Political Quotes

John Sherman: “The legal tender clause was acquiesced in by all classes, and we had, for the first time, in circulation national paper…”

On the record
The legal tender clause was acquiesced in by all classes, and we had, for the first time, in circulation national paper money as the actual standard of value.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman highlights the acceptance of national paper money as a standard of value.

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