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 RobinsonAccording to your sympathy, you will take pleasure in your own happiness or in the happiness of other people; but it is always your own happiness you seek.
John Buchanan RobinsonAccordingly, 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