On the record
In other words, the producers have got no more money now than they had before the debt was paid, while the capitalists have had their bonds changed into money.
Said by
Victoria C. Woodhull
Source
gutenberg.orgIn other words, the producers have got no more money now than they had before the debt was paid, while the capitalists have had their bonds changed into money.
She points out that despite the payment of the debt, the producers have not seen an increase in their financial situation.
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In all seasons of financial distress, gold, as a standard, has failed.
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It is in the people themselves, and in the fundamental principles upon which society is built, and those which the people allow government to be administered upon.