On the record
There was no escaping the issue of credit money in some form, and of whatever form adopted we knew that gold and silver would soon disappear under the shadow of war--that they would be hoarded or exported.
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gutenberg.orgJohn Sherman: “There was no escaping the issue of credit money in some form, and of whatever form adopted we knew that gold and silver…”
Editor's note · Context
Sherman emphasizes the inevitability of using credit money during wartime, highlighting the challenges faced by the government.
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More from John Sherman
What I have written is no doubt clouded with partisanship, but I would not be honest if I did not express my attachment to my party.
It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.
The life of a civilian is in what he says or writes, that of a soldier in what he does.
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.
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