Political Quotes

John Sherman: “There is no standard for paper money, except coin.”

Editor's note · Context

Sherman asserts that coin is the only standard for paper money, emphasizing the importance of backing currency with tangible assets.

Share

More from John Sherman

If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.

gutenberg.org

What I have written is no doubt clouded with partisanship, but I would not be honest if I did not express my attachment to my party.

gutenberg.org

Though my grateful thanks are due to them and have been often expressed, yet I have felt, as they do, that my duty was to the whole country.

gutenberg.org

The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.

gutenberg.org

Other voices in this conversation