I entered into a full explanation of the strength of the government, the amount of reserve on hand, the nature of our ability, and said: "Still we know that wars may come, pestilence may come, an adverse balance of trade, or some contingency of a kind which we cannot know of in advance may arise.
Sherman outlines potential future uncertainties that could affect the government's financial stability.
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More from John Sherman
It is impossible for an American to visit Paris without enjoyment and instruction.
God forbid that the despots of the Old World should ever adorn their infernal logic by pointing to a disrupted Union here!
I have given my views, speaking for no other man, frankly and fearlessly, and I will stand by them now and in the future.
This power in the hands of a few is at this moment the disturbing element in many of our great industries.
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