Political Quotes

Whitelaw Reid: It is a doctrine that raised an outcry in every Continental bourse, and struck terror to every gambling European…

On the record
It is a doctrine that raised an outcry in every Continental bourse, and struck terror to every gambling European investor in national loans, floated at usurious profits, to raise funds for unjust wars.
Said by
Whitelaw Reid

Editor's note · Context

Reid reflects on the widespread concern among European investors regarding the implications of his proposed doctrine on national debts.

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