On the record
The government ought to give, and has the power to give, to that money, all the sanction, authority, value, necessary and proper, to enable it to borrow money.
Source
gutenberg.orgJohn Sherman: “The government ought to give, and has the power to give, to that money, all the sanction, authority, value, necessary…”
Editor's note · Context
Sherman asserts the government's responsibility to provide value to its currency to facilitate borrowing.
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More from John Sherman
During forty years of public life, though many able men have aspired to the office I hold, the people of Ohio, through their general assembly, have preferred me to represent them.
Though my grateful thanks are due to them and have been often expressed, yet I have felt, as they do, that my duty was to the whole country.
The life of a civilian is in what he says or writes, that of a soldier in what he does.
Proud of Ohio, of its history and people, willing at all times to sound its praise in the sisterhood of states, yet, according to my convictions, the United States is entitled to my allegiance, and all parts of it should receive equal care…
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