It has always seemed strange that so large and respectable a body of our fellow- citizens should regard the continuance of irredeemable money as the permanent policy of a nation so strong and rich as ours, able to pay every dollar of its debts on demand, after the causes of its issue had disappeared.
John Sherman: “It has always seemed strange that so large and respectable a body of our fellow- citizens should regard the continuance…”
Editor's note · Context
Sherman expresses surprise at the acceptance of irredeemable money as a long-term policy despite the nation's financial strength.
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