Political Quotes

John Sherman: “The power granted to the Bank of France and the Bank of England to issue circulating notes was greatly abused during the…”

On the record
The power granted to the Bank of France and the Bank of England to issue circulating notes was greatly abused during the period of war.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman critiques the abuse of note issuance by major banks during wartime, calling for stricter controls on such powers.

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