If resolutions and promises would bring about specie payments, we would have been there long ago; but the diversity of opinion as to the mode now-- twelve years after the close of the war--still leaves our paper money at a discount of five per cent.
John Sherman: “If resolutions and promises would bring about specie payments, we would have been there long ago; but the diversity of…”
Editor's note · Context
Sherman critiques the ineffectiveness of resolutions in achieving specie payments, highlighting ongoing monetary issues post-Civil War.
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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.
Our family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.
During forty years of public life, though many able men have aspired to the office I hold, the people of Ohio, through their general assembly, have preferred me to represent them.
It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.





