On the record
It is the movement of fear, the belief that their money will be needed, and that they may not be able to get it when they want it.
Source
gutenberg.orgEditor's note · Context
Sherman explains the psychological factors driving financial panic and hoarding behavior.
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More from John Sherman
I wrote an adverse report, but it was suppressed in the committee.
The tax on spirits, tobacco and beer ought to be retained as the best objects of taxation either of domestic or imported goods.
That is all we ask, and what we demand at all hazards.
Morrill's bill is a great improvement on the tariff of 1857.
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