Political Quotes

John Sherman: “There is a moral obligation which rests upon the United States every day of the year to every holder of these notes…”

On the record
There is a moral obligation which rests upon the United States every day of the year to every holder of these notes, because, although the United States has not said when it will redeem these notes in coin, yet it is bound to do what it can to give them additional value.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman asserts the moral duty of the United States to enhance the value of its notes despite not specifying a redemption date.

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