Political Quotes

John Sherman: “The note holder, the farmer, the artisan, the laborer, whose labor and production is measured in greenbacks, still…”

On the record
The note holder, the farmer, the artisan, the laborer, whose labor and production is measured in greenbacks, still receives your depreciated notes, worth ten per cent. less than gold you promised him 'at the earliest day practicable.' The one has a promise performed and the other a promise postponed.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman highlights the disparity in treatment between bondholders and laborers during a financial crisis.

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