You would have to have 45 times the entire money supply of the United States today to pay the debts of the people of America, and then they would just have to start out from scratch, without a dime to go on with.
So, my friends, it is impossible to pay all of these debts, and you might as well find out that it cannot be done. The United States Supreme Court has definitely found out that it could not be done, because, in a Minnesota case, it held that when a State has postponed the evil day of collecting a debt it was a valid and constitutional exercise of legislative power.
Now, ladies and gentlemen, if I may proceed to give you some other words that I think you can understand — I am not going to belabor you by quoting tonight — I am going to tell you what the wise men of all ages and all times, down even to the present day, have all said: That you must keep the wealth of the country scattered, and you must limit the amount that any one man can own.

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