Political Quotes

John Tyler: “Such suspension is productive of the greatest detriment to the public by expelling from circulation the precious metals…”

On the record
Such suspension is productive of the greatest detriment to the public by expelling from circulation the precious metals and seriously hazarding the success of any effort that this Government can make to increase commercial facilities and to advance the public interests.
Said by
John Tyler
Whig · Virginia

Editor's note · Context

Tyler warns that the suspension of specie payments harms the economy by removing precious metals from circulation.

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