"Monetary system" Quotes from Famous Books
 ... which this meeting made to the agrarian movement was contained in the report of the committee on the monetary system, of which C. W. Macune was chairman. This was the famous sub-treasury scheme, soon to become the paramount issue with the Alliance and the Populists in the South and in some parts of the West. The committee proposed "that the system of using ...
— The Agrarian Crusade - A Chronicle of the Farmer in Politics • Solon J. Buck
... notes or sovereigns out of his hand for less than six or seven per cent. Can there be a more convincing proof that the currency of the country has been unduly drained away, and that the present monetary system, which forbids any extension of it in paper when the specie is abstracted, is based on a wrong foundation? Nor is it surprising that the currency should be straitened when it is notorious that every packet ...
— Blackwood's Edinburgh Magazine, Volume 61, No. 378, April, 1847 • Various
... ever set out upon its career with more perplexing tasks in front of it. The North had a monetary system; the South had to create one. The North had a scheme of taxation that produced large revenues from numerous sources; the South had to formulate and carry out a financial plan. Like the North, the ...
— History of the United States • Charles A. Beard and Mary R. Beard
... little room in which he was conferring. He saw the varied and pressing needs of a great nation labouring now under a currency system that held its resources as if in a strait-jacket. He saw in the old monetary system which had prevailed in the country for many years a prolific breeder of panic and financial distress. He saw the farmer of the West and South a plaything of Eastern financial interests. And thus, under the leadership of Woodrow Wilson was begun the first skirmish in the great battle to free ...
— Woodrow Wilson as I Know Him • Joseph P. Tumulty
... of mankind. Human labour and existing material are dealt with in relation to that. Trading and relative wealth are merely episodical in such a scheme. The trend of the article I read, as I understood it, was that a monetary system based upon a relatively small amount of gold, upon which the business of the whole world had hitherto been done, fluctuated unreasonably and supplied no real criterion of well-being, that the nominal values of things and enterprises had no clear and simple relation to the real physical prosperity ...
— A Modern Utopia • H. G. Wells |
