Quote by: Lysander Spooner

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.


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Author Bio


  • NameLysander Spooner
  • DescriptionAnarchist, Entrepreneur, Abolitionist
  • BornJanuary 19, 1808
  • DiedMay 14, 1887
  • CountryUnited States Of America
  • ProfessionLawyer; Journalist; Essayist; Philosopher
  • WorksNo Treason