Their possible use as currency is certainly no objection to them; for, though I adhere as strictly as anyone to a specie standard of value, I think that, it being constantly maintained by ample reserves and prompt redemption, current money in different forms should be provided for daily use.
Sherman argues for the acceptance of diverse forms of currency as long as they are backed by reserves and can be redeemed.
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I believe that it will give a reasonable fair protection for the great industries of agriculture, manufacture, and commerce, which lie at the basis of the prosperity of this country.
We have done no wrong; we have no apologies to make, and no concessions to offer.
Our gold dollar is certainly as good a unit of value as the franc; and so the English think of their pound sterling.
The tax on spirits, tobacco and beer ought to be retained as the best objects of taxation either of domestic or imported goods.
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