Roger Lowenstein Quote
A chief attraction of the real bills theory was that it took decisions regarding the money supply out of human hands. John Carlisle, Treasury secretary under Cleveland, maintained that issuing notes is not a proper function of the Treasury Department, or of any other department of the Government. The task was just too difficult. Rather, Carlisle said, currency should be regulated entirely by the business interests of the people and by the laws of trade.
Roger Lowenstein
A chief attraction of the real bills theory was that it took decisions regarding the money supply out of human hands. John Carlisle, Treasury secretary under Cleveland, maintained that issuing notes is not a proper function of the Treasury Department, or of any other department of the Government. The task was just too difficult. Rather, Carlisle said, currency should be regulated entirely by the business interests of the people and by the laws of trade.
Related Quotes
Your traditional EDUCATION is not going to CHANGE your life but the life you are experiencing that can change you. Choose a POSITIVE life STYLE with positive ATTITUDE which could bring you a life with...
Rashedur Ryan Rahman
Tags:
attitude, business, communication, dreams, faith, finance, happiness, hope, inspirational, knowledge