On the record
My experience thus far convinced me that it was bad public policy to continue the sale of bonds for refunding purposes through a syndicate of bankers, the chief of whom resided in London.
Source
gutenberg.orgJohn Sherman: “My experience thus far convinced me that it was bad public policy to continue the sale of bonds for refunding purposes…”
Editor's note · Context
Sherman critiques the public policy of selling bonds through a syndicate of bankers.
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