On the record
The United States notes, although they are very popular, and justly so, in this country, are at this moment inconvertible; they are irredeemable, and they are depreciated.
Source
gutenberg.orgJohn Sherman: “The United States notes, although they are very popular, and justly so, in this country, are at this moment…”
Editor's note · Context
Sherman discusses the current state of U.S. notes, highlighting their inconvertibility and depreciation.
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