On the record
His primary object was to convert United States notes into interest-bearing bonds, and thus force the immediate resumption of specie payments or the substitution of national bank notes for United States notes.
Source
gutenberg.orgJohn Sherman: “His primary object was to convert United States notes into interest-bearing bonds, and thus force the immediate…”
Editor's note · Context
Sherman outlines McCulloch's objectives regarding U.S. notes and the push for specie payments.
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If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.
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What I have written is no doubt clouded with partisanship, but I would not be honest if I did not express my attachment to my party.
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