United States notes, universally called greenbacks, were so much better as money than the bank notes were before the war, that the people were entirely content with them, even if they were quoted at a discount in coin.
John Sherman: “United States notes, universally called greenbacks, were so much better as money than the bank notes were before the…”
Editor's note · Context
Sherman highlights the superiority of United States notes over bank notes in the post-Civil War economy.
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