Indeed the ease with which it can be transported and the certainty of its redemption makes the paper money of the United States better than gold.
George F. Hoar: “Indeed the ease with which it can be transported and the certainty of its redemption makes the paper money of the United…”
Editor's note · Context
Hoar argues that U.S. paper money has advantages over gold due to its transportability and redemption certainty.
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