Political Quotes

On the record
The issue of United States notes by the government, and the making them a legal tender, was made the basis of an inflated bank circulation in the country, and there was no way to check this except by uniting the interest of the government, the banks, and the people, together, by one uniform common system.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman argues for a unified system to prevent inflation caused by government-issued notes, emphasizing the need for collaboration among stakeholders.

Share

More from John Sherman

It was the same old story of injustice and wrong, of might against right.

gutenberg.org

This power in the hands of a few is at this moment the disturbing element in many of our great industries.

gutenberg.org

Resolved, That the Democratic party will resist all attempts at renewing in Congress, or out of it, the agitation of the slavery question, under whatever shape or color the attempt may be made.

gutenberg.org

I worked hard that winter, for hard work, I thought, was the way to fortune.

gutenberg.org

Other voices in this conversation