Political Quotes

James Blaine: “A currency worth less than it purports to be worth, will in the end defraud not only creditors, but all who are engaged…”

On the record
A currency worth less than it purports to be worth, will in the end defraud not only creditors, but all who are engaged in legitimate business, and none more surely than those who are dependent on their daily labor for their daily bread.
Said by
James Blaine
Republican · Maine

Editor's note · Context

Blaine warns that a currency undervalued can harm creditors and workers alike.

Share

More from James Blaine

Without the exercise of those functions which belong exclusively to the civil service, the laws cannot be executed in any event, no matter what may be the physical strength which the Government has at its command.

gutenberg.org

But this is a totally different thing from an offensive war to punish the people for the political misdeeds of their State Government, or to enforce an acknowledgment that the Government of the United States is supreme.

gutenberg.org

And if Congress shall break up the present Union by unconstitutionally putting strife and enmity and armed hostility between different sections of the country, instead of the domestic tranquility which the Constitution was meant to insure…

gutenberg.org

The right of the General Government to preserve itself in its whole constitutional vigor by repelling a direct and positive aggression upon its property or its officers cannot be denied.

gutenberg.org

Other voices in this conversation