However desirable continuous resumption may be, and however confident we may feel in its maintenance, yet the experience of many nations has proven that it may be impossible in periods of great emergency.
John Sherman: “However desirable continuous resumption may be, and however confident we may feel in its maintenance, yet the experience…”
On the record
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gutenberg.orgEditor's note · Context
Sherman acknowledges the challenges of maintaining continuous resumption of currency during emergencies, drawing from historical examples.
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