On the record
Such a currency would lead to the conversion of the notes into bonds, and by this process the people would absorb the national loan and enable him to carry on the government without any sacrifice to them.
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gutenberg.orgEditor's note · Context
Sherman discusses how a specific currency system would benefit the public and the government.
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The legality of this legislature was denied by the great majority of the people who never acquiesced in or obeyed its enactments, thus taking the only course open to them to secure a lawful government.
Is it not, therefore, possible to frame a bill which will punish the prominent actors in the rebellion, proclaim amnesty to the great mass of citizens in the seceding states, and separate them from their leader?
They want disunion, and not compromise or conciliation.
But, sir, I have no hope, while this House is constituted as it is now, of instituting any radical reform.
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