Political Quotes

Lysander Spooner: “Farmers have a double, and much more than a double, inducement to use their lands as banking capital; because they not…”

On the record
Farmers have a double, and much more than a double, inducement to use their lands as banking capital; because they not only get a direct profit from the loan of their notes, but, by loaning them, they furnish the necessary capital for the greatest variety of manufacturing purposes.
Said by
Lysander Spooner

Editor's note · Context

Spooner discusses the dual incentives for farmers to use their land as banking capital.

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