On the record
Not one dollar of the notes issued by national banks has been lost to any person through the failure of a bank.
Source
gutenberg.orgJohn Sherman: “Not one dollar of the notes issued by national banks has been lost to any person through the failure of a bank.”
Editor's note · Context
Sherman claims that no national bank notes have been lost due to bank failures, highlighting their reliability.
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More from John Sherman
Our family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.
Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.
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.
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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