John,

The quotation you’ve pulled from Liberty here (“But prudence is understood to be a virtue . . .”) may well be representative of Schulder’s views, but the words you quote are not by Fred Schulder. The article you’re quoting from (“Who Is A Rascal?”) is by Steven T. Byington; Fred Schulder wrote the article immediately above it, “A Healthy Sign.”

The formatting that Anarchy Archives did on the issue unfortunately makes this less than clear, but Tucker more or less always put author’s signatures at the end of the articles, not above the headlines, as you can see in the original page layout.

Hope this helps.