On the record
He recommended two plans by either of which he held that these banks might be absorbed, and a national currency be substituted in the place of their issues.
Source
gutenberg.orgJohn Sherman: “He recommended two plans by either of which he held that these banks might be absorbed, and a national currency be…”
Editor's note · Context
Sherman outlines two plans for reforming the banking system to improve currency stability.
Share
More from John Sherman
The life of a civilian is in what he says or writes, that of a soldier in what he does.
Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.
Our family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.
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.
Other voices in this conversation
