On the record
I said that when coin, the best of currency, was driven out of circulation, by the existence of war or extraneous circumstances, it was the duty of Congress to provide a substitute.
Source
gutenberg.orgJohn Sherman: “I said that when coin, the best of currency, was driven out of circulation, by the existence of war or extraneous…”
Editor's note · Context
Sherman asserts that Congress must act to provide a currency substitute when coin is unavailable due to external factors.
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Our family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.
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