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.
John Sherman: “I opposed this proposition, as it would impair the power of maintaining resumption in case such bonds could not be sold…”
Editor's note · Context
Sherman articulates his opposition to a proposal that he believes would undermine financial stability.
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Our country, our whole country, and nothing but our country" has been the watchword and creed of my public life.
Proud of Ohio, of its history and people, willing at all times to sound its praise in the sisterhood of states, yet, according to my convictions, the United States is entitled to my allegiance, and all parts of it should receive equal care…
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.
It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.





