Abraham Lincoln's Monetary Policy (1865)
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Abraham Lincoln's Monetary Policy (1865)         


Author: Optagon
Date: Aug 23, 2008 22:43

http://justpolitics.page.tl/Abraham-Lincoln-h-s-Monetary-Policy--k1-1865-k2--_-International...

Abraham Lincoln's Monetary Policy (1865)

Money is the creature of law, and the creation of the original issue
of money should be maintained as the exclusive monopoly of national
government. Money possess no value to the state other than that given
to it by circulation.

Capital has its proper place and is of men should be recognised in the
structure of and in the social order as more important than the wages
of money.

No duty is more imperative for the government than the duty it owes
the people to furnish them with a sound and uniform currency, and of
regulating the circulation of the medium of exchange so that labour
will be protected from a vicious currency, and commerce will be
facilitated by cheap and safe exchanges.
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1 Comment
Re: Abraham Lincoln's Monetary Policy (1865)         


Author: ZerkonX
Date: Aug 24, 2008 06:28

On Sat, 23 Aug 2008 22:43:18 -0700, Optagon wrote:
> "It is noteworthy that Lincoln issued this statement of his monetary
> policy in1865, just before the end of the civil war. A matter of weeks
> later, he was assassinated.

SEE: J.F. Kennedy
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