Benjamin Harrison Quotes
There never has been a time in our history when work was so abundant or when wages were as high,…
Presidents later when there was a very good economy flaunted the fact as did Harrison. See {641123}. In Harrison’s case, the good times didn’t last very long. In less than a year, the economy collapsed and we had the worst depression in history until the Great Depression came along 4 decades later.
Benjamin Harrison, 1833-1901, 23rd President of the United States (Republican, IN), Annual Message to Congress, December 6, 1892
Sourced by: Eigen's Political and Historical Quotations
The statement was used later by Lyndon B. Johnson in his presidency. However the first President to brag about good economic times was Benjamin Harrison {618540}.
Prince de Benévant. Alexander Hamilton had devised a system of bonds to assume the revolutionary war debt, and, despite the objection of many other politicians like Jefferson, assumed a national debt. But the Untied States was growing and Hamilton’s bonds were so well implemented, that even the sophisticated leaders of Europe were openly admitting that U. S. Bonds were excellent investments and Europeans and other foreigners have been buying American debt ever since.
Actually, the proportion was not so well balanced. Americans were wanting more consumer goods and there was a shortage of labor in 1776. That shortage was particularly critical with various skilled craftsmen ranging from gunsmiths to experienced sailors; carpenters to surveyors. But there was also a shortage of unskilled workers, so Paine’s point was correct: Unemployment was not a problem in colonial America.
- Born: August 20, 1833
- Died: March 13, 1901
- Nationality: American
- Profession: President
Benjamin Harrison was an American politician and lawyer who served as the 23rd president of the United States from 1889 to 1893. He was a grandson of the ninth president, William Henry Harrison, and a great-grandson of Benjamin Harrison V, a founding father who signed the United States Declaration of Independence.
