On the record
Our revolutionary currency, continental money, depreciated until it became worthless.
Source
gutenberg.orgJohn Sherman: “Our revolutionary currency, continental money, depreciated until it became worthless.”
Editor's note · Context
Sherman cites the depreciation of continental money during the American Revolution as a cautionary example.
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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.
Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.
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.
The Union already embraces discordant elements enough without adding others.
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