Political Quotes

On the recordSeptember 6, 2016
In the United States, with its immense area, numerous natural divisions, still more competing divisions, and abundant outlets to foreign countries, there is no argument either of banking theory or expediency which dictates the creation of a single central banking institution, no matter how skillfully managed, how carefully controlled, or how patriotically conducted.
Said by
Carter Glass
Virginia

Editor's note · Context

Carter Glass argues against a single central banking institution in the U.S.

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