Political Quotes

John Sherman: “They were a legal tender in payment for all debts, public and private, except for duties on imported goods and interest…”

On the record
They were a legal tender in payment for all debts, public and private, except for duties on imported goods and interest on the public debt.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman explains the legal tender status of U.S. notes and their limitations.

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