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LAST DITCH OF DEMOCRACY - Majority Rights

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Some of you MUST stand back now and then, and sift out what you hear<br />

on your air. What you read in your papers. Must perceive that most of it<br />

is flimflam, that is, stuff poured out to get your mind off the fact, and to<br />

KEEP you from reflecting on the facts, and keep you from thinking at all<br />

of a sane order. There are plenty of flights of what Lenin called<br />

derisively “revolutionary inventiveness.” Meaning schemes detached<br />

from reality and possibility. Plans divorced for [from] true data.<br />

All right. Where have we got to? You don’t know. Perhaps no one does<br />

know. But at any rate in the debating club, the international, mondial<br />

world wide, etc. academy of the air, certain points have been made. In<br />

fact nearly all the points I have been arguing these past few years HAVE<br />

BEEN made. And made so thoroughly that your official world just has to<br />

pretend they aren’t there. Just as the press always did ignore certain facts<br />

for as long as possible.<br />

Your parliament does discuss points that were smothered for decades.<br />

Gold for example. Even Monty Skinnergue Norman knew that the value<br />

of gold is not stable. It fluctuates. Tables of its fluctuations were printed.<br />

A few bright lads deplored a gold standard simply because it did not<br />

recognize the mutable value of gold. Didn’t let it rise and fall on the<br />

market according to the law of supply and demand.<br />

Irving Fisher’s arguments about its fluctuability were, I suppose, used to<br />

help in the greatest gold brick swindle (I suppose it was about the<br />

greatest of all time). Gold fluctuates, Its price today is as never before a<br />

fancy price. It has gone out of use, it is not necessary as is oil or wheat.<br />

Nations can live for years without it. They could live without it<br />

altogether IF they were not attacked from outside. Its price is a fancy<br />

price. Not a fancy price such as is paid for a Rembrandt; not a fancy<br />

price as is paid for an old painting by a great master. Say there are only a<br />

dozen or ½ dozen Giorgiones, mostly in museums, national property,<br />

and, if there is one for sale and you can get six or eight millionaires all to<br />

think that they want it, you run up a fancy price. But gold is not even

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