I opposed this proposition, as it would impair the power of maintaining resumption in case such bonds could not be sold at par, and the existing law did not prevent the secretary from selling those already authorized at a premium.
Sherman articulates his opposition to a proposal that he believes would undermine financial stability.
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More from John Sherman
It is impossible for an American to visit Paris without enjoyment and instruction.
The worst evil that could befall our country is civil war, but the outrages in Kansas cannot be continued much longer without producing it.
If that party had been content with the compromise of 1850, and had faithfully observed the pledges in its platform, there would have been no Civil War.
The policy of this country ought to be to make everything national as far as possible.
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