On the record
The war is over; the public debt has been diminished to one-third of the amount due at the close of the war.
Source
gutenberg.orgThe war is over; the public debt has been diminished to one-third of the amount due at the close of the war.
Sherman notes the reduction of public debt post-war, highlighting fiscal recovery.
Share
More from John Sherman
I have participated in framing many tariff bills, but have never succeeded in securing one that I entirely approved.
I believe that it will give a reasonable fair protection for the great industries of agriculture, manufacture, and commerce, which lie at the basis of the prosperity of this country.
The legality of this legislature was denied by the great majority of the people who never acquiesced in or obeyed its enactments, thus taking the only course open to them to secure a lawful government.
But some of you may say, all this is very well, but what will you do to save the Union?