On the record
The currency would rest upon the presumption that all paper money rests upon, that its use and convenience and convertibility will always keep it at par with coin.
Source
gutenberg.orgEditor's note · Context
Sherman discusses the foundational belief that paper money's value relies on its convenience and convertibility to coin.
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Resolved, That the Democratic party will resist all attempts at renewing in Congress, or out of it, the agitation of the slavery question, under whatever shape or color the attempt may be made.
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