On the record
This provision was a part of the contract between the government and the bondholder, and could only be changed by the consent of both parties.
Source
gutenberg.orgJohn Sherman: “This provision was a part of the contract between the government and the bondholder, and could only be changed by the…”
Editor's note · Context
Sherman emphasizes the importance of mutual consent in changing contractual agreements with bondholders.
Share
More from John Sherman
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.
Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.
During forty years of public life, though many able men have aspired to the office I hold, the people of Ohio, through their general assembly, have preferred me to represent them.
Our family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.
Other voices in this conversation
