Political Quotes

James Blaine: “The war of 1812 followed, and in the sweep of its disastrous influence a large majority of these banks were destroyed…”

On the record
The war of 1812 followed, and in the sweep of its disastrous influence a large majority of these banks were destroyed, their notes never redeemed, and great distress consequently inflicted upon the people.
Said by
James Blaine
Republican · Maine

Editor's note · Context

Blaine describes the impact of the War of 1812 on banks and the resulting economic distress.

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