"We say in our platform that we believe that the right to coin and issue money is a function of government. We believe it. We believe that it is a part of sovereignty, and can no more with safety be delegated to private individuals than we could afford to delegate to private individuals the power to make penal statutes or levy taxes…Those who are opposed to this proposition tell us that the issue of paper money is a function of the bank, and that the government ought to go out of the banking business. I stand with Jefferson rather than with them, and tell them, as he did, that the issue of money is a function of government, and that the banks ought to go out of the governing business… When we have restored the money of the Constitution, all other reform will be possible, but until this is done there is no other reform that can be accomplished."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
William Jennings Bryan, Cross of Gold Speech, 1896.
https://en.wikiquote.org/wiki/Monetary_reform
Revision History
No revisions have been submitted for this quote.
Categories
Monetary reform
15 quotes on TrueQuotesView all quotes by Monetary reform →
Related Quotes
"All the perplexities, confusions, and distresses in America arise, not from defects in their constitution or confeder…"
"Experience, more prevalent than all the logic in the world, has fully convinced us all, that it (paper money issued d…"
"After President Jackson vetoed Congress’ re-charter the 2nd Bank of the US and paid-off the national debt, President …"
"The bankers will favor a course of special legislation to increase their power…They will never cease to ask for more,…"
"The depression was the calculated 'shearing' of the public by the World Money powers, triggered by the planned sudden…"
"As you know, I am entirely sympathetic with the objectives of your Monetary Reform Act…You deserve a great deal of cr…"
"The real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over…"
"I have no hesitation to say if they can re-charter the bank (2nd Bank of the US – a privately-owned central bank) wit…"
"This institution (privately-owned central banks) is one of the most deadly hostility against the principles of our Co…"
"The treasury, lacking confidence in the country, delivered itself bound hand and foot to bold and bankrupt adventurer…"