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It is with government paper, and bank paper, as it is with the paper of private persons; that is, it is worth just what can be delivered in redemption of it, and no more. We all understand that the notes of the Astors, and Stewarts, and Vanderbilts, though issued by millions, and tens of millions, are really worth their nominal values.

Lysander Spooner

Biography

Author Profession: Philosopher
Nationality: American Quotes
Born: January 19, 1808
Died: May 14, 1887

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