Political Quotes

John Sherman: “Can 'resumption' be maintained after the law has placed a premium on coin, and virtually demonetized the paper, by…”

On the record
Can 'resumption' be maintained after the law has placed a premium on coin, and virtually demonetized the paper, by rendering its convertibility compulsory?
Said by
John Sherman
Ohio

Editor's note · Context

Sherman questions the feasibility of maintaining 'resumption' under the current monetary policy, reflecting his economic concerns.

Share

More from John Sherman

Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.

gutenberg.org

It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.

gutenberg.org

Proud of Ohio, of its history and people, willing at all times to sound its praise in the sisterhood of states, yet, according to my convictions, the United States is entitled to my allegiance, and all parts of it should receive equal care…

gutenberg.org

The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.

gutenberg.org

Other voices in this conversation