On the record
We had to appeal to the patriotism of bankers to accept the demand notes of the United States as money, with no prospect of being able to pay them.
Source
gutenberg.orgJohn Sherman: “We had to appeal to the patriotism of bankers to accept the demand notes of the United States as money, with no prospect…”
Editor's note · Context
Sherman recounts the challenges faced in convincing bankers to accept government notes as currency.
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