Not only were specie payments resumed without its aid, but exchanges have also been more rapidly restored than when it existed, thereby showing that private capital, enterprise, and prudence are fully adequate to these ends.
Martin Van Buren: “Not only were specie payments resumed without its aid, but exchanges have also been more rapidly restored than when it…”
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gutenberg.orgEditor's note · Context
Van Buren asserts that the economy has recovered without the need for a national bank, showcasing the capability of private enterprise.
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