It is due to frankness and manhood for me to say that in the country there is a feeling now, that if the present system should be continued unchanged, the result would be that gold would be demonetized, being worth more than silver as coined by the government of the United States.
Sherman expresses concerns about the potential demonetization of gold if the current monetary system remains unchanged.
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More from John Sherman
Confiscation is not only justified by the laws of war, by the practice of many nations, but it is practiced by our enemies in the most obnoxious way.
The worst evil that could befall our country is civil war, but the outrages in Kansas cannot be continued much longer without producing it.
That is all we ask, and what we demand at all hazards.
The tax on spirits, tobacco and beer ought to be retained as the best objects of taxation either of domestic or imported goods.
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