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.
Sherman critiques the burden placed on the treasury, arguing it could lead to failure in managing public debt.
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It was the same old story of injustice and wrong, of might against right.
I wrote an adverse report, but it was suppressed in the committee.
It seems to me that in the present condition of our finances there is no necessity for conferring these large powers on the Secretary of the Treasury.
They want disunion, and not compromise or conciliation.
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