Political Quotes

On the record
Do you believe that the paper which you recommend would be, on the average, of the same value as the present bank-note, which is convertible into gold?--I think that very shortly it would be of a higher value than our present standard.
Said by
Charles Sumner
Massachusetts

Editor's note · Context

Sumner believes that the proposed paper currency could eventually hold a higher value than the current bank-note system.

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