On the record
It was the cry, “Tax them out of existence! do not let them live! drive them from competition with these new children of ours, the national banks!” It was done.
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gutenberg.orgIt was the cry, “Tax them out of existence! do not let them live! drive them from competition with these new children of ours, the national banks!” It was done.
Sumner recounts a historical instance of aggressive taxation against banks, highlighting the competitive landscape.
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