To go still deeper, there is a no more mischievous idea than that all paper money should be redeemable in gold which should alone be legal-tender, because everybody knows that the amount of currency this country demands cannot by any possibility ever be redeemed by gold.
Woodhull warns against the idea that all paper money should be redeemable in gold, arguing it is impractical given currency demands.
Share
More from Victoria C. Woodhull
I have deliberately and of my own accord placed myself before the people as a candidate for the Presidency of the United States, and having the means, courage, energy and strength necessary for the race, intend to contest it to the close.
Thousands possessed of comprehensive principles in a semi state of application have sunk with them into obscurity for lack of appreciation and support.
In such a condition of things, courts of justice, with all their attendant judges, bailiffs and attorneys-at-law, would find their occupation gone.
With its destruction the lives of two great political parties passed away, and left the people with no distinct lines of demarkation.