Political Quotes

On the record
I believe that if the Secretary of the Treasury would do nothing in the world except simply sit in his chair, meet the accruing indebtedness, and issue his treasury warrants, this debt will take care of itself, and will fund itself at four or five per cent. before very long.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman suggests that minimal intervention by the Secretary could lead to self-sustaining debt management.

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