Political Quotes

Teddy Roosevelt: “In many respects the National Banking Law furnishes sufficient liberty for the proper exercise of the banking function…”

On the record
In many respects the National Banking Law furnishes sufficient liberty for the proper exercise of the banking function; but there seems to be need of better safeguards against the deranging influence of commercial crises and financial panics.
Said by
Teddy Roosevelt
Republican · New York

Editor's note · Context

Roosevelt acknowledges the need for better safeguards in the banking system to prevent financial crises.

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