Political Quotes

John Sherman: “The provision for coin payments was made in the midst of war, when the notes were depreciated and the public necessities…”

On the record
The provision for coin payments was made in the midst of war, when the notes were depreciated and the public necessities required an assured revenue in coin to support the public credit.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman reflects on the historical context of coin payment provisions made during wartime.

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