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.
John Sherman: “But the shrewd speculator calculates daily the depreciation of our note, the shortening of the yard stick, the shrinkage…”
Editor's note · Context
Sherman critiques the impact of inflation on the economy and the exploitation of the public by speculators.
Share
More from John Sherman
The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.
The life of a civilian is in what he says or writes, that of a soldier in what he does.
Proud of Ohio, of its history and people, willing at all times to sound its praise in the sisterhood of states, yet, according to my convictions, the United States is entitled to my allegiance, and all parts of it should receive equal care…
It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.





