Publisher's Synopsis
Excerpt from Speech of Joseph R. Ingersoll, on the Subtreasury Bill: Delivered in the House of Representatives of the United States, March 31, 1846
Corcoran Riggs, with whom the money is deposited, and presents you the Option of geld or paper, or both. He must be fonder than I am of burdening his pockets who does not altogether, or in a great degree, prefer paper, which he knows to be represented to'its full extent either by precious metals, or by other substantial effects which render it convertible into them at the pleasure of the holder.
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