It was the productive capacity of this country that gave value to its currency and bonds irrespective of gold.
Victoria C. Woodhull: “It was the productive capacity of this country that gave value to its currency and bonds irrespective of gold.”
Editor's note · Context
This statement asserts that the value of currency and bonds is derived from a country's productive capacity, challenging traditional views on gold's necessity.
Share
More from Victoria C. Woodhull
If the angel in the bush were possible, why may not angels manifest the wisdom, power, and justice of God in our legislative halls?
As the beams reflected from the mountain top are of the sun, and not the mountains, so are these spiritual rays of the spiritual sun, and not of the individual reflecting them, or through whom they may chance to shine.
Religion, clad in its robes “of purple and fine linen,” faring “sumptuously every day,” forgetting that Christ was cradled in a manger, and that His disciples were fishermen, continually cries, as did the “Pharisees and hypocrites” of old…
Verily, verily, I say unto you, this people vaunteth and puffeth itself with knowledge, but wisdom hath surely departed to the lowly ones of earth!