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If all bank loans were paid, there would not be a dollar of coin or currency in circulation. Someone has to borrow every dollar we have in circulation. We are absolutely without a permanent money system.
Robert W. Hemphill
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Robert W. Hemphill
Age: 68 †
Born: 1915
Born: May 10
Died: 1983
Died: December 25
Judge
Lawyer
Politician
U.S. Representative
Chester
South Carolina
Absolutely
Coins
Paid
Loan
System
Banking
Money
Dollar
Someone
Currency
Loans
Without
Bank
Circulation
Every
Permanent
Coin
Would
Dollars
Borrow
More quotes by Robert W. Hemphill
Someone has to borrow every dollar we have in circulation, cash or credit.
Robert W. Hemphill