Political Quotes

John Sherman: “If, therefore, we are to take any step toward specie payments, why not give to the holder of United States notes who…”

On the record
If, therefore, we are to take any step toward specie payments, why not give to the holder of United States notes who demands it, a bond of the United States bearing a reasonable rate of interest in exchange for his notes?
Said by
John Sherman
Ohio

Editor's note · Context

Sherman advocates for exchanging U.S. notes for bonds as a step towards resuming specie payments.

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