Gold cannot furnish the circulating medium for the world, and credit must be resorted to; and the necessity of having two kinds of circulation involves difficulties which the mercantile world would be glad to have forever done with.
This quote discusses the limitations of gold as a currency and the necessity for credit in economic systems.
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Our money is not measured by Gold—Gold is measured by it.
At no time since the close of the Revolutionary War has there been a time more fitting and inviting for such a work.
Gold is relatively valuable for the general uses it can be made to subserve; so, too, and only so, are all other products.
It is this species of corruption that is becoming a stench in the nostrils of all those whose patriotism is more than pocket deep.