On the record
The banks would issue unlimited amounts of what would become trash, and buy good hard-money bonds of the nation.
Source
gutenberg.orgEditor's note · Context
Blaine warns that banks would exploit a financial scheme to issue worthless currency.
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Durant speaks of no duty, apparently thinks of none resting upon Southern Union men.
It was the insane folly of the South, in drawing the sword against the life of the Nation, that led irresistibly to the abolition of slavery.
The wonder excited by the raising of the vast army which saved the Union from destruction was even surpassed by the wonder excited by its prompt and peaceful dissolution.
The wisdom of maintaining that institution was abundantly vindicated by the results of the war.
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