Speech of James Clarke Esq of Indiana Delivered in the Convention to Amend T
Speech of James Clarke Esq of Indiana Delivered in the Convention to Amend T
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Banking, sir, modern bank- awakened energies of a free people, ing, I hold to be a device of Satan. It >ut, sir, these corporate bodies some- contains within it all the evils inherent nes tail, and when they fail, I ask you in other corporations for money making pnrposes, and also the gambling and to be a few merchants In our cities swindling principles of lotteries. These have overtraded. This community, sir, may be harsh terms, but is it not noto- reminds me of the observation that rious that... modern banking promotes " Boston is Massachusetts, and Massa- gambling'in stocks; in goods ; in western chusettsis the United States. " But how wild lands ; in town lots; and in cities was the community to be ruined ! on paper, to the detriment of lawful in- Why, a gentleman from the city, on dustry ? Banking also swindles society my right, (Mr. Biddle) says, if the banks by producing fluctuations in the value of Pennsylvania had not stopped pay- of the currency, and the refusal of the ment, they would have been stripped of banks, last May, to pay their debts, has their specie; and permit me to ask of the character of swindling.
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To quickly assess the difficulty of the text, read a short excerpt:
Banking, sir, modern bank- awakened energies of a free people, ing, I hold to be a device of Satan. It >ut, sir, these corporate bodies some- contains within it all the evils inherent nes tail, and when they fail, I ask you in other corporations for money making pnrposes, and also the gambling and to be a few merchants In our cities swindling principles of lotteries. These have overtraded. This community, sir, may be harsh terms, but is it not noto- reminds me of the observation that rious that... modern banking promotes " Boston is Massachusetts, and Massa- gambling'in stocks; in goods ; in western chusettsis the United States. " But how wild lands ; in town lots; and in cities was the community to be ruined ! on paper, to the detriment of lawful in- Why, a gentleman from the city, on dustry ? Banking also swindles society my right, (Mr. Biddle) says, if the banks by producing fluctuations in the value of Pennsylvania had not stopped pay- of the currency, and the refusal of the ment, they would have been stripped of banks, last May, to pay their debts, has their specie; and permit me to ask of the character of swindling.
What to read after Speech of James Clarke Esq of Indiana Delivered in the Convention to Amend T?
You can find similar books in the "Read Also" column, or choose other free books by James Clare to read onlineMoreLess
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