R 65,J John Zube, 7 Oxley St., Berrima, NSW 2577, Australia 2 August94 Horwitz.894 Steven Horwitz, Econ., ST. LAWRENCE UNIVERSITY, Canton, N.Y. 13617 Dear Prof. Horwitz, thanks very much for your letter andpermission of July 7th, and the additional material, receivedsome time ago. I had first to finish some other urgent jobs, e.g. the 4th volumeof my Slogans for Liberty series, & Kurt Schuler's paper onCurrency Boards. I had postponed filming the latter for all toolong because of some misunderstandings. Just now I have almost finished preparing your dissertation andone of your extra essays. Only some pen and liquid paperimprovements of the photocopies remain to be done. The reductionrate of 42x had to be used to fit the dissertation onto onefiche. Alas, when I just tried to print out the cover sheet, mysupposedly repaired old daisy wheel printer went on strike - so Ihave to resort to another system downstairs, in the cold. The other essays will follow soon, in one of the next microfiche,together with some other monetary freedom writings. I enclose, with my compliments, PP 9-11 & 40/41 & NL 5. Let meknow if you are interested in other titles from my series. Youhave credit with me. Alas, as one correspondent wrote to me yearsago : The highest price one has to pay for any writings is thetime to read them. When I met Hayek for a short interview in 84,he admitted that he had not had the time to follow the academicdebate which he had started with his Choice in Currency andDenationalization of Money. And no monetary freedom advocate hasas yet had access to ALL the relevant text. Not even Hayek wasfamiliar with the other monetary freedom writers of Germany. The early 20th century German monetary freedom advocates, whom Inamed the German School of monetary freedom, are still largelyunknown, unread and un-discussed among the modern academicsstudying this field. This in spite of the fact that they haveprobably developed the soundest and most extensive theoreticalfoundations for monetary freedom and the most detailed reformproposals and free banking techniques and the most suitableterms. But then I am biased in their favour, having had a longassociation with the main one of them, Ulrich von Beckerath, 1882- 1969. If only he would have had a PC at his disposal and wouldhave had a chance to join the modern debate! So far it has beenthe fate of many radical ideas that they had to be re-discoveredagain and again. I am always on the lookout for more free banking material andusually prepared to accept recommendations from others forinclusion in my series. But often considerable time passes beforeI get around to filming a title, so much material still being onhand to be processed. 3 years before you, Graeme Brooke Littler wrote a dissertation atthe GMU : The Economics and Political Economy of Lysander Spooner, 1986.I've got a copy and would like to include it, too, but he seemsto have moved and I do not know his new address. If you should bein touch with him, I would be grateful I you were to send me hiscurrent address. Alternatively, in your next communication to himyou might include my little LMP leaflet with the note that I seekpermission for filming his Spooner dissertation. - Spooner'sworst mistake was, I think, that he believed that ANY asset couldbe turned into a currency, without leading to the depreciation ofthat currency. It is an ancient mistake that is still all toomuch alive in all too many heads. The time factor is ignored, orwhat the Germans called the "reflux foundation" and so theyequate future values with present ones. I hope that Littler hasaddressed it sufficiently but will know only once I process itfor filming and thus at least skim read it. One or the other of the modern monetary freedom writers shoulddevelop and make accessible an updated address list of all suchwriters. That is one free exchange that would be quite legal andvery useful. Upon address changes one would then have to notifyonly one such "clearing house." A common newsletter would also beadvisable for other purposes. It need cost very little ifprovided only on fiche or and disk and upon demand. My own foldedfor lack of interest and of energy on my side and also the one ofthe German Monetary Freedom Network, by Siegfried Schwenke. Iwould gladly film such an address list and newsletter. 9-11, 40/41, NL5, Mini LMP PIOT, John Zube.