Every increase of protective duties is necessarily followed, in the present condition of our country, by an expansion of the currency, which must continue to increase till the increased price of production, caused by the expansion, shall be equal to… — John C. Calhoun Copy Share Image
“Some countries in earlier eras achieved rising per capita incomes but, when the source of the rise had been played out, were unable to continue the increase.” — Edward A. Hudson Copy Share Image
