On the record
Under these conditions it became necessary to approach the specie standard of value without a contraction of the currency.
Source
gutenberg.orgEditor's note · Context
Sherman discusses the necessity of maintaining currency volume while transitioning to a specie standard.
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More from John Sherman
It was the same old story of injustice and wrong, of might against right.
You have all contributed, more or less, in perverting the public mind as to our principles and purposes.
The tax on spirits, tobacco and beer ought to be retained as the best objects of taxation either of domestic or imported goods.
That is all we ask, and what we demand at all hazards.
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