Political Quotes

On the record
The body of the people, I believe, agreed with me in opinion that resumption meant, not the cancellation and withdrawal of greenbacks, but the bringing them up to par and maintaining them as the equivalent of coin by the payment of them in coin on demand by the holder.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman discusses the importance of maintaining the value of greenbacks in relation to coin currency.

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This power in the hands of a few is at this moment the disturbing element in many of our great industries.

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It seems to me that in the present condition of our finances there is no necessity for conferring these large powers on the Secretary of the Treasury.

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