On the record
The question then occurred whether the bank bill proposed by the Secretary of the Treasury, and introduced by me into the Senate, would tend to secure a national currency beyond the danger of inflation.
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gutenberg.orgThe question then occurred whether the bank bill proposed by the Secretary of the Treasury, and introduced by me into the Senate, would tend to secure a national currency beyond the danger of inflation.
Sherman raises a critical question about the potential impact of a bank bill on national currency stability.
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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.
I worked hard that winter, for hard work, I thought, was the way to fortune.
But, sir, I have no hope, while this House is constituted as it is now, of instituting any radical reform.
It is not in my blood and these gentlemen cannot put it there.