On the record
If, under the law as it now stands, the holder of the 5-20's can only be paid in gold, then we are repudiators if we propose to pay otherwise.
Source
gutenberg.orgEditor's note · Context
Sherman warns against the implications of not adhering to legal payment standards for bondholders.
Share
More from John Sherman
Resolved, That the Democratic party will resist all attempts at renewing in Congress, or out of it, the agitation of the slavery question, under whatever shape or color the attempt may be made.
I believe that it will give a reasonable fair protection for the great industries of agriculture, manufacture, and commerce, which lie at the basis of the prosperity of this country.
The policy of this country ought to be to make everything national as far as possible.
It was the same old story of injustice and wrong, of might against right.
Other voices in this conversation
