On the record
The law of demand and supply is as unerring as that which regulates the tides of the ocean; and, indeed, currency, like the tides, has its ebbs and flows throughout the commercial world.
Source
gutenberg.orgEditor's note · Context
He compares the laws of currency to natural laws, emphasizing their reliability in regulating commerce.
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More from Andrew Johnson
Jul 17, 1868
In compliance with and execution of the act of Congress before mentioned, do issue this my proclamation, announcing the fact of the ratification of the said amendment by the legislature of the State of Louisiana.
Jul 19, 1868
No power exists in the Constitution authorizing the joint resolution or the supposed law--the only difference being that one would be more palpably unconstitutional and revolutionary than the other.
May 10, 1868
I transmit to Congress the accompanying documents, which embrace all the papers that have been submitted to me relating to the proceedings to which they refer in the States of North Carolina and Louisiana.
Apr 12, 1868
I transmit a report from the Secretary of State and a report from the Secretary of the Navy, with accompanying papers.
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