Political Quotes

John Sherman: “To throw upon the treasury the possibility of the necessity of buying coin to pay the interest of the public debt, in…”

On the record
To throw upon the treasury the possibility of the necessity of buying coin to pay the interest of the public debt, in addition to buying that which is necessary to maintain resumption on United States notes, is simply to overload the wagon and break it down at the very start.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman critiques the burden placed on the treasury, arguing it could lead to failure in managing public debt.

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