If made a legal-tender, and not issued in excess of the legitimate demand, the notes will remain at par, and pass in all transactions, great and small, at the full value of their face; we shall have one currency for all sections of the country, and for every class of people, the poor as well as the rich.
James Blaine: “If made a legal-tender, and not issued in excess of the legitimate demand, the notes will remain at par, and pass in all…”
Editor's note · Context
Blaine discusses the importance of a stable currency that serves all citizens equally.
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