I said: "If, within a month or so, we are able to reduce our stock of silver to five or six millions, I should not hesitate a moment to offer it then freely in New York and elsewhere, and run the risk of doing without gold revenue for awhile.
Sherman expresses his willingness to offer silver freely in New York if the stock is reduced, highlighting his approach to currency management.
Share
More from John Sherman
The tax on spirits, tobacco and beer ought to be retained as the best objects of taxation either of domestic or imported goods.
It is not in my blood and these gentlemen cannot put it there.
But some of you may say, all this is very well, but what will you do to save the Union?
The policy of this country ought to be to make everything national as far as possible.
Other voices in this conversation
