Political Quotes

John Sherman: “A depreciated paper money cheats and robs every man who receives it, of a portion of the reward of his labor or…”

On the record
A depreciated paper money cheats and robs every man who receives it, of a portion of the reward of his labor or production, and, in all times, it has been treated by statesmen as one of the greatest evils that can befall a people.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman warns against the dangers of depreciated paper money and its effects on labor.

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