If used in paying the interest on the public debt, the grave questions then presented would arise with public creditors, seriously affecting the public credit.
John Sherman: “If used in paying the interest on the public debt, the grave questions then presented would arise with public creditors…”
Editor's note · Context
Sherman warns that using silver to pay public debt interest could jeopardize public credit.
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It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.
The Union already embraces discordant elements enough without adding others.
Proud of Ohio, of its history and people, willing at all times to sound its praise in the sisterhood of states, yet, according to my convictions, the United States is entitled to my allegiance, and all parts of it should receive equal care…
During forty years of public life, though many able men have aspired to the office I hold, the people of Ohio, through their general assembly, have preferred me to represent them.





