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Chartist Circular

418

... Exposure of the Banking and Funding System. BY J. E. EICHARDSON, AUTHOR OF AND BLACK BOOKS. ...

Published: Saturday 21 August 1841
Newspaper: Chartist Circular
County: Lanarkshire, Scotland
Type: Article | Words: 16 | Page: Page 2 | Tags: Commerce 

THE PAPER BUBBLE

... A paper debt and a metallic currency are incompatible. The people do not, in truth or in justice, owe more than two-thirds of the debt in (he currency in which it was contracted, and they have no right to pay it in any other currency. Beyond the two-thirds the rest was the inflation of the paper system, and we cannot be fairlycalled upon to pay back gold in exchange for air. The politicians ...

Published: Saturday 27 March 1841
Newspaper: Chartist Circular
County: Lanarkshire, Scotland
Type: Article | Words: 641 | Page: Page 3 | Tags: Commerce