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8350. TAXES, Paper money and.—

Every one, through whose hands a bill passed,
lost on that bill what it lost in value, during
the time it was in his hands. This was a
real tax on him; and * * * the most op
pressive of all, because the most unequal of all,—
To M. de Meunier. Washington ed. ix, 260. Ford ed., iv, 165.
(P. 1786)