Political Quotes

John Sherman: “Therefore, I thought wisely, the sub-treasury system was adopted, by which gold and silver coin was the only money…”

On the record
Therefore, I thought wisely, the sub-treasury system was adopted, by which gold and silver coin was the only money received or paid out by the government.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman explains his support for the sub-treasury system, which mandated that only gold and silver coin be used by the government.

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