If the legal tender notes could have been wedded to any form of gold bond by being made convertible into it, they would have been lifted, by the gradual advance of our public credit, to par in gold, leaving the question of contraction to depend upon the amount of notes needed for currency.
Sherman argues that making legal tender notes convertible to gold bonds would have improved their value and public credit.
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That is all we ask, and what we demand at all hazards.
God forbid that the despots of the Old World should ever adorn their infernal logic by pointing to a disrupted Union here!
You have all contributed, more or less, in perverting the public mind as to our principles and purposes.
The policy of this country ought to be to make everything national as far as possible.
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