Political Quotes

John Sherman: “But one vital question had been settled, that no further contraction of the currency should occur; and it was well…”

On the record
But one vital question had been settled, that no further contraction of the currency should occur; and it was well settled, though not embodied in law, that no question would be made as to the payment of bonds in coin.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman states that a critical consensus was reached to avoid further contraction of currency and ensure bond payments in coin.

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