On the record
We could not, with safety, accept bank notes issued by state corporations, varying in terms and credit according to the laws of twenty-three separate states.
Source
gutenberg.orgEditor's note · Context
Sherman expresses concerns about the reliability of state-issued bank notes, advocating for a more unified currency system.
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More from John Sherman
They want disunion, and not compromise or conciliation.
We have done no wrong; we have no apologies to make, and no concessions to offer.
Our gold dollar is certainly as good a unit of value as the franc; and so the English think of their pound sterling.
He theorizes about coercing a state when he should be enforcing the laws against rebellious citizens.
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