Political Quotes

James Blaine: “If it had been practicable to adhere rigidly to the specie standard, the national expenditure might have been materially…”

On the record
If it had been practicable to adhere rigidly to the specie standard, the national expenditure might have been materially reduced; but the exactions of the war would have been all the time grating on the nerves of the people and oppressing them with remorseless taxation.
Said by
James Blaine
Republican · Maine

Editor's note · Context

Blaine reflects on the potential financial benefits of adhering to the specie standard amidst wartime pressures.

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