On the record
The actual amount of currency in circulation, I think, will be as large in specie times as now, and its equality and convertibility will rather increase than prevent the circulation of either.
Source
gutenberg.orgJohn Sherman: “The actual amount of currency in circulation, I think, will be as large in specie times as now, and its equality and…”
Editor's note · Context
Sherman believes that the amount of currency in circulation will remain stable during times of specie payments.
Share
More from John Sherman
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.
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.
The Union already embraces discordant elements enough without adding others.
Other voices in this conversation
