John Sherman: “We provided for gold interest and gold revenue, to avoid the extreme…”

On the record

We provided for gold interest and gold revenue, to avoid the extreme inflations of an irredeemable currency.

Said by

Ohio

Source

Sherman discusses measures taken to ensure gold interest and revenue to prevent currency inflation.

More from John Sherman

Though my grateful thanks are due to them and have been often expressed, yet I have felt, as they do, that my duty was to the whole country.

Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.

Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.

The life of a civilian is in what he says or writes, that of a soldier in what he does.

Other voices in this conversation

John Sherman: “We provided for gold interest and gold revenue, to avoid the extreme inflations of an irredeemable currency.”