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Quote from Daniel Webster,


"We are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors and a ruined people."


By:

Daniel Webster (more quotes by Daniel Webster or books by/about Daniel Webster)


(1782-1852) US Senator

Source:

speech in the Senate, 1833

Categories:

Economics, Fed, Money

Rating:

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