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Kindle Notes & Highlights
by
Jules Archer
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July 31 - September 23, 2022
Butler dropped out of his Quaker high school in 1898 and joined the Marines at age sixteen to fight in the Spanish American War.
The first important fact he learned was that the government no longer had to back up every paper dollar with a dollar’s worth of gold. This meant that the Roosevelt Administration could increase the supply of paper money to keep its pledge of making jobs for the unemployed, and give loans to farmers and homeowners whose property was threatened by foreclosure. Banks would be paid back in cheapened paper dollars for the gold-backed dollars they had lent.
We don’t want any more wars, but a man is a damn fool to think there won’t be any more of them. I am a peace-loving Quaker, but when war breaks out every damn man in my family goes. If we’re ready, nobody will tackle us. Give us a club and we will face them all. . . .