Our people... will give you all the necessaries of war they produce, if, instead of the bankrupt trash they now are obliged to receive for want of any other, you will give them a paper promise funded on a specific pledge, and of a size for common circulation.

Summary

In this quote, the speaker suggests that their people are willing to provide the supplies needed for war. However, due to a lack of options, they are forced to accept worthless currency. The speaker proposes that instead of this worthless currency, if they are given a paper promise backed by a specific pledge and suitable for widespread use, it would be more beneficial. This implies that the speaker believes a reliable currency, supported by a tangible pledge, would improve economic conditions and facilitate trade during times of war.

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