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.orgEditor's note · Context
Sherman emphasizes the importance of mutual consent in changing contractual agreements with bondholders.
Share
More from John Sherman
We have done no wrong; we have no apologies to make, and no concessions to offer.
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.
What a pity, he said, it would have been if so great a country as the United States had been disrupted on account of slavery.
He took strong ground against the repeal of the Missouri Compromise, and in 1859 was a competitor with me for the position of speaker, but withdrew in my favor after the first ballot.
Other voices in this conversation
