The absence of the precious metals will, it is believed, be a temporary evil; but, until they can again be rendered the general medium of exchange, it devolves on the wisdom of Congress to provide a substitute which shall equally engage the confidence and accommodate the wants of the citizens throughout the Union.
Sherman discusses the temporary absence of precious metals and Congress's responsibility to provide a reliable currency substitute.
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The tax on spirits, tobacco and beer ought to be retained as the best objects of taxation either of domestic or imported goods.
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