light.

 

   On the other hand, you already stated that it is not your intention to prohibit my system.

--------------------

 

   I admit that State-Socialism is unable to provide credits in sufficient quantity to support fresh production. I admit, too, that Russia is a lamentable example. I admit a fortiori that State Socialist Statistics, as they would be required in this sphere, are practically impossible and if drawn up by the most able statisticians, will be false for the simple reason that the milieu was that of State Socialism, where everybody is interested in obscuring all his personal affairs.

 

    Concerning the private investor you merely consider the man who has savings. You do not consider the case where an owner of goods will use them as an investment. Especially in times of a commercial crisis such possibilities should be admitted and not prohibited by crazy bureaucracies. I proposed a technique in my dissertation of 1934: "Die Durchführung der Vorschläge von Milhaud". (A critic called the English translation  "decidedly bad." I cannot judge that, although my impression was, it is not quite bad, at the least. Buriot-Darsiles' French translation is very good.)

(J.Z.: I tried to improve the English translation of this book in my edition in PEACE PLANS No. 9 and tried the same for the following books of B. on monetary freedom, in PEACE PLANS 9 & 11 and offered an alphabetical index to all three in PEACE PLANS 11. All three are presently available from me through e-mail, in RTF, free of charge, upon request, until they are offered on a CD-ROM or on a website. - J.Z., 21.2.03. - I was promised that the latter would happen soon. - J.Z., 24.5.03.)

 

   In Germany about a tenth of a year's production was invested by ordinary saving. The production being about 80 - 100 milliards of gold-marks a year, the sum of savings was about 8,000 millions a year. (Some say, it was only about 5,000 millions a year.) The sum of the circulating money was about 5,000 to 6,000 gold-marks. It is clear,

that such an amount cannot be increased, year for year, by 5,000 million or more gold-marks of circulating medium.

That for Germany a quite different system than that proposed for England is necessary, that is clear. It would be interesting to investigate the system's possibilities by good statistics about saving, and I think, England possesses such statistics.

 

   In "my* system (You will excuse the short expression. I need not, at every occasion, mention the many details which I owe to others. What I contributed was merely the "dot on the i".) the amount of issued notes is quite independent of a banker's deposits; but the latter are of greatest value as assets to be lent out, either on long terms,

on short terms, on medium terms, corresponding to the time of "notice" of the depositary.

------------------

 

   You write: "The banker is able to look ahead in a way that no other man can." - I agree fully. Your statement's truth is not diminished if one adds: The banker may also act merely as an intermediary.

(J.Z.: Are the bankers of the past and present really well known for taking a rightful and rational view of the long term results of their actions? Do they always and fully inform their customers on the risks they do take with the monies and securities entrusted to them? Are central bankers fully aware of what they are doing to us? I have spoken with bank managers and financial advisors who fully ignored the inflation risk in their "advice"! - J.Z., 21.2.03.)

 

Indirectly your statement gives weight to your assertion, that an individual banker will be able to do more for his customers than an association, say, in the form of a modern cooperative. You know, that I am no adversary of individual bankers and I think that cooperatives and individuals should compete (not only for some time but constantly), so that the public gets all advantages of a sound competition. But as an intermediator few cooperatives will do what an individual banker can do, and probably the activity as an intermediator will become the most important of all. (My opinion. It may be wrong or at least too much generalised.)

------------------

 

   The amount of savings in every year is much greater than most economists take into consideration. This great amount has had the effect, and will in future (things like atomic bombs set aside) have the effect to provide long term credits in all forms and amounts, as reasonably desired. It will not be necessary to rely on loans granted in notes by a banker who "raises money by circulation".

 

   South Sea Bubble.  It is my opinion (I may be wrong) that in the years 1719/20 England could have got that prosperity, which would have been natural for England, if her bad money laws would not have stopped the then begun and quite natural progress. At that time the few economic blunders were alone were considered and the real progress was simply considered as a swindle, because it disappeared so quickly.

But many enterprises at that time were no swindle. They were merely financed in a false way. If at that time a system of Free Banking had existed, as well as all other economic liberty, then it would, very probably, have been possible to save a good number of enterprises and it would have been noted that the rest were not in any larger proportion swindle attempts than is normally observed in nearly all years of prosperity.

 

   Concerning the USA crises of 1907 and 1929 - the very bad money laws of the USA were the most effective cause. I read at that time several dissertations of American authors who explained that fully.

(Who will dig up these dissertations and publish them, at least on floppy disks or CD-ROM? I have never come across any of them! - J.Z., 21.2.03.)

--------------------

 

   You write: "Are you not overlooking the fact, that a pound note may effect the exchange of hundreds of pounds s worth of goods?"

   In 100 succeeding sales and purchases every sale - - as far as its price influence is concerned - - is counter-balanced by the succeeding purchase. What really influences prices is the first purchase by the fresh issued notes. Moreover, that influence is counter-balanced it the notes come back to the banker by "Rückstrom" (reflux - J.Z.), that is, if the banker's debtors repay their debts. If there are several years of delay, then the effect may be weakened by the length of time. The delay also means, always, that the repayment is fulfilled in small amounts and spread over several month or years. That kind of repayment has an effect very different from the repayment (and coming back of notes) in great amounts (and rapidly. - J.Z., 21.3.03.).

 

(J.Z.: The single note, frequently changing hands, is in effect acting as a clearing process [certificate or account] for the exchange of 100 different goods and services against each other, in 50 buys and 50 sales, all of them soundly valued, if the value standard used is sound and the prices are reasonable and agreed upon. Even if it promoted not only 100 exchanges of goods and services for goods and services but, say, 100 million of them, if that were possible for it, this would still not drive up the prices of these goods and services, which are, indirectly, "bartered" with the help of that note. In this multiple exchange process the note would be fully covered, every time, by the goods or services it would buy or pay for. But prices would be driven up if 100,000,000 pounds were additionally issued, in paper pounds, with compulsory acceptance and compulsory value, to "promote exchanges", and there would be no sufficient reflux or extra demand for these extra notes provided at the same time, e.g., an extra tax burden, amounting for the next 3-4 months to 100 million pounds. - J.Z., 21.2.03.)

 

   Jevon's sun-spot-theory. My darling Jevons didn't contest the drain of gold at the well known periodic intervals. But he asserted that this drain also was much influenced by the sun-spots. His diagrams much impressed me. Jevons should have added that, if there would be no sunspots, then misery caused by the drain of gold would have been constant, and the drain would at last have driven the world's money to one centre, not periodically but in a constant flow.

(J.Z.: I dissent here, although for a while the flow of gold to Fort Knox seemed to confirm this theory. For, in a free gold market, the "law of fluctuating gold quantities" would still be operating, achieving a relatively even distribution, although not instantly, even under gold redemptionism. Without that redemptionism and under gold-value clearing and gold clauses only the "drain of gold" would have disappeared. - As long as gold stocks were considered the most important reserves for central banks, they tended to accumulate there, as costly and unproductive investments at the expense of all citizens. - J.Z., 22.2.03.)

 

The effect - - I think - - would have been a monetary revolution, like the one in Germany, in the years 1921-1924, 

where the people simply did no longer obey the Reichsbank and created their own means of payment - - not in all districts - - but in many. (If this monetary revolution would have been wide-spread and thorough enough, it would have ended this inflation almost instantly, instead of letting it reach an extreme degree. - J.Z., 22.2.03.) Remarkable was, that the greatest intelligence in creating such new means of payment was not displayed in Berlin, which (mostly in its own opinion) is considered by many as the "Ville lumière" of Germany. (*) Austria displayel much more activity in this sphere, although also by far not enough.

(*) (J.Z.: I left West Berlin in 1959 largely because, outside of the small Beckerath circle, very few visible and accessible "lights" remained, even less freedom of action opportunities and even these were then under threat of being extinguished. Australia seemed then to be a safe haven and it offered at least some freedom of speech opportunities in the open air. Moreover, I was getting married and did not want my kids to grow up in the 900 sq km. "prison" that was West Berlin, surrounded and constantly threatened in its remaining few liberties by totalitarian communist regimes. - Berliners hoped for help from the their State or the Western Allies as they formerly hoped to be saved by the Emperor or by "God". Only a few dozen could be interested in as just and simle a freedom opportunity as a free speech centre in the open air and even less in a volunteer militia for the defence of their individual rights. With such friends, who needs enemies? - J.Z., 24.5.03.)

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   The coin catalogue is without any commercial value.

--------------------

   Some of your letters are not yet answered. But I will answer them as soon as possible.

 

Very sincerely Your - signed : U. v. Beckerath.

____________________________________________________________________________________________

 

U. v. Beckerath, …                                                                                                                   4. III. 1950.

 

Dear Mr. Meulen,

 

I did not yet write  to you about the February-issue of the "Individualist". That you conceded me two pages is an honour which I do appreciate, you do not know how much.

 

   I hope that my modest remarks about Mao's system of warfare will get the attention of some English pacifists. I think that the imitation of Mao's system is the most powerful weapon a government can apply and that the propaganda for it serves pacifism as well as - - in the case of England - - her national interests. Pacifists, who recommend this system to the government under which they live, can no longer considered as people, whose intention it is to weaken the military strength of their own country. That is - - I think - - a great advantage.

But there is a supposition which must be fulfilled: The government, which applies the system, must inspire confidence. In the last war some generals tried to apply the system - - long before Mao - - but the government did not keep the promises of these generals. The last that I learned about it was from some letters of my friend Dr. Holzhauer from Stalingrad. He wrote, that the Russians daily summoned the German soldiers there to come to them and promised them very much. The Germans took that for a mere stratagem. The fate of the German prisoners of war proved that their distrust was justified. But I think that the Russian officers at the front fairly believed that German prisoners of war were well treated and that it was the Moscow Government that did not keep the promises of the Russian officers. In the case of England it will require much to achieve that such a distrust will not arise in future wars. What is here required we will - - I hope - - discuss. Certain "sacrificii intelletti" must be made. Inter alia, the prisoners must be conceded a certain economic autonomy, their own banks, and own notes (not excluded from general circulation, but without cours forcé) and other things. The English have to choose between such sacrifices ("sacrifices"? - J.Z. It would not cost them anything but would be a win-win situation. - J.Z., 22.2.03.) and ruin.

 

   If they make the sacrifice (such concessions to liberty and tolerance! - J.Z.) then it may be that Russian soldiers themselves will destroy the rocket-missiles now directed against London and ready to destroy the town within a few hours. (Fantasy??? Not the opinion is fantastic but the fact.) It may also happen, that Russian aeroplanes will bring the atomic bombs to London instead of throwing them on the town. But the soldiers must acquire the confidence that such a procedure will be the best for Russia as well.

To constitute a provisional Russian government, that publishes a good political, social, and economic program, one understood by the man in the street, is obviously essential too. Many will never come over to the English, but will come, without hesitation, to a Russian government, established at a place still to be spoken of. You can be sure that English Bolshevist government is already constituted; therefore: no moralistic hesitations! (Average men fall  at once asleep once they hear of such themes. England's future depends of possessing men that do not get sleepy whey they hear such topics discussed.

 

The Mao-Regime will, nevertheless, soon disappear. Its money system is no better than Tshiang's system was. A        government, that finances itself simply by printing Assignats will be overthrown like that of Robespierre and in a similar way. Nationalism will again arise and this time arise against the Russian planners, of whom now several hundred are already, at work.

(J.Z.: Did he mean here, for or against England, in case of its occupation? - Alas, without the existence and wide-spread knowledge of a genuine liberation program all too many dictatorships can persist for all too long. In his letter writing he was often not as careful as in his written platform proposals. Thus, if one quoted his letters, then he wanted it made known that this was just an extract from a letter, that is, not from a carefully prepared document. - J.Z., 22.2.03.)

 

The successors of Mao will listen, if England proposes new (and rightful! - J.Z.) relations. One of the details could be the payment of imports from England to China by means of payments of Chinese origin. If in China there exists

an honest Dollar-Market and an honest Pound-Market, then the bills of exchange drawn on Shanghai firms may be Dollar-Bills or Pound-Bills. Such bills should not be liable to a redemption in rare metals but to be usable as means of payment against Shanghai firms. That's a technical detail seemingly quite outside of considerations concerning England's safety in a war. But I am convinced that by such technical detail the successors of Mao can be won as allied against the Soviets. The present system, by which China must pay in Dollars or in Pounds of American or English origin, makes an alliance between China and England impossible.

(J.Z.: Even more important might be to finally offer "equal treaties" to all kinds of voluntary Chinese communities in England, and the rest of the world, instead of the former "unequal treaties", that offered only foreigners and their protegee citizens some independence in China but denying it to Chinese there and elsewhere. The special and unfavourable treatment meted out by "foreign devils" to Chinese people is still not forgotten there and it was one factor that helped Communists get gain power there and to maintain it. B. discussed that at other occasions, but one should always keep that aspect in mind. Make citizenship quite voluntary and exterritorially autonomous - everywhere and the temporarily still continuing dictatorships will no longer be a major problem for long. - J.Z., 22.2.03.)

 

   Why not create a "Society of Friends of China" (a free China! - consisting of many free Chinese societies, all with voluntary members only! - J.Z., 24.5.03.) as Russia (the Soviets! - J.Z.) creates in all countries "Societies of the Friends of Russia" (exists in Berlin, too)? (Rather, a Society for Friends of Russia under Communism! Their opposites have not yet been sufficiently established, e.g. in form of exterritorially autonomous communities of volunteers, in all countries, for all the minorities that were suppressed in Soviet Russia and partly still are suppressed there even now, after its all too incomplete "liberation". - J.Z., 22.2.03.)

 

   If such a society expressly declares - - what would merely correspond to the facts - - that it would not recommend birth control for China (it may that during the last few years 100 million Chinese were killed by war, famine and diseases, so that China now is certainly under-populated) but recommends to her a sound monetary system, an external trade as free as possible for China and demanded from every government the repeal of every race discrimination (unlimited immigration for Chinese to all parts of the world if they desire to emigrate after the reforms the new society has to present), that may be the beginning of a new era in Chinese-English relations.

-------------------

 

   One example, how important may be the above hinted technical detail.

   In one of his speeches Goebbels (in the year 1934) said: Germany wants as many colonies as are necessary to supply her with all the goods that can't be produced in Germany, and why? Only in her own colonies is Germany  able to pay with her own money. Of a commercial system by which a country pays (J.Z.: A hand-written note that B. wanted to insert here is so cut off at the bottom of my photocopy that it is illegible. I presume he wanted to say something like: "for imports with assignments upon its own goods and services" - J.Z.) with its own monies (competitively issued! - J.Z.) Goebbels knew nothing. The press did not dare to write about such things, although certainly many of the older editors knew quite well how such a system is possible. But Schacht prohibited publishing articles about new commercial questions without the written permission of the Reichsbank. Important is, that the ignorance of Goebbels (and all other loading Nazis about the means of payment in external trade did here obviously prepared a war. The invasion to Russia in 1942 was, I am convinced, also caused by the consideration, that a subdued Ukraine had to accept German marks as a means of payment.

(J.Z.: A "Free" Trade without full monetary, clearing and value standard freedom is not a sufficiently Free Trade and thus brings about, again and again, "protectionist" interventionism and monopolies and international strife. Japan was even more obviously blockaded by the West - and its own "protectionists", so that its military men came to believe they had to militarily conquer markets for it, markets which Japananese producers and merchants could have peacefully "conquered" with her clearing certificates, buying much in the world and being covered by her goods ready for export. How much more of a "Japanese Miracle" would have occurred after WW II, if at least then Japanese people had been freed to help themselves and the World in this way? - J.Z., 24.5.03.)

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   Everybody, who read your explanations on pages 5/6 of the "Individualist" will admit that now a Chinese-English society, as above described, is psychologically possible. Before it was not. Then everybody in England considered the (seeming) overpopulation as the main cause of China's miseries. But that you attributed the new situation of Malthusianism to me, instead to Prof. Edwin Cannan - - oh, oh!!! I was somewhat frightened!

It is my real conviction that Cannan did scientifically kill the old Malthusianism and created the real suppositions of better relations between England and China. As long as Englishmen recommend a birth-control to Chinese, they will have not only the old Chinese manners and traditions as opponents but truth and facts too. Now they may disregard such arguments and do so with an easy conscience. (That's all most important, I think.)

 

(J.Z.: Already by getting all Chinese parents, now threatened by compulsory abortions, on the side of natural liberty, the Communist regime could be overthrown, fast and with little or no bloodshed. Monetary and financial freedom would allow many more Chinese to support themselves. But those, who have still some doubts on this, should be offered Free Migration as well, by & to the rest of the World, not only Free Trade, and the numerous diverse groups in China should be offered full exterritorial autonomy, first via corresponding governments in exile, all for those who had managed to escape or lived already in the "West" and wanted to live overseas in their particular Chinese way of life, and for all people still in Mainland China, who, in the future would want to live under their self-chosen and various governments and free societies, all exterritorially autonomous, including communist and socialist ones. But this would also require that the rest of the World would be similarly liberated. Otherwise, refugees from Communist China might end up e.g. in Australian concentration camps for illegal immigrants, for years, only to be finally deported back to China, as was also a Chinese woman, highly pregnant, whose was then compulsorily aborted in China. Some people would rather imprison innocents or murder them than think and consider and grant the freedom alternatives. - J.Z., 24.5.03.) 

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   Article: A German Army, page 3/4 of Ind.

   You write: "Moreover, Germany cannot be denied an army for all time, etc.". I think the matter is of little importance. The important side of the problem is, that the Eastern part of the Tri-zone's frontiers is defended. I think it is not defended if there are less than 2 million soldiers with their equipment. Whether the soldiers are Germans or others is - - militarily - - not important. (Here he should have at least mentioned the rightful militia alternative to standing armies. - and also that many less defenders would be needed if they were prepared to accept and help to fully liberate many millions of deserters and other refugees in the West, thus making them very fast self-supporting and prosperous without becoming a burden to others. - J.Z., 22.2.03.)

 

   As an old adherent of Tucker I cannot concede rights to a government and such rights not a fortiori. But any   German individual citizen wishes to contribute something to defend himself against the Soviets, then he should - - I think - - have the right to do so. To tell the truth: Voluntarily very few will contribute anything. As in all countries of the world, at the present era in history, very few like to participate actively in a war. On the other hand, they do desire seriously desire personal independence and abhor Soviet suppression. As long as such a state of affairs  prevails, conscription is justified. Also experience teaches that conscription for such purposes finds no resistance among the people. I wrote to you about this matter in my letter of 18.II., page 9.

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   At the present state of minds, I would not recommend to accept other Germans to an army than those, who voluntarily apply for service. The dismantlings (Demontagen - J.Z.) are not yet forgotten. That will require a long time or extraordinary events. Deliberate yourself: There are men who saw how many lost their job by dismantling, or lost their jobs themselves. Now they shall fight as the allies of those to whom they ascribe the responsibility for the dismantlings. (The man in the street still applies to subjects the responsibility for that which the government did, that taxed the subject. That is taught in the Bible as the normal method of judging responsibility and it still prevails, although not for biblical reasons. In any case, at the moment German soldiers got by conscription would not be the best allies.) The English did not consider French proverb: "Les ennemis des nos ennemis sont nos amis."

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   Zwangskurs. You say in your letter of 16. II.: "I wrote that a general rise of prices can occur if bankers make more loans (or at longer dates) than the resources of the country can stand."

   You are right, but where is the limit? Take a country X, populated by 100,000 Englishmen of the type which colonised America. Suppose all resources are suddenly destroyed by an earthquake. I assert: Although the country is without any resources, it is able to absorb any quantity of loans. By the loans the resources are created. If the government in good and follows the principles often explained in the "Individualist", then it will call-in immigrants, and, at last, the country may become a city of 10 million inhabitants, through the loans, and then the country is a fortiori able to absorb further loans. Although there certainly exists a limit, I cannot see it. In every case the limit is beyond the world's possibility to grant loans.                                                    

   If the loans are applied to construct roads and to improve the industrial plant, the effect must be a decrease of prices.

   But if the loans are granted in the form you suppose, that is, in the form of granting notes to the debtor for the amount borrowed and remaining in circulation until the debtor must repay the loan, then the possibility to absorb loans is very restricted.

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Very faithfully Yours - signed: U. v. Beckerath.

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U. v. Beckerath, …                                                                                                                  5. III. 1950.

 

Dear Mr. Meulen,

 

by your kindness I received yesterday:

 

1.) "Truth" of 17. II. 50,

2.) "Economist" of 18. II. 50,

3.) "National News-Letter" of 17. II. 50,

4.) "City Press" of 10. II. 50,

5.) "The Scots Independent," of December 1949.

 

Many thanks. All issues are of great interest. In every issue one may state that the necessary mental revolution in England has now begun. We all hope it may not yet be too late. The election's results are also a symptom and - -        insofar as I myself am concerned - - disappointed me in an agreeable manner. Before the elections I estimated Labour's majority at about 6o % (as did Stephen King-Hall in his issue of 26. I. 1950). This victory of 23. II. is a defeat - - under the prevailing conditions - - as many will have noticed. Individualism awakes!

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   India. I enclose a copy of a very interesting letter which Zander wrote to me and to Rittershausen. From that copy you may learn that Sanyal expects and would like a war with Pakistan. Sanyal is an  extraordinary man. I saw him in the year 1929 at Rittershausen's house at Zehlendorf (suburb of Berlin). We had a long discussion. We asked him for his program. A better Civil Law, possibilities to better the lower classes' standard of living, and the many other well known Indian problems. His answer always was: That's of no importance at all. Firstly the English must leave India. Everything else is then easily and quickly done. Now he and many men like him, whose mind is completely filled up with primitive nationalism, see that their nationalism can contribute nothing to any serious reform. And what they do now: They do not change their views - -  that would not correspond to human nature - -          they exaggerate nationalism to the utmost possible limit, and the first step to it is a war. That's the history of all revolutionary governments.

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   In Truth of 17. II. 50., page 170, I read a "Letter to the editor" of R. R. Cooke. The letter begins:

   "Sir - Is there the slightest hope for a world economy built on an artificially valued standard such as gold - the most useless metal and, therefore, the least in real worth?" -   Mr. Cooke continues: "… Value in terms of the essentials to life alone would give practical obedience to the natural laws of the universe, etc."

   Mr. Cooke does not say whether he will prohibit to valuate things publicly in terms of gold ounces, so as it is already prohibited in Russia and probably in other countries organized by Soviets. At the moment nobody prevents him from valuing anything in terms of the "essentials of life", so as he understands these essentials (there are 100 opinions about that among 100 intelligent men), and to publish his valuations. But I would remind - - if I would see him - - that the right statistical method to valuate in "essentials of life" - - provided these essentials were known - -  was unknown before 1923, when Irving Fisher published his "Making of Index Numbers". So one may say that before the year 1923 it was technically impossible to valuate things exactly enough in "essentials of life". The differences in the result of the many until 1923 used, or by the best experts proposed, methods of valuation are so great that the valuating simply in ounces of gold would have produced much less differences and - - if the matter would be discussed for the purpose of applying the valuation in "essentials of life" in practice - - the valuation of anything in terms of gold ounces would have been found to be the least evil at the present state of economies and statistics. Mr. Cooke does not say, that he would like to prohibit the bullion market, but my impression is that he  would like this.

My opinion is that the bullion market, at the present state of affairs, is the only means to find out the relative best value of a gold ounce and that this value is - - still now - - the best value to serve an a standard for other values. Other people may get and profess another opinion and I - - as adherent of Tucker - - defend their right to use in their own affairs their own standard of value.

But I claim - - as adherent of Tucker - - for myself the right to use, in my own affairs gold ounces, valued at a free bullion market (the word used in the sense of 1913) as a standard of value. I also claim the right to go to the free bullion market and to sell and buy there, within my capacity, and to offer and  to demand gold ounces in forms and quantities as I myself think fit, provided only that I act in full honesty and publicity. That publicity would include that if I offer gold ounces, which I do not possess but merely hope to possess in the future, I would tell that openly. The same principle shall be applied for the payment for gold ounces demanded by me. If I do not as yet possess          the expected means of payment, but merely hope to possess them in the future, I must also tell it freely and openly,  if I will remain honest.

   I am afraid that such principles do not agree to 100 % with your explanations about an invariable unit of value in "Free Banking".

 

But certainly we agree in that:

 

1 ) The Principle and the technique you propose should not be imposed upon anybody, so that he will be punished it he does not apply it or if he resists its application.

 

2.) The ideal of an invariable unit is very good, should be emphasised by every economist and the economist should admit that the value of a gold ounce at a free Bullion Market is by far not the best theoretically to be aspired to.

 

3.) At the present state of monetary science there prevail great differences in what an invariable unit should consist.  Every party is firmly convinced that its plan is best and should be generally accepted. In this situation everybody must be free to select his own unit at his own risk and expense and entitled to all advantages of the unit, if it proves to be a good unit. Such a right is a very essential right of man and citizen, not. inferior in rank to other rights proclaimed 1789.

 

   If the following is not right, please, correct me.

 

Your plan supposes the decision of one man (the best to be found) as a standard for his customers. This man is the banker who, in the interest of his customers and the people ready to accept his notes, fixes the amount of the notes to be issued. The amount being of great influence to the value-relation of notes to other things, one can say: h e fixes the value of the notes.

 

   Will you concede to people who know, from monetary history, to what extent the best educated and most honest and most able men may err, the privilege to use as their value unit the market value of a gold ounce? The adherents confess that, in their opinion, such a value is no more than the least evil to be found at the moment and that it is far from realising an ideal.

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   The article in the Economist of 18. II. 50., "Agreement through Strength", is one of the best I ever read in the Economist. The author takes the thing - - danger of atomic bombs - - so serious as it must be taken and he confesses - - which honours him much - - that nobody has  serious program. He says: "What are the next steps? Where can the West increase and deploy its resources with greatest defensive effect? These are more urgent   questions than whether or not the Communists are ready to sign - -  and break - - a limited atomic pact."

 

   I do think that it is the moral duty of every one of us to contribute to an answer to the author's questions.

   (See my "An ABC against Nuclear War", in PEACE PLANS 16 & 17, now at: www.panarchism.info/ - J.Z.)

 

Firstly is to be stated: The government will do nothing, probably because it can do nothing. Here is given a very similar situation as existed in the year 1812 in Prussia, when a number of intelligent, courageous men, well judging the situation, said:

Our government will do nothing against Napoleon. What can we do?

   You know, that one of the successes of their conferences was the Convention of Tauroggen, concluded on 30. 12.1812 between the Prussian General Yorck and the Russian General Diebitsch. (The celebrated Clausewitz - - author of "Vom Kriege" - - the best contribution [I think] to the natural history of war and far from glorifying it - - helped to prepare the convention.)

 

   In England a similar Union should be tried as was undertaken in the year 1812 in Prussia. This Union should discuss:

 

1.) A method of warfare in the style of Mao during the last two years

 

2.) Quite detailed provisions for the treatment of those who are won by Mao's methods.

 

3.) The formation of a provisional Russian government and a good program for it.

 

4.) Methods of collaboration between that government and the Union.

 

5.) Possibility to use atomic bombs, which the Soviets constructed, in the next civil war between the Soviets and Russian revolutionaries, so that the present possessors of the bombs (who are soldiers and officers not the men of the Kremlin) put them at the disposal of the revolutionaries. (All ABC mass murder and mass destruction devices

are not anti-government weapons but anti-people "weapons". As such they are quite unsuitable to fight a civil or revolutionary war, or a liberation war. Later B. recommended their unilateral destruction. Obviously, they could not serve to liberate the "proletarians" - neither in the East nor in the West. Nor can they be rightfully and efficiently used to defeat totalitarian or other despotic regimes. Even a knife or a handgun would be a better weapon for this. - J.Z., 22.2.03.)

 

6.) Methods to keep all promises made in the warfare by Mao's methods.

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    A man like Kenneth de Courcy should be invited. I believe that to be very important. The author of the mentioned article in the Economist should be invited too. Both will bring others and, perhaps men as good as themselves.

- - - -- - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - - - - - - - - - - - - -

 

   I hope you will have read in "City Press" F. W. Hoare's interesting article "Romance of Private Banking", where H. gives illustrations of ci-devant banking. He does not mention the Act of 1844. I think you are the only man in England who is aware that this Act violated an essential right of man and citizen: The right to issue his own notes, combined with the right to accept or to refuse notes of others.

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   Alexander says on page 12: "I have always taken the view that convertibility was of paramount importance".

   A. does not say what kind of convertibility he means. If he means convertibility on the old bad basis of a stock of the matter into which the pound is to be converted (a stock of gold coins, of Dollars, etc.), economists must insist that such a condition is technically impossible or - - what means the same - - possible only for a very limited time and for a very limited amount.

   The true opportunity to convert is an honest exchange market. It seems, Alexander, though certainly one of the best English economists, does not see that.

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   Scots  Independent.   It seems your article did not get the resonance it should have received. Bad for Scotland!

   At page four the Editor says about my modest remarks concerning some effects of devaluation:

   "The position in the opinion of competent authorities is different to-day. There is now a shortage of agricultural products and raw-materials, and the U.K. must buy them in a sellers' market, and the prices will tend rapidly to increase against us, even excluding any Government action and Marshall aid."

 

   How did things change in the few weeks since Mr. G. wrote that, in the whole world, more victuals are offered than demanded! (Commercially demanded - - that's true - - not physiologically wanted, which would be another kind of consideration. But it is very probable that, if every want could be transformed into demand, then, also, the offer would be greater than the demand.)

 

   In this year, the USA will reduce their area under wheat by 17 % and why? Too much wheat in the world!

 

   Food and raw-materials may become dearer in England as a consequence of devaluation, and in the long run they certainly will, but they will appear dearer only if their price is expressed in paper-pounds, not if expressed in gold ounces.

 

   To prevent any scarcity of victuals or raw-materials there is a very simple way: Let the people who wish to import both, to England or Scotland, import them without limitation or any control. Let them - - and that is the essential point - - be paid by means of payment of English or Scotch origin, not convertible in the old sense of the word, but to be used as means of payment for English or Scotch of goods. Then let the men, who get these means of payments for our imports, reflect upon the best possible use of these means of payment. Under the present conditions in the whole world, where the necessity to export is so great, that country wins that becomes first aware of the true nature of that necessity. In the USA the necessity is the greatest. The USA would - - at the present state of affairs - - even consent to cancel all her claims resulting from previous exports, if that would be a condition to export further. Why not use such a mentality as long as it exists? (One day the Americans will become aware of how imprudent they have been.)

 

   But - - say Scotch as well as English and all others: Imports without limitations and controls??? Rather perish!!! And they would not listen to the system which would be the basis for this - - it's too inconvenient!

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   In the latest commercial treaty between Bonn and Hague there is a provision that, upon demand, imports of cauliflower must be stopped, if Bonn thinks that German cauliflower-peasants suffer from too strong a competition. Self-blockade!

(J.Z.: Not really a self-blockade for the German cauliflower consumers, who would prefer cheaper cauliflower. It is rather these German consumers who are blockaded by the German cauliflower growers, with the help of the German government! - J.Z., 22.2.03.)

 

Very faithfully Yours signed: U. v. Beckerath.

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Another at least 65 mistakes were found and corrected, as a result of compiling a "summary" of 22 pages.  - J.Z., 10.6.03. You are welcome to correct the rest yourself. Partly I can blame my scanning system - but not for my typos and my spelling and proof-reading & other failures. The scanning mixes up e.g., Madame Roland with Madame Poland, public with pubic, loading with leading, he with be, in with is, etc. & Word's underlining do not discover such mistakes. Become such a discoverer, if you like. But I could try for the rest of my life to discover all such mistakes and still might fail. - J.Z., 10.6.03.

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