But the shrewd speculator calculates daily the depreciation of our note, the shortening of the yard stick, the shrinkage of the acre, the lessening of the ton, and thus it is that he daily adds to his gains from the indifference or delusion of our people.
Sherman critiques the impact of inflation on the economy and the exploitation of the public by speculators.
Share
More from John Sherman
Let us, my friends, unite in electing him President of the United States.
I believe that it will give a reasonable fair protection for the great industries of agriculture, manufacture, and commerce, which lie at the basis of the prosperity of this country.
How can we avert a calamity at which humanity and civilization shudder?
It seems to me that in the present condition of our finances there is no necessity for conferring these large powers on the Secretary of the Treasury.
Other voices in this conversation
