The passage of the legal tender act was the turning point of our physical and financial history.
John Sherman: “The passage of the legal tender act was the turning point of our physical and financial history.”
Editor's note · Context
Sherman identifies the legal tender act as a pivotal moment in American financial history.
Share
More from John Sherman
The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.
Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.
Though my grateful thanks are due to them and have been often expressed, yet I have felt, as they do, that my duty was to the whole country.
If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.





