"Interconvertible" Quotes from Famous Books
... from the inflationist, or farmers' period that followed." The primary objects of the labor reformers were, it appears, to lower the rate of interest on money and to reduce taxation by the transformation of the war debt into interconvertible bonds. The farmers, on the other hand, were interested primarily in the expansion of the currency in the hope that this would result in higher prices for their products. It was not until the panic of 1873 had intensified the agricultural ... — The Agrarian Crusade - A Chronicle of the Farmer in Politics • Solon J. Buck |