On the record
The currency of the United States had fallen almost as low as the Austrian kronen, and men derisively plastered the walls of their houses with the worthless paper of the Continental Congress.
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gutenberg.orgJames Beck: “The currency of the United States had fallen almost as low as the Austrian kronen, and men derisively plastered the…”
Editor's note · Context
Beck comments on the severe devaluation of currency in the early United States, reflecting economic instability.
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We must defend the right to work against those who would either destroy or degrade it.
That vision still remains as an ideal with the American people and still leads them to ever-higher achievements, for in all the mad changes of a frenzied hour, they have not yet lost faith in or love for the Constitution of the Fathers!
That vision will remain with them as long, and no longer, as there is in their hearts a conscious and willing acquiescence in its wisdom and justice.
The tendency of group morality to standardize man--and thus reduce all men to the dead level of an average mediocrity--is one that the law should combat.
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