On the record
In short, I cannot but regard the fifth section of the bill as a step in the direction of the destruction of the national banking system.
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gutenberg.orgJohn Sherman: “In short, I cannot but regard the fifth section of the bill as a step in the direction of the destruction of the…”
Editor's note · Context
Sherman critiques a specific section of a bill as detrimental to the national banking system's stability.
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More from John Sherman
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.
Our family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.
If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.
The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.
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