On the record
When I entered Congress I was entirely prepared, not only to tax the circulation of state banks, but to tax such banks out of existence.
Source
gutenberg.orgEditor's note · Context
Sherman reveals his readiness to impose taxes on state banks to eliminate them from the financial system.
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More from John Sherman
We have done no wrong; we have no apologies to make, and no concessions to offer.
That is all we ask, and what we demand at all hazards.
Resolved, That the Democratic party will resist all attempts at renewing in Congress, or out of it, the agitation of the slavery question, under whatever shape or color the attempt may be made.
This power in the hands of a few is at this moment the disturbing element in many of our great industries.
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