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.
Source
gutenberg.orgThere 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.
Sherman emphasizes the inevitability of using credit money during wartime, highlighting the challenges faced by the government.
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