On the record
Every bond that was issued was issued only upon the sacred pledge contained in this act, that the interest of that bond should be paid in coin; and the principal should be paid, when due, in coin.
Source
gutenberg.orgEditor's note · Context
Sherman highlights the commitment to pay bond interest and principal in coin as a crucial promise.
Share
More from John Sherman
What boy did not feel the gushings of patriotic emotion when one of these old veterans appeared upon the stage.
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.
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.
Because it is framed upon the idea that it is the duty of the government, in imposing taxes, to do as little injury to the industry of the country as possible; that they are to be levied so as to extend a reasonable protection to all…
Other voices in this conversation
