Repeal of the Resumption Law Speech of Hon James a Garfield of Ohio Delive
Repeal of the Resumption Law Speech of Hon James a Garfield of Ohio Delive
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Tliis result accomplished by means of a lartre reserve of specie and a favorable state of the foreign exelians-es. It succeeded perfectly, and we may fairly assert that, financially speaking^, it saved Franav. Er money would very quickly have fallen in value, and its downward progress would have "been rapid, much more ia)iid than the increase in its amount Fortunately for us, the contrary of all this has happened ; but let us not draw any false inferences for the future from this happy concurre...nce of circumstances. We may be sure that the principles which regulate a credit currency are precisely the same in 1874 as they were iirior to 1870, and that a condition of legal tender arid suspended specie payments is always a misfortune.
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You can find similar books in the "Read Also" column, or choose other free books by James a James Abram Garfield to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Tliis result accomplished by means of a lartre reserve of specie and a favorable state of the foreign exelians-es. It succeeded perfectly, and we may fairly assert that, financially speaking^, it saved Franav. Er money would very quickly have fallen in value, and its downward progress would have "been rapid, much more ia)iid than the increase in its amount Fortunately for us, the contrary of all this has happened ; but let us not draw any false inferences for the future from this happy concurre...nce of circumstances. We may be sure that the principles which regulate a credit currency are precisely the same in 1874 as they were iirior to 1870, and that a condition of legal tender arid suspended specie payments is always a misfortune.
What to read after Repeal of the Resumption Law Speech of Hon James a Garfield of Ohio Delive?
You can find similar books in the "Read Also" column, or choose other free books by James a James Abram Garfield to read onlineMoreLess
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