On the record
The State banks have performed their task as agents of currency, and the time has come for them to abdicate,--or, if they do not abdicate, at least to conform to the new system.
Source
gutenberg.orgCharles Sumner: “The State banks have performed their task as agents of currency, and the time has come for them to abdicate,--or, if…”
Editor's note · Context
Sumner calls for state banks to either step aside or adapt to the new currency system.
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More from Charles Sumner
Consent of the governed necessary in forming new governments of, XII. 298.
Early testimony of the Church against, I. 59.
The only Constitutional party and party of freedom, VII. 38.
Contrary to Christianity, but upheld by the Church, I. 54, 58.
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