On the record
I said that the United States would be, on the 1st of January, in a better condition to resume specie payments than the Bank of England was to maintain them, and gave my reasons for that opinion.
Source
gutenberg.orgJohn Sherman: “I said that the United States would be, on the 1st of January, in a better condition to resume specie payments than the…”
Editor's note · Context
Sherman expresses confidence in the U.S. financial situation compared to the Bank of England.
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