On the record
They furnished the best substitute for gold and silver that could then be devised, and if we could limit United States notes to the amount then authorized by law they would form a suitable and valuable currency.
Source
gutenberg.orgEditor's note · Context
Sherman argues for the effectiveness of United States notes as a substitute for gold and silver.
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More from John Sherman
Some of you broke down the only political organization that could compete with us, and thus gave us an easy victory.
It was the same old story of injustice and wrong, of might against right.
But, sir, I have no hope, while this House is constituted as it is now, of instituting any radical reform.
You can arrest this movement, and you alone can do it.
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