On the record
With a national currency, uniform and equal throughout the country, this cost for exchange would not exist or would be greatly reduced.
Source
gutenberg.orgJohn Sherman: “With a national currency, uniform and equal throughout the country, this cost for exchange would not exist or would be…”
Editor's note · Context
Sherman advocates for a national currency to reduce exchange costs across the United States.
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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.
Our family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.
Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.
Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.
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