On the record
A Cuban dollar is worth about forty American cents, and this Cuban scrip is ground out as fast as the presses can print it.
Source
gutenberg.orgEditor's note · Context
He notes the devaluation of the Cuban dollar compared to the American dollar, highlighting economic instability.
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I believe that it will give a reasonable fair protection for the great industries of agriculture, manufacture, and commerce, which lie at the basis of the prosperity of this country.
Confiscation is not only justified by the laws of war, by the practice of many nations, but it is practiced by our enemies in the most obnoxious way.
That is all we ask, and what we demand at all hazards.
Some of you broke down the only political organization that could compete with us, and thus gave us an easy victory.
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