On the record
Congress should make the regulation under which banks may exist, but should not make banking a monopoly by limiting the amount of redeemable paper currency that shall be authorized.
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gutenberg.orgUlysses S. Grant: “Congress should make the regulation under which banks may exist, but should not make banking a monopoly by limiting the…”
Editor's note · Context
He calls for Congress to regulate banking without creating a monopoly on currency issuance.
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