On the record
Was it not then possible to preserve to the government the exclusive right to issue paper money, and yet not injuriously affect the local banks?
Source
gutenberg.orgJohn Sherman: “Was it not then possible to preserve to the government the exclusive right to issue paper money, and yet not injuriously…”
Editor's note · Context
Sherman reflects on the government's role in issuing paper money and its implications for local banks.
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More from John Sherman
During forty years of public life, though many able men have aspired to the office I hold, the people of Ohio, through their general assembly, have preferred me to represent them.
It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.
If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.
What I have written is no doubt clouded with partisanship, but I would not be honest if I did not express my attachment to my party.
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