Political Quotes

John Sherman: “After resumption the distinction between coin and United States notes should be, as far as practicable, abandoned in the…”

On the record
After resumption the distinction between coin and United States notes should be, as far as practicable, abandoned in the current affairs of the government; and therefore no coin certificates should be issued except where expressly required by the provisions of law, as in the case of silver certificates.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman argues for the abandonment of the distinction between coin and notes in government transactions after the resumption of specie payments.

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