Political Quotes

James Blaine: “So long as the Government was compelled to pay its interest in coin, while the business of the country was conducted…”

On the record
So long as the Government was compelled to pay its interest in coin, while the business of the country was conducted upon the basis of suspended paper, the burden upon the people would be great.
Said by
James Blaine
Republican · Maine

Editor's note · Context

Blaine explains the financial strain on the populace due to the government's obligation to pay interest in coin while using paper currency.

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