Political Quotes

John Sherman: “United States notes, universally called greenbacks, were so much better as money than the bank notes were before the…”

On the record
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.
Said by
John Sherman
Ohio

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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