Paper Money is a Disease

Davis, Garret. THE PUBLIC CREDIT SPEECH OF HON. GARRET DAVIS, OF KENTUCKY, ON THE BILL TO STRENGTHEN THE PUBLIC CREDIT, DELIVERED IN THE UNITED STATES SENATE, FEBRUARY 27TH, 1869.

Washington, D.C.: Intelligence Printing House, 1869. Unopened folded pamphlet; 8 pp. Some soiling and creasing. Garret Davis (1801–1872), Whig Party U.S. Senator gave this speech on how to handle the U.S. Debt: We must stay with gold: Three are four ways of dealing with the national debt by Congress: 1. To pay the nominal amount of the bonds in gold and silver coin. 2. To pay them in greenbacks. 3. To pay their gold value in coin. 4. To repudiate them.” The people that have a sound gold circulation have as much advantage in this contest over another which has a vicious paper circulation as one man possessing a healthy, life-giving blood would have in a long personal contest over another whose diseased and slowly-coursing fluid was the sure precurser of death.” At the time of cataloguing, no other copy for sale.

$75

In stock

Stock Code: 1322B19 Collection: Catalogue:

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