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“When not only gold but all commodities are available for the redemption of the paper currency, its volume is limited only by the value of all the wealth of the country, and it can never become insecure up to this limit.”
 
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Tags: Available | Become | Commodities | Country | Currency | Gold | Insecure | Limit | Limited | Never | Only | Paper | Redemption | Up | Value | Volume | Wealth
 
Author details
 
 
Nationality:   American
 
Date of Birth:   May 23, 1846
 
Date of Death:   Jan 28,  1933
 
Profession:   Politician
 
 
 
 
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