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
I took a great interest in the founding of the famous Worcester Polytechnic Institute, and I was the first person named in its Act of Incorporation.
A complete system of education at the National charge was an essential element of the reconstruction policy.
Self-seeking political adventurers and demagogues have not been slow to take advantage of this feeling for their own purposes.
Certainly if he had performed the promise of his boyhood he would have been one of the foremost men in American literature.
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