The power granted to the Bank of France and the Bank of England to issue circulating notes was greatly abused during the period of war.
John Sherman: “The power granted to the Bank of France and the Bank of England to issue circulating notes was greatly abused during the…”
Editor's note · Context
Sherman critiques the abuse of note issuance by major banks during wartime, calling for stricter controls on such powers.
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Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.
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