While our paper money was depreciated the gold and silver bullion from our mines went abroad and was converted into foreign coin, while a large portion and perhaps a majority of our people demanded more paper money, which declined in value in exact proportion to its increase.
Sherman discusses the economic challenges of his time, particularly the issues surrounding paper money and its depreciation.
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The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.
What I have written is no doubt clouded with partisanship, but I would not be honest if I did not express my attachment to my party.
Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.
The Union already embraces discordant elements enough without adding others.
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