Political Quotes

John Sherman: “The financial difficulties under which the country is laboring may be traced directly to the issue, and continuance in…”

On the record
The financial difficulties under which the country is laboring may be traced directly to the issue, and continuance in circulation, of irredeemable promises as lawful money.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman attributes the country's financial troubles to the circulation of irredeemable promises as money.

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