Any other well-founded credit, is as much an equivalent as gold and silver; and in some cases more so, or it would not be preferred by commercial people in different countries.
Benjamin Franklin: “Any other well-founded credit, is as much an equivalent as gold and silver; and in some cases more so, or it would not…”
Editor's note · Context
Franklin suggests that well-founded credit can be as valuable as gold and silver in commerce.
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