Political Quotes

John Sherman: “These two measures, the absorption of the state banks, and the establishment of the system of national banks, taken in…”

On the record
These two measures, the absorption of the state banks, and the establishment of the system of national banks, taken in connection with the legal tender act, were the most important financial measures of the war, and, tested by time, have fully realized the anticipations and confident assurance of their authors.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman identifies two key financial measures from the war that have proven successful over time.

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