The only answer was to substitute for the time the notes of the United States, with all the sanction and credit which the republic could confer, in the place of coin.
John Sherman: “The only answer was to substitute for the time the notes of the United States, with all the sanction and credit which…”
Editor's note · Context
Sherman advocates for the use of U.S. notes as a temporary currency solution, emphasizing the government's role in stabilizing the economy.
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The Union already embraces discordant elements enough without adding others.
Though my grateful thanks are due to them and have been often expressed, yet I have felt, as they do, that my duty was to the whole country.
If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.
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