On the record
This security of coin payment enabled the government to sell bonds at a far higher rate than they would have commanded without it, and tended also to limit the depreciation of United States notes.
Source
gutenberg.orgEditor's note · Context
Sherman discusses how the security of coin payment positively influenced bond sales and limited currency depreciation.
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The policy of this country ought to be to make everything national as far as possible.
They want disunion, and not compromise or conciliation.
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