The rising credit and financial strength of the United States would, it was believed, bring them to par without injustice to the debtor, but the rapid withdrawal of the notes would add to the burden of debts and cripple all forms of industry.
John Sherman: “The rising credit and financial strength of the United States would, it was believed, bring them to par without…”
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gutenberg.orgEditor's note · Context
Sherman warns that withdrawing currency notes too quickly would harm debtors and industries.
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