On the record
Until this is removed, there will be no new enterprises involving great sums, no active industries, but money will lie idle, and watch and wait the changes that may be made before we reach the specie standard.
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gutenberg.orgUntil this is removed, there will be no new enterprises involving great sums, no active industries, but money will lie idle, and watch and wait the changes that may be made before we reach the specie standard.
Sherman warns that without resolving monetary issues, economic activity will stagnate as capital remains idle.
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