If, however, such a coin is authorized, it should be issued only as a commercial dollar, not as a standard unit of account, and of the exact value of the Mexican dollar, which is the favorite for circulation in China and Japan and other oriental countries.
Sherman advocates for the issuance of a commercial dollar that aligns with the value of the Mexican dollar for international trade.
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More from John Sherman
I worked hard that winter, for hard work, I thought, was the way to fortune.
You have all contributed, more or less, in perverting the public mind as to our principles and purposes.
But, sir, I have no hope, while this House is constituted as it is now, of instituting any radical reform.
You can arrest this movement, and you alone can do it.
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