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  • One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.

    William Howard Taft
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    George Washington, John Adams, Thomas Jefferson, James Madison, James Monroe, John Quincy Adams, Andrew Jackson, Martin Van Buren, William Henry Harrison, James Knox Polk, Zachary Taylor, Franklin Pierce, James Buchanan, Abraham Lincoln, Ulysses S. Grant, Rutherford B. Hayes, James A. Garfield, Grover Cleveland, Benjamin Harrison, William McKinley, Theodore Roosevelt, William Howard Taft, Woodrow Wilson, Warren G. Harding, Calvin Coolidge, Herbert Hoover, Franklin D. Roosevelt, Harry S. Truman, Dwight D. Eisenhower, John F. Kennedy, Lyndon Baines Johnson, Richard Milhous Nixon, Jimmy Carter, Ronald Reagan, George Bush, Bill Clinton, George W. Bush, Barack Obama (2017). “Inaugural Speeches from the Presidents of the United States - Complete Edition”, p.191, e-artnow sro
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One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic. - William Howard Taft
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