By rendering their use permanent, to the moderate extent already mentioned, by offering no inducement for their return and by exchanging them for coin and other values, they will constitute to a certain extent the general currency so much needed to maintain the internal trade of the country.
John Tyler: “By rendering their use permanent, to the moderate extent already mentioned, by offering no inducement for their return…”
Editor's note · Context
He explains how making Treasury notes permanent can help maintain the internal trade of the country.
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