Political Quotes

John Sherman: “As the reversal of this policy is threatened I feel justified in briefly restating the argument that induced Congress to…”

On the record
As the reversal of this policy is threatened I feel justified in briefly restating the argument that induced Congress to deprive all state banks of the power to issue their bills as money.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman restates the argument for Congress's decision to limit state banks' ability to issue currency.

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