He said that speculators and bankers and brokers could foresee the changes which came about from the fluctuations of paper money and protect themselves from them, but the workingmen and poor men had no such advantages--that they were the greatest sufferers.
Hoar highlights Grant's concern that the working class suffers the most from the fluctuations of paper money.
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More from George F. Hoar
And the Greeks, in turn, owed their astronomy to the Egyptians, with whom the year was reckoned as of three hundred and sixty days; and this three hundred and sixty-day year gives us the clue to the forty-day period for holding the Forest…
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We speak of a light that makes darkness visible; and similarly there are sounds that deepen the long intervals of silence with which they alternate.
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