On the record
For the want of paper money at the commencement of the Civil War, the United States was compelled to issue its notes and to make them a legal tender.
Source
gutenberg.orgJohn Sherman: “For the want of paper money at the commencement of the Civil War, the United States was compelled to issue its notes and…”
Editor's note · Context
Sherman explains that the lack of paper money at the start of the Civil War forced the U.S. to issue its own notes.
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More from John Sherman
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.
If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.
Though my grateful thanks are due to them and have been often expressed, yet I have felt, as they do, that my duty was to the whole country.
The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.
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