This stringency extends to all trades and businesses; it affects even your public revenues, all forms of public and private securities, and, more than all, its stops the pay of a vast army of laboring men, of skilled mechanics, and artisans, and affects the economy and comfort of almost every home in the land.
Sherman discusses the widespread economic impact of financial stringency on labor and households.
Share
More from John Sherman
Though my grateful thanks are due to them and have been often expressed, yet I have felt, as they do, that my duty was to the whole country.
The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.
During forty years of public life, though many able men have aspired to the office I hold, the people of Ohio, through their general assembly, have preferred me to represent them.
Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.
Other voices in this conversation
