"While conditions in the United States because of the World War are serious, they are so much better than in the years following the close of the Civil War, that we who have had the double experience can be greatly encouraged. Then one-half of our country was devastated, its industries destroyed or paralyzed; now we are united and stronger in every way. Then we had a paper currency and a dangerous inflation, now we are on a gold standard and with an excellent banking and credit system. The development of our resources and wonderful inventions and discoveries since the Civil War place us in the foremost position to enter upon world commerce when all other nations have come as they must to co-operation and co-ordination upon lines for the preservation of peace and the promotion of international prosperity."
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People from New York (state)Members of the United States SenateRepublican Party (United States) politicians
Original Language: English
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Sources
My Memories of Eighty Years (1922), p. 352
https://en.wikiquote.org/wiki/Chauncey_Depew
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Chauncey Depew
Chauncey Mitchell Depew (April 23, 1834 - April 5, 1928) was an American attorney, businessman, and Republican politician. He is best remembered for his two terms as United States Senator from New York and for his work for Cornelius Vanderbilt, as an attorney and as president of the New York Central Railroad System.
11 quotes on TrueQuotesView all quotes by Chauncey Depew →
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