On the record
The first condition of business is stability, which is only another form of security; but this is impossible, when nobody can tell from day to day the value of the currency.
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gutenberg.orgCharles Sumner: “The first condition of business is stability, which is only another form of security; but this is impossible, when…”
Editor's note · Context
Sumner argues that stability is essential for business, which is undermined by unpredictable currency values.
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