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"The colonies would gladly have borne the little tax on tea and other matters, had it not been that England took away from the colonies their money, which created great unemployment and dissatisfaction. Within a year, the poor houses were filled. The hungry and homeless walked the streets everywhere. The inability of the colonists to get power to issue their own money permanently out of the hands of George III and the International Bankers was probably the Prime reason for the Revolutionary War."
By: | Benjamin Franklin (more quotes by Benjamin Franklin or books by/about Benjamin Franklin) |
(1706-1790) US Founding Father | |
Source: | as quoted from his autobiography |
Categories: | Banking, America, Money, Power, Poverty, Currency, Unemployment, Tax, Revolution |
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