Political Quotes

John Sherman: “The lessons of the past admonish the lender that it is not well to be over anxious in exacting from the borrower rigid…”

On the record
The lessons of the past admonish the lender that it is not well to be over anxious in exacting from the borrower rigid compliance with the letter of the bond.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman advises lenders to be cautious in demanding strict compliance from borrowers based on past experiences.

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