On the record
He said that it was an immense injury to all classes of the people, but that it bore heavily upon poor and ignorant men.
Source
gutenberg.orgEditor'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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More from George F. Hoar
Certainly if he had performed the promise of his boyhood he would have been one of the foremost men in American literature.
But, as I have already said, when the time came, he always subordinated his own desire to what he deemed the welfare of the public.
However any political antagonist might dislike him, every antagonist must respect him, and nobody could laugh at him.
It would have been a worse civil war than that of the Rebellion, because the country would have been divided not by sections, but by parties.
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