Wednesday, March 20, 2013

MARCH 4, 1861 – INAUGURATION OF PRESIDENT ABRAHAM LINCOLN, 16TH PRESIDENT OF THE UNITED STATES – A REPUBLICAN


1861 – INAUGURATION OF PRESIDENT ABRAHAM LINCOLN, 16TH PRESIDENT OF THE UNITED STATES – A REPUBLICAN
"The Government should create, issue and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of the consumers.  By the adoption of these principles, the taxpayers will be saved immense sums of interest.  The privilege of creating and issuing money is not only the supreme prerogative of the government, but it is the Government's greatest creative opportunity."
This is something to keep in mind during this period when Republican parties at the local level hold their “Lincoln Day” annual fundraising dinners.

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