Nobody wants to go back to the old condition of things when it was gold to the bondholders and paper to the pensioners.
John Sherman: “Nobody wants to go back to the old condition of things when it was gold to the bondholders and paper to the pensioners.”
Editor's note · Context
Sherman critiques the disparity in monetary treatment between bondholders and pensioners in the past.
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More from John Sherman
The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.
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.
It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.
Though my grateful thanks are due to them and have been often expressed, yet I have felt, as they do, that my duty was to the whole country.





