It only depressed production and placed the markets of every kind under the control of reckless operators.
James Blaine: “It only depressed production and placed the markets of every kind under the control of reckless operators.”
Editor's note · Context
Blaine argues that contraction of currency harmed production and allowed market manipulation.
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And if Congress shall break up the present Union by unconstitutionally putting strife and enmity and armed hostility between different sections of the country, instead of the domestic tranquility which the Constitution was meant to insure…
Without the exercise of those functions which belong exclusively to the civil service, the laws cannot be executed in any event, no matter what may be the physical strength which the Government has at its command.
Is any portion of the people bound to contribute their money or their blood to carry on a contest like that?
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.





