John Sherman: “It would no doubt have brought us abruptly to the specie standard and…”

On the record

It would no doubt have brought us abruptly to the specie standard and made us dependent for circulating notes upon the issues of national banks.

Said by

Ohio

Source

Sherman warns that the law could have forced the U.S. to adopt a strict gold standard.

More from John Sherman

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

The Union already embraces discordant elements enough without adding others.

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.

Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.

Other voices in this conversation

John Sherman: “It would no doubt have brought us abruptly to the specie standard and made us dependent for circulating notes upon the…”