On the record
While the argument in favor of contraction was prosecuted with great force, the possibility of going too fast, even in the right direction, was conceded by the wisest financiers.
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gutenberg.orgJames Blaine: “While the argument in favor of contraction was prosecuted with great force, the possibility of going too fast, even in…”
Editor's note · Context
Blaine acknowledges the careful consideration needed in financial policy, even when pursuing contraction.
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Under such circumstances, to send a military force into any State, with orders to act against the people, would be simply making war upon them.
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