Thank you for visiting SNEWPapers!
Sign up free
Editorial
August 7, 1846
The Democratic Pioneer
Upper Sandusky, Wyandot County, Ohio
What is this article about?
Quotes from Daniel Webster (1832), Thomas Jefferson (1816), and John Adams criticizing paper money and banking as exploitative and dangerous, advocating return to gold and silver circulation.
Clipping
OCR Quality
98%
Excellent
Full Text
Of all the contrivances for cheating the laboring classes of mankind, none have been more effectual than that which deludes them with paper money. This is the most effectual of inventions to fertilize the rich man's field with the sweat of the poor man's brow. - Daniel Webster in the U. S. Senate, 1832.
I sincerely believe that banking institutions are more dangerous than standing armies. - Thomas Jefferson to John Taylor May 28th 1816.
It will be in vain to talk of public credit, until we return to the pure unmixed circulation of standard gold and silver - John Adams.
I sincerely believe that banking institutions are more dangerous than standing armies. - Thomas Jefferson to John Taylor May 28th 1816.
It will be in vain to talk of public credit, until we return to the pure unmixed circulation of standard gold and silver - John Adams.
What sub-type of article is it?
Economic Policy
What keywords are associated?
Paper Money
Banking Dangers
Gold Standard
Economic Exploitation
What entities or persons were involved?
Daniel Webster
Thomas Jefferson
John Adams
U. S. Senate
John Taylor
Editorial Details
Primary Topic
Dangers Of Paper Money And Banking
Stance / Tone
Strongly Critical Of Paper Money And Banks, Pro Gold And Silver Standard
Key Figures
Daniel Webster
Thomas Jefferson
John Adams
U. S. Senate
John Taylor
Key Arguments
Paper Money Cheats Laboring Classes And Benefits The Rich At The Poor's Expense
Banking Institutions Are More Dangerous Than Standing Armies
Public Credit Requires Return To Pure Gold And Silver Circulation