... under this system, make no absolute promise to pay specie on demand, the system nevertheless affords a much better practical guaranty for specie payments, than the old specie paying system (so ... natural rights, for a government to forbid the lending and hiring ofmoney for manufacturing industry, as it is to forbid the lending and hiring of land, or agricultural implements, for agricultural ... IV.SECURITY OF THE SYSTEM. Supposing the property mortgaged to be ample, the system, as a system, is absolutely secure. The currencywould be absolutely incapable of insolvency; for there could...