On the record
The only answer to this was that history taught us that the public faith of a nation alone is not sufficient to maintain a paper currency.
Source
gutenberg.orgJohn Sherman: “The only answer to this was that history taught us that the public faith of a nation alone is not sufficient to maintain…”
Editor's note · Context
Sherman emphasizes the importance of public faith in maintaining a stable paper currency.
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More from John Sherman
It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.
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.
Proud of Ohio, of its history and people, willing at all times to sound its praise in the sisterhood of states, yet, according to my convictions, the United States is entitled to my allegiance, and all parts of it should receive equal care…
Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.
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