Political Quotes

John Sherman: “The dollar note is an engagement to pay a dollar, and the dollar intended is the coined dollar of the United States, a…”

On the record
The dollar note is an engagement to pay a dollar, and the dollar intended is the coined dollar of the United States, a certain quantity in weight and fineness of gold or silver, authenticated as such by the stamp of the government.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman clarifies that a dollar note represents a promise to pay a specific amount of gold or silver.

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