The notes were issued with the understanding that they should be paid in coin.
John Sherman: “The notes were issued with the understanding that they should be paid in coin.”
Editor's note · Context
Sherman clarifies that the issuance of notes was based on the promise of payment in coin.
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More from John Sherman
Though my grateful thanks are due to them and have been often expressed, yet I have felt, as they do, that my duty was to the whole country.
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.
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.
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.





