Political Quotes

John Sherman: “The United States notes, commonly called greenbacks, were the creature of necessity, but proved a great blessing, and…”

On the record
The United States notes, commonly called greenbacks, were the creature of necessity, but proved a great blessing, and only needed one attribute to make them the best substitute for coin money that has ever been devised.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman describes greenbacks as a necessary innovation that could serve as a substitute for coin money.

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