Radical Common Sense the President And Congress
Radical Common Sense the President And Congress
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In our eReader you can find the full English version of the book. Read Radical Common Sense the President And Congress Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Radical Common Sense the President And Congress
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— This ought to be reduced, and must be, and that is what is sought to be accomplished by the resolution above.
It is confidently believed that capital in- vested in business for the last year has not yielded an average return of five per cent. : and there is no good reason to believe it coula yield a greater return in business than it now does while we are contracting to specie pay- ment. The chances are that it will be less. Loans permanent and safe, and which re- quire no attention, ought al...ways to be made at least one per cent, below the average returns of business. It is a matter which will gen- erally regulate itself, and when the rates of interest are kept above the average returns of business, convulsions and jjanic are sure to follow, and strew their wrecks on every hand. The rates of interest must be reduc- ed to the nation, the state, the towns, and the individual, and the burdens resting on business and labor reduced to the utmost possible extent. Communities can pay in- terest in proportion to the profits and amount of their capital.
What to read after Radical Common Sense the President And Congress?
You can find similar books in the "Read Also" column, or choose other free books by Jacob H Jacob Hart Ela to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
— This ought to be reduced, and must be, and that is what is sought to be accomplished by the resolution above.
It is confidently believed that capital in- vested in business for the last year has not yielded an average return of five per cent. : and there is no good reason to believe it coula yield a greater return in business than it now does while we are contracting to specie pay- ment. The chances are that it will be less. Loans permanent and safe, and which re- quire no attention, ought al...ways to be made at least one per cent, below the average returns of business. It is a matter which will gen- erally regulate itself, and when the rates of interest are kept above the average returns of business, convulsions and jjanic are sure to follow, and strew their wrecks on every hand. The rates of interest must be reduc- ed to the nation, the state, the towns, and the individual, and the burdens resting on business and labor reduced to the utmost possible extent. Communities can pay in- terest in proportion to the profits and amount of their capital.
What to read after Radical Common Sense the President And Congress?
You can find similar books in the "Read Also" column, or choose other free books by Jacob H Jacob Hart Ela to read onlineMoreLess
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