On the record
It was a power that ought never to be exercised except by the government, and only when the state was in danger.
Source
gutenberg.orgEditor's note · Context
Sherman emphasizes that only the government should exercise the power to issue currency, especially in times of danger.
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I would regard it as a public calamity to have the power of this House placed, directly or indirectly, under the control of this administration.
You have all contributed, more or less, in perverting the public mind as to our principles and purposes.
Because it is framed upon the idea that it is the duty of the government, in imposing taxes, to do as little injury to the industry of the country as possible; that they are to be levied so as to extend a reasonable protection to all…
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