“Labor seeking higher wages is, in part, attacking the value of the dollar; farmers seeking higher prices for their products and eager to pay off the mortgage on the farm are, in part, assailing the value of the dollar; tariff protected industries join in reducing the purchasing power of the dollar. All debtors favor a depreciating dollar.”

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Originally said in English.

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About Edgar Lawrence Smith

Edgar Lawrence Smith is quoted here; further biographical details are not publicly available.

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