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Gold Quotes

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Gold Quotes

“Labour was the first price, the original purchase - money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased.”

“Forced from home, and all its pleasures, afric coast I left forlorn; to increase a stranger's treasures, o the raging billows borne. Men from England bought and sold me, paid my price in paltry gold; but, though theirs they have enroll'd me, minds are never to be sold.”

“...So they are trying to do something about it. They are not doing it by seeking charity. They are not begging at the welfare office. They are not, like many of their employers, lobbying the halls of Congress with their gold plated tin cups asking to be paid for not growing crops. They are trying to do it in the way that millions of other Americans have shown is the right way-organization, unionism, collective bargaining.”

“In the North, the sale of government bonds was the one measure for raising funds that seemed to work. Even that, however, with the lure of compounded interest to be paid in gold at a future date, failed to raise more than about half the needed amount. So the Union faced a real dilemma. The only options remaining were (1) terminate the war or (2) print fiat money. For Lincoln and the Republicans who controlled Congress, the choice was never seriously in doubt.”