On the record
I am told that the profits of the national banks are two or three times greater than those of the old State banks, which we did not hesitate to tax out of existence.
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gutenberg.orgI am told that the profits of the national banks are two or three times greater than those of the old State banks, which we did not hesitate to tax out of existence.
He points out that national banks are reportedly making much higher profits than state banks, which were heavily taxed.
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