The Freeman 1972 - The Ludwig von Mises Institute

419CLARENCE B. CARSONTHEFOUNDINGOFTHEAMERICANREPUBLIC12The Scourgeof InflationA theft of greater magnitudeand still more ruinous, is the makingof paper money,. it is greaterbecause in this money there is absolutelyno real value,. it is moreruinous, because, by its gradualdepreciation during all the time ofits existence, it produces the effectwhich 'Would be produced by aminfinity of successive deteriorationsof the coins. All these iniquritiesa,re founded on the false ideathat money is but a sign.- COU NT DESTUTT TRACYMEN AT EASE and in comfortablecircumstances must find it difficultto comprehend the sufferings ofthe Patriot armies during the Warfor Independence. These armieshad to· suffer, in addition to thosetribulations incident to war, fromlack of clothing, blankets, sufficientfood, drink, transport, andmany other of the necessities oflife. Yet it is the judgment of thegenerality of historians that mostof this deprivation was unnecessaryand unwarranted. There wasfood aplenty in the states, andthere was at least the potentialityof enough clothing. It may beadded that there were enough menof the right age to' have constitutedoverwhelming forces againstDr. Carson shortly will join the faculty ofHillsdale College in Michigan as Chairmanof the Department of History. He is a notedlecturer and author, his latest book entitledThrottling the Railroads.