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" It makes the man of business an involuntary gambler, for in all sales where future payment is to be made both parties speculate as to what will be the value of the currency to be paid and received. I earnestly recommend to you, then, such legislation... "
The Bankers' Magazine, and Journal of the Money Market - Page 495
1874
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Annual Register, Volume 111

Edmund Burke - History - 1870 - 712 pages
...value of the measure of all values (gold) is detrimental to the interests of trade. It makes the man of business an involuntary gambler, for in all sales...earnestly recommend to you, then, such legislation as will ensure a gradual return to specie payments and put an immediate stop to fluctuations in the value of...
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A Resource of War--The Credit of the Government Made Immediately Available ...

Elbridge Gerry Spaulding - Finance, Public - 1869 - 368 pages
...of the measure of all values — gold — is detrimental to the interest of trade. It makes the man of business an involuntary gambler, for in all sales...recommend to you, then, such legislation as will insure the gradual return to specie payments, and put an immediate stop to the fluctuations in the value of...
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A Handbook of Politics for 1868 [to 1894]

Edward McPherson - United States - 1872
...value of the measure of all values (gold) is detrimental to the interests of trade. It makes the man of business an involuntary gambler, for, in all sales...immediate stop to fluctuations in the value of currency. The methods to secure the former of these results are as numerous as are the speculators on political...
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A Political Manual for 1866 [to 1870]

Edward McPherson - United States - 1870 - 142 pages
...value of the measure of all values (gold) is detrimental to the interests of trade. It makes the man of business an involuntary gambler, for, in all sales...return to specie payments and put an immediate stop to fiuctuations in the value of currency. The methods to secure the former of these results are as numerous...
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Annual Register

Edmund Burke - History - 1870 - 730 pages
...value of the measure of all values (gold) is detrimental to the interests of trade. It makes the man of business an involuntary gambler, for in all sales...earnestly recommend to you, then, such legislation as will ensure a gradual return to specie payments and put an immediate stop to fluctuations in the value of...
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The Annual Register

History - 1870 - 696 pages
...value of the measure of all values (gold) is detrimental to the interests of trade. It makes the man of business an involuntary gambler, for in all sales...earnestly recommend to you, then, such legislation as will ensure a gradual return to specie payments and put an immediate stop to fluctuations in the value of...
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A Political Manual for 1870: Including a Classified Summary of the Important ...

Edward McPherson - Reconstruction - 1870 - 144 pages
...value of the measure of all values (gold) is detrimental to the interests of trade. It makes the man of business an involuntary gambler, for, in all sales...the currency to be paid and received. I earnestly recommeud to yon, then, such legislation as will insure a gradual return to specie payments and put...
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Papers Relating to the Foreign Relations of the United States

United States. Department of State - United States - 1876 - 716 pages
...EXECUTIVE MANSION, December 5, 187C, RECOMMENDATIONS AND EVENTS. FIRST ANNUAL MESSAGE, DECEMBER 6. 1869. " I earnestly recommend to you, then, such legislation...immediate stop to fluctuations in the value of currency." Six and 5 per cent. United States bonds due, and coming due, " may be replaced by bonds bearing a rate...
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Das Staatsarchiv, Volumes 18-19

History, Modern - 1870 - 974 pages
...value of the measure of all values (gold) is detrimental to the interests of trade. It makes the man of business an involuntary gambler, for in all sales where future payment is to be mad« both parties speculate äs to what will be the value of the currency to be paid and received-...
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The Merchants' Magazine and Commercial Review, Volume 62

William B. Dana - Commerce - 1870 - 494 pages
...speculate as to what will be the value of the currency to be paid," and he concludes by recommending " such legislation as will insure a gradual return to specie payments, and put an immédiate stop to fluctuation in the value of currency." And here comes the most noteworthy part of...
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