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.
Source
gutenberg.orgEditor'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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How can we avert a calamity at which humanity and civilization shudder?
That is all we ask, and what we demand at all hazards.
It was the same old story of injustice and wrong, of might against right.
I have given my views, speaking for no other man, frankly and fearlessly, and I will stand by them now and in the future.
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