I see no reason why the people of the United States should not have the benefit of this cheap loan rather than the national banks, and there are many reasons why the issue of a like amount of notes by national banks cannot fill the place or perform the functions of United States notes.
Sherman argues for the benefits of direct loans to the public over national bank notes.
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More from John Sherman
Proud of Ohio, of its history and people, willing at all times to sound its praise in the sisterhood of states, yet, according to my convictions, the United States is entitled to my allegiance, and all parts of it should receive equal care…
The Union already embraces discordant elements enough without adding others.
Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.
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.
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