Political Quotes

Andrew Johnson: “It is unreasonable to expect a return to a sound currency so long as the Government by continuing to issue irredeemable…”

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.
Said by
Andrew Johnson
Democratic · Tennessee

Editor's note · Context

Johnson argues that the issuance of irredeemable notes prevents a return to sound currency.

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Jul 17, 1868

I transmit the accompanying communications from the Secretary of the Interior, together with the papers to which they have reference.

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My object in this communication is to suggest certain defects in the Constitution which seem to me to require correction.

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