On the record
He ought to be so no longer, and the moment that a bond could be bought with currency at par in gold, all discrimination in favor of the bondholder would disappear.
Source
gutenberg.orgJohn Sherman: “He ought to be so no longer, and the moment that a bond could be bought with currency at par in gold, all discrimination…”
Editor's note · Context
Sherman argues that eliminating the privilege of bondholders would occur once bonds could be bought with currency at par.
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