On the record
It is credit that gives life and competition to trade; and credit is destroyed by every scheme that impairs, delays, or even clouds an obligation.
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gutenberg.orgJohn Sherman: “It is credit that gives life and competition to trade; and credit is destroyed by every scheme that impairs, delays, or…”
Editor's note · Context
Sherman highlights the critical role of credit in trade and warns against schemes that undermine financial obligations.
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