On the record
Without adding one dollar to the public debt, or the burden of the debt, both bonds and notes rose in value.
Source
gutenberg.orgJohn Sherman: “Without adding one dollar to the public debt, or the burden of the debt, both bonds and notes rose in value.”
Editor's note · Context
Sherman notes that both bonds and notes increased in value without increasing the public debt.
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Canada and Mexico as independent republics will be more valuable to the United States than if carved into additional states.
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.
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