The legal tender act, with its provision for coin receipts to pay interest on bonds, whatever may be said to the contrary by theorists, was the only measure that could have enabled the government to carry on successfully the vast operations of the war.
Sherman defends the legal tender act as essential for the government's financial operations during the war.
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This power in the hands of a few is at this moment the disturbing element in many of our great industries.
I believe that it will give a reasonable fair protection for the great industries of agriculture, manufacture, and commerce, which lie at the basis of the prosperity of this country.
How can we avert a calamity at which humanity and civilization shudder?
But some of you may say, all this is very well, but what will you do to save the Union?
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