Not
Worth a Continental
by
Vin Suprynowicz
by Vin Suprynowicz
DIGG THIS
During the
Revolutionary War, a Continental Congress bereft of hard money was
reduced to buying supplies for Washingtons army by issuing
fiat paper money, notes that became known as Continentals.
Because these
pieces of paper could not be redeemed for gold or silver, their
value eroded quickly. By wars end hardly anyone would accept
them, and the phrase not worth a Continental was widespread
in the land. It was widely reported Washingtons men found
the only use of the paper money (other than, um
sanitary
purposes) was to line well-worn boot to keep out the rain and snow:
for decades thereafter a worthless piece of fiat paper money not
redeemable in silver or gold was called a shin plaster.
If this part
of our history was as well known as it used to be, would Americans
have been as complacent when FDR seized Americans gold and
substituted paper money not redeemable in gold in 1934; when Lyndon
Johnson finished this insidious process by switching America from
silver coinage to nearly worthless cupro-nickel and Federal Reserve
notes no longer redeemable in silver
in the mid-1960s?
If the reasons
the founding generation were so adamant about having Congress set
the value of the dollar in gold or silver were well remembered,
would we find it as hard to believe, today, that the prices of oil
and gasoline and milk and eggs are not really up, if priced in 1908
20-dollar gold pieces of 1928 silver dollars whats
really changed is that todays paper dollar has
the buying power of the nickel of yesteryear?
The SEC just
barred speculative trading in oil futures that tend to push the
price of oil or gasoline too high. The Senate wants
to follow suit by making this the law.
Have such price
controls been tried before? Did they lead to shortages, rationing,
and black markets? Did criminal enterprises that got started feeding
those government-induced black markets go on to create any more
mischief, later on?
Those who do
not know their history, as Mr. Santayana warned, are doomed to repeat
it. All of the above lessons and many more should
come tripping off the tongue of any American who has studied his
or her nations history in public school, along with a hearty
Lets not try THAT again!
But they dont.
As comedian Jay Leno has great fun demonstrating by taking his Tonight
Show cameras out on the sidewalk from time to time, the typical
young American on the street today has trouble remembering against
whom we fought the American Revolution, who bombed Pearl Harbor,
and why better use wasnt made of the aeroplane during the
Civil War.
Our unionized
schoolmarms explain that kids find history boring, a
mere parade of names and dates, that we must shift away from dry
and dusty chronologies to teach thematic history.
In real life,
this devolves as often as not into a depressing catalogue of oppression
of various victim groups oppression both real
and imagined by the dead white slave-owners of
yesteryear.
Yes, history
should be taught warts and all none of our forebears
were paragons. (Well, except Washington, until he took the army
into Pennsylvania.) But it would be naïve not to note its
now way out of style to insist theres something special
something exceptional about America and our legacy of liberty,
to teach that some happy coincidences of history made this nation
not only great, but the unique bearer of the torch of freedom.
Do our public
school graduates understand that, today? Can they explain it? Why
not?
To understand
and be able to explain American exceptionalism, like it or not,
it may be necessary to at least understand why aeroplanes were not
used in the Civil War, why the British couldnt use the train
to get back and forth between New York and Philadelphia in 1788,
why no one seemed concerned that opium and marijuana and machine
guns were perfectly legal in 1905 (an era so safe that Americans
didnt even lock their doors), and why the Jackson Democrats
kept making such a fuss about the National Bank.
American schoolchildren
used to be expected to memorize Washingtons farewell address
or Lincolns Gettysburg address, or both. Now were told
this is far too much to expect of 15-year-olds who spend hundreds
of hours devotedly mastering strategy for complex interactive video
games.
Nevadas
Council to Establish Academic Standards was scheduled to meet July
21 to adopt new public-school history standards. When some attention
was drawn to what theyre up to, they promptly postponed their
meeting for lack of a quorum.
Behind
all the double-talk about replacing fact-driven, chronological history
with a more thematic approach, the unmistakable goal
is to dumb down our history classes still further. The draft proposal
under consideration is gobbledy-gook, says Carson City
School Board member (and former history teacher) Joe Enge. The stated
goals are so broad I could drive a truck through them,
Mr. Enge says.
Extrapolating
themes from history is great. But a young person cannot
possibly judge let alone generate a useful interpretation
of any facet of American history if he or she cannot locate the
battlefields of Gettysburg, Pearl Harbor, Bunker Hill, Guadalcanal,
Normandy, and Yorktown on a globe
place them in their proper
chronological order
and name a commanding officer from at
least three.
Go ahead, ask
them. Write in to let me know how they do whether our kids
have this basic stuff down so cold by the ninth grade that our standards
can now afford to be softened up, even more.
August
1, 2008
Vin
Suprynowicz [send
him mail] is assistant editorial page editor of the daily Las
Vegas Review-Journal and author of The
Black Arrow.
Copyright
© 2008 Vin Suprynowicz
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