Political Quotes

Charles Sumner: The historian who has exposed this condition of things does not hesitate to liken this currency to pretended values…

On the record
The historian who has exposed this condition of things does not hesitate to liken this currency to pretended values stamped on leather or paper, and declared to be receivable in payment of taxes and in discharge of private debts.
Said by
Charles Sumner
Massachusetts

Editor's note · Context

Sumner compares the currency of his time to worthless values, emphasizing the lack of real backing for paper money.

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