Political Quotes

John Sherman: “The policy adhered to of collecting these duties in gold coin, had been the chief cause of upholding and advancing the…”

On the record
The policy adhered to of collecting these duties in gold coin, had been the chief cause of upholding and advancing the public credit, and making it possible to lessen the burden of interest by the process of refunding.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman credits the collection of customs duties in gold as crucial for maintaining public credit.

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