This implies a return to a specie basis, and no substitute for it can be devised.
Ulysses S. Grant: “This implies a return to a specie basis, and no substitute for it can be devised.”
Editor's note · Context
Grant argues for a return to a gold standard as the only viable solution for currency stability.
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The compulsory support of the free school and the disfranchisement of all who can not read and write the English language, after a fixed probation, would meet my hearty approval.
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