On the record
I said that the United States would be, on the 1st of January, in a better condition to resume specie payments than the Bank of England was to maintain them, and gave my reasons for that opinion.
Source
gutenberg.orgEditor's note · Context
Sherman expresses confidence in the U.S. financial situation compared to the Bank of England.
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More from John Sherman
I have participated in framing many tariff bills, but have never succeeded in securing one that I entirely approved.
This power in the hands of a few is at this moment the disturbing element in many of our great industries.
It is not in my blood and these gentlemen cannot put it there.
But, sir, I have no hope, while this House is constituted as it is now, of instituting any radical reform.
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