Political Quotes

On the record
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.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman argues for the benefits of direct loans to the public over national bank notes.

Share

More from John Sherman

It seems to me that in the present condition of our finances there is no necessity for conferring these large powers on the Secretary of the Treasury.

gutenberg.org

Because it is framed upon the idea that it is the duty of the government, in imposing taxes, to do as little injury to the industry of the country as possible; that they are to be levied so as to extend a reasonable protection to all…

gutenberg.org

The worst evil that could befall our country is civil war, but the outrages in Kansas cannot be continued much longer without producing it.

gutenberg.org

Our gold dollar is certainly as good a unit of value as the franc; and so the English think of their pound sterling.

gutenberg.org

Other voices in this conversation