On the record
There was nothing to anchor it to the earth except the collection of duties in coin and the payment of the interest on our bonds in coin.
Source
gutenberg.orgThere was nothing to anchor it to the earth except the collection of duties in coin and the payment of the interest on our bonds in coin.
Sherman emphasizes the necessity of coin payments to ensure economic stability.
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More from John Sherman
I have participated in framing many tariff bills, but have never succeeded in securing one that I entirely approved.
God forbid that the despots of the Old World should ever adorn their infernal logic by pointing to a disrupted Union here!
If that party had been content with the compromise of 1850, and had faithfully observed the pledges in its platform, there would have been no Civil War.
What a pity, he said, it would have been if so great a country as the United States had been disrupted on account of slavery.