Political Quotes

John Sherman: “If resolutions and promises would bring about specie payments, we would have been there long ago; but the diversity of…”

On the record
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.
Said by
John Sherman
Ohio

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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