Political Quotes

John Sherman: “When, happily, our notes are equal to coin, they will be accepted as coin, both by the public creditor and by the…”

On the record
When, happily, our notes are equal to coin, they will be accepted as coin, both by the public creditor and by the government; but this acceptance should be left to the option of the respective parties, and the legal right on both sides to demand coin should be preserved inviolate.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman asserts that once notes are equal to coin, they should be accepted as such, while preserving the right to demand coin.

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