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Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times.
John Buchanan Robinson
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"Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times."
— John Buchanan Robinson #moneywealth

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Large sums were paid for the use of money, because the available amount of gold and silver was…

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Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times. — John Buchanan Robinson

About John Buchanan Robinson

John Buchanan Robinson was a Politician from United States (1846–1933).

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Frequently Asked Questions

Who said "Large sums were paid for the use of money, because the available amount of gold…"?
This quote is attributed to John Buchanan Robinson, a Politician from United States.
When did John Buchanan Robinson live?
John Buchanan Robinson lived from 1846 – 1933.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.