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Writing: A Remedy for the Country

A Remedy for the Country, § 36

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§ 36

Fourth, the payments into the Bank should as far as possible be proportioned to the period within which the Bank undertakes to convert all its notes and should be accepted in any kind of coin, gold, silver, copper or notes that may be most convenient to borrowers, but (N.B.) all on the bases outlined under the first and second points, whereby the Bank will more quickly obtain valuables with which to redeem its notes from others and can thus with greater certainty maintain its credit.

 

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