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A Plea Unheard: Warning Against Paper Money

 
Re: A PLEA FOR THE CONSTITUTION OF THE UNITED STATES
 
Subtitle: Wounded in the House of Its Guardians by George Bancroft 1884

Mr. Bancroft is a most favored historian of the American Republic. This discourse on the history of the monetary policy is of interest because being among the great historians his dire predictions have come to past.

In what he calls ‘a death blow to the constitution’ the court has given ‘a sanction to irredeemable paper money’, and ‘clothes the government with powers that have no defined limit in its relations to the people’ [George Bancroft].

 
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