Political Quotes

Victoria C. Woodhull: It was not the amount of gold, absolutely, that the country was supposed capable of acquiring that thus entered into…

On the record
It was not the amount of gold, absolutely, that the country was supposed capable of acquiring that thus entered into consideration, but the ability of the country to produce certain quantities of merchandise, which should, in time, be sufficient, above consumption, to balance these promises to pay.
Said by
Victoria C. Woodhull

Editor's note · Context

Woodhull emphasizes that a country's productive capacity, rather than just its gold reserves, determines its financial stability.

Share

More from Victoria C. Woodhull

Charity, with its long cloak of justice escaped, has long enough covered a multitude of sins.

gutenberg.org

How has it been possible thus long for leaders to control the masses, except that the masses have permitted others to act for them, and that without rendering any account for such action?

gutenberg.org

To begin a work right, is to have it half accomplished; and most powerfully does this apply in the matter of determining who shall be your representatives.

gutenberg.org