The public mind had settled into a conviction that the parity of coin and currency was assured, and our people, accustomed to the convenience of paper money, would not willingly have received coin to any considerable amount in any business transactions.
Sherman reflects on the public's confidence in the stability of paper money compared to coin currency.
Share
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.
Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.
If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.
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.
Other voices in this conversation
