NINTH—a supply of ready money will be kept on hand at all times by the government in sufficient quantities to meet all trade requirements so that industry cannot be held up for the want of it under any circumstances.
TENTH—paper money will be used most extensively as the trade convenience, although copper, nickel and silver will be used for small coinage. Paper money is most convenient for handling purposes as well as being the least expensive and quickest to make.
ELEVENTH—as security for its money the people will pledge the entire wealth of their country, which will give it a backing equal to its utilization.”
 As soon as Direct Credits for Everybody becomes a law the government will issue new money in sufficient quantities to meet all trade requirements and loan it to the people without interest.
 All old money will be traded in for the new money within a given period of. time at its face rate.
 The people must understand that it is the land, products and labor that contain value, not money. The dollar will be the unit of measurement only, through which the value of these things will be gauged.
 The dollar, backed by all of the wealth of the United States, will remain constant and the fluctuations in values will be in the land, products or services and not in the money. These fluctuations will be caused by supply and demand.
 Under Direct Credits Law every debt that has been lawfully contracted will be paid in full. Cheating will not be tolerated. Misrepresentations in trading will be extirpated entirely.
 Therefore:
 PRINCIPLE 5 is - DIRECT CREDITS FOR EVERYBODY.
 The American form of government is the best method of operation ever devised for a free and intelligent people as it gives to them a voice in the management of their own affairs.
 During the past the American people have made many mistakes trying to manage themselves, but mistakes are natural consequences for those who live and learn.
 Practical experience is nature’s great teacher.
 The worst mistake the American people made was to permit a gang of International swindlers to get control of their money and credit systems and then tie them hand and foot by getting control of their different organizations and publicity machinery with which they force the people to fight and whip themselves.
 However, by abolishing interest and giving Capital and Labor a free hand to create wealth abundantly through the utilization of the Lawson Money System, made lawful and supervised by the people’s trustees in Con­gress, will give the people another chance to demonstrate their ability to manage themselves under honest rules.
 Therefore: