On the record
During the war vast expenditures compelled us to use paper money; the return of peace and the excess of revenue over expenditures should have been promptly followed by coin payments or notes payable in coin.
Source
gutenberg.orgJohn Sherman: “During the war vast expenditures compelled us to use paper money; the return of peace and the excess of revenue over…”
Editor's note · Context
Sherman emphasizes the importance of returning to coin payments after the Civil War to stabilize the economy.
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Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.
The life of a civilian is in what he says or writes, that of a soldier in what he does.
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.
The Union already embraces discordant elements enough without adding others.
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