"A time when panics seem far removed is the best time to prepare our financial system to withstand a storm. The most crying need this country has is a proper banking and currency system. The existing one is inadequate, and everyone who has studied the question admits it." - William Howard Taft
About the Author
David H. Burton is emeritus professor of history at St. Joseph's University in Philadelphia and the author of several books on the presidency. He is the general editor of The Collected Works of William Howard Taft.