On the record
If irredeemable notes were a national dishonor, why did he not urge their redemption in coin at some fixed period and then reissue them, and maintain their redemption by a reserve in coin?
Source
gutenberg.orgEditor's note · Context
Sherman questions the logic behind not redeeming irredeemable notes, highlighting the inconsistency in financial policy.
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More from John Sherman
I would regard it as a public calamity to have the power of this House placed, directly or indirectly, under the control of this administration.
How can we avert a calamity at which humanity and civilization shudder?
God forbid that the despots of the Old World should ever adorn their infernal logic by pointing to a disrupted Union here!
Thus the Kansas question became a political question in the Supreme Court.
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