Political Quotes

John Sherman: “It is impossible to prevent the depreciation of the currency unless Congress will assume its constitutional function and…”

On the record
It is impossible to prevent the depreciation of the currency unless Congress will assume its constitutional function and control it; and it is idle to try to make loans unless Congress will give the necessary support to the public credit.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman argues for Congressional control over currency to prevent depreciation.

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