It is with government paper, and bank paper, as it is with the paper of private persons; that is, it is worth just what can be delivered in redemption of it, and no more. We all understand that the notes of the Astors, and Stewarts, and Vanderbilts, though issued by millions, and tens of millions, are really worth their nominal values.
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"It is with government paper, and bank paper, as it is with the paper of private persons; that is, it is worth just what can be delivered in redemption of it, and no more. We all understand that the notes of the Astors, and Stewarts, and Vanderbilts, though issued by millions, and tens of millions, are really worth their nominal values." — Lysander Spooner #politicsgovernment
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It is with government paper, and bank paper, as it is with the paper of private persons; that…
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It is with government paper, and bank paper, as it is with the paper of private persons; that is, it is worth just what can be delivered in redemption of it, and no more. We all understand that the notes of the Astors, and Stewarts, and Vanderbilts, though issued by millions, and tens of millions, are really worth their nominal values. — Lysander Spooner
About Lysander Spooner
Lysander Spooner was a Philosopher from United States (1808–1887).
Frequently Asked Questions
Who said "It is with government paper, and bank paper, as it is with the paper of private…"?
This quote is attributed to Lysander Spooner, a Philosopher from United States.
When did Lysander Spooner live?
Lysander Spooner lived from 1808 – 1887.
What is this quote about?
This quote touches on Politics & Government. Browse more quotes on these themes from the categories page.