"Centuple" Quotes from Famous Books
... the regularity of its operations, and the immediate convertibility of its paper into coin; and what confidence could be reposed in an institution or its paper promises, when the sovereign could at any moment centuple those promises in the market, and seize upon all the money in the bank? The compulsory measures used, likewise, to force bank-notes into currency, against the judgment of the public, was fatal to the system; for credit must be free and uncontrolled as ... — The Crayon Papers • Washington Irving |