John Sherman: “The most beneficial financial act of the administration is the…”

On the record

The most beneficial financial act of the administration is the reduction of the interest on the public debt.

Said by

Ohio

Source

Sherman identifies the reduction of public debt interest as a significant achievement of the administration's financial policy.

More from John Sherman

Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.

It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.

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.

What I have written is no doubt clouded with partisanship, but I would not be honest if I did not express my attachment to my party.

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John Sherman: “The most beneficial financial act of the administration is the reduction of the interest on the public debt.”