On the record
In other times the general confidence in these notes would maintain them at par in coin, and justify their use as reserves of banks and for the redemption of bank notes.
Source
gutenberg.orgJohn Sherman: “In other times the general confidence in these notes would maintain them at par in coin, and justify their use as…”
Editor's note · Context
Sherman notes that confidence in U.S. notes can maintain their value during stable economic times.
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