On the record
It would destroy the confidence with which the public creditor rests upon the promises contained in your bonds.
Source
gutenberg.orgEditor's note · Context
Sherman expresses concern that failing to honor financial promises would undermine public trust in government bonds.
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More from John Sherman
You have all contributed, more or less, in perverting the public mind as to our principles and purposes.
He took strong ground against the repeal of the Missouri Compromise, and in 1859 was a competitor with me for the position of speaker, but withdrew in my favor after the first ballot.
But, sir, I have no hope, while this House is constituted as it is now, of instituting any radical reform.
The policy of this country ought to be to make everything national as far as possible.
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