History of the United States From the Earliest Period to the Administration of
History of the United States From the Earliest Period to the Administration of
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One passage we may quote as contain- incr counsel valuable at all times to our O citizens. " Let it be indelibly engraven on our minds, " says Mr. Van Buren, "that relief is not to be found in ex pedients. Indebtedness can not be less ened by borrowing more money, or by ehaninn^ the form of the debt. The O O balance of trade is not to be turned in oui favor by creating new demands upon us abroad. Our currency can not be improved by the creation of new banks, or more issues from those which now ...exist. Although these devices sometimes appear to give temporary relief, they almost invariably aggravate the evil in the end. It is only by re trenchment and reform, by curtailing public and private expenditures, by paying our debts, and by reforming our banking system, that we are to ex pect effectual relief, security for the fu ture, and an enduring prosperity. " The independent treasury system was long and ably discussed during the ses sion, and the prominent speakers and 1*40.
debaters, on both sides, set forth the advantages and disadvantages of the O O plan with great fulness of detail.
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You can find similar books in the "Read Also" column, or choose other free books by J a Jesse Ames Spencer to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
One passage we may quote as contain- incr counsel valuable at all times to our O citizens. " Let it be indelibly engraven on our minds, " says Mr. Van Buren, "that relief is not to be found in ex pedients. Indebtedness can not be less ened by borrowing more money, or by ehaninn^ the form of the debt. The O O balance of trade is not to be turned in oui favor by creating new demands upon us abroad. Our currency can not be improved by the creation of new banks, or more issues from those which now ...exist. Although these devices sometimes appear to give temporary relief, they almost invariably aggravate the evil in the end. It is only by re trenchment and reform, by curtailing public and private expenditures, by paying our debts, and by reforming our banking system, that we are to ex pect effectual relief, security for the fu ture, and an enduring prosperity. " The independent treasury system was long and ably discussed during the ses sion, and the prominent speakers and 1*40.
debaters, on both sides, set forth the advantages and disadvantages of the O O plan with great fulness of detail.
What to read after History of the United States From the Earliest Period to the Administration of?
You can find similar books in the "Read Also" column, or choose other free books by J a Jesse Ames Spencer to read onlineMoreLess
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