Political Quotes

John Sherman: “To prevent the further organization of banks is to put in jeopardy the whole system, by taking from it that feature…”

On the record
To prevent the further organization of banks is to put in jeopardy the whole system, by taking from it that feature which makes it, as it now is, a banking system free upon the same terms to all who wish to engage in it.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman argues that restricting the organization of new banks jeopardizes the fairness of the banking system.

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