On the record
To have forced more into circulation would have excited a doubt whether any of our paper money could be maintained at par with gold.
Source
gutenberg.orgJohn Sherman: “To have forced more into circulation would have excited a doubt whether any of our paper money could be maintained at…”
Editor's note · Context
Sherman argues that increasing the circulation of silver dollars could undermine the value of paper money.
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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.
The life of a civilian is in what he says or writes, that of a soldier in what he does.
It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.
Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.
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