Extraordinary power was conferred upon the Secretary of the Treasury to borrow money in almost any form, at home or abroad, practically without limitation as to amount, or with limits repeatedly enlarged.
John Sherman: “Extraordinary power was conferred upon the Secretary of the Treasury to borrow money in almost any form, at home or…”
Editor's note · Context
Sherman highlights the extraordinary powers granted to the Secretary of the Treasury to manage borrowing without significant limitations.
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