Political Quotes

Victoria C. Woodhull: “No sooner did the supply of gold at the command of the government fail, than the latter was compelled to resort to its…”

On the record
No sooner did the supply of gold at the command of the government fail, than the latter was compelled to resort to its credit, or to a direct representation of the true value and wealth of the country.
Said by
Victoria C. Woodhull

Editor's note · Context

Woodhull highlights that when gold supplies dwindled, the government had to rely on credit, indicating a shift in financial practices.

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