Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

Historians, anxious to rescue some semblance of a system from the chaos of the past, point out that since the dawn of civilization, the center of civilization has moved westward: from Polycrates’ Asian island and Solon’s Athens to Constantine’s Roman Empire nine centuries later, on to Charlemagne’s Frankish labyrinth, ever onward to Canute the Dane at the millennium, across the Channel to the fourteenth-century England of Edward III it came, gathered its breath there (while word of renascence breathed behind in Italy) for three centuries, readying for the leap across the sea to shores of a New World, where early settlers (having thrown off that yoke of tyrannical ignorance, religious persecution) promoted a culture founded in pure reason, and introduced their civilized art to the Indians, forging wampum of porcelain and bone. They prospered. Hard work was the only expression of gratitude their deity exacted and money might be expected to accrue as testimonial; though Pennsylvania decreed the pillory, with the ears nailed to it and cut off, and a complement of thirty-nine lashes and a fine, these dedicated beings did not quail. But like so many of the mystic contrivances devised by priesthoods which slip, slide, and perish in lay hands, this too became a cottage industry: tradesmen, barbers, and barkeeps issued money, keeping up as best they could with the thousand different banks who were doing the same thing. Before the war which was fought to preserve the Union, a third of the paper money in circulation was counterfeit, and another third the issue of what were generously termed “irresponsible” banks. Meanwhile inspectors went from one bank to another, following the security bullion which was obligingly moved from the bank they had just inspected to the one where they next arrived; and the importunate public, demanding the same assurance, was satisfied with boxes rattling broken glass. Merchants kept “counterfeit detectors” under their counters, and every bill offered them in payment was checked against this list of all counterfeits in circulation, and notes rendered worthless by the disappearance of the evanescent banks which had issued them.

lol

—p.495 PART II (279) by William Gaddis 2 years ago