He declares, not only in his official communications here, but in his private intercourses with the members of the committee, that this clause is indispensably necessary to the security and negotiability of these demand notes.
John Sherman: “He declares, not only in his official communications here, but in his private intercourses with the members of the…”
Editor's note · Context
Sherman cites the Secretary of the Treasury's strong support for a clause deemed essential for the security of demand notes.
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