Just after silver dollars and silver certificates were replaced by Fed Notes .
At the end of his speech , he allowed a few questions , one of which was about any value of the fiat , long term . His response : “I guarantee you that if you put paper currency of the major nations on a table and turn out the light , when the light comes back on the US Fed Note will be the one missing !”.
Thunderous applause from the Young Democrats .
Puzzled looks exchanged by the Young Republicans and the undecided .
Comment by someone filing out of the assembly ” Can’t you just picture that prune face peering out from under a sun bonnet in one of the Conestoga Wagons headed west ?”