Political Quotes

John Sherman: “Beyond this the issue of paper money, either by the government or by banks, was a dangerous exercise of power, injurious…”

On the record
Beyond this the issue of paper money, either by the government or by banks, was a dangerous exercise of power, injurious to all citizens, and should not continue a single day beyond the necessities that gave it birth.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman warns against the dangers of issuing paper money, advocating for its limited use.

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