On the record
It is unreasonable to expect a return to a sound currency so long as the Government by continuing to issue irredeemable notes fills the channels of circulation with depreciated paper.
Source
gutenberg.orgEditor's note · Context
Johnson argues that the issuance of irredeemable notes prevents a return to sound currency.
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Feeling constrained to withhold my consent, I herewith return the resolution to the Senate, in which House it originated, with a brief statement of the reasons which have induced my action.
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