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.
John Sherman: “The issue of United States notes by the government, and the making them a legal tender, was made the basis of an…”
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.
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Our family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.
Though my grateful thanks are due to them and have been often expressed, yet I have felt, as they do, that my duty was to the whole country.
Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.
The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.





