Political Quotes

John Sherman: “This order was made, not at the request of the banks, for they were entirely prepared to pay the money, but at the…”

On the record
This order was made, not at the request of the banks, for they were entirely prepared to pay the money, but at the urgent demand of business men, that the currency should not be withdrawn from the banks where it was employed in active business, and be deposited in the treasury where it would lay idle.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman clarifies that his order was made to support business interests, not at the banks' request.

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