To complete this system and to extend it to our paper money it would be wise to gradually withdraw treasury notes and silver certificates and replace them with United States notes supported and maintained by large reserves of gold.
Sherman proposes a gradual transition to a more unified paper currency backed by gold reserves.
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More from John Sherman
Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.
What I have written is no doubt clouded with partisanship, but I would not be honest if I did not express my attachment to my party.
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.
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.
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