Phrase by 'John Buchanan Robinson'

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At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.

Author: John Buchanan Robinson - American Politician
  Only , Gold , Financial , Present


There is never enough gold to redeem all the currency in circulation.

Author: John Buchanan Robinson - American Politician
  Never , Gold , Enough , Currency


Accordingly, when the supply of gold runs short, the security behind the notes is diminished, the loaning of notes is restricted or suspended, and the panic follows.

Author: John Buchanan Robinson - American Politician
  Short , Gold , Security , Behind


Paper currency has hitherto been regarded with suspicion, as insecure.

Author: John Buchanan Robinson - American Politician
  Been , Paper , Suspicion , Currency


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.

Author: John Buchanan Robinson - American Politician
  Never , Value , Gold , Country


It was the king's army, the king's people, the king's taxes; and he who questioned the propriety of the royal prerogative of taking from his people without return or accounting, was reckoned, and felt himself to be, a criminal, guilty of the highest crime of disloyalty.

Author: John Buchanan Robinson - American Politician
  People , Army , King , Royal


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