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John Buchanan Robinson Quotes


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Quotes by John Buchanan Robinson

Showing 21-27 of 27 Quotes by John Buchanan Robinson

At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.

~John Buchanan Robinson

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There is never enough gold to redeem all the currency in circulation.

~John Buchanan Robinson

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Accordingly, when the supply of gold runs short, the security behind the notes is diminished, the loaning of notes is restricted or suspended, and the panic follows.

~John Buchanan Robinson

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Paper currency has hitherto been regarded with suspicion, as insecure.

~John Buchanan Robinson

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When not only gold but all commodities are available for the redemption of the paper currency, its volume is limited only by the value of all the wealth of the country, and it can never become insecure up to this limit.

~John Buchanan Robinson

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The Massachusetts Land Bank, during Colonial times, prospered, and brought prosperity to the community, until it was forcibly suppressed by special act of Parliament.

~John Buchanan Robinson

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It is often said by reformers that government should be conducted upon business principles.

~John Buchanan Robinson

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Biography

Nationality: American

Type: Politician

Born: May 23rd, 1846

Died: January 28th, 1933

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