On the record
He ought to be so no longer, and the moment that a bond could be bought with currency at par in gold, all discrimination in favor of the bondholder would disappear.
Source
gutenberg.orgEditor's note · Context
Sherman argues that eliminating the privilege of bondholders would occur once bonds could be bought with currency at par.
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I believe that it will give a reasonable fair protection for the great industries of agriculture, manufacture, and commerce, which lie at the basis of the prosperity of this country.
It was the same old story of injustice and wrong, of might against right.
It is not in my blood and these gentlemen cannot put it there.
God forbid that the despots of the Old World should ever adorn their infernal logic by pointing to a disrupted Union here!
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