He said that it was an immense injury to all classes of the people, but that it bore heavily upon poor and ignorant men.
George F. Hoar: “He said that it was an immense injury to all classes of the people, but that it bore heavily upon poor and ignorant men.”
Editor's note · Context
Hoar shares Grant's view on the detrimental effects of irredeemable paper money on various social classes, especially the poor.
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