The public credit, moreover, would be greatly improved and the negotiation of new loans greatly facilitated by the steady market demand for Government bonds which the adoption of the proposed system would create.
Abraham Lincoln: “The public credit, moreover, would be greatly improved and the negotiation of new loans greatly facilitated by the…”
On the record
Source
gutenberg.orgEditor's note · Context
Lincoln argues that the proposed banking system would enhance public credit and facilitate new loans.
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