On the record
If the holder of the United States note prefers the gold and gets it from the Government, he should not receive back from the Government a United States note without paying gold in exchange for it.
Source
gutenberg.orgWilliam McKinley: “If the holder of the United States note prefers the gold and gets it from the Government, he should not receive back…”
Editor's note · Context
McKinley argues that holders of United States notes should only receive gold in exchange, reinforcing the value of gold.
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More from William McKinley
Mar 3, 1901
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