On the record
This was a privilege that no nation could safely surrender to individuals or banks.
Source
gutenberg.orgJohn Sherman: “This was a privilege that no nation could safely surrender to individuals or banks.”
Editor's note · Context
Sherman warns against surrendering the power to issue currency to private entities, advocating for government control.
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More from John Sherman
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.
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.
It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.
Our family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.
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